--- title: "Best Integrated Risk Management Software - 2026 Reviews & Pricing" description: "Find the best Integrated Risk Management Software for your organization. Compare top Integrated Risk Management Software systems with customer reviews, pricing, and free demos." source_url: "https://www.softwareadvice.com/risk-management/integrated-risk-management-comparison/" page_type: "subcategory" language: "en" --- [Home](https://www.softwareadvice.com/) / Integrated Risk Management Software Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. # Best Integrated Risk Management Software of 2026 Updated November 12, 2026 Talk with us for a free 15-min consultation Expert advisors like Jacqueline, who have helped 1,000+ companies, can find the right software for your needs. On this page 1. Popular Comparisons 2. Buyers Guide 3. Related Software Filter products 187 results ### Compare Products Showing 1 - 25 of 187 products #### Company Size - Self-Employed - 2-10 - 11-50 - 51-200 - 201-500 - 501-1000 - 1000+ #### Pricing Options - $$$$$ - $$$$$ - $$$$$ - $$$$$ - $$$$$ ### Compare Products Sort by **Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals. **Reviews**: Sorts listings by the number of user reviews we have published, greatest to least. **Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest. **Alphabetically (A-Z)**: Sorts listings by product name from A to Z. ### [Resolver](/pci-compliance/grc-cloud-profile/) - Overall rating: 4.4/5 - Reviews: 80 - Starting price: $10,000.00/year - Free trial: Not available - Free demo: Not available #### Overview Resolver’s risk management software is a cloud-based solution for midsize to larger enterprises that serves customers across a variety of industries and business needs. These [Read more](/pci-compliance/grc-cloud-profile/) #### Features ##### Best rated features - Search/Filter: 5/5 - Alarm Management: 5/5 - Event Management: 5/5 - Reporting & Statistics: 5/5 ##### Worst rated features - Change Management: 1/5 - Internal Controls Management: 2/5 [See all features](/pci-compliance/grc-cloud-profile/#key-features) --- ### [Accelerate](/compliance/velocityehs-profile/) - Overall rating: 4.5/5 - Reviews: 166 - Best for: Value for money - Free trial: Available - Free demo: Not available #### Overview VelocityEHS is different. We’re not just a software company, we’re expert problem solvers who know how to simplify complex issues to deliver exceptional outcomes. Whether you’re a [Read more](/compliance/velocityehs-profile/) #### Features ##### Best rated features - Collaboration Tools: 5/5 - Real-Time Reporting: 5/5 - OSHA Recordkeeping: 4.8/5 - Inspection Management: 4.8/5 ##### Worst rated features - Monitoring: 3.8/5 - Dashboard: 4/5 - Real-Time Monitoring: 4/5 [See all features](/compliance/velocityehs-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/compliance/velocityehs-profile/#pricing-and-plans) --- ### [NAVEX IRM](/product/76152-Navex-IRM/) - Overall rating: 4.7/5 - Reviews: 20 - Starting price: $2,600.00/month - Free trial: Not available - Free demo: Not available #### Overview Recognized as a Leader in the Gartner® Magic Quadrant for both IT Risk Management and IT Vendor Risk Management, NAVEX IRM brings visibility to risks frequently managed in [Read more](/product/76152-Navex-IRM/) --- ### [Noggin](/incident-management/noggin-profile/) - Overall rating: 4.7/5 - Reviews: 9 - Starting price: A$75,000.00/year - Free trial: Not available - Free demo: Not available #### Overview Noggin is a cloud-based incident management platform designed to help organizations manage disruptions through tools for security, resilience, and critical event management. It is [Read more](/incident-management/noggin-profile/) #### Features ##### Best rated features - Alerts/Escalation: 5/5 - Access Controls/Permissions: 5/5 - Alerts/Notifications: 5/5 - Version Control: 5/5 ##### Worst rated features - Risk Reporting: 4/5 - Incident Reporting: 4/5 - Approval Process Control: 4/5 [See all features](/incident-management/noggin-profile/#key-features) --- ### [Ncontracts](/risk-management/ncontracts-profile/) - Overall rating: 4.6/5 - Reviews: 155 - Best for: Customer support - Free trial: Not available - Free demo: Not available #### Overview Ncontracts is a risk management solution designed for banks, credit unions and other financial institutions. It provides an integrated risk management platform that continuously [Read more](/risk-management/ncontracts-profile/) #### Features ##### Best rated features - Risk Scoring: 5/5 - Disaster Recovery: 