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.

466 Software options

HighBond by Diligent (formerly Galvanize) is a cloud-based GRC solution designed to help professionals streamline operations related to auditing, risk assessments, investigations, forensics, and more. The centralized dashboard provides executives with a real-time overview of potential risks and mitigation efforts. Read more about Diligent HighBond
AuditBoard transforms how audit, risk, and compliance professionals manage today’s risk landscape with a modern, connected platform. Read more about AuditBoard
Ventiv IRM provides powerful analytics, robust reporting, and a modern user experience designed to empower risk managers to make data-driven decisions that enable optimal outcomes. Lower your Total Cost of Risk and reduce claim frequency and severity with real-time, actionable insights. Read more about Ventiv IRM
Wrike is a risk management platform trusted by more than two million users in 140 countries. Features include robust authentication, time tracking tools, and automated reports. Use Wrike's reporting software to monitor finances, spot potential risk areas, and increase profitability. Read more about Wrike
MasterControl's risk management software system is an integrated solution. It helps companies identify risk and mitigate long term systemic risks by tracking and analyzing recurring issues. Read more about MasterControl Quality Excellence
Risk management software made easy. Manage risks by assigning actions, risk scores, tasks, priorities and employees to minimize potential issues. Track any ISO 9001, ISO 13485, ISO 14001, ISO 17025, AS9100, HACCP, SQF, cGMP & FDA Part 820/211 risks. Connect your locations, departments & employees. Read more about QT9 QMS
Robust QMS software suite and platform offering extreme configurability. Meet FDA compliance and ISO standards, drive operational excellence, and enhance business productivity. Read more about Intellect QMS
A push notification solution for organizations with features for multiple department communication, multi device integration, and more. Read more about Regroup Mass Notification
Nlyte Data Center Infrastructure Management (DCIM) is designed to help businesses manage the physical and virtual computing infrastructure including data centers, colocations, and edge computing. Read more about Nlyte DCIM
If you are a financial entity, credit card institution, life insurance company, or another company that falls under the Law on the prevention of money laundering and the financing of terrorism, Aprenet is the AML software you need to comply with the law. Read more about Fastcheck
Modern SaaS application designed to allow organizations to quickly and easily manage their Information Security GRC programs and follow best practices Read more about StandardFusion
Smart IP&O is a web-based, integrated suite with modules designed to help businesses to track business metrics and forecast accurately to optimize service levels. The platform integrates four modules; Smart Inventory Optimization, Supply Planner, Demand Planner, and Operational Analytics. Read more about Smart IP&O
IDenfy is a cloud-based identity platform that offers secure and reliable identity verification services to businesses, individuals, and developers. It combines a full stack of onboarding, check-out, and authorization features to provide its clients with a robust end-to-end solution. Read more about iDenfy
Aperitisoft is a cloud-based, flexible, and configurable risk management system that helps companies put risk management processes into practice. It can be configured to support the already established risk management workflows across the organizations, or it can be customized to create and implement a new risk management process. Read more about Aperitisoft
Osano is a cloud-based data privacy platform designed to help businesses ensure compliance with data governance laws such as General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) across websites. Read more about Osano
Optimiso is designed to help enterprises in the health, training, and other industries handle risk assessments, ensure compliance with industry regulations, and define business policies. It enables employees to provide role-based access to specific users for streamlining administrative operations. Read more about Optimiso
3E Protect is a chemical management software designed to help businesses across pharmaceutical, healthcare, retail, and other industries track chemical inventories and access associated safety data sheets (SDS). It enables employees to streamline chemical and workplace safety operations, configure workflows, and ensure compliance with industry... Read more about 3E Protect
CTM360 is a global digital risk protection platform that provides detection and response to vulnerabilities and threats in cyberspace. Read more about CTM360
Nectarine Credit is a credit risk management solution for small businesses. The software facilitates the management of commercial credit applications and credit decisions. Users can create custom credit applications, send them to their customers, and approve or deny the applications directly from the application. Read more about Nectarine Credit
Credit Risk Platform is a financial risk analysis software designed to manage credit risk assessment and credit approvals on a cloud-based platform. Read more about Credit Risk Platform
Equip your frontline with an inspection solution that they can learn in minutes, so you can manage operations from wherever you are. iAuditor is used to conduct over 1 million inspections per month across all industries for safety, quality control, and operations. Read more about iAuditor
Splunk Enterprise is a cloud-based platform designed to assist businesses with big data management and analysis of machine data. Key features include data visualization, performance metrics, data collection, real-time search, indexing, KPI tracking, reporting, and monitoring. Read more about Splunk Enterprise
