---
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
---

Breadcrumb: [Home](/) > [Free Risk Management Software](https://www.capterra.com.au/directory/30665/risk-management/software) > [Page 6](https://www.capterra.com.au/directory/30665/risk-management/software?page=6)

# Risk Management Software

Canonical: https://www.capterra.com.au/directory/30665/risk-management/software

Page: 6 / 6\
Prev: [Previous page](https://www.capterra.com.au/directory/30665/risk-management/pricing/free/software?page=5)

> 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.

-----

## Products

1. [BowTie Risk](https://www.capterra.com.au/software/1100441/BowTie-Risk) (0 reviews) — BowTie Risk is ISO 31000 compliant software that visualizes and analyzes complex risks with bowtie diagrams on Mac, iPhone, and iPad.
2. [Bold Matrix Vendor Risk Engine](https://www.capterra.com.au/software/1101390/Bold-Matrix-Vendor-Risk-Engine) (0 reviews) — Bold Matrix Vendor Risk Engine evaluates AI tools, SaaS vendors, and service providers using five key risk pillars for assessment.
3. [PropertyLens](https://www.capterra.com.au/software/1101659/PropertyLens) (0 reviews) — PropertyLens is a platform offering home history reports from 90+ data sources to help buyers make informed decisions.
4. [LexFlag](https://www.capterra.com.au/software/1101573/LexFlag) (0 reviews) — LexFlag is AI-powered software automating vendor, supplier, and third-party screening against databases to deliver risk scores.
5. [TekPulse](https://www.capterra.com.au/software/1102139/TekPulse) (0 reviews) — TekPulse is supply chain risk software analyzing materials across regulatory, market, geopolitical, technical, and environmental risks.

-----

Page: 6 / 6\
Prev: [Previous page](https://www.capterra.com.au/directory/30665/risk-management/pricing/free/software?page=5)