5/5 - Incident Management: 5/5 - Reporting & Statistics: 5/5 ##### Worst rated features - Alerts/Escalation: 3/5 [See all features](/risk-management/ncontracts-profile/#key-features) --- ### [Sprinto](/compliance/sprinto-profile/) - Overall rating: 4.7/5 - Reviews: 86 - Free trial: Available - Free demo: Not available #### Overview Sprinto is the world's first Autonomous Trust Platform, helping companies from Series A to enterprise run and scale security, compliance, and risk. It detects change across your [Read more](/compliance/sprinto-profile/) #### Features ##### Best rated features - Operational Risk Management: 5/5 - Approval Process Control: 5/5 - HIPAA Compliant: 5/5 - Assessment Management: 5/5 ##### Worst rated features - Real-Time Data: 3/5 - Version Control: 4/5 [See all features](/compliance/sprinto-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/compliance/sprinto-profile/#pricing-and-plans) --- ### [Scrut Automation](/product/514978-Scrut/) - Overall rating: 4.9/5 - Reviews: 139 - Best for: Small businesses - Free trial: Not available - Free demo: Not available #### Overview Scrut Automation is a governance, risk and compliance platform designed to help organizations develop and manage security-focused GRC programs. It supports businesses at various [Read more](/product/514978-Scrut/) #### Features ##### Best rated features - Customizable Forms: 5/5 - Security Auditing: 5/5 - Policy Library: 5/5 - Template Management: 5/5 ##### Worst rated features - Customizable Reports: 4/5 - Support Ticket Management: 4/5 - Policy Training: 4/5 - Enterprise Risk Management: 4/5 [See all features](/product/514978-Scrut/#key-features) --- ### [Onspring](/bpm/onspring-profile/) - Overall rating: 4.8/5 - Reviews: 105 - Best for: Value for money - Free trial: Not available - Free demo: Not available #### Overview Onspring is a cloud-based governance, risk and compliance (GRC) platform that helps streamline business processes and enhance efficiency across various industries. The platform [Read more](/bpm/onspring-profile/) #### Features ##### Best rated features - Policy Creation: 5/5 - Data Security: 5/5 - KRI (Key Risk Indicator) Monitoring: 5/5 - PCI Compliance: 5/5 [See all features](/bpm/onspring-profile/#key-features) --- ### [A1 Tracker](/crm/a1-tracker-profile/) - Overall rating: 4.9/5 - Reviews: 84 - Starting price: $300.00/month - Free trial: Available - Free demo: Not available #### Overview A1 Enterprise provides a dynamic Enterprise Risk Management ERM software "A1 Tracker" to secure a better future for your organization. Product is offered as cloud-based solution [Read more](/crm/a1-tracker-profile/) #### Features ##### Best rated features - Communications Management: 5/5 - Quotes/Estimates: 5/5 - Customer Portal: 5/5 - Collaboration Tools: 5/5 [See all features](/crm/a1-tracker-profile/#key-features) #### Pricing ##### Enterprise - Price: $300.00/month - 5 User Minimum. Monthly and Annual Renewal Options. Implementation costs vary and may include: - [See full pricing details](/crm/a1-tracker-profile/#pricing-and-plans) --- ### [C1Risk](/hipaa-compliance/cyberone-profile/) - Overall rating: 4.9/5 - Reviews: 23 - Starting price: $6,500.00/year - Free trial: Available - Free demo: Not available #### Overview Founded in 2015, C1Risk is a privately held, woman, minority-owned technology company headquartered in Silicon Valley. The 1Risk platform is a cloud-based SaaS, single, integrated, [Read more](/hipaa-compliance/cyberone-profile/) #### Features ##### Best rated features - Audit Trail: 5/5 - Audit Management: 5/5 - Exceptions Management: 5/5 - Mobile Access: 5/5 ##### Worst rated features - Incident Management: 3/5 - Policy Metadata Management: 4/5 - Asset Tracking: 4/5 [See all features](/hipaa-compliance/cyberone-profile/#key-features) #### Pricing ##### Basic - Price: $6,500.00/year [See full pricing details](/hipaa-compliance/cyberone-profile/#pricing-and-plans) --- ### [Accountable](/lms/accountable-profile/) - Overall rating: 4.8/5 - Reviews: 35 - Starting price: $0.00/month - Free trial: Available - Free demo: Not available #### Overview Accountable is a cloud-based compliance and risk management software designed for healthcare practices of all sizes. It helps users manage HIPAA compliance, policies and [Read more](/lms/accountable-profile/) #### Features ##### Best rated features - Course Management: 5/5 - Multi-Physician: 5/5 - Policy Creation: 5/5 - Training Administration: 5/5 ##### Worst rated features - Audit Management: 3.3/5 - Risk Analysis: 4/5 - Vendor