8 Best Risk Management Software Tools, Applications & Platforms in 2023 (Free & Paid)

TLDR: Short on time and want to jump straight to the answer?
As per our research, the best Risk Management Software for most people is Resolver.

Risk management software is used in many industries to help ensure safety and quality of work. The application of such a tool has been shown to reduce accidents and injuries in manufacturing plants, and it is recommended by regulatory authorities around the globe. Industries that employ risk management software include engineering, construction, ship handling/Unloading, transportation, and communications – just to name a few. Risk management software (RMS) is an approach to risk assessment and management. It maintains a centralized database with information regarding financial responsibilities for creditors, assignees, inspectors, and third-party administrators. The goal of RMS is to provide creditors, assignees, and administrators with an efficient and accurate means of managing risk while assisting them with their day-to-day activities.

After researching dozens of Risk Management Software options available in the market today, we have compiled this list of top 8 Risk Management Software to help you find the perfect solution based on your specific needs.

The 8 Best Risk Management Software

Here are our top picks for the best Risk Management Software,

  1. Resolver – Overall Best Risk Management Software
  2. Palisade Software – Simple and Easy to Use Risk Assessment Software for Beginners
  3. LogicManager Assess – Most Popular Risk Management Tool
  4. ServiceNow – Most Versatile Risk Management Application for Flexibility and Customization
  5. Oracle – Best Risk Management App with Fast and Reliable Support
  6. Intaver – Most Affordable Risk Analysis Software
  7. Active Risk Manager – Best Freemium Risk Management Platform
  8. RMS – Top Rated Risk Assessment Software

So, let’s read on further to get a complete idea of our top Risk Management Software picks for this year.

1. Resolver – Overall Best Risk Management Software

Resolver’s enterprise risk management software connects risks to incidents, so that assessments of what could happen are linked to what did happen. Risk management software – erm software – resolver.


2. Palisade Software – Simple and Easy to Use Risk Assessment Software for Beginners

@risk is an add-in to microsoft excel and project that lets you analyze risk using monte carlo simulation. @risk shows you virtually all possible outcomes for any situation—and tells you how likely they are to occur. @risk: Risk analysis using monte carlo simulation in excel and project – palisade.


3. LogicManager Assess – Most Popular Risk Management Tool

Manage tomorrow’s surprises today with logicmanager’s leading (Erm) Enterprise risk management software. Improve performance with integrated grc solutions.


4. ServiceNow – Most Versatile Risk Management Application for Flexibility and Customization

Risk management helps organizations to identify high-impact risks, improve risk-based decision-making, and reduce reaction time from days to minutes. Risk management – grc – servicenow LinkedIn-outline Twitter-outline YouTube-outline facebook-outline instagram-outline.


5. Oracle – Best Risk Management App with Fast and Reliable Support

Discover the risk management solution that allows you to automate advanced security and transaction monitoring to strengthen financial controls, ensure separation of duties (Sod), stop fraud, and streamline audit workflows. Risk management – erp – oracle.


6. Intaver – Most Affordable Risk Analysis Software

Project risk analysis software and project risk management software suite riskyproject by intaver institute. Riskyproject includes monte carlo schedule risk analysis. Riskyproject performs qualitative and quantitative monte carlo schedule and cost risk analysis in microsoft project, oracle primavera, or stand alone. Project risk analysis software and project risk management software riskyproject.


7. Active Risk Manager – Best Freemium Risk Management Platform

Active risk manager (Arm) Is the world’s leading enterprise risk management (Erm) & project risk management software package. Active risk manager – sword grc.


8. RMS – Top Rated Risk Management Platform

Industry leading risk management company for catastrophe risk models, software, SAAS, apis, and services. SAAS technology risk management solutions used by insurers, reinsurers, financial organizations and more. Risk management models, analytics, software & services – rms group 12 quantifying-impact quantifying-impact.


Final Thoughts – Best Risk Management Software

The right Risk Management Software for you, depends on your specific needs, of course. Most of our top Risk Management Software picks include a free trial, so don’t be shy about trying a few different brands until you find a perfect fit.

In review, here are our top 8 picks for the best Risk Management Software.

NameUse CaseWebsite Link
1. ResolverOverall Best Risk Management SoftwareTry Now
2. Palisade SoftwareSimple and Easy to Use Risk Assessment Software for BeginnersTry Now
3. LogicManager AssessMost Popular Risk Management ToolTry Now
4. ServiceNowMost Versatile Risk Management Application for Flexibility and CustomizationTry Now
5. OracleBest Risk Management App with Fast and Reliable SupportTry Now
6. IntaverMost Affordable Risk Analysis SoftwareTry Now
7. Active Risk ManagerBest Freemium Risk Management PlatformTry Now
8. RMSTop Rated Risk Assessment SoftwareTry Now
List of Top 8 Risk Management Software

We hope that you found this guide helpful in choosing the best Risk Management Software for your specific needs. Feel free to share the article with your friends and help spread the knowledge.

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