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Risk Management Software

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Compare the Top Risk Management Software of 2020

Lô đề sốCompare the best Risk Management software currently available using the table below.

  • 1

    Indusface

    Lô đề số AppTrana is a fully managed 24x7 application security solution that identifies application-layer vulnerabilities; protects & accelerates them instantly through a WAF and CDN; monitors traffic through proprietary machine learning algorithms and with its in-house security experts blocking emerging threats and DDoS attacks. We are trusted by over 1700+ global customers. We currently serve the Government, Banking, Finance, E-Commerce and SaaS based sectors.

    Starting Price: $99/month
    View Software
  • 2

    Parapet

    Using a unified approach, Parapet helps you manage your enterprise's risks, compliance, audit, health and safety in one place. Parapet enables you to develop a culture that is risk-aware and prepare for the worst-case scenarios. Parapet also helps the enterprise adopt technologies that improve decision making and performance.

    Starting Price: $3.00/month
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  • 3

    RiskWatch

    RiskWatch risk assessment and compliance management solutions use a survey-based process for physical & information security in which a series of questions are asked about an asset and a score is calculated based on responses. Additional metrics can be combined with the survey score to value the asset, rate likelihood, and impact. Assign tasks and manage remediation based on survey results. Identify the risk factors of each asset you assess. Receive notifications for non-compliance to your custom requirements and any relevant standards/regulations.

    Starting Price: $90/month/user Partner badge
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  • 4
    SiteDocs Icon

    SiteDocs

    SiteDocs

    Your Safety & Compliance Made Easy! A business that operates in industries involving Construction, Oil & Gas, Mining, Manufacturing, Mechanical, Electrical, Plumbing, Heating, and Excavating know first hand the importance of staying in compliance with mandatory documentation. In addition, how a company manages to keep everything organized is equally important. SiteDocs is a highly interactive advance Safety Management System that takes organizations from pen-and-paper archiving to a complete, cloud-based, digital workspace. Built with features that allow users to work remotely, mobile, and even offline, the system can virtually be accessed across multiple devices that run on iOS or Android. Employees can now easily complete & sign forms, upload photos with comments and acknowledge receipt of important documentation. All while admin users ensure that staff records, reports, and certifications are automatically updated using system parameters within the web-based panel.

  • 5
    Integrum QHSE Risk & Compliance Software Icon

    Integrum QHSE Risk & Compliance Software

    integrum Management Systems

    Lô đề số integrum is a user-friendly, flexible, yet comprehensive, integrated management system for Governance, Risk & Compliance, Safety, Health, Environment, Quality Management System. Assisting over 1.5 million users from businesses of all sizes across the globe to streamline processes, reduce risks and accelerate business growth. integrum offers off the shelf business processes, that can be used as-is, modified or processes can be configured to your specific requirements. Drag and Drop functionality allows for quick and simple configuration of any business process. Supported by mobile apps (Apple and Android) that allow the flexibility for any business process to be completed in the field in real-time. Then, we use all of the data your team is generating and provide real-time business intelligence reports that provide insights into what is happening in the business. Allowing the business to make fast, data-driven decisions, and providing governance over the business.

  • 6
    Donesafe Icon

    Donesafe

    Donesafe

    Lô đề số Donesafe, #1 all-in-one HSEQ platform that connects your management system from workers in the field to the management team in the boardroom. Donesafe makes it fast and easy to access, enter, and report HSEQ data in real-time. Donesafe is a modern & fresh platform with end to end functionality. It works online with any device, including offline with native iOS and Android apps. Use our out-of-the-box templates or configure to align with your business requirements.

    Starting Price: from $600 annually Partner badge
  • 7
    Certainty Software Icon

    Certainty Software

    Certainty Software

    Certainty is a powerful and trusted enterprise-level audit and inspection software solution to manage and report business risk, compliance and performance metrics easily and efficiently. Used by more than 100,000 professionals to complete over 2,000,000 audits and inspections annually, Certainty Software is an audit and inspection management solution that provides all you need to easily collect, collate and report consistent, accurate and meaningful metrics across your business. Certainty allows for data entry from paper, browser, Excel import or the Certainty app for smartphones and tablets and provides all you need to design and manage audit/inspection checklists; collect and report audit/inspection data and manage and mitigate the risks, incidents and issues identified in the audit/inspection process.

