# Best Risk Management Software 2026 | Capterra > Find the top Risk Management software of 2026 on Capterra. Based on millions of verified user reviews - compare and filter for whats important to you to find the best tools for your needs. Source: https://www.capterra.com/risk-management-software --- # Best Risk Management Software Last updated on April 20, 2026 How to find the right Risk Management Software? Learn more from our team about Risk Management Software pricing features and benefits in our Risk Management Buyers Guide Verified Insights Provider data verified by our Software Research team and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) ## What is risk management software and how do I choose the right one? Researched by: [Shubham Gupta](https://www.capterra.com/resources/author/sgupta/)and reviewed by: [Parul Sharma](https://www.capterra.com/resources/author/parul-sharma/) Updated on April 20, 2026 [Risk management software](https://www.capterra.com/risk-management-software/) helps organizations reduce enterprise and operational risks by improving data management and minimizing losses. It features incident tracking, corrective actions, performance monitoring, compliance support, and more. Risk managers, compliance officers, safety and QA managers, and CFOs use risk management software for operational stability and regulatory compliance. Pricing for risk management solutions can vary widely depending on the features they offer. The software usually costs $120 for basic functionalities and $800 for advanced features. First-time buyers consider budget, user needs, and integrations when evaluating options. To identify the best system for your needs, consult stakeholders on key vendor questions:  _How does the software integrate with project management tools for real-time risk tracking?_ _Can the software provide real-time analytics for risk mitigation?_ _Is the software adaptable to different project sizes and needs?_ _What data security protocols are in place, and is it GDPR compliant?_ For more information consult our [Risk Management Buyers Guide](#buyers-guide-content) [4.8 (129)](https://www.capterra.com/p/152559/KPAEHS/reviews/) [Capterra Shortlist](https://www.capterra.com/risk-management-software/shortlist/) Great for: Value for Money Novara Flex is a cloud-based EHS software that helps businesses manage safety programs, engage employees, and ensure compliance. [Learn more about Novara Flex](https://www.capterra.com/p/152559/KPAEHS/) 95% of users recommend this product [4.7 (86)](https://www.capterra.com/p/141558/DoneSafe/reviews/) Automate risk management seamlessly, from identification to reduction. AI-powered to help ensure compliance effortlessly. [Learn more about HSI Donesafe](https://www.capterra.com/p/141558/DoneSafe/) [4.5 (527)](https://www.capterra.com/p/148577/MasterControl/reviews/) [Capterra Shortlist](https://www.capterra.com/risk-management-software/shortlist/) Great for: Document Storage Mitigate risk across the entire product life cycle. Record and follow-up on risk mitigation to track how well it’s working. [Learn more about MasterControl Quality Excellence](https://www.capterra.com/p/148577/MasterControl/) Connect with a Capterra advisor for a free 15-minute consultation Get a personalized software list aligned to your business needs with guidance from our expert advisors. [4.2 (5)](https://www.capterra.com/p/148334/Tanium-Endpoint-Platform/#reviews) Continuously identifies and prioritizes endpoint risk using real-time data and contextual scoring to reduce exposure.  [Learn more about Tanium](https://www.capterra.com/p/148334/Tanium-Endpoint-Platform/) [4.8 (105)](https://www.capterra.com/p/138931/Audit-Software/reviews/) [Capterra Shortlist](https://www.capterra.com/risk-management-software/shortlist/) Great for: Ease of Use #1 RATED GRC software 3 years running. Start out-of-the-box or customize on your own to fit your risk program. [Learn more about Onspring](https://www.capterra.com/p/138931/Audit-Software/) 92% of users recommend this product [4.6 (39)](https://www.capterra.com/p/151388/StandardFusion/reviews/) [Capterra Shortlist](https://www.capterra.com/risk-management-software/shortlist/) TeamMate Risk & Compliance is an all‑in‑one GRC platform uniting risk, compliance, vendor, policy, and privacy management. [Learn more about TeamMate Risk & Compliance](https://www.capterra.com/p/151388/StandardFusion/) [4.4 (27)](https://www.capterra.com/p/157713/ZenGRC/reviews/) ZenGRC is a cloud-based risk management solution that enables centralized visibility into an organization¿s complete risk posture. [Learn more about ZenGRC](https://www.capterra.com/p/157713/ZenGRC/) [4.7 (14)](https://www.capterra.com/p/59633/FileHandler/reviews/) FileHandler Enterprise automates claims workflows and customizes processes to help your team manage claims more efficiently.  [Learn more about FileHandler Enterprise](https://www.capterra.com/p/59633/FileHandler/) [4.7 (11)](https://www.capterra.com/p/21759/Cloud-Claims/reviews/) Cloud Claims by APP Tech is clean, mobile-optimized, and in the cloud. Ideal for P&C, workers comp, auto, and GL claims management. [Learn more about Cloud Claims](https://www.capterra.com/p/21759/Cloud-Claims/) [4.4 (79)](https://www.capterra.com/p/147599/Resolver/reviews/) [Capterra Shortlist](https://www.capterra.com/risk-management-software/shortlist/) Resolver’s risk management software makes it easy to collect, connect, analyze, and drive action from your risk & control data. [Learn more about Resolver](https://www.capterra.com/p/147599/Resolver/) [4.6 (5)](https://www.capterra.com/p/133991/Protecht-ERM/#reviews) Bring together all the tools to measure and monitor risk, gain strategic insights – and act. [Learn more about Protecht ERM](https://www.capterra.com/p/133991/Protecht-ERM/) [4.7 (16)](https://www.capterra.com/p/160754/KYC-Portal/reviews/) Real-time, risk-driven lifecycle management platform with full ownership of policy automation, increased efficiencies and reduces risk. [Learn more about KYC Portal](https://www.capterra.com/p/160754/KYC-Portal/) [4.5 (15)](https://www.capterra.com/p/47491/Corporater-Business-Management-Platform/reviews/) Corporater Risk software helps identify and manage risk entity-wide, assign risk ownership, and conduct risk assessments and audits. [Learn more about Corporater Business Management Platform](https://www.capterra.com/p/47491/Corporater-Business-Management-Platform/) [4.3 (23)](https://www.capterra.com/p/130586/Nlyte-DCM/reviews/) A Gartner Magic Quadrant Leader in 2014, 2015, 2016, Nlyte has the largest and most sophisticated DCIM implementations in the world. [Learn more about Nlyte DCIM](https://www.capterra.com/p/130586/Nlyte-DCM/) [4.4 (85)](https://www.capterra.com/p/88891/EHS-Management-Software/reviews/) VelocityEHS ESG|EHS Risk Management provides risk analysis, verification & assurance to find evaluate & control risk. [Learn more about VelocityEHS](https://www.capterra.com/p/88891/EHS-Management-Software/) [4.7 (26)](https://www.capterra.com/p/175185/Log360/reviews/) Log360 helps reduce IT risk with real-time threat detection, log correlation, and compliance-ready insights across your infrastructure. [Learn more about ManageEngine Log360](https://www.capterra.com/p/175185/Log360/) 0.0 (0) Presight is a SaaS-based risk management tool that helps businesses handle process safety and barriers in the offshore energy sector. [Learn more about Presight](https://www.capterra.com/p/183210/presight/) [3.7 (15)](https://www.capterra.com/p/10010011/IsoMetrix-HSEC-Solution/reviews/) Organization-wide Oversight of Environmental, Health, and Safety Risk and Compliance with IsoMetrix Aurora. [Learn more about IsoMetrix Aurora](https://www.capterra.com/p/10010011/IsoMetrix-HSEC-Solution/) [4.5 (58)](https://www.capterra.com/p/159891/Certainty/reviews/) Streamline inspections and issue management with Certainty. Drive compliance, reduce risk, and improve performance effortlessly. [Learn more about Certainty Software](https://www.capterra.com/p/159891/Certainty/) [4.9 (23)](https://www.capterra.com/p/195786/CyberOne/reviews/) See all your risk to strategically manage your assets, associated risks, controls and issues with visibility to make informed decisions [Learn more about C1Risk](https://www.capterra.com/p/195786/CyberOne/) 0.0 (0) FullyInControl is a modular SaaS solution for managing risk, quality management and information security. [Learn more about FullyInControl](https://www.capterra.com/p/208082/FullyInControl/) [4.9 (79)](https://www.capterra.com/p/166909/A1-Tracker/reviews/) Web-based risk management software with mobile portals for risk reporting, resolution, and notification workflow. Risk Analytics. [Learn more about A1 Tracker](https://www.capterra.com/p/166909/A1-Tracker/) [5.0 (4)](https://www.capterra.com/p/246021/Alyne/#reviews) Voted Best Risk Management Platform by SPARK Matrix. Ready-to-launch templates and customizable risk assessments for every program. [Learn more about Alyne](https://www.capterra.com/p/246021/Alyne/) [5.0 (2)](https://www.capterra.com/p/242031/ClusterSeven/#reviews) Manage the risks hiding outside of IT’s control with Mitratech’s End User Computing (EUC) and model risk management solution. [Learn more about ClusterSeven](https://www.capterra.com/p/242031/ClusterSeven/) [4.6 (19)](https://www.capterra.com/p/173288/Prevalent/reviews/) Take the pain out of third-party risk management with automation and intelligence. [Learn more about Prevalent](https://www.capterra.com/p/173288/Prevalent/) Page 1 of 33 ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox. Filter (825) Products: Sort By: Sponsored * * * Plan Type Free Trial Popular 85% of professionals opt for a 30-day trial before the software purchase Other subsciption plans: Free Version Monthly Subscription Annual Subscription One-Time License Key Features All key features Popular We have selected the most important and critical features as defined by Capterra user reviews AI Copilot Alerts/Notifications Audit Management Compliance Management Corrective and Preventive Actions (CAPA) Document Management Generative AI Incident Management Internal Controls Management IT Risk Management Legal Risk