Voted #1 BPM software for mid-market based on reviews of more than 100 BPM tools on G2Crowd. Read more about Nintex Promapp
KAWAK is a business management and document control solution that helps businesses manage audits, equipment, risks, human talent, and more from a centralized platform. It allows staff members to utilize the built-in customer service module to set up PQRS categories and establish corrective and preventive actions to optimize services for stakeholder... Read more about KAWAK
RationalPlan is a straightforward and easy to use risk management software but powerful enough to assist project managers in managing their projects. Read more about RationalPlan
The software solution establishes an automated workflow that reduces the time and cost of GRC efforts and eliminates manual labor, maintenance of multiple excel spreadsheets, etc. ProcessGene's GRC solution is designed for multi-subsidiary organizations, based on our Multi-Org technology. Read more about ProcessGene GRC Software Suite
PolicyManager is a SaaS-based policy management solution designed to streamline workflows and aid communication for organizations in the healthcare industry Read more about RLDatix
KPA EHS Software (formerly iScout) is a cloud-based Environment, Health & Safety (EHS) management software platform designed the help organizations establish and implement a comprehensive safety program, make data-driven decisions, and take real-time action to keep employees safe and compliant. Read more about KPA EHS Software
All-In-One Cloud-Based Public Safety Management Platform. Reduce Time Spent on Paperwork by 50% to Get Your Officers Back to Work. Read more about Omnigo
Teramind is an employee monitoring, insider threats detection and data loss prevention solution. Track all activity and productivity of employees, privileged users, remote workers to prevent IP and data leaks. Monitor your employees from your phone and tablet with Teramind Android App. Read more about Teramind
With CorityOne, we help you streamline and simplify the identification, evaluation and control of operational risk, providing leaders at all levels with enhanced real-time visibility of where risk exists in the business, enabling faster, more intelligent decisions to protect your workforce . Read more about Cority
TRUCE delivers CMDM solutions to eliminate device distraction in the workplace, temporarily suspend/allow access to apps & features based on the work being performed, work location or the workgroup. Enable companies to minimize liability/expense and legal/reputational exposure Read more about TRUCE
Mango is a cloud-based software designed to help small and midsize businesses (SMBs) manage quality, health, safety, and environmental (QHSE) standards. It is a mobile-enabled and integrated application that replaces point solutions with a single enterprise platform. Read more about Mango
Benchmark's Risk + Compliance solutions empower your company strengthen the foundation of your ESG program allowing you to minimize risk, enhance safety programs, improve compliance and performance, and deliver on ESG commitments. Read more about Benchmark EHS
#1 Risk Management Solution. Simple for workers to use and managers to customize, on any device. Easy to access, enter and report risk data in real time. A platform with end-to-end functionality with out-of-the-box templates or build your own to match requirements. Try now. Read more about HSI Donesafe
Kount's online platform provides a simple and comprehensive tool to reduce fraud and manual reviews for online and CNP merchants Read more about Kount
Lookout is an integrated SASE solution that provides endpoint-to-cloud security, enabling remote teams to work from any location while protecting business data. It provides actionable insights that help businesses proactively identify potential threats such as ransomware, phishing attacks, and offensive web content. Lookout is designed to... Read more about Lookout
Signifyd’s Commerce Protection Platform instantly recognizes the ‘who’ behind every transaction, enabling merchants to streamline customer experiences and grow fearlessly. Read more about Signifyd
A centralized risk register helps normalize your risk assessments & organize responses. No more guessing in analyses: use real-time data to calculate potential risk. Keep tabs on financial impacts & probabilities based on risk tolerance. And integrate reports with other business units. Read more about Onspring
The efficient way to improve quality, safety, operational standards & compliance. Read more about GoAudits
Supplier and Contract Management in the Cloud. Simple to use, powerful and customised to your business. Read more about Gatekeeper
Q-Pulse is a quality, safety, and risk management system offering tools for audit management, document control incident management, corrective actions, and more Read more about Q-Pulse
Qualtrax is a cloud-based compliance management platform which allows businesses to manage accreditations, documents, processes, employee training and testing. The software is designed for forensic labs, testing labs, medical examiners, manufacturers, utilities companies, and more. Read more about Qualtrax
New generation risk management software designed to meet complex risk reporting, metrics, & notifications to streamline management. Read more about A1 Tracker
Empower your entire workforce with?highly intuitive EHS software tools, to promote behavioural change and, build a strong safety culture. Read more about EcoOnline Platform
Complete risk management on signups, logins and transactions. Default and customizable rules to fit your industry and use cases, allowing you to tackle risk with confidence. Read more about SEON. Fraud Fighters
Oracle Fusion Cloud ERP is a suite of solutions designed to help mid to enterprise-level businesses handle various administrative processes related to risk management, supply chain, procurement, project management, and more. Read more about Oracle Fusion Cloud ERP

Related categories