Risk Management: 4/5 [See all features](/lms/accountable-profile/#key-features) #### Pricing ##### Training Only - Price: $0.00/month - For teams needing straightforward HIPAA training. +$25 per training certificate ##### Essential - Price: $99.00/month - For teams needing straightforward HIPAA training. +$25 per training certificate - Everything On ##### Full Service - Price: $449.00/month - Ideal for companies wanting white glove service. +$25 per training certificate [See full pricing details](/lms/accountable-profile/#pricing-and-plans) --- ### [Hyperproof](/risk-management/hyperproof-profile/) - Overall rating: 4.8/5 - Reviews: 117 - Starting price: $12,000.00/year - Best for: Ease of use - Free trial: Not available - Free demo: Not available #### Overview Hyperproof is an AI-powered governance, risk, and compliance platform designed to streamline GRC operations. It is used by organizations in industries such as healthcare, [Read more](/risk-management/hyperproof-profile/) #### Features ##### Best rated features - Documentation Management: 5/5 - Activity Dashboard: 5/5 - Assessment Management: 5/5 - Alerts/Notifications: 5/5 ##### Worst rated features - HIPAA Compliant: 1/5 - Customizable Reports: 4.0/5 [See all features](/risk-management/hyperproof-profile/#key-features) --- ### [Tandem Software](/risk-management/tandem-software-profile/) - Overall rating: 4.8/5 - Reviews: 59 - Free trial: Available - Free demo: Not available #### Overview Tandem's web-based application is designed to manage the compliance burden of information security regulations and improve the security posture of each of its users. Tandem is a [Read more](/risk-management/tandem-software-profile/) #### Features ##### Best rated features - Audit Management: 5/5 - Risk Management: 5/5 - Activity Dashboard: 5/5 - Document Storage: 5/5 ##### Worst rated features - Performance Metrics: 3/5 - Sourcing Management: 3/5 - Collaboration Tools: 3.5/5 [See all features](/risk-management/tandem-software-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/risk-management/tandem-software-profile/#pricing-and-plans) --- ### [GOAT Risk](/risk-management/goatrisksolutions-profile/) - Overall rating: 4.7/5 - Reviews: 75 - Starting price: £300.00/year - Free trial: Not available - Free demo: Not available #### Overview GOAT Risk is a cloud-based risk management platform designed for identifying, capturing, assigning, escalating, controlling and reporting on risks. The platform is suitable for [Read more](/risk-management/goatrisksolutions-profile/) #### Features ##### Best rated features - Prioritization: 5/5 - Performance Metrics: 5/5 - Access Controls/Permissions: 5/5 - IT Risk Management: 5/5 [See all features](/risk-management/goatrisksolutions-profile/#key-features) --- ### [6clicks](/pci-compliance/6clicks-profile/) - Overall rating: 4.8/5 - Reviews: 13 - Starting price: $0.00/year - Free trial: Available - Free demo: Not available #### Overview 6clicks is transforming cyber risk and compliance management with its AI-powered platform. It offers a unique Hub & Spoke architecture ideal for distributed GRC programs and [Read more](/pci-compliance/6clicks-profile/) #### Features ##### Best rated features - Real-Time Reporting: 5/5 - Activity Dashboard: 5/5 - Access Controls/Permissions: 5/5 - HIPAA Compliant: 5/5 ##### Worst rated features - Risk Alerts: 4/5 - Reporting/Analytics: 4/5 [See all features](/pci-compliance/6clicks-profile/#key-features) #### Pricing ##### Basic - Price: $0.00/year [See full pricing details](/pci-compliance/6clicks-profile/#pricing-and-plans) --- ### [OneAdvanced Risk Management](/risk-management/decision-time-risks-profile/) - Overall rating: 5/5 - Reviews: 7 - Starting price: £25.00/month - Free trial: Not available - Free demo: Not available #### Overview Decision Time Risks is a cloud-based solution designed to help small to large organizations manage and evaluate risks across departments. Key features include data visualization, [Read more](/risk-management/decision-time-risks-profile/) #### Features ##### Best rated features - Risk Scoring: 5/5 - Alerts/Notifications: 5/5 - Dashboard: 5/5 - Risk Reporting: 5/5 [See all features](/risk-management/decision-time-risks-profile/#key-features) --- ### [Essential ERM](/risk-management/essential-erm-profile/) - Overall rating: 4.7/5 - Reviews: 26 - Starting price: $299.00/month - Free trial: Available - Free demo: Not available #### Overview Essential ERM is enterprise risk management software designed to support risk assessment, compliance