Best Operational Risk Management Software for Cloud
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Compare the Top Operational Risk Management Software for Cloud as of September 2024
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What is Operational Risk Management Software for Cloud?
Operational risk management software is a type of software designed to help organizations identify, mitigate and manage their operational risks. It provides automation, visibility, and analytical insights into the assessment of potential risks associated with business operations. The software analyzes operational data points such as customer service, compliance requirements, supply chain disruptions, digital security threats and more to provide an early warning system to alert organizations of potential losses due to these risks. It also helps them develop actionable strategies for responding effectively in real-time or other situations that might lead to operational loss. Operational risk management software can be used across multiple industries including finance, healthcare, legal and manufacturing. Compare and read user reviews of the best Operational Risk Management software for Cloud currently available using the table below. This list is updated regularly.
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1
Camms.Risk
Camms
Enabling your GRC success through Camms powerful, agile and scalable software. Effective Governance, Risk and Compliance (GRC) management demands software capabilities to facilitate the sharing of data and insights across your wider risk landscape to drive agility and decision making – That’s where we come in! We understand that every business will have different pain points, be at varying stages of maturity and have different objectives. We deliver solutions for those struggling with spreadsheets or at an Enterprise level, and all in between. Our experience, coupled with our comprehensive, flexible cloud-based offering, allows you to focus on your immediate needs, deliver, and scale as you grow. -
2
Onspring
Onspring GRC Software
Onspring is an award-winning GRC automation and reporting software. Our SaaS platform is known for flexibility and ease of use for end-users and administrators. Simple, no-code, drag-and-drop functionality makes it easy to create new applications, workflows, and reports independently without IT or developers. - Manage a centralized risk register with multiple hierarchies - Keep tabs on financial impacts & probabilities based on risk tolerance - Capture & relate financial, operational, reputational & third-party risks - Map controls to regulations, frameworks, incidents & risks - Remediate findings through workflows or the POA&M process Ready-made products get you started in as quickly as 30 days: - Governance, Risk & Compliance Suite - Risk Management - Third-party Risk - Controls & Compliance - Audit & Assurance - Policy Lifecycles - CMMC - BC/DR FedRAMP moderate environment available.Starting Price: $20,000/year -
3
TenForce
TenForce
Complete EHSQ solution designed for manufacturing, utility and government organizations that allows plant managers to track, analyze and report on their EHSQ processes. Our solution automates workflows, centralizes data and simplifies collaboration. TenForce offers various integrated modules to help streamline processes such as Audits, Incident Management, Lockout/Tagout (LOTO), Permit to Work, Management of Change, and Shift Management. It offers mobile capabilities, which allow field workers and inspectors to access the software on mobile devices. Its built-in data analytics and reporting functionality enables managers to gain insights into the processes and risks of their industrial plants or public infrastructure assets. This visibility helps them address environmental, health, safety, quality, and compliance issues. TenForce helps manufacturers optimize their established processes while minimizing incidents.Starting Price: $7000 per year -
4
Resolver
Resolver
Resolver gathers all risk data and analyzes it in context — revealing the true business impact within every risk. Our Risk Intelligence Platform traces the extended implications of all types of risks — whether compliance or audit, incidents or threats — and translates those effects into quantifiable business metrics. Finally, risk becomes a key driver of opportunity instead of being disconnected from the business. Choose the risk intelligence software used by over 1000 of the world’s largest organizations. Resolver makes it easy to collaborate and collect data from across the enterprise, allowing teams to fully understand their risk landscape and control effectiveness. Understanding your data is one thing; being able to use it to drive vital action. Resolver automates workflows and reporting to ensure risk intelligence turns into risk reduction. Welcome to the new world of Risk Intelligence.Starting Price: $10,000/year -
5
Predict360
360factors
Optimize your organization's operational risk management with Predict360’s comprehensive software solution. Predict360 enables you to identify, assess, and mitigate operational risks effectively through advanced analytics, real-time monitoring, and automated workflows. The platform provides a centralized view of all operational risks, enhancing your ability to manage and respond to potential threats. With configurable risk assessment templates, robust reporting tools, and seamless integration with other enterprise systems, Predict360 ensures consistency and efficiency in managing operational risks. The software supports regulatory compliance, aligning your risk management practices with industry standards. Empower your organization with Predict360’s Operational Risk Management software to build a resilient risk culture, improve decision-making, and achieve your strategic objectives.Starting Price: $1,500 / month -
