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10+ Best Risk Management Softwares 2021

Unfortunate events are never avoidable. In fact, according to the quantivate.com website, there was a total of 62% of organizations that experienced a critical risk event in 2019 alone. That said, it is vital that you have the proper tools, so that you can prevent huge company losses, hence it becomes easier to bounce back. Fortunately, we have Risk Management Software available today.

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Alternatives

Logo Name Rating CEO Pricing Founded Revenue Employees Location Reviews Customers
nTask 4.8 N/A Custom 2008 N/A 50+ California 3200+ Reviews 6000+
Cura 4.6 Rama Pochinapeddi $0 2015 $49 M 200+ Portland 3910+ Reviews 250+
Integrum 4.8 Beven Schwaiger Custom 2005 $4.8 M 33+ Chandler 5800+ Reviews 1500000+
Qualys 4.6 Philippe Courtot $500 1999 $342.2 M 1266+ California 3600+ Reviews 10300+
Resolver 4.5 James Walker $10000 2014 $15.9 M 218+ Toronto 2300+ Reviews 1000000+
AuditBoard 4.6 Jim Howard Custom 2014 $31.2 M 219+ Los Angeles 2900+ Reviews 500+
SAS Risk Management 4.4 Jim Goodnight Custom 1976 $3.3 B 13939+ Cary 3809+ Reviews 2900+
SAP Risk Management 4.5 Steve Hewison Custom 1990 $27 B 21000+ California 4500+ Reviews 2000+
Essential ERM 4.2 Keryn James $165 2009 $838 M 500+ Canada 3000+ Reviews N/A
Software AG Risk Management 4.2 Sanjay Brahmawar Custom 1969 $995.2 M 5000+ Germany 3900+ Reviews 3800+

nTask

4.8 User Rating
Custom Price
Collaboration tools, Task comments, Calendar management Features
Overview
nTask is a cloud-based risk management software that is ideal for freelancers and small businesses. The app provides a platform for the creation of mitigation plans, identifying risk factors in your project, and ensuring that your projects are submitted before the deadline. With nTask, you have access to its robust features, such as risk analysis, assessment, mitigation, and much more. Programmed as part of nTask's online project management software, the nTask risk management product is built to identify project risks, and create mitigation plans to ensure successful project delivery. Since its release in the market in 2008, nTask's risk management solution has been delivering flexible risk reporting and risk mitigation across various projects. With thousands of users that trust nTaks for risk management processes, the app instantly captures multiple project-related operations, making the app one of the best risk management software to use. nTask also becomes the primary competitor for other leading risk management software like Integrum, Qualys, Cura, Resolver, and SAP Risk Management.

Cura

4.6 User Rating
$0 Price
Dashboards & Reports, Internal Audit, Business Continuity Features
Overview
CURA is a web-based risk management platform designed to enable organizations to manage risk. CURA provides businesses of all sizes with tools for eliminating risk elements, while it also delivers high-end solutions that manage compliance and safety policies. With CURA, users can enjoy flexible features for identifying operational risks, incident management, information security, business-related tasks, notifications, and escalations, all in one app. Programmed as an all-in-one GRC (Governance, Risk, and Compliance) platform, CURA has been providing state-of-the-art solutions across multiple businesses and organizations for the past 16 years. CURA is designed to deliver the best GRC solutions that enable users to mitigate and monitor critical insights that fill the connectivity gap and communication between operations. Today, with thousands of users who rely on CURA's governance, risk, and compliance solutions, the platform is branded as one of today's best risk management platforms. With CURA's outstanding recognition in today's market, the platform also becomes the primary competitor for other risk management providers like Essential ERM, AuditBoard, SAS Risk Management, Resolver, nTask, Integrum, and SAP Risk Management.

