---
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 Canada 2026
---

Breadcrumb: [Home](/) > [Free Risk Management Software](https://www.getapp.ca/directory/246/risk-management/software)

# Risk Management Software

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> Risk Management Tools are enterprise solutions 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. Risk management software can be used by IT experts 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. In HR management, risk management software can be used to identify staffing gaps, reputation damage, and additional staffing risks. Finally, they can be used by upper management to draft forecasts and make year-on-year (YoY) comparisons. 

Risk management solutions for professionals can benefit companies by replacing local silos with centralized data collection, incorporating risks and dependencies into risk assessments using analytics, prioritizing responsibilities, improving quality assurance and compliance measures, monitoring processes in real-time, and simultaneous reporting to ensure fast responses to change. 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 Assessment Software 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. Find the best Risk Management Tool for your business in Canada.

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## Products

1. [HSI Donesafe](https://www.getapp.ca/software/109675/donesafe) — 4.7/5 (80 reviews) — Cloud-based EHS management tool for workplace safety.
2. [Tanium](https://www.getapp.ca/software/2049841/tanium-endpoint-platform) — 4.2/5 (5 reviews) — Autonomous IT. Unstoppable Business.
3. [SafetyCulture](https://www.getapp.ca/software/102403/iauditor) — 4.6/5 (253 reviews) — Cloud-based inspection tool for mobile inspections
4. [TeamMate](https://www.getapp.ca/software/113025/standardfusion) — 4.6/5 (39 reviews) — TeamMate Risk \& Compliance is an all‑in‑one GRC platform.
5. [VelocityEHS](https://www.getapp.ca/software/104315/velocityehs) — 4.4/5 (85 reviews) — Environment, Health, Safety (EHS) Management Software
6. [Cloud Claims](https://www.getapp.ca/software/2006051/cloud-claims) — 4.7/5 (11 reviews) — Incident-oriented, claims-focused RMIS
7. [CRISAM](https://www.getapp.ca/software/2048682/crisam) — 4.8/5 (6 reviews) — Cloud-based risk and compliance management software
8. [A1 Tracker](https://www.getapp.ca/software/120575/a1-tracker) — 4.9/5 (79 reviews) — Enterprise risk management software
9. [ManageEngine Log360](https://www.getapp.ca/software/120875/log360) — 4.7/5 (26 reviews) — Log management and SIEM management solution
10. [Ketch](https://www.getapp.ca/software/2080424/ketch) — 5.0/5 (1 reviews) — Data privacy and governance solution
11. [FraudNet](https://www.getapp.ca/software/116911/fraud-net-guardian) — 4.8/5 (17 reviews) — Cloud-based solution for fraud detection.
12. [Presight](https://www.getapp.ca/software/2070665/presight) (0 reviews) — Barrier management solution for handling risks and safety.
13. [Pirani](https://www.getapp.ca/software/2040543/pirani) — 4.5/5 (203 reviews) — Business risk and compliance management software
14. [SpiraPlan](https://www.getapp.ca/software/90467/spiraplan) — 4.1/5 (29 reviews) — Cloud-based platform for streamlining project management
15. [Kokomo24/7](https://www.getapp.ca/software/2059468/kokomo24-7-ars-tipline) (0 reviews) — Health, Safety, and Wellness Simplified
16. [Essential ERM](https://www.getapp.ca/software/113431/essential-erm) — 4.7/5 (26 reviews) — Cloud-based enterprise risk management software.
17. [Wrike](https://www.getapp.ca/software/9964/wrike) — 4.4/5 (2887 reviews) — AI powered workflow management platform
18. [SolarWinds Service Desk](https://www.getapp.ca/software/1336/solarwinds-service-desk) — 4.6/5 (577 reviews) — IT Service Desk \& Asset Management Software
19. [KAWAK](https://www.getapp.ca/software/2060913/kawak) — 4.6/5 (319 reviews) — Business management and document control solution
20. [Splunk Enterprise](https://www.getapp.ca/software/122523/splunk) — 4.6/5 (259 reviews) — Machine data management and analytics
21. [Carbonite](https://www.getapp.ca/software/90986/carbonite) — 4.3/5 (172 reviews) — Internet based backup solution
22. [D\&B Finance Analytics](https://www.getapp.ca/software/133571/d-b-finance-analytics) — 4.5/5 (137 reviews) — Credit risk management software with predictive analysis
23. [Daruma](https://www.getapp.ca/software/2054420/daruma) — 4.6/5 (137 reviews) — Software to automate quality management processes.
24. [Novara Flex](https://www.getapp.ca/software/644355/kpa-ehs) — 4.8/5 (129 reviews) — Cloud-based EHS risk management tool for workplace safety.
25. [EcoOnline](https://www.getapp.ca/software/102745/ecompliance-safety) — 4.6/5 (123 reviews) — EcoOnline provides simple EHS, chemical and ESG software

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## Related Categories

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

## Links

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

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