---
description: Discover and compare Free Risk Management Software Applications & Tools. Capterra is a free interactive tool that lets you quickly narrow down your software selection, contact multiple vendors, and compare platforms for your business.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress
title: Free Risk Management Software - Capterra Australia 2026
---

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# Risk Management Software

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> Risk Management Tools are crucial for organisations aiming to effectively identify, assess, and mitigate risks. Risk management tools provide a structured approach to managing risks, ensuring potential issues are identified and addressed promptly. Risk management software offers features such as risk assessment, monitoring, and reporting, helping organisations to stay compliant with industry regulations and standards. Risk control software enables organisations to implement risk mitigation strategies and track their effectiveness. Enterprise risk management software provides a comprehensive platform for managing risks across the organisation, ensuring that risk management processes are integrated and aligned with organisational goals. Whether a small business or a large enterprise, implementing robust risk management tools is essential for safeguarding your organisation's assets and reputation. Explore the best risk management solutions designed to meet the needs of your organisation in Australia.

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## Products

1. [CyberGRX](https://www.capterra.com.au/software/180648/cybergrx) — 4.3/5 (18 reviews) — Third-party risk management platform that automates self-assessments and their validation for third-party vendors.
2. [Auditrunner](https://www.capterra.com.au/software/192906/auditrunner) — 4.6/5 (16 reviews) — End-to-end risk management, which can create heat/ opportunity maps automatically. Modular structure to expand into GRC SW.
3. [TheBrain](https://www.capterra.com.au/software/1062715/thebrain) — 4.7/5 (16 reviews) — TheBrain is a knowledge platform that enables individuals to manage information and teams to collaborate, visualize, and share ideas.
4. [Mastt](https://www.capterra.com.au/software/200020/mastt) — 4.7/5 (15 reviews) — Fast, easy reporting, contract \& payment tools for construction Project Owners, Project Managers \& Owner's Reps.
5. [Integrum](https://www.capterra.com.au/software/127201/integrum) — 4.1/5 (14 reviews) — World class integrated QHSE Risk \& Compliance system used in 200+ countries with 1,500,000+ licensed users. With full BI system.
6. [flowdit](https://www.capterra.com.au/software/1060812/flowdit) — 5.0/5 (14 reviews) — flowdit simplifies risk management by automating risk assessments, tracking issues, and ensuring compliance, reducing risk.
7. [6clicks](https://www.capterra.com.au/software/209378/6clicks) — 4.8/5 (13 reviews) — Transform IT risk management: Say goodbye to reactive approaches. Optimize decision-making and foster a cyber risk-aware culture.
8. [Actio](https://www.capterra.com.au/software/1012279/actio) — 4.2/5 (13 reviews) — Manages risks efficiently with control points and mitigation plans.
9. [Hexiosec ASM](https://www.capterra.com.au/software/1037409/hexiosec-asm) — 4.8/5 (13 reviews) — Hexiosec ASM scans the Internet to discover your online infrastructure, assets and shadow IT.
10. [Risk Ledger](https://www.capterra.com.au/software/214339/risk-ledger) — 4.8/5 (12 reviews) — A network of connected organisations working together to reduce risk in the supply chain; facilitating client - supplier collaboration.
11. [Weather Defender](https://www.capterra.com.au/software/132220/weather-defender) — 4.6/5 (11 reviews) — Web-based solution that provides weather surveillance through alerts, risk management, reporting and more.
12. [SECTARA](https://www.capterra.com.au/software/184976/sectara) — 4.7/5 (11 reviews) — SECTARA is an encrypted SaaS platform for consultants and corporate/government managers to conduct security risk assessments.
13. [consentmanager](https://www.capterra.com.au/software/205183/consent-management-provider) — 4.1/5 (11 reviews) — consentmanager is a cookie consent solution providing compliance for all major data privacy regulations, with support of 30+ languages.
14. [SecurityScorecard](https://www.capterra.com.au/software/172806/securityscorecard) — 4.5/5 (10 reviews) — Address real-time risks against your business with the industry's only integrated security ratings and vendor assessment solution.
15. [ISO2HANDLE](https://www.capterra.com.au/software/210384/iso2handle) — 4.3/5 (10 reviews) — With ISO2HANDLE, you gain superpowers that give you control over your quality, safety, HR, and environmental processes in no time.
16. [WalletCard](https://www.capterra.com.au/software/160421/certification-management-platform) — 4.9/5 (9 reviews) — Eliminate paper records \& manual tracking of workplace certificates with a secure, collaborative, all-in-one risk management solution.
17. [Camms GRC](https://www.capterra.com.au/software/155487/cammsrisk) — 4.6/5 (8 reviews) — Camms GRC is a cloud-based solution that helps businesses manage risk, compliance, audits, and more on a unified interface.
18. [S2Vendor](https://www.capterra.com.au/software/181282/securitystudio) — 4.9/5 (8 reviews) — Solutions to secure your information.
19. [HITRUST Assessment XChange](https://www.capterra.com.au/software/212015/hitrust-assessment-xchange) — 4.9/5 (7 reviews) — Secure \& interactive portal operationalizes TPRM methodology and streamlines vendor risk assessment to improve workflow and save time.
20. [TreasuryView](https://www.capterra.com.au/software/116277/treasuryview) — 4.8/5 (6 reviews) — Easy to use debt, currency, and interest rate risk management platform designed for thinly staffed finance teams.
21. [CRISAM](https://www.capterra.com.au/software/195455/crisam) — 4.8/5 (6 reviews) — Integrated Management approach for decision-making and managing risks and opportunities.
22. [Novade Lite](https://www.capterra.com.au/software/1026327/novade-lite) — 5.0/5 (6 reviews) — The \#1 field app to manage construction, installation, inspections and maintenance.
23. [Budee](https://www.capterra.com.au/software/1036636/budee) — 4.8/5 (6 reviews) — Budee is a single management system catering to global and regional EHS needs with out of the box functionality priced for anyone.
24. [SharpCloud](https://www.capterra.com.au/software/144271/sharpcloud) — 5.0/5 (5 reviews) — SharpCloud gives you a simple way to identify, manage and communicate enterprise risk across your business.
25. [RiskWatch](https://www.capterra.com.au/software/181338/securewatch) — 4.4/5 (5 reviews) — RiskWatch is a cloud-based risk management platform that helps organizations manage risk, ensure compliance, and enhance security.