Integrum

4.8 User Rating
Custom Price
Risk Management, Business Intelligence, HR Functions Features
Overview
Integrum is an advanced cloud-based risk management software platform for businesses and organizations of all sizes. Aside from risk management, the app helps you manage health, safety, quality, compliance, and the environment. With Integrum, you can use its robust features, such as investigation, management, audit management, incident management, and so much more. Founded in 2005, Integrum delivers all-encompassing comprehensive risk, compliance, and business optimization solutions today. The platform assists multiple businesses of all sizes to streamline their processes, reduce risks, and accelerate business growth. With over 1,500,000 licensed users across 200 countries, Integrum is branded as a multi-award winning cloud-based risk management, which also makes the app recognized in the best risk management software charts. Today, with Integrum's recognition in terms of its solutions and acknowledgment across businesses, the software becomes one of the primary competitors for other risk management solutions like SAP Risk Management, SAS Risk Management, Essential ERM, Software AG Risk Management, Resolver, and Cura.

Qualys

4.6 User Rating
$500 Price
Web App, Firewall Threat Protection, Vulnerability Management Features
Overview
Founded in San Francisco, California, Qualys is a cloud-based risk management platform that caters to businesses' risk management needs in various industries. With Qualys, users can access its top risk management features, such as vulnerability prioritization schedule, network device mapping and detection, app scanning, remediation, and much more. What also makes Qualys a powerful platform for risk management is it provides comprehensive reporting functionality that allows users to track vulnerability data across multiple networks. Established in 1999, Qualys primarily emerges to support high-end information security across businesses and organizations. Since its release, Qualys becomes the go-to platform for more than 15,000 various users, making the software branded as one of the most popular risk management solutions to use. Along with its extensive capabilities and remarkable recognition in today's market, Qualys becomes the top contender for the best risk management software charts, competing against other leading risk management providers like Integrum, nTask, Cura, Resolver, AuditBoard, SAP Risk Management, SAS Risk Management, and Essential ERM.

Resolver

4.5 User Rating
$10000 Price
Activity tracking, Customization, Alerts & workflow Features
Overview
Resolver is another integrated risk and incident management software built for mid-sized and large-sized operations across various industries. Resolver has the all-in-one functionality for risk management, for it is programmed with a combination of risk management and internal audit in one solution. The platform has the capacity to manage risks and incidents across operations, for the platform delivers high-end risk management solutions, such as ISO management, audit trail, archiving and retention, and much more. On top of that, Resolver also records your performance so that you can compare it to future projects to increase efficiency and productivity. For more than decades in the industry, Resolver has been transforming multiple organizations by providing reliable risk and incident management solutions. Given that risk is an inevitable aspect of every operation, Resolver ensures that they can deliver the most flexible solutions that adapt to the most complex risk management processes. Today, with over 1 million active users who trust Resolver, the platform is considered one of the leading risk management providers today.

AuditBoard

4.6 User Rating
Custom Price
Asset Tracking, Audit Management, Risk Management Features
Overview
AuditBoard is a next-generation SaaS audit management software designed and purpose-built to streamline businesses’ audits, risks, and compliance programs. AuditBoard software allows its users to establish collaboration, analysis, and real-time reporting for every audit management. On top of that, this software also provides high-time SOX management, ERM, operational audits, compliance, and workflow management. Formerly known as SOXHUB, AuditBoard was primarily programmed in 2014 to respond to organizations and operations' needs for managing internal controls and compliance. This platform integrates high-end capabilities that go beyond the traditional GRC (Governance, Risk, and Compliance) processes, thanks to its most intuitive, collaborative, and integrated solutions. With over 250,000+ active users and 350,000+ controls, AuditBoard is currently recognized as one of the leading audit management platforms for businesses, making the app the primary competitor for other software like Resolver, SAP Risk Management, CURA, Software AG Risk Management, SAS Risk Management, ZenGRC, nTask, and Essential ERM.