Management Mobile Access Operational Risk Management Predictive Analytics Reputational Risk Management Response Management Risk Analysis Risk Scoring Scenario Planning Deployment Cloud, SaaS, Web-Based Desktop Mac Desktop Windows Desktop Linux On-Premise Windows On-Premise Linux Desktop Chromebook Mobile Android Mobile iPhone Mobile iPad Related Software Category: [Compliance Software](https://www.capterra.com/compliance-software/)[Governance, Risk and Compliance (GRC) Software](https://www.capterra.com/grc-software/)[HIPAA Compliance Software](https://www.capterra.com/hipaa-compliance-software/)[Policy Management Software](https://www.capterra.com/policy-management-software/)[GDPR Compliance Software](https://www.capterra.com/gdpr-compliance-software/)[Company Secretarial Software](https://www.capterra.com/company-secretarial-software/)[ERM Software](https://www.capterra.com/erm-software/)[Accreditation Management Software](https://www.capterra.com/accreditation-management-software/)[PCI Compliance Software](https://www.capterra.com/pci-compliance-software/) I'm looking for Risk Management Software that is: [Free](https://www.capterra.com/risk-management-software/s/free/)[For Small Businesses](https://www.capterra.com/risk-management-software/s/small-businesses/) Table of Contents - [Essential risk management software buying information](#essential-risk-management-software-buying-information) - [What are the most reviewed risk management systems?](#what-are-the-most-reviewed-risk-management-systems) - [What is risk management software?](#what-is-risk-management-software) - [Risk management software pricing](#risk-management-software-pricing) - [Risk management software features rated by users](#risk-management-software-features-rated-by-users) - [Top risk management software benefits identified by users](#top-risk-management-software-benefits-identified-by-users) - [Common challenges of risk management software identified by users](#common-challenges-of-risk-management-software-identified-by-users) - [What is risk management software used for?](#what-is-risk-management-software-used-for) - [Who uses risk management software?](#who-uses-risk-management-software) - [Common risk management software integrations](#common-risk-management-software-integrations) - [Recent trends in risk management software](#recent-trends-in-risk-management-software) - [Learn more about how risk management software can help your business](#learn-more-about-how-risk-management-software-can-help-your-business) ## Essential risk management software buying information [Risk management software](https://www.capterra.com/risk-management-software/) helps organizations reduce exposure to enterprise and operational risks by enhancing data management quality and minimizing losses. It features incident tracking, corrective actions, performance monitoring, and compliance support, with business intelligence and exception management as common functionalities. Professionals responsible for overseeing and mitigating risks within an organization primarily use risk management software. This includes risk managers, compliance officers, safety managers, quality assurance managers, and chief financial officers (CFOs). These roles rely on risk management software to ensure operational stability and regulatory compliance. Pricing for risk management solutions can vary widely, ranging from $120 for basic features to $800 per month for advanced functionalities.\[[1](#sources)\] When selecting risk management software, start by considering your budget, user count, specific risk scenarios, and necessary system integrations. These criteria will help you choose a solution that meets your financial and operational needs. Consider these example questions to ensure the software meets your specific needs: - How does the software integrate with existing project management tools for seamless, real-time risk tracking? - Can the software provide real-time analytics to identify and mitigate potential risks before they impact operations? - Is the software adaptable to various project sizes and complexities, and can it be tailored to meet your organization's specific needs? - What data security protocols does the software employ, and does it comply with key regulations like GDPR to ensure data integrity? ## What are the most reviewed risk management systems? [Capterra Shortlist](https://www.capterra.com/risk-management-software/shortlist/) identifies the top risk management systems based on a proprietary blend of user ratings and popularity, helping small businesses efficiently find the most effective risk management solution for their needs.