## 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)

-----

## Structured Data

<script type="application/ld+json">
  {"@context":"https://schema.org","@graph":[{"name":"Capterra Australia","address":{"@type":"PostalAddress","addressLocality":"Sydney","addressRegion":"NSW","postalCode":"2060","streetAddress":"Level 18 40 Mount Street North Sydney NSW 2060 Australia"},"description":"Capterra Australia helps millions of people find the best business software with user reviews, ratings and price comparisons.","email":"info@capterra.com.au","url":"https://www.capterra.com.au/","logo":"https://dm-localsites-assets-prod.imgix.net/images/capterra/logo-a9b3b18653bd44e574e5108c22ab4d3c.svg","@id":"https://www.capterra.com.au/#organization","@type":"Organization","parentOrganization":"G2.com, Inc.","sameAs":["https://twitter.com/Capterra","https://www.linkedin.com/company/capterra/","https://www.youtube.com/channel/UCjRCDmEibpHwyX3m2b3y80w"]},{"name":"Capterra Australia","url":"https://www.capterra.com.au/","@id":"https://www.capterra.com.au/#website","@type":"WebSite","publisher":{"@id":"https://www.capterra.com.au/#organization"},"potentialAction":{"query":"required","target":"https://www.capterra.com.au/search/?q={search_term_string}","@type":"SearchAction","query-input":"required name=search_term_string"}},{"name":"Risk Management Software","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.","url":"https://www.capterra.com.au/directory/30665/risk-management/pricing/free/software?page=6","about":{"@id":"https://www.capterra.com.au/directory/30665/risk-management/pricing/free/software?page=6#itemlist"},"breadcrumb":{"@id":"https://www.capterra.com.au/directory/30665/risk-management/pricing/free/software?page=6#breadcrumblist"},"@id":"https://www.capterra.com.au/directory/30665/risk-management/pricing/free/software?page=6#webpage","@type":["WebPage","CollectionPage"],"isPartOf":{"@id":"https://www.capterra.com.au/#website"},"inLanguage":"en-AU","publisher":{"@id":"https://www.capterra.com.au/#organization"},"mainEntity":{"@id":"https://www.capterra.com.au/directory/30665/risk-management/pricing/free/software?page=6#itemlist"}},{"@id":"https://www.capterra.com.au/directory/30665/risk-management/pricing/free/software?page=6#breadcrumblist","@type":"BreadcrumbList","itemListElement":[{"name":"Home","position":1,"item":"/","@type":"ListItem"},{"name":"Free Risk Management Software","position":2,"item":"https://www.capterra.com.au/directory/30665/risk-management/software","@type":"ListItem"},{"name":"Page 6","position":3,"item":"https://www.capterra.com.au/directory/30665/risk-management/software?page=6","@type":"ListItem"}]}]}
</script><script type="application/ld+json">
  {"name":"Free Risk Management Software - Capterra Australia 2026","@context":"https://schema.org","@id":"https://www.capterra.com.au/directory/30665/risk-management/pricing/free/software?page=6#itemlist","@type":"ItemList","itemListElement":[{"name":"BowTie Risk","position":1,"description":"BowTie Risk is visual risk analysis software for Mac, iPhone, and iPad, enabling risk assessments using the bowtie diagram methodology. Operating offline with local data storage, it ensures privacy and complies with ISO 31000 standards. The bowtie structure organizes risks into threats, a central event, and consequences, with controls providing a clear visual overview. The software integrates AI workflows compatible with tools like ChatGPT, allowing users to export prompts, analyze threats, and import results, reducing diagram creation time significantly. Its interface supports small screens for fieldwork and larger canvases on Mac for workshops. Features include customizable risk matrices, diagram duplication, and professional reporting. Reports can be exported in CSV format for compliance and presentations. Designed with cognitive science principles like Miller's Law, it structures information into manageable groups, preventing cognitive overload during decision-making.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductLogo/27e26f45-9134-487e-a309-9786d0e1c6f8.jpg","url":"https://www.capterra.com.au/software/1100441/BowTie-Risk","@type":"ListItem"},{"name":"Bold Matrix Vendor Risk Engine","position":2,"description":"Bold Matrix Vendor Risk Engine is a tool for assessing vendor risk, evaluating AI tools, SaaS vendors, consultants, suppliers, and digital service providers before commitments. It uses a deterministic scoring methodology with 22 questions across five risk pillars: data access, operational dependency, financial stability, compliance, and concentration risk. Responses trigger predefined scoring logic, generating a 0-100 risk score. The tool provides executive-ready reports with insights, risk breakdowns, key drivers, and mitigation recommendations. Risk snapshots are available in five to seven minutes, with options for detailed reports. It processes private documents via PDF uploads with AI-assisted extraction, ensuring consistent evaluations across vendors, enabling early comparisons in procurement cycles before contracts or data sharing.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductLogo/987497bd-95f9-4e50-80e0-64161ba41276.png","url":"https://www.capterra.com.au/software/1101390/Bold-Matrix-Vendor-Risk-Engine","@type":"ListItem"},{"name":"PropertyLens","position":3,"description":"PropertyLens is a property research platform that generates detailed home history reports by synthesizing data from over 90 sources into a single document. Delivering assessments in minutes, it covers data points across 40 pages. PropertyLens integrates specialized tools, including PropertyScore for overall condition, SafePlaceScore for neighborhood safety, and RoofLens for roof analysis using aerial imagery. It projects two-year repair costs for systems such as foundation, electrical, and HVAC. Reports include proximity to contaminated sites, climate risk analysis, crime scores, FEMA flood data, and neighborhood livability. Data is sourced from county records, FEMA maps, EPA data, and insurance-grade models.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductLogo/5469d988-368a-4022-af26-714685a87107.jpg","url":"https://www.capterra.com.au/software/1101659/PropertyLens","@type":"ListItem"},{"name":"LexFlag","position":4,"description":"LexFlag is AI-powered risk assessment software that automates screening of vendors, suppliers, customers, and third parties against global risk databases. It delivers actionable risk scores in seconds, replacing manual due diligence with intelligent entity matching. Using fuzzy matching and disambiguation, LexFlag ensures accurate identification even with incomplete data, reducing false positives while maintaining broad risk coverage. The platform screens entities against sanctions lists like OFAC SDN, EU Sanctions, and UN designations, as well as PEP databases, adverse media, and financial indicators. Its scoring engine lets organizations set custom rules and weighting factors to align with specific risk appetites and regulations. Continuous monitoring detects changes in sanctions, media, and regulatory actions, triggering alerts for risk shifts. LexFlag provides audit-ready compliance reports and integrates data from OpenSanctions, court records, and ownership registries.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductLogo/d401eda4-186e-4c38-bcc7-f4966f848d7c.png","url":"https://www.capterra.com.au/software/1101573/LexFlag","@type":"ListItem"},{"name":"TekPulse","position":5,"description":"TekPulse is supply chain risk software analyzing bills of materials across five risk dimensions. It accepts CSV or Excel uploads with part numbers and manufacturer details, generating risk assessments without integrations. The regulatory dimension checks compliance with RoHS, REACH, and SVHC standards, flags conflict minerals, and identifies compliance issues. Market analysis tracks stock levels, end-of-life components, and single-source risks. Geopolitical evaluation assesses country-of-origin exposure, tariffs, and sanctions. Technical analysis scores obsolescence risk, monitors lifecycle stages, and suggests alternatives. Environmental evaluation estimates carbon footprints and traces conflict-mineral sourcing. A composite risk score consolidates findings, with trend tracking and export options in PDF and Excel. Alerts notify users of risk changes. Security includes AES-256-GCM encryption, GDPR compliance, zero-trust architecture, and quarterly audits.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductLogo/4e3ca6e2-c206-4f65-82a6-f45647a24739.png","url":"https://www.capterra.com.au/software/1102139/TekPulse","@type":"ListItem"}],"numberOfItems":5}
</script>