Best Risk Management Software for Small Businesses (Free & Paid)

Running a small business comes with unique challenges, including tight budgets and limited resources. That’s why choosing the right risk management software can significantly improve your workflow and help you compete more effectively. Here, we feature the top risk management software solutions designed for small businesses—offering affordable pricing, user-friendly interfaces, and scalable features that grow alongside your company.

Last Updated: October 01, 2025

  • All Software All Software

1020 Software

Popular Picks in Risk Management Software

AuditBoard

AuditBoard

Contact Vendor

Diligent One Platform

Diligent One Platform

Contact Vendor

Hyperproof

Hyperproof

Contact Vendor

LogicGate Risk Cloud

LogicGate Risk Cloud

Contact Vendor

List of Top Best Risk Management Software for Small Businesses

Pricing Options

Monthly Subscription

Annual Subscription

One-Time Payment

Quote Based

Features

No Features

Company Size

Self Employed

Small Business

Medium Business

Enterprise

I'm looking for Risk Management Software that is:

Access Rights Manager is an advanced compliance software designed to streamline and secure the management of user access rights within organizations. It offers a comprehensive platform for controlling, monitoring, and auditing access permissions to critical systems and data with precision and ease. Access Rights Manager features intuitive user provisioning tools, automated access workflows, and re... Read more about Access Rights Manager

Free Trial

Available

Pricing Type

$3444 Per feautre

Location

United States

Bugcrowd is a cybersecurity software platform that helps organizations identify vulnerabilities and secure their digital assets by leveraging the power of crowdsourced security testing. Bugcrowd connects businesses with a global network of ethical hackers and security researchers who perform penetration testing, vulnerability assessments, and bug bounty programs to uncover weaknesses in systems be... Read more about Bugcrowd

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Risk Analysis is an advanced risk management software that enables organizations to identify, assess, and mitigate potential risks effectively. Featuring a user-friendly interface, it provides comprehensive tools for modeling various risk scenarios, analyzing their potential impacts, and generating detailed reports. Users can customize dashboards to visualize data in real-time, enabling quick deci... Read more about Risk Analysis

Free Trial

NA

Pricing Type

Contact Vendor

Location

United Kingdom

RSA Archer Suite is a robust risk management software that provides organizations with the tools to identify, analyze, and address risk across their operations. It offers a centralized platform for managing various risk domains, including operational, regulatory, and IT risk, enabling companies to standardize their risk management practices. RSA Archer’s customizable workflows and reporting feat... Read more about RSA Archer Suite

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Carbonite is a cloud-based backup software solution designed to protect businesses' critical data from unexpected loss due to hardware failure, cyberattacks, or natural disasters. The software automatically backs up files, folders, and entire systems to secure off-site cloud storage, providing peace of mind in the event of a disaster. Carbonite offers several backup options, including personal and... Read more about Carbonite

Free Trial

Available

Pricing Type

$4.92 Per month

Location

Canada

Data Center Automation is a vulnerability management software that helps organizations secure their data centers by identifying and mitigating potential security risks. The software provides tools for scanning and assessing vulnerabilities across servers, network devices, and applications, offering a proactive approach to cybersecurity. Data Center Automation’s dashboard displays real-time insig... Read more about Data Center Automation

Free Trial

NA

Pricing Type

Contact Vendor

Location

Canada

Backblaze B2 Cloud Storage is a versatile cloud storage solution designed for developers, businesses, and IT professionals. It offers scalable and reliable object storage with a simple pricing model, making it suitable for various data storage needs. Backblaze B2 Cloud Storage provides secure and durable storage, featuring server-side encryption and redundant data centers for added reliability. Us... Read more about Backblaze B2 Cloud Storage

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

UpGuard is a cybersecurity software designed to help businesses protect their digital assets and manage their security posture. The platform offers tools for monitoring IT infrastructure, identifying vulnerabilities, and managing third-party risks. UpGuard’s continuous monitoring capabilities provide real-time insights into security risks, enabling businesses to take proactive measures to preven... Read more about UpGuard

Free Trial

Available

Pricing Type

$29 Per user

Location

United States

ManageEngine Log360, a unified SIEM solution for your SOCs.

ManageEngine Log360 is a comprehensive network monitoring and security information and event management (SIEM) solution designed to help organizations detect, respond to, and mitigate security threats in real time. The software aggregates logs from various network devices, servers, applications, and databases to provide a unified view of network activity. ManageEngine Log360 offers powerful analyt... Read more about ManageEngine Log360

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Take charge of your sensitive data with DataSecurity Plus

ManageEngine DataSecurity Plus is a comprehensive data discovery software that helps businesses protect sensitive data by providing detailed insights into where and how data is stored, used, and accessed. The software scans file systems, servers, and cloud storage to identify and classify sensitive information, including personal data, financial records, and intellectual property. With its powerfu... Read more about ManageEngine DataSecurity Plus

Free Trial

Available

Pricing Type

$745 Per user

Location

United States

Transform your unstructured data into powerful business insights

FileAnalysis is a specialized vulnerability management software that helps organizations identify, assess, and mitigate security risks in their files and systems. It scans your entire IT infrastructure to detect vulnerabilities, such as outdated software, weak security configurations, and sensitive data exposure, providing a detailed report of potential threats. The software classifies risks based... Read more about FileAnalysis

Free Trial

Available

Pricing Type

$95 Per year

Location

United States

Secure the Human Layer. Contain the Mobile Threat.