\[[2](#sources)\] Here are the five most reviewed products in our Capterra Shortlist for this category: **Product** **Overall score** **Popularity score** **Ratings score** [MasterControl Quality Excellence](https://www.capterra.com/p/148577/MasterControl/) 96/100 49/50 47/50 [AuditBoard](https://www.capterra.com/p/148230/SOXHUB/) 99/100 50/50 49/50 [SafetyCulture](https://www.capterra.com/p/141080/iAuditor/) 94/100 50/50 44/50 [**Ideagen Quality Management**](https://www.capterra.com/p/155354/Q-Pulse/) 69/100 24/50 45/50 [**Safetica**](https://www.capterra.com/p/254806/Safetica-NXT/) 80/100 31/50 49/50 These rankings are determined by combining verified user ratings and publicly available web search popularity data:  - **Ratings score:** Relative score of the software based on ratings given by users on Capterra, normalized for the number and recency of reviews. - **Popularity score**: Relative popularity of software based on web search trends and products’ web presence. ## What is risk management software? Risk management software is a specialized tool designed to help organizations proactively manage potential risks associated with their operations and projects. This type of software is instrumental in identifying, assessing, and prioritizing risks to minimize, monitor, and control the probability or impact of unfortunate events. It also helps maximize the realization of opportunities. According to a report by Gartner, spending in the information security and risk management sector is projected to reach $287 billion by 2027, with an annual growth rate of 11%.\[[3](#sources)\] This significant investment highlights the growing importance of risk management solutions in today’s digital and globalized business environment. As per Capterra, the current market offers 1,104 risk management products, reflecting a broad range of tools designed to cater to different industry needs. Over the past year, these products have amassed 2,521 reviews, indicating active user engagement and reliance on these systems to safeguard against potential risks.\[[4](#sources)\] ## Risk management software pricing Risk management software typically follows a per-month subscription model\[[4](#sources)\], with costs depending on the system's complexity and capabilities. The entry-level pricing plan, usually around $120, includes essential features like risk assessment tools, incident tracking, compliance checks, and basic reporting.  Premium or advanced plans, costing about $800, cater to complex risk analysis needs with features such as integrated analytics, advanced compliance frameworks, scenario analysis, automated alerts, and extensive customization options.  Most risk management software solutions offer a free trial to help users understand the product before investing in it. This opportunity allows potential buyers to evaluate the software's interface, functionality, and how well it aligns with their specific risk management needs, ensuring a more informed purchase decision. When selecting risk management software, it’s crucial to consider not just the sticker price but the full spectrum of costs associated with its deployment and use. Potential buyers should account for both initial and ongoing expenses. Common upfront costs include customization, integration, and installation.  Additionally, maintenance, support, and IT consultancy fees constitute significant recurring costs that can impact the total cost of ownership. Organizations can better prepare for the financial commitment involved in implementing a risk management solution by carefully evaluating these factors. ## Risk management software features rated by users All risk management software solutions include essential features like risk assessment, risk reporting, dashboards, and alerts/notifications. These core components are complemented by common functionalities such as risk analysis, compliance management, corrective and preventive actions (CAPA), document management, document storage, incident management, and reporting/analytics. ### Core risk management software features - **Risk assessment:** Identifies potential risks and evaluates their impact, helping organizations prioritize mitigation strategies. 88% of reviewers deem this feature as critical. - **Risk reporting:** Generates detailed reports on identified risks, enabling informed decision-making and strategic planning. 86% of reviewers find this feature essential. - **Dashboard:** Provides a centralized view of all risk metrics, allowing quick access to key data and trends for ongoing monitoring. - **Alerts/notifications:** Sends timely notifications about risk events or changes, ensuring prompt response and management. ### Common risk management software features Our analysis of proprietary review data reveals other common risk management software features users rate as valuable: - **Compliance management:** Helps ensure organizational activities align with relevant laws and regulations, reducing legal risks. 74% of users find it to be a critical feature. - **Document management:** Manages all risk-related documents in a centralized system, simplifying access and control. 