Top Risk Management Software

What to look for in risk management software

The best risk management software for you depends on how your business works, not only on where a product sits in the list. Before you shortlist the top-ranked options, check for:

• A risk register with likelihood, impact and owners, rather than a spreadsheet import
• Controls, mitigations and actions linked to each risk, with due dates and reminders
• Heat maps and reports your board and auditors can read
• The frameworks it supports out of the box, such as ISO 31000, COSO or ISO 27001
• Incident and near-miss capture that feeds back into risk scores
• Permissions and an audit trail of who changed what

How to use this ranking

Start with the top 10, then narrow down with Best risk management software by category further down the page, which ranks the same feature inside each kind of software. Read the reviews on each profile, and ask vendors to show you the points above with your own data before you decide.