--- title: "Risk Management Software Pricing, Alternatives & More 2026 | Capterra" description: "With the help of Capterra, learn about Risk Management Software - reviews, pricing plans, popular comparisons to other ERM products and more." source_url: "https://www.capterra.com/p/182318/Decision-Time-Risks/" page_type: "product" language: "en" --- # Risk Management Software Review 2026: Features, Reviews, Integrations, Pros & Cons Last updated on September 17, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[Features](#features)[Pricing](#pricing)[Integrations](#integrations)[Support](#support)[Reviews](#reviews) Risk Management ## What is Risk Management? Get a clear, simple overview of your risk register with all the control, guidance and visual cues you need to help embed a culture of Risk Management within your organisation. Visualise your Risk Register to properly manage your controls, actions, assurances and reviews and so mitigate your risks. Focus on whats important to get critical risks under control. Spend valuable time managing your risks, not wrestling with a spreadsheet. ## What is Risk Management used for? [Risk Management](https://www.capterra.com/risk-management-software/)[ERM](https://www.capterra.com/erm-software/)[Integrated Risk Management](https://www.capterra.com/integrated-risk-management-software/) Top alternative Featured Overall rating Based on 7 user reviews Reviews sentiment Positive \- Neutral \- Negative \- Starting price £25 Per User, Per Month Free trial not available Free version not included Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... Do you work for Risk Management?[Manage this product listing](https://www.g2.com/products/decision-time-risks/claim_requests/new?auto=true) ## Risk Management Overview Updated September 2026 AI summary Risk Management is a cloud-based solution for organizations seeking to identify, assess, and monitor risks across operations. Designed for businesses of all sizes, it supports risk analysis, scoring, and reporting, alongside compliance, audit management, and incident response. Integrations with Microsoft tools and features like CAPA, policy management, and activity tracking help teams address governance and operational requirements. ## Compare with a popular alternative Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status. ### Risk Management 5.0 (7) VS. [4.7 (414)](https://www.capterra.com/p/148230/SOXHUB/reviews/) Starting Price £25 Per User, Per Month Starting Price Contact vendor Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 5.0 (7) Ease Of Use 4.6 (73) Value For Money 5.0 (6) Value For Money 4.5 (69) Customer Service 5.0 (6) Customer Service 4.6 (66) ## Risk Management alternatives Highest Rated [4.8 (130)](https://www.capterra.com/p/152559/NovaraFlex/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 99% of reviewers rated it above 4 stars [4.5 (540)](https://www.capterra.com/p/148577/MasterControl/reviews/) Starting price $25000.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 93% of reviewers rated it above 4 stars [4.8 (105)](https://www.capterra.com/p/138931/Audit-Software/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 98% of reviewers rated it above 4 stars [4.5 (15)](https://www.capterra.com/p/47491/Corporater-Business-Management-Platform/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 93% of reviewers rated it above 4 stars [View all alternatives](https://www.capterra.com/p/182318/Decision-Time-Risks/alternatives/) ## FAQs about Risk Management Overview ### What company size and specific industries is Risk Management built for? Risk Management is designed for public organisations, governing bodies, academic institutes, and large private companies that need a system for staff to manage risk. It is aimed at larger organisations across public, education, and private sectors rather than small businesses or early-stage companies. Features and Usability ### What are the key features of Risk Management? Risk Management offers risk assessment, risk analysis, and risk scoring for identifying and ranking exposures. It also includes governance, compliance management, audit trail, and internal controls management, plus alerts and escalation, incident management, corrective and preventive actions (CAPA), reporting and analytics, and role-based permissions. Integrations ### Which third-party tools and platforms does Risk Management integrate with? Risk Management integrates with Microsoft Entra ID, Microsoft Excel, and Microsoft Outlook. These native connections cover identity management, spreadsheets, and email, giving the product a focused set of integrations for access control, reporting, and communication. Getting Started and Support ### What training and onboarding options does Risk Management offer? Risk Management provides in person training, live online sessions, and documentation to help teams get started. In person training supports face-to-face instruction, live online sessions offer guided remote setup, and documentation gives written reference material for self-paced learning and feature review. Getting Started and Support ### What customer support options does Risk Management offer? Risk Management provides Email/Help Desk, Phone Support, and Chat. Support channels are listed directly in the catalog, and there is no reviewer feedback available here to describe response times, helpfulness, or common support frustrations. ## Features AI summary Based on 1,730 ERM reviews Capterra data shows that buyers of risk management software rank the following features as their top priorities: - **Risk Analysis** (**47%** of reviewers rated this feature as critical) - **Risk Reporting** (**46%**) - **Risk Scoring** (**49%**) Risk Management supports all three of the features reviewers value most: **Risk Analysis**, **Risk Reporting**, and **Risk Scoring**. Together, these capabilities help businesses identify potential threats, track and communicate risk exposure clearly, and prioritize response efforts based on severity, allowing teams to make better decisions and manage risk with greater confidence. Risk Reporting 5.0 (1) 100.00% of 1 reviewers that rated this feature as important or highly important Reporting of risks associated with specific actions, events, or entities Alerts/Notifications 5.0 (1) 100.00% of 1 reviewers that rated this feature as important or highly important Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges Dashboard 5.0 (1) 100.00% of 1 reviewers that rated this feature as important or highly important Assembly of graphs and charts for visualizing and tracking statistics/metrics Risk Scoring 5.0 (1) 100.00% of 1 reviewers that rated this feature as important or highly important Assess and score risks using risk matrices Access Controls/Permissions Define levels of authorization for access to specific files or systems Activity Tracking Track and document all activities across devices, networks, and other systems Risk Management 43 features ### All Features - Access Controls/Permissions: Define levels of authorization for access to specific files or systems - Activity Tracking: Track and document all activities across devices, networks, and other systems - Alerts/Notifications: Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges - Approval Process Control: Manage the process of evaluating documents or requests submitted for approval - Assessment Management: Creation, administration, and evaluation of assessments or tests - Audit Management: Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws - Audit Trail: A record of all activities within the system, including user access, changes made, etc. - Compliance Management: Track and manage adherence to policies for any service, product, process, or supplier - Configurable Workflow: Configure existing workflows to meet your organization's needs - Corrective and Preventive Actions (CAPA): Investigate and take action at root cause or error in processes to prevent recurring issues - Customizable Reports: Alter the layout and content of reports - Customizable Templates: Pre-designed layouts that can be customized to match preferences and requirements - Dashboard: Assembly of graphs and charts for visualizing and tracking statistics/metrics - Data Import/Export: Import and export data to and from software applications - Data Visualization: Graphical representation of data - Document Management: Store, manage, and track all electronic documents in a centralized location - Document Storage: Store and organize documents in a centralized system - Exceptions Management: Automated handling of non-compliant EDI transmissions. - Incident Management: Manage and track all disruptions and incidents - Internal Controls Management: Ensure internal objectives and compliance with policies are met - Issue Management: Identify and respond to unexpected problems or failures (ie. "negative events") - IT Risk Management: Manage risks related to IT systems - KRI (Key Risk Indicator) Monitoring: Tracking of various risk indicators including risk metrics, historic trending, metadata & more to gauge the organization's risk posture - Legal Risk Management: Manage the risk of both financial and reputational loss resulting from nonadherence to current legislation - Mobile Access: Access software remotely via mobile devices - Operational Risk Management: Manage risk that occurs from systems failure or inadequate processes - Performance Metrics: A set of indicators that tracks the performance of networks, applications, systems, teams, etc. - Policy Management: Create, manage, and track policies and procedures within an organization - Prioritization: Arrange tasks based on the level of priority or urgency - Reminders: Timed notification for any upcoming task, deadline, appointment, or activity - Reporting & Statistics: Collection, analysis, and representation of numerical data and generation of reports to understand various patterns - Reputational Risk Management: Identify, monitor, and assess risks to brands - Response Management: Planning and managing of resources and procedures to mitigate the impact of events and incidents - Risk Alerts: Notifying as a warning or reminder of a potential or imminent hazard - Risk Analysis: Analyze