    Starting Price: $14 per user per month Partner badge
  • 8
    Netwrix Auditor Icon

    Netwrix Auditor

    Netwrix

    Netwrix Auditor is a visibility platform that enables control over changes, configurations and access in hybrid IT environments and eliminates the stress of your next compliance audit. Monitor all changes across your on-prem and cloud systems, including AD, Windows Server, file storage, databases, Exchange, VMware and more. Simplify your reporting and inventory routines. Regularly review your identity and access configurations, and easily verify that they match a known good state.

  • 9
    Virima Icon

    Virima

    Virima Technologies, Inc.

    VIRIMA is a SaaS platform delivering highly automated IT Asset Management (ITAM), IT Service Management (ITSM) and IT Operations Management (ITOM) solutions that are easy and inexpensive to deploy. Through advanced infrastructure discovery and visualization capabilities, VIRIMA links the business processes to the technology and services business rely upon. The innovative automation capabilities of the VIRIMA CMDB deliver insight, control and value to IT organizations large and small, enabling them to efficiently tackle the challenges of managing and securing today’s dynamic, dispersed and complex IT estate.

    Starting Price: $15,000.00/year
  • 10
    WipeDrive Icon

    WipeDrive

    WhiteCanyon Software

    Lô đề số WipeDrive allows home users, corporations and government entities to securely and permanently erase data from hard drives, removable media, and mobile devices, providing a cost-effective, secure, and socially responsible way of recycling and retiring computer storage. WipeDrive is the world leader in secure data destruction.

    Starting Price: $19.95/one-time/drive
  • 11
    The Lean Machine Icon

    The Lean Machine

    Lean & Mean Business Systems

    Lô đề số Harness the power of a robust and powerful quality management software (QMS) system with The Lean Machine. Validated and 21 CFR Part 11 compliant, The Lean Machine is a cutting-edge all-in-one quality and material management system packed with key features, such as remote desktop support, animated training tutorials, customized integrations, including QuickBooks or ERP integration. Core modules include document management, quality management, organizational management, risk management, inventory management, compliance management, and more.

  • 12
    StaffCop Icon

    StaffCop

    Lô đề sốAtom Security

    StaffCop provides a unique, fully integrated solution that focuses on detection and response to insider threats through a combination of advanced behavioral analysis and context-rich logging of insider activity. Collect Collect all activity events at the end points for subsequent analysis, notifications and decision making. Analyze Automatic and statistical analysis of data to detect anomalies of user behavior, identify incidents, insiders and disloyal employees. Alert Automatic alerts about violations of security policies, dangerous and unproductive activities of employees. Report Pre-configured & self-made reports width periodic e-mail sending. You can easily create reports with a powerful constructor. Block Blocking access to "negative" sites, running applications and removable USB-storages to reduces the risk of malware infection and increase employee productivity. Review Search for all data for keywords and regular expressions, easy correlation & drilldown

    Starting Price: $69.00/one-time/user
  • 13
    ProjeQtOr Icon

    ProjeQtOr

    ProjeQtOr

    ProjeQtOr is an open source project management software grouping in a single tool all the features needed to organize your projects. It is simple, easy to use while covering a maximum of project management features. Its particularity, in addition to its completeness, is to be quality oriented. This means that you can record all the events on your projects, and thereby simplify compliance with leading standards of quality management, whether ISO, CMMI, ITIL or other.