6
VelocityEHS
VelocityEHS
We deliver EHS management software that solves complex business challenges in simple ways. Our implementations are quicker, cost less and are more successful than traditional enterprise software systems. The real value of our solution is not the software itself, but how well it helps you do your job and achieve your goals — across departments, facilities, locations, and continents. Our true cloud solutions are simple enough for your frontline people to use on the fly, and sophisticated enough for you to run global, best-in-class programs — right out of the box. VelocityEHS brings together the industry’s most trusted solutions for managing risk, industrial hygiene, environmental concerns, hazards and incidents, training and much more. And we are the only source for MSDSonline chemical management and Humantech industrial and office ergonomics solutions. See why more than 18,000 customers worldwide trust us to simplify their complex compliance challenges. -
7
Hyperproof
Hyperproof
Hyperproof makes building out and managing your information security frameworks easy by automating repetitive compliance operation tasks so your team can focus on the bigger things. The Hyperproof solution also offers powerful collaboration features that make it easy for your team to coordinate efforts, collect evidence, and work directly with auditors in a single interface. Gone are the days of uncertainty around audit preparation and compliance management process. With Hyperproof you get a holistic view of your compliance programs with progress tracking, program health monitoring, and risk management. -
8
StandardFusion
StandardFusion
A GRC solution for technology-focused SMB and Enterprise Information Security teams. StandardFusion eliminates spreadsheet pain by using a single system of record. Identify, assess, treat, track and report on risks with confidence. Turn audit-based activities into a standardized process. Conduct audits with certainty and direct access to evidence. Manage compliance to multiple standards; ISO, SOC, NIST, HIPAA, GDPR, PCI-DSS, FedRAMP and more. Manage vendor and 3rd party risk, and security questionnaires easily in one place. StandardFusion is a Cloud-Based SaaS or on-premise GRC platform designed to make InfoSec compliance simple, approachable and scalable. Connect what your organization does, with what your organization needs to do.Starting Price: $1800 per month -
9
GOAT Risk
GOAT Risk Solutions Limited
GOAT Risk™ Easy to use, low cost, risk management software. The pain free way to manage risk - so you can get on with managing your business. With GOAT’s simple, secure, low cost risk management software tool, you can collaborate, manage, track and report on your business risks anywhere in the world, all for the price of a daily coffee. Subscriptions from as little as £30 per month. Perfect for non-risk experts: Built by risk experts - so you don't have to be one. Packed with pre-populated templates, risk tips, explanations and definitions, so anyone can use it without prior training. Works 'straight out of the box': No lengthy consultation periods or drawn-out, costly implementations. It's ready to use straight out of the box. Start managing your risks in a matter of minutes. Low cost, transparent pricing: Choose a plan based on your needs from as little as £30p/m. Cancel at any time. It's risk free!Starting Price: £30 per month -
10
Fusion Framework System
Fusion Risk Management
Fusion Risk Management's software, the Fusion Framework System, enables you to understand how your business works, how it breaks, and how to put it together again. Our platform provides easy, visual, and interactive ways to explore every aspect of your business so you can identify single points of failure and key risks. Achieve resilience with greater speed and efficiency with Fusion’s flexible and integrated suite of platform capabilities that can be tailored to best fit the needs of your organization. We meet you wherever you are on your journey for more resilient operations. - Map critical service and product delivery processes as they actually are - Leverage objective risk insights that help you audit, analyze, and improve your business operations - Plan, orchestrate, and measure risk management and resilience activities with confidence - Leverage automation to reduce the burden of manual, time-consuming, repetitive tasks, freeing teams for higher value activities -
11
SmartCompliance
SmartCompliance
Insurance tracking and compliance management solutions. Self-service & full-service solutions that automate certificate of insurance or proof of insurance renewals, eliminate manual data entry, & help ensure compliance. COI tracking software and services that manage the time-consuming process of collecting certificates of insurance, sending renewal requests and confirming third-party compliance. Proof of insurance tracking software and services that help property managers easily track tenant policies to ensure coverage & compliance with renter’s insurance requirements. Certificate issuance solution and services that relieve the burden of creating, delivering, storing and managing certificates of insurance. Experience for yourself why SmartCompliance is the most trusted provider for certificate of insurance or proof of insurance tracking, issuance, and compliance management. -
12
AdaptiveGRC
C&F
