---
description: Discover the most popular Free Risk Management Software tools and compare user ratings, pricing, features, and free demo versions.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/getapp/og_logo-94fd2a03a6c7a0e54fc0c9e21a1c0ce9.png
title: Top Free Risk Management Software Applications and Tools | GetApp Australia 2026
---

Breadcrumb: [Home](/) > [Free Risk Management Software](https://www.getapp.com.au/directory/246/risk-management/software) > [Page 9](https://www.getapp.com.au/directory/246/risk-management/software?page=9)

# Risk Management Software

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> Risk Management Software is an enterprise solution used by project managers, risk managers, and other professionals to identify and keep track of potential risks, mitigation measures, and residual risks. They involve managing a risk register based on analytics and projections, setting up controls and barriers to reduce risk and avoid crises, and monitoring the effects of mitigation measures. IT experts can use risk management platforms to detect and eliminate hardware and software vulnerabilities, prevent errors and malicious attacks, and ensure legal compliance. In the field of information security management (ISM), such software can help develop and implement procedures to ensure the integrity and confidentiality of information in compliance with ISO/IEC27002, GDPR, or other regulations. Risk Management Software can identify staffing gaps, reputation damage, and additional staffing risks in HR management. It can be used by upper management to draft forecasts and make year-on-year (YoY) comparisons. Enterprise risk management software for professionals can benefit companies by replacing local silos with centralised data collection, incorporating risks and dependencies into risk assessments using analytics, prioritising responsibilities, improving quality assurance and compliance measures, monitoring processes in real-time, and simultaneous reporting to ensure fast responses to change. Third-party vendor risk management software gathers and manages vendor or supplier risk data to protect companies from issues such as data breaches or noncompliance. This software assesses, monitors, and mitigates all risks that may negatively impact the company and vendor relationship. Typical features of credit risk management software include transparent and easily accessible activity dashboards, risk reporting, analytics and reporting features, and other risk assessment models. Risk management tools can be used in a variety of settings. So, they can relate to environment, health, and safety software (EHS software) in how they manage workplace safety. They could also be associated with Quality Management Software and Compliance Software in terms of helping enterprises keep their IT operations compliant or Financial Risk Management Software by helping to implement internal protocols.

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## Products

1. [VERSO Supply Chain Hub](https://www.getapp.com.au/software/2071062/verso-1) — 5.0/5 (3 reviews) — Establishing sustainability in your supply chain
2. [Torsion](https://www.getapp.com.au/software/2075907/torsion) — 5.0/5 (3 reviews) — Data access governance solution to streamline collaboration
3. [Perimeter](https://www.getapp.com.au/software/2072934/processbolt) — 5.0/5 (3 reviews) — Painless VRM
4. [Isora GRC](https://www.getapp.com.au/software/120715/isora) — 5.0/5 (2 reviews) — The easier way to conduct GRC assessments
5. [Direct Claim Solution](https://www.getapp.com.au/software/130743/direct-claim-solution) — 5.0/5 (2 reviews) — Claims management solution for self-insured organizations
6. [Dataminr](https://www.getapp.com.au/software/132275/dataminr) — 5.0/5 (2 reviews) — Emergency event and risk detection solution
7. [The CyberStrong Platform](https://www.getapp.com.au/software/133899/the-cyberstrong-platform) — 5.0/5 (2 reviews) — Automated, Intelligent Cyber Compliance and Risk Management
8. [RESPONSUM](https://www.getapp.com.au/software/2045247/responsum) — 4.0/5 (2 reviews) — GDPR compliance software accelerating privacy and security
9. [Risk Radar](https://www.getapp.com.au/software/2048102/risk-radar) — 5.0/5 (2 reviews) — Web-based risk management software
10. [roXtra Risk Management](https://www.getapp.com.au/software/2048281/roxtra-risk-management) — 4.5/5 (2 reviews) — roXtra risk management software
11. [Fatigue360](https://www.getapp.com.au/software/2054467/fatigue360) — 5.0/5 (2 reviews) — Scheduling and fatigue risk management
12. [Opture Risk Management](https://www.getapp.com.au/software/2055957/opture-risk-management) — 5.0/5 (2 reviews) — Enterprise risk management software
13. [AKARION Compliance Cloud](https://www.getapp.com.au/software/2058567/akarion-compliance-cloud) — 5.0/5 (2 reviews) — Compliance solution
14. [Clearity](https://www.getapp.com.au/software/2058603/clearity) — 5.0/5 (2 reviews) — Conduct self-assessments, manage BAs, watch your progress.
15. [Panorays](https://www.getapp.com.au/software/2059600/panorays) — 5.0/5 (2 reviews) — Third-party security risk management software
16. [AutoResilience](https://www.getapp.com.au/software/2059660/ascent-autobcm) — 5.0/5 (2 reviews) — Operational Resilience Management Platform
17. [ATS](https://www.getapp.com.au/software/2060549/ats) — 5.0/5 (2 reviews) — Cloud-based and on-premise platform for risk management.
18. [Versio.io](https://www.getapp.com.au/software/2062000/versio-io) — 4.5/5 (2 reviews) — CMDB, IT Asset Management, Governance, Security
19. [Salama](https://www.getapp.com.au/software/2067928/salama) — 5.0/5 (2 reviews) — Cloud-based construction management tool
20. [Speeki](https://www.getapp.com.au/software/2068223/speeki) — 3.0/5 (2 reviews) — Manage and assure your non-financial programmes with ease
21. [ManageEngine DataSecurity Plus](https://www.getapp.com.au/software/2069235/manageengine-datasecurity-plus) — 4.0/5 (2 reviews) — Software for managing data visibility and security
22. [Defense In Depth](https://www.getapp.com.au/software/2075260/defense-in-depth) — 5.0/5 (2 reviews) — Empowering cyber defense for businesses.
23. [Domino Enterprise MLOps Platform](https://www.getapp.com.au/software/2075957/domino-enterprise-mlops-platform) — 5.0/5 (2 reviews) — Empower efficient, responsible AI data science.
24. [Trustfull](https://www.getapp.com.au/software/2078724/trustfull) — 5.0/5 (2 reviews) — Fraud prevention with identity intelligence
25. [IntelligenceBank GRC](https://www.getapp.com.au/software/91707/intelligencebank-compliance) — 5.0/5 (1 reviews) — Governance Risk and Compliance management made easy.

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Next: [Next page](https://www.getapp.com.au/directory/246/risk-management/pricing/free/software?page=10)

## Related Categories

- [EHS Management Software](https://www.getapp.com.au/directory/699/ehs/software)
- [Quality Management Systems](https://www.getapp.com.au/directory/144/quality-management/software)
- [Integrated Risk Management Software](https://www.getapp.com.au/directory/1759/integrated-risk-management/software)
- [Incident Management Software](https://www.getapp.com.au/directory/1415/incident-management/software)
- [GDPR Compliance Software](https://www.getapp.com.au/directory/1393/gdpr-compliance/software)

## Links

- [View on GetApp](https://www.getapp.com.au/directory/246/risk-management/software)
- [All Categories](https://www.getapp.com.au/directory)

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