tracking, and strategic planning. It is used by organizations across industries [Read more](/risk-management/essential-erm-profile/) #### Features ##### Best rated features - Incident Management: 5/5 - Risk Management: 5/5 - Operational Risk Management: 5/5 - Risk Analysis: 5/5 ##### Worst rated features - Mobile Access: 3/5 [See all features](/risk-management/essential-erm-profile/#key-features) #### Pricing ##### Starter - Price: $299.00/month ##### Teams - Price: Custom - Pricing available upon request ##### Enterprise - Price: Custom - Pricing available upon request [See full pricing details](/risk-management/essential-erm-profile/#pricing-and-plans) --- ### [S2Vendor](/scm/securitystudio-profile/) - Overall rating: 4.9/5 - Reviews: 8 - Free trial: Available - Free demo: Not available #### Overview Backed by more than 100 years of combined information security expertise, SecurityStudio offers solutions to secure information for your organization, your employees, your vendors [Read more](/scm/securitystudio-profile/) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/scm/securitystudio-profile/#pricing-and-plans) --- ### [Audit Prodigy](/audit/audit-prodigy-profile/) - Overall rating: 4.7/5 - Reviews: 14 - Free trial: Available - Free demo: Not available #### Overview Audit Prodigy is a cloud-based audit planning platform that provides solutions for challenging businesses and compliance requirements. Designed by a team of global business [Read more](/audit/audit-prodigy-profile/) #### Features ##### Best rated features - Access Controls/Permissions: 5/5 - User Management: 5/5 - Customizable Templates: 5/5 - Risk Assessment: 5/5 ##### Worst rated features - Data Visualization: 4/5 [See all features](/audit/audit-prodigy-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/audit/audit-prodigy-profile/#pricing-and-plans) --- ### [illumend](/product/319791-illumend/) - Overall rating: 4.7/5 - Reviews: 47 - Free trial: Not available - Free demo: Not available #### Overview illumend is an AI-native insurance compliance platform that helps businesses track the certificates of insurance (COIs) they collect from subcontractors, vendors, tenants and other [Read more](/product/319791-illumend/) #### Features ##### Best rated features - Policy Management: 4.8/5 - Activity Dashboard: 4.3/5 - Document Management: 3/5 - Monitoring: 2/5 ##### Worst rated features - Workflow Management: 1/5 - Certification Tracking: 2/5 - Monitoring: 2/5 - Document Management: 3/5 [See all features](/product/319791-illumend/#key-features) --- ### [Rivial Data Security](/financial-risk-management/rivial-data-security-profile/) - Overall rating: 4.8/5 - Reviews: 11 - Free trial: Not available - Free demo: Not available #### Overview Rivial Data Security enables organizations to accurately measure their risk, automate compliance, and mature their cybersecurity program. Our six-module platform, which includes [Read more](/financial-risk-management/rivial-data-security-profile/) #### Features ##### Best rated features - Vulnerability Assessment: 5/5 - Vulnerability Protection: 5/5 - Access Controls/Permissions: 5/5 - Assessment Management: 5/5 [See all features](/financial-risk-management/rivial-data-security-profile/#key-features) --- ### [Aperitisoft](/risk-management/aperitisoft-profile/) - Overall rating: 5/5 - Reviews: 4 - Starting price: $1,250.00/month - Free trial: Not available - Free demo: Not available #### Overview Aperitisoft software has the ability to provide qualitative or quantitative risk assessments to support the decision making process of a business. Features include survey tools, a [Read more](/risk-management/aperitisoft-profile/) --- ### [Case IQ](/product/138289-Case-IQ/) - Overall rating: 4.7/5 - Reviews: 12 - Free trial: Not available - Free demo: Not available #### Overview Case IQ is a cloud-based investigative case management solution that helps organizations track and manage workplace incidents on a unified dashboard. It offers an intuitive and [Read more](/product/138289-Case-IQ/) #### Features ##### Best rated features - Alerts/Notifications: 5/5 - Reporting/Analytics: 5/5 - Self Service Portal: 5/5 - Case Management: 5/5 ##### Worst rated features - Access Controls/Permissions: 1/5 [See all features](/product/138289-Case-IQ/#key-features) --- ### [EcoOnline](/capa/alcumus-ecompliance-profile/) - Overall rating: 4.6/5 - Reviews: 123 - Starting price: $0.01/month - Best for: Ease of use - Free trial: Available - Free demo: Not available #### Overview EcoOnline delivers uncomplicated environment, health and safety (EHS), chemical management and ESG/sustainability technology solutions to forward-thinking leaders. Safeguarding [Read more](/capa/alcumus-ecompliance-profile/) #### Features ##### Best rated features - Customizable Fields: 5/5 - Dashboard: 5/5 - Quality Control: 5/5 - API: 5/5 ##### Worst rated features - Reporting/Analytics: 3.3/5 - Mobile Access: 3.6/5 [See all features](/capa/alcumus-ecompliance-profile/#key-features) #### Pricing ##### Basic - Price: $0.01/month [See full pricing details](/capa/alcumus-ecompliance-profile/#pricing-and-plans) --- ### [ecoPortal](/ehs/ecoportal-profile/) - Overall rating: 4.6/5 - Reviews: 53 - Free trial: Available - Free demo: Not available #### Overview ecoPortal is your long-term partner in building safer, healthier workplaces. Our health and safety management platform encourages worker engagement, making it easy for everyone in [Read more](/ehs/ecoportal-profile/) #### Features ##### Best rated features - Version Control: 5/5 - ISO Compliance: 5/5 - Environmental Compliance: 5/5 - Compliance Management: 4.9/5 ##### Worst rated features - Risk Scoring: 3/5 - Dashboard: 3/5 - Reporting/Analytics: 3/5 [See all features](/ehs/ecoportal-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/ehs/ecoportal-profile/#pricing-and-plans) --- 1 [2](https://www.softwareadvice.com/risk-management/integrated-risk-management-comparison/?__ai_markdown=true&page=2)[3](https://www.softwareadvice.com/risk-management/integrated-risk-management-comparison/?__ai_markdown=true&page=3)[4](https://www.softwareadvice.com/risk-management/integrated-risk-management-comparison/?__ai_markdown=true&page=4)[5](https://www.softwareadvice.com/risk-management/integrated-risk-management-comparison/?__ai_markdown=true&page=5) ... [8](https://www.softwareadvice.com/risk-management/integrated-risk-management-comparison/?__ai_markdown=true&page=8) ## Popular Comparisons [ Mitti (by SafetyCulture) vs Optro ](https://www.softwareadvice.com/cmms/iauditor-profile/vs/soxhub/)[ Onspring vs Pirani ](https://www.softwareadvice.com/bpm/onspring-profile/vs/pirani-riskment-suite/)[ Cority vs Accelerate ](https://www.softwareadvice.com/emissions-management/iqs-profile/vs/velocityehs/)[ Hyperproof vs Ncontracts ](https://www.softwareadvice.com/risk-management/hyperproof-profile/vs/ncontracts/)[ Sprinto vs Scrut Automation ](https://www.softwareadvice.com/compare/339129-sprinto/vs/514978-Scrut/)[ Resolver vs LogicGate ](https://www.softwareadvice.com/pci-compliance/grc-cloud-profile/vs/logicgate/) Efforts to manage organizational risks yield better results when there is a data-based approach. Integrated risk management software adds to that approach by collecting key risk indicator (KRI) data and computing risk across a range of categories. This intelligence informs many decisions about risk management, compliance, and operations. This buyers guide will explain how integrated risk management software helps companies make better decisions. Here’s what we’ll cover: - [What is integrated risk management software?](#Whatisintegratedriskmanagementsoftware) - [Common features of integrated risk management software](#Commonfeaturesofintegratedriskmanagementsoftware) - [What type of buyer are you?](#Whattypeofbuyerareyou) - [Benefits of integrated risk management software](#Benefitsofintegratedriskmanagementsoftware) - [Market trend to understand](#Markettrendtounderstand) ## What is integrated risk management software? Integrated risk management software is a tool that helps companies measure and address various kinds of business risks. For example, it helps ensure compliance with policies and regulations. Integrated risk management software improves upon older governance, risk, and compliance/controls (GRC) tools. GRC tools mostly focus on government regulations and audits and stop short of offering top-to-bottom insights into all the risks an organization faces. That’s where advanced integrated risk management software comes in. ## Common features of integrated risk management software Most integrated risk management platforms offer some or all of the following features: | Feature | Description | | --- | --- | | Dashboard | Review all your bottom-line statistical insights in graphs and charts in one location. | | Key risk indicator monitoring | Allow managers to define risk thresholds, observe trends, drill down on metadata, and benchmark goals for various entities. Link directly to controls for compliance and auditing purposes. | | Risk assessment | Collect and analyze key data