72% of users consider this feature to be critical. - **Risk analysis:** Assesses and quantifies risks, supporting more accurate and effective risk management strategies. - **Corrective and preventive actions (CAPA):** Facilitates identifying issues and implementing solutions to prevent recurrence, enhancing operational reliability. - **Document storage:** Provides secure and organized storage for critical risk management documents, supporting compliance and audit readiness. - **Incident management:** Tracks and manages incidents, streamlining responses and recovery efforts to minimize impact. - **Reporting/analytics:** Offers advanced analytics on risk data, improving transparency and supporting continuous improvement in risk strategies. ## Top risk management software benefits identified by users **Accelerated productivity through intuitive navigation:** The software's intuitive interface reduces training time and speeds up user adaptation. This boosts productivity by allowing users to navigate efficiently without frequent consultations or extensive training. This ease of use is essential for fast-paced environments. _"The tool is user-friendly, with an intuitive interface that makes it easy to use. It ensures that users can quickly and easily navigate the software, reducing the learning curve and increasing efficiency."_ –Marijus, partner in Lithuania **Operational excellence with streamlined workflows:** By simplifying the management and integration of workflows, the software enhances operational effectiveness. Users can quickly design, approve, and adjust workflows, making daily tasks more manageable and less time-consuming. _"For designing workflows, approval on workflows, and user-defined charts on the go, self-service features appear to be ultimately unparalleled."_ –Ayush, associate solution leader in India **Simplified training with unified system management:** The software serves as an all-in-one solution that satisfies various operational needs, reducing the complexity of managing multiple systems. This consolidation helps staff by simplifying learning processes and reducing the cognitive load, leading to better adoption rates. _"Having one go-to system that covers multiple needs is great and means our staff only need to learn and be familiar with one system."_ –Kevin, quality coordinator for laboratories in the UK **Risk reduction in compliance and auditing:** The platform acts as a comprehensive tool for managing compliance and audits, reducing risks by ensuring thorough control and oversight. The integration capabilities also save time and effort, thereby minimizing errors and enhancing compliance accuracy. _"It is a one-stop tool for managing your overall compliance, from controls, proof, risk, vendor, and audit management; it is incredible. I really like the integrations, saves time and effort."_ –Apple Joy, senior compliance analyst in the Philippines **Enhanced daily work experience:** The software’s modern and aesthetically pleasing interface not only makes daily tasks less daunting but also improves user engagement and satisfaction. A clean and straightforward design helps users focus on their tasks without feeling overwhelmed by complex features. _“We like that it's a clean interface and it's simple to use.”_ –Shawn, CEO in US ## Common challenges of risk management software identified by users Risk management software is crucial for businesses seeking to mitigate threats and capitalize on opportunities, yet selecting the right tool can be fraught with challenges.  Users often grapple with managing costs and ensuring robust security, concerns that resonate deeply across industries. Cost challenges affect software accessibility, while robust security is essential for protecting sensitive data and maintaining compliance. Based on reviews we've analyzed in the past year, here are some common challenges users face with risk management software. **1\. Dashboard functionality:** Users frequently report that dashboards can be inflexible or not intuitive, which can hinder the monitoring of real-time data effectively. - _Ask your vendor:_ Can the dashboard be customized to suit specific monitoring needs? How intuitive is the user interface? - _Overcome the challenge:_ Look for software that offers customizable dashboards with drag-and-drop functionality to tailor data views and access. **2\. Reporting accuracy:** Accurate reporting is vital for effective risk management, yet discrepancies can occur due to software limitations or data integration issues. - _Ask your vendor:_ What measures are in place to ensure reporting accuracy? How does the software handle data from multiple sources? - _Overcome the challenge:_ Opt for systems that provide automated verification features and robust data integration capabilities to ensure accuracy. **3\. Software updates:** Keeping the software updated is essential but can introduce new bugs or disrupt existing functionalities. - _Ask your vendor:_ How frequently are updates released? What support is available to manage update transitions? - _Overcome the challenge:_ Choose vendors that offer comprehensive support and transparent communication about updates to minimize disruption. **4\. User experience:** A complex or non-intuitive interface can reduce efficiency and increase training requirements. - _Ask your vendor:_ Is there a trial period to evaluate the software’s usability? What training resources do you provide? - _Overcome the challenge:_ Conduct thorough trials to assess the interface and ensure there are adequate training