Lookout is an advanced cybersecurity software solution designed to protect mobile devices and sensitive data from evolving cyber threats. This platform offers comprehensive security features, including malware detection, data encryption, and secure browsing, ensuring users can operate safely in today’s digital landscape. Lookout’s user-friendly interface makes it easy for individuals and organ... Read more about Lookout

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Kroll Compliance Portal is a powerful risk management software that supports organizations in maintaining compliance and managing regulatory risks effectively. Designed for industries with stringent compliance requirements, this platform enables users to perform due diligence, monitor transactions, and track potential threats across global operations. Kroll Compliance Portal offers robust tools fo... Read more about Kroll Compliance Portal

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Cost of Capital Navigator is a financial risk management software that helps businesses and financial institutions accurately calculate and navigate their cost of capital, enabling better investment and financial decision-making. The software provides in-depth tools for analyzing capital structure, determining weighted average cost of capital (WACC), and evaluating various financing options. Cost ... Read more about Cost of Capital Navigator

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

D&B Finance Analytics is a cutting-edge financial risk management software that provides businesses with tools to assess, manage, and mitigate financial risks. With powerful data analytics and real-time monitoring capabilities, the software enables companies to make informed decisions and optimize their financial strategies. D&B Finance Analytics delivers comprehensive insights into key financial ... Read more about D&B Finance Analytics

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

D&B Risk Analytics is a powerful risk management software designed to help businesses identify, assess, and mitigate financial and operational risks. Using data from Dun & Bradstreet, this software provides insights into potential risks related to customers, suppliers, and partners. D&B Risk Analytics includes predictive analytics tools that assess the financial health of companies and forecast po... Read more about D&B Risk Analytics

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Hexagon J5 is a robust incident management software designed to help organizations effectively handle and resolve incidents in a timely and efficient manner. The platform offers a comprehensive suite of tools for incident reporting, tracking, and resolution, ensuring that all incidents are addressed promptly and systematically. With features such as real-time incident logging, automated workflow a... Read more about Hexagon J5

Free Trial

NA

Pricing Type

Contact Vendor

Location

Sweden

SDx is a comprehensive enterprise content management (ECM) software designed to help organizations efficiently manage, store, and retrieve their digital content. The platform offers a robust suite of tools for document management, collaboration, and workflow automation, ensuring that all content is organized, secure, and easily accessible to authorized users. With features such as version control,... Read more about SDx

Free Trial

NA

Pricing Type

Contact Vendor

Location

Sweden

Versatile & Robust Project Management Software

Wrike, a dynamic project management platform, revolutionizes team collaboration with its user-friendly features. Designed for simplicity, Wrike empowers teams to plan, track, and manage projects seamlessly. The platform's customizable dashboards offer real-time insights, enhancing decision-making processes. Wrike's flexibility adapts to various work styles, making it suitable for diverse teams and... Read more about Wrike

Free Trial

14 Days

Pricing Type

$10 Per month

Location

United States

Enablon Risk Management is a powerful software solution designed to help organizations identify, assess, and mitigate risks across their operations. This comprehensive platform provides tools for risk assessment, incident management, and compliance tracking, ensuring that businesses can effectively manage their risk exposure. With Enablon, users can create risk profiles, establish risk mitigation ... Read more about Enablon Risk Management

Free Trial

Available

Pricing Type

$50000 Per user

Location

United States

Core Impact is a risk management software solution designed to help businesses identify, assess, and mitigate security risks across their systems and networks. The platform provides a comprehensive approach to vulnerability assessment by simulating real-world attacks to identify potential weaknesses in infrastructure. Core Impact offers tools for penetration testing, network scanning, and threat a... Read more about Core Impact

Free Trial

Available

Pricing Type

$9000 Per user

Location

United States

Terranova Security Awareness Platform is a training software that helps organizations educate employees on cybersecurity best practices. It offers a range of interactive training modules covering topics such as phishing prevention, password security, and data protection. The platform provides customizable training paths to suit different job roles and risk levels within the organization. Terranova... Read more about Terranova Security Awareness Platform

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Adaptive application security for the AI era

Veracode is a comprehensive risk management software designed to help organizations manage and mitigate security risks in their software development lifecycle. It provides tools for identifying, assessing, and remediating vulnerabilities in applications, helping businesses secure their software before it reaches production. Veracode’s automated code scanning and dynamic testing solutions enable ... Read more about Veracode

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Moody's Pulse is a comprehensive risk management software designed to help businesses identify, assess, and mitigate risks across various domains, including financial, operational, and compliance risks. The software leverages advanced analytics and data visualization tools to provide a clear picture of potential risks, enabling organizations to make proactive decisions. Moody's Pulse offers custom... Read more about Moody's Pulse

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Compliance Catalyst is an innovative risk management software designed to help businesses identify, monitor, and mitigate risks associated with regulatory compliance. This platform combines automated data collection with advanced analytics to provide an in-depth view of risk exposure across multiple compliance areas. Compliance Catalyst’s risk scoring and prioritization tools allow organizations... Read more about Compliance Catalyst

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

No buyer guide found.