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description: Page 25 - Discover the best Risk Management Software for your organisation. Compare top Risk Management Software tools with customer reviews, pricing and free demos.
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title: Page 25 - Best Risk Management Software - 2026 Reviews, Pricing & Demos
---

Breadcrumb: [Home](/) > [Risk Management Software](https://www.softwareadvice.com.au/directory/4423/risk-management/software) > [Page 25](https://www.softwareadvice.com.au/directory/4423/risk-management/software?page=25)

# Risk Management Software

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## Products

1. [Propel Apps Safety Management](https://www.softwareadvice.com.au/software/537661/Propel-Apps-Safety-Management) (0 reviews) — Propel Apps Safety Management helps organizations modernize workplace safety and EHS operations through a fully integ...
2. [Formalize](https://www.softwareadvice.com.au/software/536644/Formalize) (0 reviews) — Formalize is a compliance operations platform designed to centralize governance, risk, and compliance management acro...
3. [NOVA DRIM](https://www.softwareadvice.com.au/software/539099/NOVA-DRIM) (0 reviews) — NOVA DRIM is a cyber risk quantification platform that converts technical security exposures into financial insights ...
4. [e1ns FMEA](https://www.softwareadvice.com.au/software/480512/PLATO-SCIO-FMEA) (0 reviews) — e1ns FMEA is a web-based software designed to support systematic failure mode and effects analysis for design and pro...
5. [EthosOne](https://www.softwareadvice.com.au/software/540109/EthosOne) (0 reviews) — EthosOne is a governance platform designed for independent, Catholic, and private schools in Australia to manage comp...
6. [Horaxis Enterprise](https://www.softwareadvice.com.au/software/543376/Horaxis-Enterprise) (0 reviews) — Horaxis Enterprise is an AI-based procurement risk management platform designed for industrial supply chains. It pred...
7. [Rysc Ai](https://www.softwareadvice.com.au/software/544264/Rysc-Ai) (0 reviews) — Rysc Ai is an AI assisted risk management platform for construction and engineering projects aligned with ISO 31000:2...

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Page: 25 / 25\
Prev: [Previous page](https://www.softwareadvice.com.au/directory/4423/risk-management/software?page=24)

## Related Categories

- [Vulnerability Management Software](https://www.softwareadvice.com.au/directory/4286/vulnerability-management/software)
- [Integrated Risk Management Software](https://www.softwareadvice.com.au/directory/4101/integrated-risk-management/software)
- [Incident Management Software](https://www.softwareadvice.com.au/directory/4577/incident-management/software)
- [GDPR Compliance Software](https://www.softwareadvice.com.au/directory/3848/gdpr/software)
- [Audit Software](https://www.softwareadvice.com.au/directory/4188/audit/software)

## Links

- [View on SoftwareAdvice](https://www.softwareadvice.com.au/directory/4423/risk-management/software)
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Propel Apps replaces these fragmented workflows with a unified safety execution platform that digitizes risk assessments, work permits, isolation procedures, inspections, and compliance reporting. \n\nThe solution integrates seamlessly with existing work order management systems, ensuring safety requirements are embedded directly into operational workflows. This enables organizations to enforce compliance at every step of work execution while providing field workers with instant access to safety protocols, digital forms, and guided procedures on mobile devices. \n\nWith powerful features such as digital work permits, lockout/tagout (LOTO) management, isolation control, and real-time analytics, safety teams gain complete visibility into safety performance, compliance status, and risk trends. 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The platform is suitable for compliance professionals, information security teams, and privacy officers managing regulatory requirements across industries such as financial services, critical infrastructure, and enterprises operating in multiple jurisdictions.\n\nThe platform includes features such as automated supplier audit workflows, customizable compliance automation for questionnaires and processes, and comprehensive risk management tools. Users can create dashboards to monitor risks, incidents, and audit progress while managing multiple frameworks using shared controls and centralized documentation. Specialized tools for GDPR compliance are available, including Record of Processing Activities management, Data Subject Requests handling, and Data Protection Impact Assessments. 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Organizations following compliance frameworks such as NIST CSF, HIPAA, SOC 2, RBI cybersecurity guidelines, DPDP Act, SEBI CSCRF, and ISO 27001 use the platform to maintain continuous risk governance aligned with regulatory requirements.\n\nThe platform uses a five-layer computational architecture to process data from six security domains: External Attack Surface Monitoring, Third Party Risk Management, Governance Risk and Compliance, Vulnerability Management, VAPT, and 24/7 SOC operations. NOVA DRIM applies a deterministic risk calculation methodology using the formula Likelihood × Impact × Control Adjustment, with likelihood based on live exposure data. It features a dual-layer confidence engine that distinguishes between detection confidence and risk confidence, classifying risk stability as transient, recurring, structural, or accepted. Risk recalculation occurs automatically when exposure state changes are detected, such as newly exposed services or remediated vulnerabilities. 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The software helps analyze potential failures, assess risks, and implement preventive measures during the product development lifecycle.\n\nThe platform includes features for DFMEA and PFMEA methodologies, system and function analysis, parameter diagrams, block diagrams, process flow charts, and control plans. It supports specialized analysis methods such as DRBFM, reverse-FMEA, FMEA MSR, FMECA, and FMEDA. Additional tools include fault tree analysis, requirements analysis, design verification plans, and special characteristics management, enabling connected risk assessments across engineering processes. Template management functionality helps standardize FMEA approaches and maintain consistency across projects. 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