SAS Risk Management

4.4 User Rating
Custom Price
Risk Management, Data Management, Marketing Analytics Features
Overview
SAS Risk Management is a quantitative risk management software that provides integrated data management, predictive analytics, and reporting for businesses and risk analysts. SAS Risk Management has the capability to optimize credit risk analysis, address Basel III/IV requirements for credit risk analytics, and integrate existing risk models into a streamlined, unified data infrastructure for measuring and reporting. Designed to streamline credit risk and regulatory capital analytics, SAS Risk Management drives every business with intelligent risk analytics. SAS Risk Management is primarily programmed under SAS Institute, giving multiple users access to advanced analytics for risk management. Together with the application's proven methodologies and best practices for risk management, SAS Risk Management becomes the primary platform for thousands of users, making the app recognized as one of the best risk management platform to use. Today, SAS Risk Management is under Jim Goodnight as CEO, with company revenue of $3.3 billion.

SAP Risk Management

4.5 User Rating
Custom Price
Data Discovery, Predictive Analysis, Planning Social, Collaboration Features
Overview
SAP Risk Management is an enterprise risk management solution programmed by SAP SE that provides high-time solutions for risk identification, assessment, analysis, and monitoring. SAP Risk Management has a comprehensive approach to optimize and automate all treasury processes that every business requires, such as cash management, liquidation, investments, forecasting, and more. What’s more amazing is that this app can be deployed on-premise or in the cloud. As part of SAP SE's robust product solution for business operations and customer relations, SAP Risk Management delivers the best solutions for risk-aware decisions and monitoring processes. SAP Risk Management offers the best end-to-end risk management solutions across various organizations and operations, allowing them to get detailed insight into how risk drivers can impact one operation. Since SAP Risk Management's release, the platform becomes the primary risk management outlet for thousands of users, making them one of the most preferred risk management software. Today, SAP Risk Management still continuously provides the best risk management solutions across businesses of all sizes.

Essential ERM

4.2 User Rating
$165 Price
ERM automation, Risk tracking, Email reminders Features
Overview
Essential ERM is one of the available web-based enterprise risk management software in today’s market. This award-winning platform features its top-notch functionality for every enterprise risk management processes, such as strategy centric risk, risk appetite frameworks and thresholds, board reporting module, heat maps, and more. With Essential ERP, its users can easily conduct risk assessments, run risk workshops, and model risk scenarios, all in just one app. Designed to provide flexible risk management that adapts across businesses and organizations, Essential ERM has all the essential functionality that track, mitigate, and report risk management processes. Essential ERM also streamlines risk management processes, for the application has built-in functionality that allows users to export data with third-party applications. With these powerful features, Essential ERM has been the primary risk management platform for more than 17 Industries in over 30 countries, including leading brands and organizations like Energizer, Port of Portland, KPMG, and PWC.

Software AG Risk Management

4.2 User Rating
Custom Price
Integration, It portfolio management, Risk management Features
Overview
Software AG Risk Management is another comprehensive risk management platform, designed as part of Software AG’s integrated software solutions. This software solution is exclusively programmed to provide a set of high-end tools for business process, analytics, and governance, risk, and compliance management software. Through Software AG Risk Management, you can easily leverage GRC, skip the traditional process by achieving fully integrated business control, create efficient reporting for effective decision-making, and more. Designed to protect critical business operations with high-end risk and compliance management, Software AG Risk Management is born to provide a process-focused approach to implementing an effective risk management system. With Software AG Risk Management's capacity to manage risks while adhering to legal standards and internal policies, the platform is branded as one of the best risk management software, ideal for businesses of various sizes. With these high-end risk management benefits, there's no question why more and more operations trust Sofware AG Risk Management regarding their risk and compliance processes.

A Risk Management Software is a type of software that enables businesses to stay ahead of risks. On top of that, it also provides various statistical and analytical features, which organizations can use to prevent or avoid crises.

Benefits

  • It enables management to see which projects are in trouble.
  • Offers better data driven decision making.
  • It lets the team remain focused on tasks.

We know how vital a Risk Management Software is, which is why we gathered all the best platforms below. The list is complete with a brief overview of all the apps’ capabilities as well as their limitations, so that you can select the best one for your business.