Best Risk Management Software in 2026

In short: Pirani is ranked #1 of 32 as of 4 October 2026, ahead of Riskware and Eramba. The best-ranked option with a free plan is Eramba. The lowest first paid tier on this page is EasyRisk at $1.17/mo.

Risk management tools help teams record and assess risks and organize related work. Compare custom risk fields, quantitative analysis, and risk reporting to see which capabilities align with your approach to oversight. Workflow automation and API access may matter for coordinating processes or connecting systems; deployment, free-plan availability, and paid-from pricing offer practical considerations. Pirani, Riskware, and Eramba are among the options shown. Weigh the listed assessment and reporting features against the implementation needs and budget relevant to your operations.

32 risk management software ranked on what their makers publish — plans and prices, free tiers, platforms and the facts on their own pages.

32ranked
3free plans on this page
$1.17/molowest paid tier
4 Oct 2026last checked
Input list Risk Management Software 25 channels on this page · 99 of 200 spec lines stated by the makers
Ch Tool Free planPaid fromQuantitative analysisCustom risk fieldsWorkflow automationRisk reportingAPI accessDeployment Spec sheet Score
01 Pirani Free planYesPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingboard-readyAPI accessYesDeploymentcloud 7/8spec lines stated 7.6
02 Riskware Free plannot statedPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingboard-readyAPI accessYesDeploymentcloud 6/8spec lines stated 7.5
03 Eramba Free planYesPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingscheduledAPI accessYesDeploymenthybrid 7/8spec lines stated 7.2
04 EasyRisk Free planYesPaid fromnot statedQuantitative analysisYesCustom risk fieldsnot statedWorkflow automationYesRisk reportingboard-readyAPI accessYesDeploymenthybrid 6/8spec lines stated 6.8
05 Protecht Free plannot statedPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingboard-readyAPI accessYesDeploymentcloud 6/8spec lines stated 6.7
06 Quantivate Business Continuity Software Free plannot statedPaid fromnot statedQuantitative analysisnot statedCustom risk fieldsnot statedWorkflow automationnot statedRisk reportingnot statedAPI accessnot statedDeploymentcloud 1/8spec lines stated 6.7
07 Corporater Operational Risk Management Free plannot statedPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingboard-readyAPI accessYesDeploymentnot stated 5/8spec lines stated 6.6
08 Essential ERM Free planNoPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingboard-readyAPI accessYesDeploymentcloud 7/8spec lines stated 6.6
09 NAVEX IRM Free plannot statedPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingdashboardsAPI accessYesDeploymentcloud 6/8spec lines stated 6.5
10 ShipManager Crewing Free planNoPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingdashboardsAPI accessYesDeploymenthybrid 7/8spec lines stated 6.5
11 AuditBoard (now Optro) Free plannot statedPaid fromnot statedQuantitative analysisnot statedCustom risk fieldsnot statedWorkflow automationnot statedRisk reportingnot statedAPI accessnot statedDeploymentnot stated 0/8spec lines stated 6.4
12 LogicManager BIA and BCP Free planNoPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingboard-readyAPI accessYesDeploymentcloud 7/8spec lines stated 6.3
13 SAI360 Ethics and Compliance Free plannot statedPaid fromnot statedQuantitative analysisnot statedCustom risk fieldsnot statedWorkflow automationYesRisk reportingnot statedAPI accessnot statedDeploymentcloud 2/8spec lines stated 6.3
14 TeamMate Policy Management Free plannot statedPaid fromnot statedQuantitative analysisnot statedCustom risk fieldsnot statedWorkflow automationnot statedRisk reportingnot statedAPI accessnot statedDeploymentnot stated 0/8spec lines stated 6.3
15 ZenGRC Free plannot statedPaid fromnot statedQuantitative analysisnot statedCustom risk fieldsnot statedWorkflow automationnot statedRisk reportingnot statedAPI accessYesDeploymentnot stated 1/8spec lines stated 6.3
16 Qualsys EQMS Free plannot statedPaid fromnot statedQuantitative analysisYesCustom risk fieldsnot statedWorkflow automationYesRisk reportingboard-readyAPI accessYesDeploymentcloud 5/8spec lines stated 6.0
17 VComply Free planNoPaid fromnot statedQuantitative analysisnot statedCustom risk fieldsnot statedWorkflow automationnot statedRisk reportingnot statedAPI accessnot statedDeploymentnot stated 1/8spec lines stated 6.0
18 Ncontracts Free plannot statedPaid fromnot statedQuantitative analysisYesCustom risk fieldsnot statedWorkflow automationYesRisk reportingboard-readyAPI accessYesDeploymentcloud 5/8spec lines stated 5.9
19 Resolver Investigations Free plannot statedPaid fromnot statedQuantitative analysisnot statedCustom risk fieldsnot statedWorkflow automationYesRisk reportingnot statedAPI accessnot statedDeploymentcloud 2/8spec lines stated 5.9
20 RiskWatch Policy Management Free planNoPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingboard-readyAPI accessYesDeploymenthybrid 7/8spec lines stated 5.9
21 Riskonnect Free plannot statedPaid fromnot statedQuantitative analysisnot statedCustom risk fieldsnot statedWorkflow automationnot statedRisk reportingnot statedAPI accessnot statedDeploymentnot stated 0/8spec lines stated 5.8
22 Risk Wizard Free planNoPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingboard-readyAPI accessnot statedDeploymentcloud 6/8spec lines stated 5.7
23 Enablon Free plannot statedPaid fromnot statedQuantitative analysisnot statedCustom risk fieldsnot statedWorkflow automationnot statedRisk reportingnot statedAPI accessnot statedDeploymentnot stated 0/8spec lines stated 5.6
24 Risk Llama Free planNoPaid fromnot statedQuantitative analysisYesCustom risk fieldsYesWorkflow automationYesRisk reportingdashboardsAPI accessnot statedDeploymentnot stated 5/8spec lines stated 5.5
25 LogicGate Risk Cloud Free plannot statedPaid fromnot statedQuantitative analysisnot statedCustom risk fieldsnot statedWorkflow automationnot statedRisk reportingnot statedAPI accessnot statedDeploymentnot stated 0/8spec lines stated 5.4

Is your tool on this list?

Numbered spots on this list can be sponsored. They are labelled, and the editorial order and scores never change for payment.

Questions about this list

Which risk management software is ranked first on Specifiction?

Pirani is ranked #1 of 32 with a score of 7.6. Riskware is second and Eramba third.

How many of these have a free plan?

3 of the 25 on this page publish a free plan on their own pricing pages.

Which is the cheapest paid option?

On this page, EasyRisk has the lowest first paid tier we found: $1.17/mo.

How is this list ranked?

Ranked on what each maker publishes, the fullest spec sheet first: how deeply the product is documented, the platforms it runs on, a free tier or trial to test it, and its standing. Paid placements never change a rank.

More in Business Operations

All business operations lists