---
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. [ManageEngine Log360](https://www.getapp.ca/software/120875/log360) — 4.7/5 (26 reviews) — Log management and SIEM management solution
2. [Cloud Claims](https://www.getapp.ca/software/2006051/cloud-claims) — 4.7/5 (11 reviews) — Incident-oriented, claims-focused RMIS
3. [Tanium](https://www.getapp.ca/software/2049841/tanium-endpoint-platform) — 4.2/5 (5 reviews) — Autonomous IT, driven by AI and real-time intelligence
4. [CRISAM](https://www.getapp.ca/software/2048682/crisam) — 4.8/5 (6 reviews) — Cloud-based risk and compliance management software
5. [HSI Donesafe](https://www.getapp.ca/software/109675/donesafe) — 4.8/5 (96 reviews) — Cloud-based EHS management tool for workplace safety.
6. [Essential ERM](https://www.getapp.ca/software/113431/essential-erm) — 4.7/5 (26 reviews) — Cloud-based enterprise risk management software.
7. [Kokomo24/7](https://www.getapp.ca/software/2059468/kokomo24-7-ars-tipline) (0 reviews) — Health, Safety, and Wellness Simplified
8. [Presight](https://www.getapp.ca/software/2070665/presight) (0 reviews) — Barrier management solution for handling risks and safety.
9. [FraudNet](https://www.getapp.ca/software/116911/fraud-net-guardian) — 4.8/5 (17 reviews) — Cloud-based solution for fraud detection.
10. [VelocityEHS](https://www.getapp.ca/software/104315/velocityehs) — 4.4/5 (85 reviews) — Environment, Health, Safety (EHS) Management Software
11. [SafetyCulture](https://www.getapp.ca/software/102403/iauditor) — 4.6/5 (354 reviews) — Cloud-based inspection tool for mobile inspections
12. [Ketch](https://www.getapp.ca/software/2080424/ketch) — 5.0/5 (1 reviews) — Data privacy and governance solution
13. [A1 Tracker](https://www.getapp.ca/software/120575/a1-tracker) — 4.9/5 (79 reviews) — Enterprise risk management software
14. [Wrike](https://www.getapp.ca/software/9964/wrike) — 4.4/5 (3023 reviews) — AI-powered work delivery platform
15. [SolarWinds Service Desk](https://www.getapp.ca/software/1336/solarwinds-service-desk) — 4.6/5 (577 reviews) — IT Service Desk \& Asset Management Software
16. [KAWAK](https://www.getapp.ca/software/2060913/kawak) — 4.6/5 (338 reviews) — Business management and document control solution
17. [Splunk Enterprise](https://www.getapp.ca/software/122523/splunk) — 4.6/5 (262 reviews) — Machine data management and analytics
18. [Pirani](https://www.getapp.ca/software/2040543/pirani) — 4.5/5 (212 reviews) — Business risk and compliance management software
19. [Carbonite](https://www.getapp.ca/software/90986/carbonite) — 4.3/5 (172 reviews) — Internet based backup solution
20. [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
21. [Daruma](https://www.getapp.ca/software/2054420/daruma) — 4.6/5 (137 reviews) — Software to automate quality management processes.
22. [Novara Flex](https://www.getapp.ca/software/644355/kpa-ehs) — 4.8/5 (129 reviews) — Cloud-based EHS risk management tool for workplace safety.
23. [QT9 QMS](https://www.getapp.ca/software/105047/qt9-quality-management) — 4.8/5 (124 reviews) — Fully Validated QMS for Compliance and Quality Automation
24. [EcoOnline](https://www.getapp.ca/software/102745/ecompliance-safety) — 4.6/5 (123 reviews) — EcoOnline provides simple EHS, chemical and ESG software
25. [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

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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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