---
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
---

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# 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. [QT9 QMS](https://www.getapp.ca/software/105047/qt9-quality-management) — 4.8/5 (117 reviews) — Fully Validated QMS for Compliance and Quality Automation
2. [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
3. [Progress MOVEit](https://www.getapp.ca/software/107517/moveit) — 4.7/5 (95 reviews) — Secure data \& file transfer for enterprise-level users
4. [Teramind](https://www.getapp.ca/software/105327/teramind) — 4.7/5 (92 reviews) — Employee Monitoring, Insider Threat \& Data Loss Prevention
5. [RLDatix](https://www.getapp.ca/software/107311/policymanager) — 4.5/5 (88 reviews) — Policy and workflow management for healthcare organizations
6. [Sprinto](https://www.getapp.ca/software/2063041/sprinto) — 4.7/5 (86 reviews) — Cloud-based solution for security compliance.
7. [TRUCE](https://www.getapp.ca/software/113783/truce) — 4.1/5 (81 reviews) — Contextual MDM Technology to Enforce Device Polices at Work
8. [Contractor Compliance](https://www.getapp.ca/software/116735/contractor-compliance) — 4.7/5 (81 reviews) — Compliance management for third party contractors.
9. [Mango](https://www.getapp.ca/software/123303/mango) — 4.6/5 (80 reviews) — Cloud-based compliance management software for SMBs
10. [HSI](https://www.getapp.ca/software/2035199/hsi) — 4.6/5 (79 reviews) — Cloud-based EHS management solution for workplace safety.
11. [Gatekeeper](https://www.getapp.ca/software/101929/gatekeeper) — 4.7/5 (78 reviews) — Cloud-based tool for contract and vendor management.
12. [Scoreplan](https://www.getapp.ca/software/2046797/scoreplan) — 4.6/5 (77 reviews) — Streamlining business and people management
13. [BCS](https://www.getapp.ca/software/2048516/projektron-bcs) — 4.7/5 (74 reviews) — Plan. Implement. Evaluate.
14. [Lansweeper](https://www.getapp.ca/software/2053728/lansweeper) — 4.5/5 (73 reviews) — Know Your IT
15. [Oracle Fusion Cloud ERP](https://www.getapp.ca/software/123543/seed-oracle-erp-cloud) — 4.2/5 (70 reviews) — Cloud-based ERP suite of business solutions
16. [Fluix](https://www.getapp.ca/software/101377/fluix) — 4.8/5 (69 reviews) — Field work done right
17. [Lookout](https://www.getapp.ca/software/2048553/lookout) — 4.7/5 (69 reviews) — Endpoint-to-cloud security for businesses with remote teams
18. [Ideagen EHS](https://www.getapp.ca/software/2046762/ehs-management) — 4.5/5 (66 reviews) — EHSQ solutions made Easy
19. [Qualityze Suite](https://www.getapp.ca/software/106061/qualityze-suite) — 4.9/5 (65 reviews) — Intelligent Quality, Powered by AI
20. [Signifyd](https://www.getapp.ca/software/123367/signifyd) — 4.7/5 (64 reviews) — Commerce Protection Platform for Ecomm Merchants of Any Size
21. [Loyal DMS](https://www.getapp.ca/software/2064872/loyal-dms) — 4.1/5 (63 reviews) — Document Management System
22. [Tandem Software](https://www.getapp.ca/software/120067/tandem-software) — 4.8/5 (59 reviews) — Easily Manage Information Security and Regulatory Compliance
23. [BIS Safety Software](https://www.getapp.ca/software/2005691/bistrainer) — 4.8/5 (58 reviews) — Learning and Compliance for high-risk industries.
24. [Effivity](https://www.getapp.ca/software/102763/myeasyiso) — 4.6/5 (56 reviews) — ISO 9001 Quality Management System Software
25. [OneTrust](https://www.getapp.ca/software/2040903/onetrust) — 4.3/5 (56 reviews) — Helping governance professionals to be AI-ready.

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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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