    Starting Price: 0
  • 14
    Direct Claim Solution Icon

    Direct Claim Solution

    Lô đề sốInnovative Computer Systems

    Claims and Litigation management software for Captive or Risk Retention Group property and casualty claims. Direct Claim Solution is a complete system with claims, policy and vendor management for Self-Insured, Captive or Risk Pool programs. Offers industry specific tools for investigating and analyzing law as well as coverage. Modules for litigation management, subrogation and loss recovery as well as document management included. Merge feature makes for easy letter or email creation. For management, the robust report screen allows multi-conditional querying of claims by exposure type, state of loss, date ranges and policy issuance periods. Vendor isolation feature allows external service providers to access and populate fields in the system as needed to expedite reporting and collaborative analysis. See our website at www.directclaimsolution.com

    Starting Price: Monthly License fees starting at $1,700
  • 15
    StandardFusion Icon

    StandardFusion

    Lô đề sốStandardFusion

    Lô đề số A GRC solution for technology-focused SMB and Enterprise Information Security teams. StandardFusion eliminates spreadsheet pain by using a single system of record. Identify, assess, treat, track and report on risks with confidence. Turn audit-based activities into a standardized process. Conduct audits with certainty and direct access to evidence. Manage compliance to multiple standards; ISO, SOC, NIST, HIPAA, GDPR, PCI-DSS, FedRAMP and more. Manage vendor and 3rd party risk, and security questionnaires easily in one place. StandardFusion is a Cloud-Based SaaS or on-premise GRC platform designed to make InfoSec compliance simple, approachable and scalable. Connect what your organization does, with what your organization needs to do.

    Starting Price: $750 per month
  • 16
    iGrafx Icon

    iGrafx

    iGrafx

    We believe that process is at the center of everything. We deliver business transformation software that turns your processes into a portfolio of valuable assets. Our platform is the most comprehensive, supporting RPA and workflow automation, customer journey, governance, risk, compliance, and more, as well as SaaS and private cloud deployment. It’s also the most scalable, currently supporting the largest, global enterprise requirements. We possess 400+ years of process passion, and we share it.

  • 17
    MasterControl Icon

    MasterControl

    Lô đề sốMasterControl

    Lô đề số MasterControl provides a complete line of quality and compliance software solutions and services to customers worldwide. Combining industry best practices and flexibility, MasterControl products enable companies to ensure compliance and get to market faster. MasterControl's enterprise quality management software system covers audit and observations, batch records, Bill of Materials (BOM), documents and records, food safety, training and competencies, and more.

    Starting Price: $1000.00/month
  • 18
    JSEAsy Icon

    JSEAsy

    JSEAsy

    JSEAsy provides Workplace safety solutions. The JSEAsy Premium software is a total Workplace Health and Safety (WHS) management solution. Safety software at its best! All your safety requirements in one location. The software is fully adaptive to suit and comply with your region! •Australia •Canada •New Zealand •United Kingdom •United States of America Workplace health and Safety (WHS) Occupational Health and Safety (OHS) Occupational Safety and Health (OSH), Health and Safety at work (HSW) TotalTrack Pty Ltd is focused on continuous improvement. Perpetual development and support form the basis of our company. While no-one plans to get hurt at work, you can plan to not get hurt. The JSEAsy software is available with single, multiuser, or Premium licences.

    Starting Price: $160.00/year/user
  • 19
    GRC Envelop Icon

    GRC Envelop

    Lô đề sốArambankudyil Consultancy

    Lô đề số Arambankudyil Consultancy is a India software company that was founded in 2008, and offers a software title called GRC Envelop. GRC Envelop offers training via documentation, live online, webinars, and in person sessions. GRC Envelop offers a free version, and free trial. GRC Envelop is compliance software, and includes features such as compliance management, dashboard, Multi-Year planning, risk assessment, and workflow management. With regards to system requirements, GRC Envelop is available as Windows, Mac, Linux, and SaaS software. Costs start at US$ 20 / user / year. GRC Envelop includes business hours support, and online support. Some alternative products to GRC Envelop include HSI, Onspring, and ProcessGene GRC Software Suite.

    Starting Price: US$ 20 / user / year
  • 20
    ZYGHT HSEQ technology Icon

    ZYGHT HSEQ technology

    ZYGHT

    Lô đề số ZYGHT is a software company and offers a software product called ZYGHT HSEQ technology. ZYGHT HSEQ technology is risk management software. Some alternative products to ZYGHT HSEQ technology include Resolver, Accountable, and JCAD CORE.