potential risks across the organization - Risk Assessment: Initiate collection and analysis of known risks - Risk Reporting: Reporting of risks associated with specific actions, events, or entities - Risk Scoring: Assess and score risks using risk matrices - Safety Management: Identify and assess hazards to ensure the well-being of employees, assets, and the environment - Secure Data Storage: Securely stores data to prevent data loss or breaches - Security Auditing: Systematic evaluation of the security of a company's overall security system and situation - Task Management: Create, manage and track all task activities and progression - Version Control: Track revisions and updates made to files and navigate between different versions --- Get Advice We can help you find the software with the features you need. Features 4.9 (7) 4.9 Based on 7 reviews ## Pricing Value for money 5.0 (6) Basic £25.00 Per User,Per Month Value for money 5.0 (6) 5.0 Based on 6 reviews ## Integrations [ Microsoft Excel](https://www.capterra.com/p/176574/Excel/)[ Microsoft Outlook](https://www.capterra.com/p/227138/Microsoft-Outlook/)[ Microsoft Entra ID](https://www.capterra.com/p/219692/Azure-Active-Directory/) Connect with a Capterra advisor for a free 15-minute consultation Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs. ## Support, customer service and training options Customer Service 5.0 (6) Support - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat Training - In Person - Live Online - Webinars - Documentation - Videos Deployment - Web - Android - iPhone/iPad Typical users - Freelancers - Small businesses - Mid size businesses - Enterprises Customer Service 5.0 (6) 5.0 Based on 6 reviews ## User reviews Overall rating 5.0 Based on 7 reviews Filter by rating 5(7) 4(0) 3(0) 2(0) 1(0) Mentioned topic Sorted by most recent DB Donna B. CEO Non-Profit Organization Management ### "Decision Time Risks has been transformational for our organisation and is highly recommended." 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 April 8, 2022 Very positive Pros Ease of use and less time consuming to review and update Cons I like the system and can't fault it. It is much better than using our old system of an excel spreadsheet. Reasons for choosing Risk Management Already using Decision Time meetings Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. BL Blod L. Head of Business Improvement Civic & Social Organization ### "Decision Time user" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 8/10 April 14, 2020 Pros Visual display of information and outputs. Ability to drill down to the information Intuitive and easy to use Very receptive to feedback and ability to refine product to suit organisational need Cons Still a few suggested improvements to be implemented Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. HJ Helen J. Governance and Compliance Manager Non-Profit Organization Management ### "Decision Time Risks review" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 January 27, 2020 We have the e-governance module also, which we've found to be very beneficial, from the perspective of the Board, to our experience as admins. It was a natural progression for us to purchase the Risk module, and we may consider purchasing the 'Goals' one in due course. We have found the customer care of Decision Time 'second to none', as they respond to any queries immediately, and are very responsive in addressing any issues or questions we may have. I would rate them 'excellent'! Pros Easy to use and update, especially like the fact that it has been adjusted to reflect our own policies and risk framework. User-friendly for Board members to use - dashboard is clear and focused. One Board member stated it was 'one of the best' risk dashboards he'd seen. Like the fact that strategic and operational registers are accessible in the same place, and that Board members can be refrained from viewing 'operational risks'. Cons Nothing I don't like, but discussed a few are areas that could be developed further, e.g.: 1. Easier tracking/movement reports/audit trail when risks are changed (for Board and for admin), which I understand is underway. 2. A need to distinguish between 'completed/on track' for actions (again, which is underway), as this confused the Audit Committee/Board 3. Maybe a function that would show the impact of the risk appetite against each risk (rather than just recording what it is) Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. MP Maria P. Executive Assistant Civic & Social Organization ### "Risks and Goals" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 0.0 0.0 Likelihood to Recommend 10/10 November 14, 2019 We're quite new users of Decision Time risks and the experience so far has been very positive. Pros I like the appearance of the software a lot because it makes it pleasant to engage with. There are lots of visuals as well as text, so you can quickly see the status of risks at a glance. The software is very user friendly and intuitive. Cons Nothing so far! We are new users, so issues may become apparent in the future, but not so far. Reasons for choosing Risk Management We have worked with Decision Time with the 'meetings' module over the last five years, so when we were considering a product to manage our risk registers and workplans we were happy to engage with Decision Time again because the quality of the meetings software is so high and the Decision Time staff are very responsive to queries and customisation requests. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. GH Gillian H. Head of Governance Real Estate ### "Positive Experience from start to finish" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 November 14, 2019 Overall our experience with Decision Time was a positive one from initial discussions through to implementation and post sales support. Pros We needed a comprehensive approach to business planning and risk management that aids management oversight of underlying activities and gives greater assurance to the management team and Board. The Decision Time solution meets our requirement and provides the appropriate degree of oversight without being onerous or resource intensive to complete. It's intuitive to use and easy to understand with good visual reporting. Cons Can't think of any issues that we have had with using the software, any initial issues were due to being new to the product and these were quickly ironed out by the support team. Reasons for choosing Risk Management These were both complex solutions that require interfaces with existing systems and would have taken significant time and resource to install and train out. The Decision Time product was preferred as it offered a proportionate solution that was appropriate to Co-Ownership at the stage we were in our Transformation Programme, without requiring a long term commitment. It offered simplicity, ease of use and fast implementation, (approx. 3-4 weeks). A fact that they are local with the ability to support on site if required was also a factor, plus their existing reputation in the NI Public sector. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. DM Declan M. Director Health, Wellness and Fitness ### "Embedding Risk Management at the Northern Ireland Social Care Council" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 November 14, 2019 Decision Time Risks has enabled cross organisational engagement and updating of risks which impact on delivery of the organisational objectives. Connecting controls, gaps, actions, assessment and an owner has improved accountability for managing risk in real time. Regular reporting is now at a touch of a button and has saved time and resources with respect to reporting to Senior Leaders, Board Members and Government. Pros The software connected the importance of risk identification to delivery of the organisation objectives and provides a risk map that is intuitive to Senior Leaders and Board members. All staff find it easy to use and has enabled them to integrate risk into their activities and deliverables. The reporting functionality provides for an easy to read and understand approach to the Organisations Risk Assurance framework and supports the accountability process for decision making, audit and compliance. Cons Control and management of fields and drop down labels are held by Decision time and not the organisation. Reasons for choosing Risk Management The Decision Time product is intuitive, focused on corporate objectives and associated risk and provided a clear, flexible and upgradeable reporting structure for Senior Leaders and the Board. The product is also designed by a Local Northern Ireland Company who are attentive and supportive to the Social Care Council Business Needs. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor November 15, 2019 Thank you very much for your review, it is greatly appreciated GW Ger W. Senior Executive Officer Government Administration ### "Meetings Administration and Risk Register/Goals Modules" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 November 13, 2019 Excellent product and would highly recommend. It has streamlined how the Council administers its Plenary and Municipal District meetings. Pros The meetings administration module has streamlined how we prepare for the monthly Council meetings. It has reduced the manual workload that was involved in printing and posting hard copy agendas and documentation to our Councillors. It has good functionality, is easy to use and allows access to all previous meetings and documentation. The Council has only recently started using the Risks and Goals module but so far, it is proving to be efficient and effective in how we manage and monitor our risks and goals. Cons Not being able to access the site owing to poor connectivity was an issue but this has been resolved by Decision Time with improved functionality that allows the user the make the documentation for a meeting available offline. Reasons for choosing Risk Management Most economically advantageous tender Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor November 14, 2019 Thank you very much for your review of Decision TIme platform ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox.