560 results
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Emex enables you to proactively identify, assess, control and monitor safety, sustainability and environmental risks. Our platform ensures that risk assessments are carried out on a... Learn more about Emex EHS & ESG Software

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Active Risk Manager, world-leading Project Risk and Enterprise Risk Management software, powering risk management for medium and large organizations in core industries of Aerospace &... Learn more about Active Risk Manager

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
AppTrana is a fully managed Web application firewall, that includes Web application scanning for getting visibility of application-layer vulnerabilities; instant and managed Risk-based... Learn more about AppTrana

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
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Enablons Risk Management software enables organizations to ensure the identification, documentation and assessment of risks, perform control management and issue identification,and... Learn more about Enablon Risk Management

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Corporater Risk is a software solution for organizations to assess risks and monitor the effectiveness of risk reduction activities. With a multitude of Risk Register Libraries, and... Learn more about Corporater Business Management Platform

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Wrike is a risk management platform used by more than two million people across 140 countries. Try Wrike's powerful software to manage your finances, reduce project risk, and increase... Learn more about Wrike

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
GOAT Risk. The pain free way to manage risk - so you can get on with managing your business. GOAT is a simple, low cost risk management software solution packed with all the tools you... Learn more about GOAT Risk

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
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TeamMate Audit is a comprehensive audit management system that helps auditors and audit department leadership manage all aspects of the audit process. TeamMate helps organizations... Learn more about TeamMate+ Audit

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Award Winning, purpose-built enterprise risk management software featuring unique risk bow tie functionality, risk appetite frameworks and thresholds, strategy centric risk, board... Learn more about Essential ERM

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Automatically flag fraud users or merchants with high risk scores with SEON's fraud prevention platform. Leverage real-time data enrichment, device fingerprinting, digital footprint... Learn more about SEON. Fraud Fighters

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Auditrunner is designed to provide a secure, user-friendly, comprehensive low-code software platform that encompasses all facets of Risk Management. It allows for company-wide... Learn more about Auditrunner

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Smart Software offers Smart IP&O, an integrated set of native web applications for demand planning, inventory optimization, risk management, and supply chain analytics. It provides a... Learn more about Smart IP&O

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
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Malwarebytes Endpoint Protection provides complete malware protection and remediation with precise threat detection, proactive threat blocking, and thorough remediation, driven from... Learn more about Malwarebytes Endpoint Protection

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
With today's regulatory compliance requirements, the iGrafx Business Transformation Platform provides the foundation for organizations seeking a holistic approach to quality risk... Learn more about iGrafx

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
IT teams implement Nlyte to automate, manage, and de-risk critical infrastructure. From the data center, colo, edge, and cloud, Nlyte discovers, manages, and reports on physical and... Learn more about Nlyte DCIM

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Collaborative Intelligence platform that gives every level of the organization a voice in safety and risk management. It enhances communication and redefines hazard and risk... Learn more about Sofvie

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Increase revenues and reduce fraud, affordably. Fraud.net is the leading fraud prevention and fraud detection platform for enterprises in the financial services and digital commerce... Learn more about Fraud.net

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
LogicManager is an unparalleled risk management platform that is consistently placed highest in ability to execute on Gartner's Magic Quadrant reports and recognized as an industry... Learn more about LogicManager

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Log360, an integrated solution that combines ADAudit Plus and EventLog Analyzer into a single console, is the one-stop solution for all log management & network security challenges. It... Learn more about ManageEngine Log360

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
The system is fully focused on automating the back-office of KYC and due diligence processes. It starts off from the aspect that it allows the client to fill in directly and upload all... Learn more about KYC Portal

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Smart mobile app and complete solution for auditing & inspections. Plan and schedule inspections, conduct fast mobile audits on your favorite device (even offline), immediately assign... Learn more about GoAudits

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
ZEBSOFT provides a modern QMS environment, old established methods have become redundant in this fast-paced world. Simple to use cloud-based software that lets you Monitor, Evaluate &... Learn more about ZEBSOFT

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Ondato designs and implements a comprehensive suite of information security controls and other forms of risk management to address security risks. A must-have for any business... Learn more about Ondato

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
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CommodityPro is an enterprise risk management platform developed by TechnoGen an IT & software service provider company based in India. The CTRM platform mainly focuses on analysing a... Learn more about CommodityPro

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Identify, store and share Risk data in a consistent and methodological manner across the organisation. Automate the process of capturing inherent, residual and target risk... Learn more about Optial SmartStart

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
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3E Protect from Verisk 3E provides immediate access to your chemical inventory and associated Safety Data Sheets (SDSs), 24-7-365. Rather than searching through multiple binders,... Learn more about 3E Protect

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
ShieldRisk is an Artificial Intelligent powered platform for third-party vendor risk assessment with speed and accuracy. The platform is a single, unified platform, executing vendor... Learn more about ShieldRisk

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
iAuditor is a simpler way to get the information you need to drive safety, quality, and efficiency ¿ all in one place.
iAuditor is used to conduct over 2 million inspections per month across all industries for safety, quality control, and operations. It is used by over 25,000 businesses worldwide to complete more than 600M checks per year to improve safety and quality in their workplaces. All of the inspection data is captured in real-time allowing you to instantly identify missed inspections and failed items and rapidly mitigate risks.
iAuditor is used to conduct over 2 million inspections per month across all industries for safety, quality control, and operations. It is used by over 25,000 businesses worldwide to complete more...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Continuously assess and proactively mitigate data security risks.
Netwrix Auditor is a visibility platform for user behavior analysis and risk mitigation that enables control over changes, configurations and access in hybrid IT environments to protect data regardless of its location. The platform provides security intelligence to identify security holes, detect anomalies in user behavior and investigate threat patterns in time to prevent real damage. This intelligence is delivered across the most critical on-premises and cloud IT systems in a unified way.
Netwrix Auditor is a visibility platform for user behavior analysis and risk mitigation that enables control over changes, configurations and access in hybrid IT environments to protect data...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Nintex Promapp provides an intuitive online, process mapping tool, that supports the development of more efficient ways to work.
Organizations that are looking to minimize their risk to maximize their reward, use Nintex Promapp® to establish total visibility and control over processes. With the risk and compliance add-on that supports ISO compliance, regular and required audits are no longer a point of stress for teams. Nintex Promapp provides an intuitive online, process mapping tool, that supports the development of smarter and more efficient ways to work.
Organizations that are looking to minimize their risk to maximize their reward, use Nintex Promapp® to establish total visibility and control over processes. With the risk and compliance add-on that...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Trusted by 92 of the fortune 100, Splunk helps you investigate, monitor, analyze, and act on all of your organizations data.
Trusted by 92 of the fortune 100, Splunk is a customizable data analytics platform that empowers you to investigate, monitor, analyze and act. From IT to security to business operations, Splunk is the data-to-everything platform that enables you to take action in real-time. With Splunk, you can predict and prevent IT problems, streamline your entire security stack, minimize unplanned downtime, and explore and visualize business processes for increased transparency all in one platform.
Trusted by 92 of the fortune 100, Splunk is a customizable data analytics platform that empowers you to investigate, monitor, analyze and act. From IT to security to business operations, Splunk is...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Assists project managers in developing plans, allocating resources, tracking progress, managing budgets and analyzing workload.
RationalPlan is a powerful project management software designed to help both teams and project managers to create consistent project plans, allocate resources and analyze workload, track work progress, estimate project costs and manage budgets.
RationalPlan is a powerful project management software designed to help both teams and project managers to create consistent project plans, allocate resources and analyze workload, track work...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Develops forward-thinking GRC software solutions, designed to serve multi-subsidiary organizations.
ProcessGene develops forward-thinking GRC software solutions, designed to serve multi-subsidiary organizations. The company has been acknowledged as a market leader and innovator by the most important analyst firms. Businesses and governments worldwide use ProcessGene solutions to manage and control risks, assure compliance to policies and regulations, manage corporate governance programs, and perform internal audits.
ProcessGene develops forward-thinking GRC software solutions, designed to serve multi-subsidiary organizations. The company has been acknowledged as a market leader and innovator by the most...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Healthcare and safety management platform that assists clinicians with claims processing, risk mitigation, feedback collection & more.
Healthcare and safety management platform that assists clinicians with claims processing, risk mitigation, feedback collection & more.
Healthcare and safety management platform that assists clinicians with claims processing, risk mitigation, feedback collection & more.

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Quality Management Software; includes electronic document control, training control, corrective action, audit, supplier mgmt, and more.
MasterControl Risk gives a comprehensive overview of risk management in an entire organization, including different product lines, business processes, and business units. This visibility also provides uniformity, ensuring a standard risk analysis process is used by all employees. The solution gives companies automatic tracking and the capability for robust analysis of recurring issues to detect underlying problems, which can then be addressed to avoid recalls or regulatory action.
MasterControl Risk gives a comprehensive overview of risk management in an entire organization, including different product lines, business processes, and business units. This visibility also...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Public safety, incident reporting, & security management solutions for law enforcement, education, healthcare, gaming, and hospitality.
Omnigo Software is the leading provider of public safety, incident reporting, and security management solutions for law enforcement, education, healthcare, gaming, hospitality, and other enterprises, offering easy-to-use applications that provide actionable insight for making more informed decisions. Over 2,000 customers trust Omnigo solutions to help law enforcement and security professionals secure their organizations property, protect against revenue loss, and ensure safer tomorrows.
Omnigo Software is the leading provider of public safety, incident reporting, and security management solutions for law enforcement, education, healthcare, gaming, hospitality, and other enterprises,...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Purpose-Built Enterprise EHS Software Solutions Designed, Deployed, and Supported by Certified EHSQ Professionals.
Cority Risk Assessment & JHA software is an important component of our Environmental, Safety and Industrial Hygiene software suites. Our team of EHS professionals have collaborated with experts from client companies to deliver market-leading risk assessment software. This robust solution will enable you to plan and build an effective risk assessment program and perform ongoing analysis to continuously evaluate and mitigate risk.
Cority Risk Assessment & JHA software is an important component of our Environmental, Safety and Industrial Hygiene software suites. Our team of EHS professionals have collaborated with experts from...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
TRUCE MDM allows you to easily provision and manage the mobile phones and tablets your team is using. Zero Costs, Zero Fees, Always.
TRUCE MDM is a Mobile Device Management platform for a Field-Based Workforce. Easily provision and manage the mobile phones and tablets your team is using. Its managed mobility for work, however and wherever work is getting done. Manage any iOS or Android mobile phone or tablet. Easy, guided implementation for company-owned, BYOD or personal devices. There are no minimums or limits on devices and No set up fees or monthly charges. Download TRUCE MDM for Free, Today!
TRUCE MDM is a Mobile Device Management platform for a Field-Based Workforce. Easily provision and manage the mobile phones and tablets your team is using. Its managed mobility for work, however and...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Integrated QHSE management system software, Cloud-based, helping SMB's manage compliance activities in a single, easy to use solution.
Mango helps control and maintain all aspects of your quality, health, safety (QHSE) management system(s); including: policies, procedures & forms (with single-source document control); accidents & incidents; Audits/Inspections; Improvements (NCR's, CAPA's, etc.); hazard & risk management; and people management (competencies & training). In addition, Mango helps our customers manage their Plant & Equipment (including scheduled maintenance and requests), Food Safety, & compliance calendar.
Mango helps control and maintain all aspects of your quality, health, safety (QHSE) management system(s); including: policies, procedures & forms (with single-source document control); accidents &...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Kount's Identity Trust Global Network delivers fraud prevention and personalized customer experiences for over 9,000 leading brands.
Powered by its Identity Trust Global Network , Kount, An Equifax Company, links billions of trust and fraud signals to protect every interaction from account creation and login to payments and disputes. Businesses use Kount to increase approval rates, reduce chargebacks, stop bot attacks, prevent account takeover, and manage disputes all within a single platform. With Kount, businesses get both hands-free automation and flexible controls for more accurate decisions.
Powered by its Identity Trust Global Network , Kount, An Equifax Company, links billions of trust and fraud signals to protect every interaction from account creation and login to payments and...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
#1 Risk Management platform to solve ALL your requirements. Simple for workers to use, simple for managers to customize. Try now.
#1 Risk Management Software solution that connects your management system from your visitors to your internal management team. Donesafe makes it fast and easy to access, enter and report visitor 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 specific requirements. Try now.
#1 Risk Management Software solution that connects your management system from your visitors to your internal management team. Donesafe makes it fast and easy to access, enter and report visitor data...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Signifyd's Commerce Protection Platform allows retailers to maximize conversion, automate customer experience & eliminate fraud + abuse
As the worlds largest provider of Guaranteed Fraud Protection, Signifyd delivers a 100% financial guarantee against fraud and chargebacks on every order approved. This shifts the liability, allowing merchants to increase sales and focus on their core business without worrying about fraud and abuse. With Signifyd, you can accept more orders, improve customer satisfaction, and scale your business globally. Learn more at www.Signifyd.com
As the worlds largest provider of Guaranteed Fraud Protection, Signifyd delivers a 100% financial guarantee against fraud and chargebacks on every order approved. This shifts the liability, allowing...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Q-Pulse offers a risk-based approach to Quality & Document Management, which help compliance with standards and regulations.
Q-Pulse offer a risk-based approach to Quality & Document Management, which can help organisations comply with industry specific standards and regulations. Our user friendly software provides a central focal point for all relevant documentation, data, materials and activities associated with the quality process. Modules include: Document Control, Risk Management, CAPA Management, Audit and Findings, Reporting, Staff Competency and Development & Vendor Management.
Q-Pulse offer a risk-based approach to Quality & Document Management, which can help organisations comply with industry specific standards and regulations. Our user friendly software provides a...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
New generation risk management software designed to meet complex risk reporting, metrics, & notifications to streamline management.
Powerful & user friendly risk management software with dashboard metrics & charts, web portal, threat assessments, risk audits, risk log history, workflow approvals, notifications, alerts, threat response, risk ratings, and documents. Reporting integration with financial software. Offers supporting modules to track events, incidents, contracts, insurance, claims, projects, and assets. Works across all industries and offered fully hosted or self hosted with professional support & training.
Powerful & user friendly risk management software with dashboard metrics & charts, web portal, threat assessments, risk audits, risk log history, workflow approvals, notifications, alerts, threat...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Risk management solution that helps users manage risk, documentation, compliance, workflows, reporting, and testing and training.
Qualtrax is a complete quality and compliance software system used to manage risk, control documentation, automate business processes, manage customizable risk management workflows, streamline training, manage internal and external audits and ensure implementation of critical industry regulations in real-time. Ideal for heavily-regulated industries, where compliance with standards including ISO 17025, 17020, 13485, and 9001, TNI, GFSI, FDA, and FQS are required.
Qualtrax is a complete quality and compliance software system used to manage risk, control documentation, automate business processes, manage customizable risk management workflows, streamline...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Regroup is the mass notification solution that helps mitigate risk, identify threats and keep your whole company informed at all times.
Keep your company’s projects and processes running smoothly with Regroup Mass Notification. Our robust cloud-based platform sends critical and day-to-day messages to your entire team via mobile, email, text/SMS and even landlines. Use Regroup for two-way messaging to address threats quickly, or send planned messaging to keep the team informed. Regroup helps mitigate risks, ensure compliance and reduce costs with an award-winning and reliable messaging platform.
Keep your company’s projects and processes running smoothly with Regroup Mass Notification. Our robust cloud-based platform sends critical and day-to-day messages to your entire team via mobile,...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
The cloud-based IntegrityNext platform enables companies to monitor 100% of their suppliers for sustainability.
IntegrityNext enables organizations to monitor 100% of their suppliers for sustainability & compliance in order to meet the regulatory requirements. The IntegrityNext platform automatically obtains the required supplier self-assessments and certificates while monitoring social media for malpractice and reputational risks. Among others, IntegrityNext covers Anti-Bribery & Anti-Corruption, Environmental Protection, Human Rights & Labor, Health & Safety, Cyber Security and Business Continuity.
IntegrityNext enables organizations to monitor 100% of their suppliers for sustainability & compliance in order to meet the regulatory requirements. The IntegrityNext platform automatically obtains...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
Software for managing Contractors that checks qualifications, tracks mandatory documents and shows compliance levels in real time.
Reduce the time you spend managing third-party Contractors by 70%, overnight. Our software streamlines your existing process of collecting, managing and re-qualifying mandatory Contractor requirements (such as insurance certificates). Upcoming audit? Improve and monitor your compliance levels in real time and ensure everyone who works on-site has the required documentation to do their job. Contractor Compliance can be set up in minutes and will save your company hours every week.
Reduce the time you spend managing third-party Contractors by 70%, overnight. Our software streamlines your existing process of collecting, managing and re-qualifying mandatory Contractor...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
A simple to use, powerful, cloud based Vendor Management solution that gives you a single source of truth. Choose a better way today.
A simple to use, powerful cloud based Vendor Management solution. Manage Vendors and Contracts, receive automated alerts of key dates, monitor risk, manage workload and store files and messages - through one central repository - company wide. Gatekeeper's suite of reporting, collaboration and alert tools make Vendor and Contract management easy and effective. Say goodbye to Excel and other outdated software solutions - Say hello to a simple, powerful and cost-effective Vendor Management.
A simple to use, powerful cloud based Vendor Management solution. Manage Vendors and Contracts, receive automated alerts of key dates, monitor risk, manage workload and store files and messages -...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment
AuditBoard's RiskOversight is purpose-built to elevate and execute risk management programs across the enterprise.
AuditBoard is the leading cloud-based platform transforming how enterprises manage risk. Its integrated suite of solutions streamlines internal audit, SOX compliance, controls management, risk management, and information security compliance. AuditBoard's clients range from pre-IPO to Fortune 50 companies looking to modernize and elevate their functions. AuditBoard was recently ranked for the second year in a row as one of the 100 fastest-growing technology companies in North America by Deloitte.
AuditBoard is the leading cloud-based platform transforming how enterprises manage risk. Its integrated suite of solutions streamlines internal audit, SOX compliance, controls management, risk...