Working with companies from regulated industries, we've realized that many find carrying out GRC tasks time-consuming and ineffective. That's why we created AdaptiveGRC, a comprehensive solution designed to coordinate governance, risk, and compliance fully. The difference between success and failure is the ability to measure, monitor, and manage your GRC activities rapidly and efficiently. The tool reduces the manual work and allows you to focus on things that really matter. Each AdaptiveGRC module can be used as an individual and discrete solution or deployed as part of a fully integrated GRC framework. Whether you use a single module, multiple modules or the full solution suite, your organization will benefit from the operational efficiencies and instant management reports. Struggling to figure out spreadsheets and automation? Our experts are here to help. Let's set up a call and explore the possibilities of streamlining GRC together.Starting Price: $750/month -
13
JCAD CORE
JCAD
JCAD CORE is a fully customizable compliance and risk management software solution. Our latest version, CORE 5, is available in the Autumn and offers a fresh new interface and great new features. This intuitive, cloud-based solution offers businesses with a robust framework that enables controlled management of risk and compliance with a clear link to strategies and objectives. JCAD CORE's clients span a variety of industries, including housing, education, utilities, and government sectors. Plus, the solution effectively helps businesses manage a range of compliance regulations such as financial compliance, covenants, contracts, and health and safety assessment.Starting Price: $5000.00/year -
14
GlobalSUITE
GlobalSuite
Deploy and go: GlobalSUITE Solutions applications make it easy for you to comply with industry frameworks and ensure you work with best practices from a broad repository of international standards controls and specific regulations. The solution allows you to improve the management of your Security and Cybersecurity System by leaving behind manual methods that reduce the effectiveness of the equipment. Our clients start working from day one, without the need to invest time loading compliance catalogs, risk catalogs and controls, methodologies, etc. Everything is ready to optimize times and allow you to focus on the most important thing, your goals. We help you with a risk analysis adaptable to any methodology with the possibility of carrying out an assessment of them with risk maps and automatic dashboards. The solution allows you to make an automatic adequacy plan with workflows that offer you a comparison between periods, in addition to the history of compliance. -
15
Continuum GRC
Continuum GRC
Continuum GRC's integrated risk management solution provides a roadmap to risk reduction by delivering comprehensive, customizable, and intuitive enterprise solutions. Business operations are a complex mixture of people, processes, and technology. Enterprise and operational risk management is the singular, most important central point of aggregation for organizational risk. Continuum GRC provides a global solution to identify, assess and monitor risks consistently across the enterprise, auto-mapping between all the world's standards. Continuum GRC provides a risk-based approach to audit and regulatory controls management and consolidates the entire process within a single source of truth. Governance and policy controls management serves as the foundation for a program by outlining the structure, authority, and processes required for the organization through the clearly defined governance structure, stratification of authority, defined and well-communicated policies, etc.Starting Price: 5800.00 -
16
Stratsys Meetings
Stratsys
With our meeting tool, your meetings become more effective and organized in a click. Share the agenda with your team, assign tasks and make sure everyone has the correct information. We call this meeting simplicity. Set the agenda and share it with your team to make sure everyone has the relevant information. Participants gets summarized information in their inbox before the meeting and can add their own agenda items and attachments. Alright, it’s time for the meeting! Take notes, add decisions and assign tasks in real-time. Those responsible for action get instant notification with a personal to-do list sent to their inbox. Without further ado, you’re already one step ahead. Forgetfulness is human. So, to make sure that no task gets left behind, we send you a daily reminder until your assigned task is completed. When it’s time for your next meeting, everyone can easily access the tasks assigned and notes from the previous meeting, and check accomplished tasks off the list.Starting Price: $6 per month -
17
DCDR
DCDR
DCDR lets you make better risk-based decisions in a fraction of the time of other tools. DCDR (decider) is intuitive risk management software that lets you manage your risks rather than managing your risk management software. Collect, assess and visualize all your risk management data in one place, then run fast, clear reports to share your findings with your key decision-makers. DCDR speeds up and simplifies the risk management process and contains all the tools you need from audit templates, governance guides and incident reporting. DCDR is available as a cloud-based app or can support on-premises data-storage to comply with your INFOSEC and IT security policies.Starting Price: $49.95 -
18
Pulse
Pulse