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## Related Categories

- [EHS Management Software](https://www.capterra.com.au/directory/10015/ehs-management/software)
- [Quality Management Systems](https://www.capterra.com.au/directory/30099/quality-management/software)
- [Integrated Risk Management Software](https://www.capterra.com.au/directory/31545/integrated-risk-management/software)
- [GDPR Compliance Software](https://www.capterra.com.au/directory/31309/gdpr-compliance/software)
- [Vendor Management Software](https://www.capterra.com.au/directory/10024/vendor-management/software)

## Links

- [View on Capterra](https://www.capterra.com.au/directory/30665/risk-management/software)
- [All Categories](https://www.capterra.com.au/directory)

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Empower your team with enterprise risk management software that everyone can use and understand on all levels.\n\nIn just a click, SharpCloud transforms complex risk analysis data into compelling visuals. Powered by your data in real-time, you can make updates dynamically as you present to leadership. Make data previously held in static spreadsheets more presentable and visible.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductLogo/2ba45d0b-3757-4484-9432-744b9faa678f.png","url":"https://www.capterra.com.au/software/144271/sharpcloud","@type":"ListItem"},{"name":"RiskWatch","position":25,"description":"RiskWatch is a risk and compliance assessment platform that helps organizations manage regulatory requirements and enhance security. It streamlines processes with real-time insights via interactive dashboards and analytics. The platform offers compliance assessment with pre-built libraries for various frameworks, physical security assessments, and risk management using predictive analytics. Features include policy management tools for creating and distributing policies, cybersecurity solutions aligned with NIST and ISO 27001, and healthcare compliance tools for HIPAA. RiskWatch centralizes compliance tracking, simplifies risk identification, and automates policy review workflows. It serves industries like healthcare, manufacturing, logistics, financial services, and utilities with tailored solutions.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductLogo/38d7b130-1cd4-4234-aa2f-41d51d18474f.jpeg","url":"https://www.capterra.com.au/software/181338/securewatch","@type":"ListItem"}],"@id":"https://www.capterra.com.au/directory/30665/risk-management/pricing/free/software?page=2#itemlist","numberOfItems":25}
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