materials or sessions available from the vendor. **5\. Issue management:** Effective issue resolution is critical, yet some systems lack the agility to adapt quickly to new risks or resolve reported problems efficiently. - _Ask your vendor:_ How does the software facilitate quick issue resolution? What is the average response time for support queries? - _Overcome the challenge:_ Ensure the software includes proactive issue tracking tools and that the vendor has a reliable support team responsive to your needs. ## What is risk management software used for? Analysis of our extensive risk management software reviews highlights the most common use cases: - **Comprehensive audit and compliance management:** The tool integrates audit and compliance features into a manageable framework, enhancing oversight for professionals. - **Enhanced connectivity for risk assessments:** This tool connects assessment teams with frontline staff, improving communication and risk management processes. - **Employee monitoring and compliance tracking:** The software efficiently tracks employee attestations and compliance, ensuring adherence to standards. - **Daily threat analysis and incident reporting:** It is essential for daily threat analysis and incident reporting to address potential risks and support business operations promptly. Exploring the landscape of risk management software reveals diverse solutions tailored to specific challenges and strategic goals. Here's a brief overview of these key types: - **Financial risk management software:** Tailored for entities managing financial uncertainties, this software mitigates risks like market volatility, credit issues, and liquidity problems, crucial for protecting financial assets. - **Integrated risk management software:** This software offers a holistic strategy by combining data across various risk domains, providing a unified perspective that enhances strategic planning and fosters informed risk management. - **Enterprise Risk Management (ERM) software:** Designed for comprehensive risk oversight, ERM software manages risks across all operational areas, supports strategic decisions, and aligns risk management with business objectives. - **Risk assessment software:** Focuses on identifying and evaluating risks to an organization's assets, reputation, or safety, prioritizing them to allocate resources effectively and develop proactive strategies. Expanding on these fundamental tools, we also consider essential related software that enhances and complements your risk management strategy: - [Audit software](https://www.capterra.com/audit-software/) - [Business intelligence software](https://www.capterra.com/business-intelligence-software/) - [Compliance software](https://www.capterra.com/compliance-software/) - [Governance, Risk & Compliance (GRC) software](https://www.capterra.com/grc-software/) - [HIPAA compliance software](https://www.capterra.com/hipaa-compliance-software/) - [Strategic planning software](https://www.capterra.com/strategic-planning-software/) ## Who uses risk management software? Risk management software is a critical tool for professionals tasked with identifying, assessing, and mitigating risks to ensure operational continuity, compliance, and financial stability in an organization. It supports a wide array of roles dedicated to managing both strategic and operational risks: - **Risk managers:** Utilize the software to analyze and prioritize risks based on their potential impact, and to monitor mitigation efforts. - **Compliance officers:** Employ the tool to ensure company practices adhere to laws and regulations, and to manage documentation for audits. - **Safety managers:** Use the software to oversee workplace safety protocols, track incidents, and ensure adherence to health and safety regulations. - **Quality assurance managers:** Rely on the software to maintain standards in production and operations, ensuring product and service quality meets predefined criteria. - **Chief financial officers (CFOs):** Implement the software to manage financial risks, forecast budget impacts, and protect assets. - **IT security managers:** Utilize the tool to safeguard digital assets, manage cybersecurity threats, and oversee information security strategies. - **Operational risk managers:** Use the software to identify and mitigate risks that could disrupt business operations, ensuring smooth continuity. These professionals play a crucial role in enhancing operational stability and ensuring compliance across various sectors. After analyzing call notes from over 90 users in the past year, it's evident that businesses employing between 101 to 500 staff members frequently use risk management software. Notably, manufacturing, healthcare/social services, and government sectors—accounting for 17%, 12%, and 10% of users, respectively—demonstrate the widespread necessity and application of these tools across diverse industries. ## Common risk management software integrations Conversations with 102 software buyers who consulted Capterra highlight a definitive trend: over 90% prefer integrated suites that provide a broad spectrum of functions on one platform. Additionally, deployment preferences lean towards web-based solutions, with 52% of buyers favoring this option.