Pulse is an improvement-focused EHS platform. Move from issue detection to action at lightning speed. Modern interface and great support to ensure quick adoption. Your team will love the ease of use and power. Designed to support large, security-sensitive enterprise organizations. Create powerful workflows and see a unified view of your business by connecting any of your tools. Built for great native app experience on the mobile devices. Upload your ready template, choose from the available options on our application or build your own from scratch. Use conditional logic while building templates. Schedule inspections on a daily/weekly/monthly/ad-hoc basis for your team in minutes and assign tasks to them. Your team can easily upload multiple photos and annotate them as well. Share your completed reports with your seniors or teammates for evaluation. Leave any of your additional insightful messages along with it.Starting Price: $14 per user per month -
19
Ncontracts
Ncontracts
Ncontracts is a leading provider of SaaS-based risk management and compliance solutions financial services companies. Our GRC solutions help more than 4,000 banks, credit unions, mortgage companies, fintechs, and trusts achieve their risk management and compliance goals with a powerful combination of user-friendly, cloud-based software and expert services. Our suite of solutions covers all aspects of enterprise risk management, including vendor management, compliance, lending compliance, business continuity, audit and findings management, company culture alignment, and cybersecurity. Ncontracts was named to the Inc. 5000 fastest-growing private companies in America for the fourth consecutive year in 2022. -
20
LogicGate Risk Cloud
LogicGate
LogicGate’s leading GRC process automation platform, Risk Cloud™, enables organizations to transform disorganized risk and compliance operations into agile process applications, without writing a single line of code. LogicGate believes that flexible, easy-to-use enterprise technology can change the trajectory of organizations and the lives of their employees. We are dedicated to transforming the way companies manage their governance, risk, and compliance (GRC) programs, so they can manage risk with confidence. LogicGate’s Risk Cloud platform and cloud-based applications, combined with raving fan service and expertly crafted content, enable organizations to transform disorganized risk and compliance operations into agile processes, without writing a single line of code. -
21
Noggin
Noggin
Noggin is an industry-leader in safety and security technology with its next-generation, cloud-based software platform. The award-winning Noggin platform provides an all-hazards approach to safety and security management, housing all of the tools needed to help make informed decisions and respond effectively to any incident, large or small. Noggin’s software platform includes solutions for: crisis management, business continuity, environmental health and safety, emergency management, security management, and case management. -
22
VComply
VComply Technologies
VComply’s integrated GRC software suite empowers compliance & risk teams to collaborate digitally, providing 360-degree visibility into an organization's compliance & risk programs. It is easy to set up VComply and configure settings for managing your compliance programs. The implementation team is with you at every step of the implementation process! VComply’s integrated workflows and frameworks for regulations like SOX, PCI, GDPR, and ISO help automate repeatable tasks, bring in transparency, and improve collaboration. Provides powerful reports and intuitive dashboards to help businesses gain real-time insights into the organization’s compliance data and risk exposure. Keep track of upcoming compliance deadlines with real-time calendar alerts. The sync feature helps users sync their compliance events in Google and Outlook calendars.Starting Price: $3999/year -
23
Traklight
Traklight
Do you have a valuable business idea that you need to protect before executing? Have you started your business without thinking about protecting your IP? Are you growing but do not have the money to figure out your IP or a strategy to protect that IP? Perhaps IP just plain worries you. These scenarios are all incredibly common, and that’s where Traklight comes in. Don’t wait until you lose your IP. We believe you should never lose your ideas, infringe on others’ ideas, nor fear IP concepts. We also believe you shouldn’t have to worry about protecting your trade secrets, finding your dates of first use or publication, nor proving you thought of something first. Traklight helps you identify, protect, and leverage your ideas for your startup, invention, or business. We’re fast, affordable, and accessible, but most importantly, we’re here to help you succeed and grow.Starting Price: $199 one-time payment -
24
UXRisk
Proactima
Build all your GRC and management system workflows on one platform. Our risk assessment workflows are built around the complete assessment process, from planning, identifying risk, assessing risk, establishing a plan for mitigation including assigning responsibilities and action tracking. When you work with risk management in UXRisk, we have worklows that are compliant with most recognized standards such as ISO 31000, COSO, ISO 14001, ISO 27001, OSHA, PMI Project Risk Management and others. Supporting a wide range of qualitative risk assessment methods such as HAZID, HAZOP, bow-tie, and others. Our audit workflow lets you plan, carry out and follow up audits, supervision and verifications directly in our app. The workflow also lets you assign responsibilities for and track actions. When you work with process, product or management system audits, verifications, and inspections in UXRisk. You are in compliance with most recognised standards.Starting Price: $2 per month -
25
Exonaut
4C Strategies