  • 21
    Polarion REQUIREMENTS Icon

    Polarion REQUIREMENTS

    Lô đề sốSiemens PLM Software

    Lô đề số Siemens PLM Software is a software company and offers a software product called Polarion REQUIREMENTS. Polarion REQUIREMENTS is compliance software. Some alternative products to Polarion REQUIREMENTS include IRIS Business Architect, SILKROAD ALM, and Innoslate.

  • 22
    HedgeGuard Icon

    HedgeGuard

    HedgeGuard

    Lô đề số HedgeGuard is a fintech that works closely with the buy side community (Hedge Funds,Crypto Funds, Asset Managers, and Family Offices) on helping them achieve optimal portfolio management and operational efficiency. Our product offering includes a cloud-based Portfolio Management System and outsourced Middle Office service. These solutions have been built by ex-buy side professionals who perfectly know the challenges faced by portfolio managers. Hedgeguard's PMS software provides key features such as position keeping, order management, risk management, compliance, and reporting module.

    Starting Price: €1400.00/month for our Essential formula
  • 23
    A1 Tracker Icon

    A1 Tracker

    A1 Enterprise

    Lô đề số A1 Tracker is presented by the vendor as a robust & configurable risk management software offering either stand-alone or fully-integrated risk management software covering many business segments across an organization. Risk Management & Threat Assessment: Risk register for tracking risks at any level in an organization, including by entity, project, asset, contract, vendor, division, business, unit, region, and more. Real-time risk reports & heat maps, dashboard metrics, alerts, & notifications. Contract Management: Contract module for tracking contracts of any type with vendors, employees, customers, and any other parties. Claims & Incident Management Claims & incident reporting for claims of any type: injuries, medical, commercial, customer, insurance, work comp, asset, auto, liability. Insurance Policies & Certificates: Policies & certificates of insurance tracking with reminders & renewals. For agencies & carriers policy management includes tracking clients.

    Starting Price: $2,000
  • 24
    ZenGRC Icon

    ZenGRC

    Lô đề sốRECIPROCITY

    Lô đề số ZenGRC by Reciprocity is an enterprise-grade security solution for compliance and risk management. Trusted by the world's leading companies, including Walmart, GitHub, airbnb, and Genesys, ZenGRC offers businesses efficient control tracking, testing, and enforcement. It comes with system-of-record for compliance, risk assessment, centralized dashboards, streamlined workflow, and unified control management.

    Starting Price: $2500.00/month
  • 25
    Sinnaps Icon

    Sinnaps

    Sinnaps

    Sinnaps is the first intelligent project manager; easy to use, it can simplify complex projects and plan your team work automatically based on your needs. Its exclusive technology employs a powerful rendering engine based on PERT (Project Evaluation and Review Techniques) and CPM (Critical Path Method) algorithms which help optimise project management and provide guidance for the decision-making process. Featured Sinnaps services: interactive planning; risk prediction and management; resource optimisation; and expectation management.

    Starting Price: $9
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An Introduction to ERM Software

Enterprise risk management (ERM) software helps businesses follow regulations and protects against losing time and money. This critical tool is used in many industries or types of businesses: from healthcare and finance to insurance and retail, among others. For example, financial analysts use the software to look at cost effectiveness and waste of projects and legal specialists may use ERM tools to check compliance. ERM software not only protects against hackers’ attacks like DNS and DDos attacks on information but also identifies risks that could stifle or close down a project.

Risk is a part of any business. Owners or managers need to think through all of the potential issues that could arise plus their potential impact on the budget, project and business as a whole. Once identified, risks are put into two main categories: acceptable or unacceptable. After all, some businesses can manage the risks whereas others cannot. Teams make plans or projects with potential issues or roadblocks in mind. This lower the potential impact of any issue and helps team work efficiently on the project.

Lô đề sốThe following guide gives an overview of how to best use the different types of software available today and how it can support businesses and increase potential growth goals. This is also a chance to consider your type of business and which software model is best for you.

