--- title: "RiskRate Software Pricing, Alternatives & More 2026 | Capterra" description: "With the help of Capterra, learn about RiskRate Software - reviews, pricing plans, popular comparisons to other Risk Management products and more." source_url: "https://www.capterra.com/p/222989/RiskRate/" page_type: "product" language: "en" --- # RiskRate Software Review 2026: Features, Reviews, Integrations, Pros & Cons Last updated on August 26, 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)[Support](#support) RiskRate ## What is RiskRate? RiskRate is a third party risk management software solution that enables organizations to on-board, screen, and continuously monitor their third parties in a centralized, configurable, and manageable platform. ## What is RiskRate used for? [Risk Management](https://www.capterra.com/risk-management-software/)[Vendor Management](https://www.capterra.com/vendor-management-software/) Top alternative Featured Overall rating Based on 0 user reviews Reviews sentiment Positive \- Neutral \- Negative \- ### Starting price Free trial not available 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... ## RiskRate Overview Updated August 2026 AI summary RiskRate is a cloud-based solution for organizations of all sizes seeking to manage risk, compliance, and vendor relationships. It covers audit management, compliance oversight, risk assessment, and risk scoring, with additional tools for workflow management, policy tracking, and real-time reporting. RiskRate is suited for businesses that require structured, ongoing oversight of third-party and internal risks. ## 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. ### RiskRate 0.0 VS. [4.2 (2,073)](https://www.capterra.com/p/135757/NetSuite/reviews/) Starting Price Contact vendor Starting Price Contact vendor Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 0.0 (0) Ease Of Use 4.0 (463) Value For Money 0.0 (0) Value For Money 3.9 (361) Customer Service 0.0 (0) Customer Service 3.8 (382) ## RiskRate alternatives [4.6 (39)](https://www.capterra.com/p/151388/teammate-risk-compliance/reviews/) Starting price $0.01 Per User, Per Month Pricing Options Free Trial Free Version User Rating 97% of reviewers rated it above 4 stars Highest Rated [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 [4.6 (84)](https://www.capterra.com/p/145449/Gatekeeper/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 98% of reviewers rated it above 4 stars [4.7 (414)](https://www.capterra.com/p/148230/SOXHUB/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 98% of reviewers rated it above 4 stars ## FAQs about RiskRate Overview ### What company size and specific industries is RiskRate built for? RiskRate is designed for organizations across industries that need third-party risk management, compliance oversight, and consistent risk handling. The vendor description does not limit it to a specific company size, so it appears suitable for businesses of any size that manage outside vendors and require trust and transparency. Features and Usability ### What are the key features of RiskRate? RiskRate includes risk management and risk scoring for evaluating exposure, plus risk assessment, risk alerts, and monitoring for ongoing oversight. It also offers vendor management, compliance management, audit management, and audit trail features, along with workflow management, customizable forms, customizable templates, real-time notifications, and real-time reporting. Getting Started and Support ### What training and onboarding options does RiskRate offer? RiskRate offers live online sessions, webinars, documentation, and videos to help teams get started. Live online sessions and webinars provide guided instruction, while documentation offers written reference material and videos support self-paced learning and feature walkthroughs. Getting Started and Support ### What customer support options does RiskRate offer? RiskRate provides email/help desk support, a knowledge base, phone support, and chat. Because no reviewer feedback is available for support topics, there is no user-reported evidence about response times, helpfulness, or common frustrations. ## Features AI summary Based on 1,730 Risk Management 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%**) RiskRate supports **Risk Scoring**, but it does not include **Risk Analysis** or **Risk Reporting**. Instead, it offers **Risk Assessment** (**54%**) and **Compliance Management** (**46%**), which cover related needs for evaluating potential issues and tracking regulatory requirements. These features help businesses prioritize threats, stay aligned with compliance standards, and make more informed risk decisions. 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. Collaboration Tools Provides a channel for team members to share AI models, media files, communicate, and work together Compliance Management Track and manage adherence to policies for any service, product, process, or supplier Customizable Templates Pre-designed layouts that can be customized to match preferences and requirements Offboarding Closing out contracts by reviewing contract/project completion, finalizing payments, and ensuring terms and compliance as been achieved RiskRate 13 features ### All Features - 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. - Collaboration Tools: Provides a channel for team members to share AI models, media files, communicate, and work together - Compliance Management: Track and manage adherence to policies for any service, product, process, or supplier - Customizable Templates: Pre-designed layouts that can be customized to match preferences and requirements - Offboarding: Closing out contracts by reviewing contract/project completion, finalizing payments, and ensuring terms and compliance as been achieved - Onboarding: Process of familiarizing new clients, stakeholders or employees with the company, a new location, or a service - Policy Management: Create, manage, and track policies and procedures within an organization - Real-Time Reporting: Active reporting of data and metrics - Risk Assessment: Initiate collection and analysis of known risks - Risk Scoring: Assess and score risks using risk matrices - Vendor Management: Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc. - Workflow Management: Create, design and manage workflows for repetitive tasks --- Get Advice We can help you find the software with the features you need. ## Pricing ### Starting price Free trial not available 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 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 ## 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.