Exonaut® is 4C Strategies’ market-leading resilience software platform, comprising fully integrated solutions for Risk, Business Continuity, Crisis Management, Compliance, Training and Exercises. To meet the security demands of governments, critical infrastructure providers and the armed forces, Exonaut is accredited to NATO Secret level, Cyber Essentials Plus and the highest international standards. As both a software company and management consultancy, 4C Strategies has a proven track record of delivering resilience solutions for mission critical environments. 4C’s software developers work closely with our subject matter experts to ensure that Exonaut drives innovation to meet customer needs and industry best practice. Exonaut is available on-premise, as a cloud-hosted solution, or with a hybrid option. Exonaut’s resilience solutions are deployed in mission critical sectors around the globe. -
26
Scanmarket
Scanmarket
Source to contract cloud based software with an intuitive and user-friendly interface, supported by Quick Call Service Support. *immediate support for customers and suppliers via phone *Scanmarket makes user adoption as simple as it should be* Scanmarket is one of few strategic sourcing solution providers capable of delivering innovative yet user-friendly quality technology, combined with solid execution, support & services. Scanmarket is a source-to-contract (S2C) software provider that develops advanced functionalities in an effortless design. Our S2C solution is attuned to meet the needs of procurement, legal and finance professionals with applications for strategic sourcing, contract lifecycle management, and third-party risk management. de: Cloud-basierte Source-to-Contract-Software mit einer intuitiven und benutzerfreundlichen Oberfläche, unterstützt durch Quick Call Service Support. *Sofortige Unterstützung für Kunden und Lieferanten per Telefon -
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Whether you are minimizing risk, increasing productivity, or managing compliance – decide on solutions that work the way your people need them to. Introducing the PURE Platform – the industry’s first integrated Environment, Health, Safety, and Sustainability software solution designed to drive business performance. The suite of solutions transforms traditional data collection into meaningful and actionable insights to give customers real-time access to an integrated, 360-degree view of EHS, sustainability, and supply chain information across their organization. Software solutions customized for safety, learning, sustainability, and occupational health management. Designed for businesses that want to protect their employees, manage their operational risks, manage OSHA compliance and optimize day-to-day performance. A suite of tools and modules to manage your organization’s health and wellness programs and increase productivity.
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28
Granite Risk Management
Granite Partners
Granite is a powerful risk management software. Try it free and take care of compliance and governance smoothly without spreadsheets. Granite Risk Management is a digital tool for modern risk management. With an easy-to-use risk management solution, risk identification and risk assessment take no time at all, and implementing corrective measures is effective. Automated reports make it easy to monitor results and deliver on set goals. With Granite Risk Management risks are easily identified and systematically assessed, and implementing corrective measures is effective. With the help of Granite Risk Management it's easy to recognize threats and opportunities. Granite Risk Management assists the user in the commensurate risk assessment. Risk management measures are easily assigned with Granite Risk Management. Granite Risk Management automates the promoting of risk management measures. With Granite Risk Management the creation of up-to-date snapshots of the entire organization is simple.Starting Price: $47 per user per month -
29
Pirani
Pirani
Software that allows to prevent, establish controls and measure the risks associated to money laundering and terrorism financing that the companies can be exposed to. Pirani AML Suite allows it to segment clients based on similar transactional behaviors and monitor operations that may be suspicious, also, to detect actions that may be related to fraud or money laundering in time by monitoring the financial operation realized in any transactional channel. Establish controls and measure the risks associated to money laundering and terrorism financing that your company can be exposed to. Learn how we help you by requesting a tour of our solution. Compliance of regulations and external circulars related to the implementation of a LAFT risk system. Diagnosis of the data that the client has in order to calculate the integrity of the data. Information of the client in a single screen for the analysis of the alerts.Starting Price: $19,000 per year -
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Aclaimant
Aclaimant
Empower your employees to drive productivity and reduce the total cost of risk with the RMIS built to deliver insight and results. Active risk management is a strategy where you empower your employees to more productively manage risk by leveraging technology that is centralized, connected, scalable, and data-driven to deliver results. Successfully decrease accidents, claim lag time and case duration using Aclaimant’s centralized system that connects your risk management office to incidents in the field. Reduce the cost of claims through better prevention and better mitigation to ultimately improve your insurability. Better utilize superior risk and safety talent with mobile-first, modern technology and automation. Aclaimant keeps your team focused and improves talent appeal, morale, and retention. Get access to case studies and content to better understand how you can put the Aclaimant platform to work for you and your team.Starting Price: Free