8 Best Integrated Risk Management Software of 2024

Why use SafetyCulture?

SafetyCulture is a robust software that provides risk managers, risk analysts, compliance managers, internal auditors, and quality managers with a top-level risk management and assessment approach. The platform integrates all parts of enterprise risk management into one software so users can gain a holistic view of risk and ensure compliance with regulations. Additionally, SafetyCulture offers comprehensive tools for risk identification, assessment, and monitoring to help organizations make informed decisions and prevent potential risks from occurring.

Features:

• Identify patterns and areas for improvement by tracking risks and contributing factors over time with the platform’s advanced analytics and reporting features.
• Make better strategic, ethical, and responsible decisions by getting a holistic view of your compliance, health, and safety risk from the platform’s powerful dashboard.
• Quickly identify and address potential risks and hazards before they become a problem through digital risk assessments.
• Streamline and standardize risk management tasks by creating automated workflow processes.
• Ensure everyone in the organization follows best practice frameworks and control measures using industry-standard training courses.
• Quickly take action and minimize potential risks through automated real-time notifications when an incident occurs.

Why use Alyne?

Alyne is a comprehensive GRC platform for governance, risk, compliance, and ESG. It uses AI technology to provide data-driven insights to organizations. The platform helps teams understand laws, identify risks in real-time, increase transparency, and improve compliance efficiency. Additionally, it facilitates collaboration across the enterprise and with third parties. Alyne enables risk management and reduction, meets compliance requirements, provides detailed risk analytics and reporting, and supports risk-aware decision-making.

Features:

• Real-time risk mitigation
• No-code workflows
• AI-powered compliance platform

Why use Corporater?

Corporater is an enterprise-scale software that supports governance, performance, risk, and compliance (GPRC) operations. Its risk management capabilities cover IT and web risk management, third-party risk management, project and portfolio risk management, and operational risk management. It’s suitable for organization-wide use to detect, manage, and mitigate risks in all departments.

Features:

• Internal audit management
• Compliance management
• Risk management

Why use Diligent One Platform?

Diligent One Platform is a risk management tool that helps organizations identify, assess, and manage risk using a unified methodology to make better risk-related decisions. The platform integrates with multiple sources, internal and external, providing a comprehensive view of the current risk environment. Diligent’s dashboard and reporting features also ensure clear visualization of your organization’s risk profile, including an overall risk score and the contribution of different risk factors.

Features:

• Carbon and climate monitoring
• Data collection and reporting for multiple carbon-specific frameworks
• Custom Environmental, Social, and Governance (ESG) program

Why use Resolver?

Resolver provides solutions for corporate security, compliance, and information security teams. The software has all the necessary features to discover, assess, and minimize risk. One of its highlights is the risk assessment feature that links issues to specific incidents and actions, ensuring they are relevant to business events. By highlighting these risk indicators, users can identify gaps in their risk management strategy and understand the impact of your strategies.

Features:

• Incident investigations and management
• Compliance tracking
• Real-time reporting

Why use MetricStream?

MetricStream helps users understand and respond to risk across the organization. The tool features risk identification and definition modules, allowing you to document all business risks. Additionally, MetricStream’s dashboard displays key issues, with internal audits that consider your organization’s objectives, products, and processes. This improves audit efficiency, enabling faster completion.

Features:

• Customizable automated workflows
• Continuous risk assessment
• Performance management with KPIs

Why use Ventiv IRM?

Ventiv IRM empowers risk managers with advanced analytics, comprehensive reporting, and a modern user experience that elevates organizational risk management. With Ventiv IRM, users can effortlessly capture, consolidate, and integrate diverse data sources to establish a centralized repository of accurate information.

Features:

• Asset and exposure management
• Cost allocation and calculation
• Risk engineering and property loss

Why use RAIDLOG?

RAIDLOG is project and risk management software that helps organizations identify and mitigate risk in business initiatives. It’s based on the Risk, Action, Issues, and Decisions (RAID) framework. The software features a customizable risk matrix to identify and evaluate risks and predefined risk frameworks to align with industry standards. The platform’s reporting dashboard visually overviews risk and project data over time. Custom reports are also available for risks, remediation, and compliance.

Features:

• Action log
• Project management
• Risk management