---
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. [Netwrix Auditor](https://www.getapp.ca/software/108743/netwrix-auditor) — 4.5/5 (212 reviews) — Ease the burden of IT auditing
2. [Progress MOVEit](https://www.getapp.ca/software/107517/moveit) — 4.7/5 (96 reviews) — Move enterprise file data securely and efficiently.
3. [HSI Donesafe](https://www.getapp.ca/software/109675/donesafe) — 4.8/5 (96 reviews) — Cloud-based EHS management tool for workplace safety.
4. [CRISAM](https://www.getapp.ca/software/2048682/crisam) — 4.8/5 (6 reviews) — Cloud-based risk and compliance management software
5. [Presight](https://www.getapp.ca/software/2070665/presight) (0 reviews) — Barrier management solution for handling risks and safety.
6. [Cloud Claims](https://www.getapp.ca/software/2006051/cloud-claims) — 4.7/5 (11 reviews) — Incident-oriented, claims-focused RMIS
7. [VelocityEHS](https://www.getapp.ca/software/104315/velocityehs) — 4.4/5 (85 reviews) — Environment, Health, Safety (EHS) Management Software
8. [FraudNet](https://www.getapp.ca/software/116911/fraud-net-guardian) — 4.8/5 (17 reviews) — Cloud-based solution for fraud detection.
9. [Ketch](https://www.getapp.ca/software/2080424/ketch) — 5.0/5 (1 reviews) — Data privacy and governance solution
10. [Essential ERM](https://www.getapp.ca/software/113431/essential-erm) — 4.7/5 (26 reviews) — Cloud-based enterprise risk management software.
11. [Mitti (by SafetyCulture)](https://www.getapp.ca/software/102403/iauditor) — 4.6/5 (355 reviews) — Cloud-based inspection tool for mobile inspections
12. [Wrike](https://www.getapp.ca/software/9964/wrike) — 4.4/5 (3037 reviews) — AI-powered work delivery platform
13. [SolarWinds Service Desk](https://www.getapp.ca/software/1336/solarwinds-service-desk) — 4.6/5 (577 reviews) — IT Service Desk \& Asset Management Software
14. [KAWAK](https://www.getapp.ca/software/2060913/kawak) — 4.6/5 (343 reviews) — Business management and document control solution
15. [Splunk Enterprise](https://www.getapp.ca/software/122523/splunk) — 4.6/5 (264 reviews) — Machine data management and analytics
16. [Pirani](https://www.getapp.ca/software/2040543/pirani) — 4.5/5 (217 reviews) — Business risk and compliance management software
17. [Carbonite](https://www.getapp.ca/software/90986/carbonite) — 4.3/5 (172 reviews) — Internet based backup solution
18. [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
19. [Daruma](https://www.getapp.ca/software/2054420/daruma) — 4.6/5 (137 reviews) — Software to automate quality management processes.
20. [Novara Flex](https://www.getapp.ca/software/644355/kpa-ehs) — 4.8/5 (130 reviews) — Cloud-based EHS risk management tool for workplace safety.
21. [QT9 QMS](https://www.getapp.ca/software/105047/qt9-quality-management) — 4.8/5 (124 reviews) — Fully Validated QMS for Compliance and Quality Automation
22. [EcoOnline](https://www.getapp.ca/software/102745/ecompliance-safety) — 4.6/5 (123 reviews) — EcoOnline provides simple EHS, chemical and ESG software
23. [Teramind](https://www.getapp.ca/software/105327/teramind) — 4.7/5 (107 reviews) — Employee Monitoring, UAM, ITM \& IRM, DLP, and Compliance.
24. [ProcessGene GRC Software Suite](https://www.getapp.ca/software/90736/processgene-grc-software-suite) — 4.5/5 (97 reviews) — GRC solution designed for multi-subsidiary organizations
25. [RLDatix](https://www.getapp.ca/software/107311/policymanager) — 4.5/5 (88 reviews) — Policy and workflow management for healthcare organizations

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## Related Categories

- [Incident Management Software](https://www.getapp.ca/directory/1415/incident-management/software)
- [EHS Management Software](https://www.getapp.ca/directory/699/ehs/software)
- [Governance, Risk and Compliance (GRC) Software](https://www.getapp.ca/directory/251/governance-risk-compliance-grc/software)
- [Integrated Risk Management Software](https://www.getapp.ca/directory/1759/integrated-risk-management/software)
- [Audit Software](https://www.getapp.ca/directory/470/audit-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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