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Alerts/Notifications
  • Risk Assessment

Risk Management Software Buyers Guide

What is risk management software?

Risk management software is a tool for businesses to identify risk tolerance and take appropriate measures to mitigate such situations. The software offers tools to document corporate governance, risk, and compliance tasks as well as ensure that these elements align with the business objectives. 

The key features of the software include risk identification, risk assessment, mitigation planning, reporting, and preventive action planning.

Gartner defines integrated risk management as “a set of practices and processes supported by a risk-aware culture and enabling technologies that improve decision making and performance through an integrated view of how well an organization manages its unique set of risks”.

Risk management software helps organizations measure the level of risk in ongoing projects and processes, and then generate meaningful insights as well as an action plan.

The benefits of risk management software

  • Mitigate risks and address threats in a timely fashion: The sole purpose of risk management software is to identify threats and address those well within time. Unaddressed issues can result in project failure as well as scenarios that generate negative publicity or damage the brand. The software would ensure that your projects, processes, or audits follow the guidelines. Leaders can intervene as soon as they detect a change from the regular course of action and make early moves to mitigate the risk.
  • Create a risk-aware culture: The software can also maintain a risk register, which includes in-depth details about the risk, its indicators, impact, and the actions required to avoid/minimize it. An organized database helps businesses train employees on the risks, the impact, and the preventive actions to be taken. This helps in creating a workforce that’s more risk aware and trained to operate systematically.
  • Risk prioritization and assignment: No two risks have the same impact level. The software assesses the risk and assigns relevant scores to each risk. This helps businesses prioritize risks and escalate it to the concerned stakeholders. It saves the time taken to resolve the issue and ensures that the impact is minimal.

Typical features of risk management

  • Risk assessment: Assigns scores and ratings to risks or classifies issues based on multiple factors. Aggregates all the risk scores and categories from each assessment to create the business's risk register.
  • Dashboard: Sets and assigns key risk indicators (KRIs) and monitors these live on an interactive visual display. 
  • Alerts/Notifications: Allows you to set and configure alerts for critical events and receive notifications in case of a breach or failure.
  • Risk reporting: Defines and records the KRIs that measure the efficiency of a risk management program in a defined format. 
  • Compliance management: Ensures that risk management processes meet all the necessary regulatory compliance by defining and tracking processes and rules.
  • Auditing: Provides reports and tracks the status of risks and incidents to ensure accurate internal and external audits, so that businesses are always compliant.

Considerations when purchasing risk management

  • Define your expectations from the software: Risk management software offers broad functionality—from project risk management to financial risk management. Each type of software has its own set of key functionalities. Buyers should list their expectations from the software and then begin their search.
  • Plan for your budget: The software isn’t cheap—ranging from a few hundred to thousands of dollars per year. The advanced features cost more. Therefore, plan a budget and shortlist suitable vendors. We recommend shortlisting solutions that can meet the needs of your long-term business strategy.
  • Cognitive intelligence to augment traditional decision making: Advancement in cognitive technologies, artificial intelligence (AI), and real-time data analytics have advanced the scope of risk management. These smart machines can detect, predict, and prevent risks by self-learning and self-managing the defences against old and new threats. For instance, Warwick Analytics’ early warning and prevention system looks hours, days, and months ahead to predict when and how products in the field (such as aircraft and vehicles) will require maintenance. Identifying the root causes of failure helps them take corrective actions such as remanufacturing and redesigning products.
  • Risk management to be tied up with employee performance: These days, managers consider risk in terms of an employee’s ability to innovate current workflows. As risks are now measurable, the software allows businesses to relate risk with the desire to innovate existing processes. They can then create a balance between risks and rewards. This new strategy will encourage employees to make risk-informed decisions.