about enterprise risk. Monitor industry-specific controls and business processes. | | Risk mitigation planning | Develop strategies for risk avoidance, control, transfer, or assumption. | | Compliance management | Track and manage failures to comply with policy in services, products, processes, and supplier behavior. | | Risk repository | Consolidate risks and supporting risk reports into a single source of truth for your organization. Access this repository on premise or remotely through the cloud. | | Response management | Track risk status and remediation efforts from a centralized location. Initiate corrective and preventive actions (CAPA) at the root cause of errors to avoid recurrence. | --- ## What type of buyer are you? Choosing the right integrated risk management software begins with understanding what type of buyer you are. Most buyers fall into one of the following categories. **Small businesses:** Many companies with fewer than 100 employees and no IT department may have never used any kind of risk management software before. Look for entry-level integrated risk management software that offers the basic features your company actually needs. Flashy features and attractive displays are less important than selecting a solution that your team can understand and use. **Midsize businesses:** Companies with 100 to 1,000 employees tend to have more sources of risk than smaller firms do. Look for solutions that offer deeper customization and KRI benchmarking. Compliance tools should automatically collect data about adherence to company policies and regulatory obligations. Consider integrated risk management tools designed for your industry. **Enterprise businesses:** Companies with more than 1,000 employees need richer entity segmentation to track controls by department, business segment, or region. If your risk managers travel or are responsible for multiple facilities, they may prefer cloud access over on-premise solutions. Also, you can improve transparency by choosing a solution that gives your employees access to employee-focused risk dashboards. ## Benefits of integrated risk management software Integrated risk management software offers many data-driven benefits to risk managers and the organizations they protect: - **Create a proactive, risk-aware culture:** Naming and addressing risks helps decision makers at every level choose more calculated options. - **Make better use of risk reporting analytics:** Monitor each risk's trends and progression. Quantify the real business impact of your risk management decisions. Heat maps, scorecards, graphs, pie charts, and other visualizations summarize complex data at a glance. - **Prioritize risks by assigning accurate scores:** Assign and assess values for each risk you define. Evaluate risks based on each scenario's likelihood (from "rare" to "almost certain") and impact (from "insignificant" to "catastrophic"). - **Stay organized throughout the risk life cycle:** Define new risks at any time and monitor them in context alongside all your other risk mitigation priorities. ## Market trend to understand **Risk managers are beginning to calculate risks based on all business decision-making, not just regulatory compliance.** For example, a perfectly compliant organization may enact business strategies that prove unpopular among employees. Simple risk management or GRC software would only quantify risks based on compliance with regulations and internal policies. However, integrated risk management software is considered "integrated" because it could be configured to factor in the likelihood and financial impact of an employee strike or other union action. Integrated risk management software quantifies complex variables to provide a complete picture of organizational risk. This data helps companies make better strategic decisions while also addressing traditional GRC objectives. ### Related Integrated Risk Management Software - [AML Software](https://www.softwareadvice.com/aml/) - [Bot Detection and Mitigation Software](https://www.softwareadvice.com/bot-detection-and-mitigation/) - [CTRM Software](https://www.softwareadvice.com/ctrm/) - [Click Fraud Software](https://www.softwareadvice.com/click-fraud/) - [Data Loss Prevention Software](https://www.softwareadvice.com/data-loss-prevention/) - [Financial Fraud Detection Software](https://www.softwareadvice.com/financial-fraud-detection/) - [Financial Risk Management Software](https://www.softwareadvice.com/financial-risk-management/) - [KYC Software](https://www.softwareadvice.com/kyc/)