The Different Features of ERM Software

One of the main reasons for ERM popularity and usage is linked to software breaches. New state and federal regulations were implemented to dissuade hackers from stealing information. From 2015 to 2016, security breaches increased more than 40 percent. This not only affects businesses’ information and customers’ privacy but also damaged one’s reputation. Everything from home addresses to credit card information is stored in cloud software systems. Having the right ERM software helps businesses take back their security. This is a chance to look at potential weaknesses and close them up before an issue happens.

ERM speaks to all types of businesses because information is a universal commodity. Common ERM features include:

  • Threat or Risk Analysis
  • Financial Reporting and Audit Support
  • Compliance Management
  • Forecasting
  • Incident Report Management
  • Third-Party or Vendor Risk Assessment
  • IT Regulation
  • Policy Management
  • Alerts & Notifications

When choosing the right software for your business, consider how it integrates with existing systems and records. After all, you want to easily upload your records to this software. Time is money and the best tools are those that work with your organization. A lot of risk management software vendors have a host of integration services to make it easy for a business to update their technology. When comparing vendors, consider if they have the following options:

  • On-site support or databases
  • Cloud databases
  • CRM, document management, and fleet management software
  • Accounting and Legal support tools
  • Supply chain management
  • Document management tools

Understanding Usage

Different positions and industries require different needs from their software. Understanding your intentions means you can choose the right tools for you. For example, some folks just need their documents digitized, organized and protected whereas others need to make sure their government contracts are in order. The following information should help you better understand how you might use ERM software.

A lot of businesses use ERM software to assess internal systems and the flow of information. For example, one could use the tools to see how much a project will cost and to identify the risks. This s also a chance for managers to see how much is on an individual employee’s plate and how information is accessed and used. ERM software is a great way to manage the internal side of the business to make sure time and resources are not exploited or wasted.

It is important for businesses to follow the state and federal regulations in place to protect businesses and customers. Software is a great way to make sure all contracts and agreements are in order. This protects a business’s intellectual property and makes sure that everything is in order with third-party groups.

Human resources and finance departments use ERM software to control business resources. This is an easy way to see if a project is under- or over-staffed, to see how projects could be more efficiently managed, and to organize key documents. All of this improves both employee satisfaction and customer satisfaction.

Lô đề sốERM software allows financial groups to understand external and internal risks and to better manage the flow of money both in and out of the organization. This is also a great tool to detect potential fraud and to better protect key information. After all, managers and owners can limit access to key information and set up policies and procedures that protect the organization. Lastly, by staying on top of regulations, one avoids having to go through an extensive audit and potential fines.

How to Compare ERM Software

Lô đề sốThe sky is the limit when it comes to ERM software options. For example, a business can purchase stand-alone products or invest in a large ERP suite. The first thing a business should consider is their budget and the second thing to consider is how the software will be used and by whom in the organization. Businesses that operate in information or finances may not need a full supply chain or warehouse management system, but a business with products being shipped will need this capability. Businesses should also consider how they might grow in the next couple of years. When considering the best ERM software, consider identification, assignment, prioritization and response planning and implementation.

Identification means considering the risks that affect a company both internally and externally. If you already know your weaknesses, this will help you zero in on the desired features of your ERM software. Additionally, consider what you are lacking. If you still have file folders of documents, then you may need document management. If your businesses is just beginning to up its technology game, then you may need integration services.

Assignment are the features that determine the outcome of risks. For example, what could happen if you waste time or do not follow through on regulations? Consider how software will work when used with other business applications like CRM software. Once you identify risks, you have to prioritize them. You cannot tackle every weakness at the same level. ERM software allows you to look at risks on a dashboard and really consider them. An owner or manager can then make a timeline of actions.

Response planning is important for any organization. You should know what you will do in the event of an emergency or issue. The best businesses have rich staff manuals and policies and procedures in place to ensure everyone is on the same page. Understanding the proper steps everyone should go through makes it easier to deal with an audit. Response implementation refers to the software features that help organizations implement risk management plans. There are tools for people who need support with contracts, regulations or accounting. Additionally, there are project management tools too.