\[[5](#sources)\] This strong inclination towards integrated suites highlights the importance of choosing software that addresses various risk management needs and seamlessly meshes with existing technology infrastructure. Opting for web-based software further reflects the desire for accessibility and flexibility, enabling teams to manage risks anytime, anywhere. ## Recent trends in risk management software **Rise of emotional intelligence in risk decision-making:** A notable 41% of project managers recognize that their emotional intelligence (EQ) skills positively impact risk management within project responsibilities.\[[6](#sources)\] This trend highlights the growing recognition of the importance of EQ in identifying and mitigating risks, suggesting a shift towards more nuanced and people-centric approaches in risk management strategies. **Sustainability and climate change at the forefront:** With 63% of survey respondents identifying sustainability risks as a crucial factor in their risk management approach and 18% utilizing scenario planning for climate change risks,\[[7](#sources)\] it's clear that environmental concerns are increasingly central to risk management strategies. This trend reflects the urgency of adapting risk management frameworks to address sustainability and climate-related risks. **Enhanced focus on third-party risk management:** Over 70% of risk leaders struggle to maintain an accurate and prioritized view of third-party risks at the enterprise level.\[[8](#sources)\] This indicates a growing trend of recognizing the complexity and significance of third-party risks, underscoring the need for more effective tools and strategies to manage these risks efficiently. ## Learn more about how risk management software can help your business Interested in unlocking the potential of risk management software for your organization? Explore these key resources to deepen your understanding and make well-informed business decisions: - [What Is Project Risk Management? Everything You Need To Know](https://www.capterra.com/resources/what-is-project-risk-management/) - [What is a Risk Register? A Complete Guide](https://www.capterra.com/resources/what-is-a-risk-register/) - [7 Common Project Risks and How To Mitigate Them (Expert Tips Included)](https://www.capterra.com/resources/common-project-risks/) Sources 1. **Capterra software pricing data:** Only products with publicly available pricing information and qualified software products within the category as of the production date are included in the pricing analysis. [**Read the complete methodology here.**](https://www.capterra.com/resources/proprietary-data-research/#software-buyers-guides-methodology) 2. **Capterra Shortlist:** Capterra Shortlist identifies the top products in our software categories based on a proprietary blend of user ratings and popularity. We featured the products with the most reviews at the time of Capterra Shortlist publication. [**Read the complete methodology**](https://www.capterra.com/resources/proprietary-data-research/#capterra-shortlist-methodology). 3. [Forecast Analysis: Information Security and Risk Management, Worldwide](https://www.gartner.com/doc/5238363), Gartner 4. **Capterra reviews data:** Capterra reviews are collected from verified users for individual software products. For this report, we analyzed reviews from the past one year as of the production date. [Read the complete methodology](https://www.capterra.com/resources/proprietary-data-research/#software-buyers-guides-methodology). 5. **Capterra advisor call notes:** Findings are based on data from telephonic conversations that Capterra’s advisor team had with small-and-midsize businesses seeking risk management software. For this report, we analyzed phone interactions from the past one year as of the production date. [Read the complete methodology here.](https://www.capterra.com/resources/proprietary-data-research/#software-buyers-guides-methodology) 6. [**4 Risk Management Strategies for Successful Project Execution**](https://www.capterra.com/resources/risk-management-strategies/), Capterra 7. Capterra 2025 Tech Trends Survey: The 2025 Tech Trends Survey was conducted online in July 2024 to understand the timeline, organizational challenges, adoption and budget, vendor research behaviors, ROI expectations, and satisfaction levels for software buyers. [**Read the complete survey methodology here**](https://www.capterra.com/resources/proprietary-data-research/#software-buyers-guides-methodology). 8. **Capterra 2023 Emotional Intelligence in Project Management Survey:** Capterra's 2023 Emotional Intelligence in Project Management Survey was conducted in June 2023 among 239 U.S.-based project managers to learn more about how emotional intelligence affects the decision-making processes during a project. Respondents were screened to ensure they are actively working as a project or program/portfolio/project management office (PMO) manager.