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Risk Wizard

by Risk Wizard · Since 2000
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ActiveAvailable globallyCloud
Quick facts
VendorRisk Wizard
Year launched2000
StatusActive
LocationMelbourne, Australia
Countries servedGlobal
Languages5
Integrations1+
Free tierN/A
Free trialN/A
Contact salesYES

About Risk Wizard

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Risk Wizard by Risk Wizard is a powerful and user-friendly risk management software designed to simplify the complexities of risk assessment, compliance monitoring, and incident management for a wide range of organizations. As businesses increasingly shift away from cumbersome spreadsheets and outdated legacy systems, Risk Wizard provides an accessible and efficient alternative that allows users to manage risks proactively while ensuring compliance with industry standards. With a strong focus on automation, customization, and adherence to ISO 31000 risk management principles, the platform is well-equipped to support industries such as education, government, financial services, utilities, and healthcare. A key strength of Risk Wizard is its intuitive and streamlined user interface, which is designed to accommodate both risk professionals and general staff members. The platform's simple navigation, visual dashboards, and web-based forms enable users to input and track risks effortlessly. One particularly useful feature is the consequence/likelihood matrix, which makes risk assessment more structured and standardized. By presenting data in a visually digestible format, Risk Wizard enhances decision-making and ensures that organizations can identify and mitigate risks effectively.

Pros & Cons

Pros
  • User-Friendly Design: Intuitive interface, quick loading times, and simplified navigation reduce the learning curve.
  • Time Efficiency: Saves time by eliminating reliance on spreadsheets and legacy systems.
  • Flexible Frameworks: Adapts to diverse risk management environments with tailored reports, dashboards, and terminology.
  • Integrated Solution: Offers risk assessment, compliance monitoring, and incident management as individual tools or a cohesive system.
  • Real-Time Features: Allows real-time risk assessment, compliance tracking, and incident alerts for proactive management.
  • Data Security: Ensures privacy with access controls, permissions, and segregated data.
Cons
  • Limited Use Outside Risk Management: Tailored for risk, compliance, and incident processes, limiting broader organizational application.
  • Learning Curve for Advanced Features: Advanced tools may require time to fully optimize across an organization.
  • Cost Transparency: While noted as affordable, specific pricing details are not disclosed.

Features

Key features

Easy, Fast, and Secure

User-friendly, quick loading, simple navigation, and safe.

Saves Valuable Time

Reduces time spent on spreadsheets or legacy system workarounds.

Improves the Process

Delivers process efficiencies through a robust and systematic approach.

Avoids "Death by Spreadsheet"

Offers a risk management tool that's an alternative to Excel.

Reassures Stakeholders

Demonstrates a robust approach to risk management.

Engages Employees

Encourages staff adoption through a user-friendly reporting tool.

Ongoing Support

Provides email, phone, webinar, online help directory, and software upgrades.

User Friendly

Offers a simple way to manage risk registers, compliance activities, and incidents.

Easily Tailored

Adapts to different risk management frameworks and organizations.

Additional features

Easy, Fast, and Secure

User-friendly, quick loading, simple navigation, and safe.

Saves Valuable Time

Reduces time spent on spreadsheets or legacy system workarounds.

Improves the Process

Delivers process efficiencies through a robust and systematic approach.

Avoids "Death by Spreadsheet"

Offers a risk management tool that's an alternative to Excel.

Reassures Stakeholders

Demonstrates a robust approach to risk management.

Engages Employees

Encourages staff adoption through a user-friendly reporting tool.

Ongoing Support

Provides email, phone, webinar, online help directory, and software upgrades.

User Friendly

Offers a simple way to manage risk registers, compliance activities, and incidents.

Easily Tailored

Adapts to different risk management frameworks and organizations.

Flexible Reporting

Offers ready-to-run dashboards, report designs, and custom report building.

Affordable Pricing

Provides sensible pricing for businesses of all sizes.

Delivers Savings

Saves time, effort, and resources compared to Excel and legacy systems.

Quick to Setup

Enables system configuration within days or weeks.

Integrated Risk Management System

Offers risk, compliance, and incident management software.

Real-Time Risk Assessment

Allows management to assess risks from any location.

Simple Web Forms

Enables users to capture risks and assess them using a matrix.

Risk Register and Dashboards

Provides tools for analyzing risk ratings.

Compliance Monitoring

Monitors user activities in real-time.

Automated Compliance Activities

Schedules and reminds users of compliance tasks.

Real-Time Incident Management

Tracks workplace accidents and hazards as they happen.

Automated Alerts

Sends real-time alerts to management.

Remedial Actions and Investigations

Enables management to assign actions and conduct investigations.

Tailored Reporting

Creates dashboards and reports for different stakeholders.

Data Security

Protects data with access controls, roles, and permissions.

Flexible Framework

Creates multi-dimensional frameworks.

Email Workflow

Sends and receives automatic email alerts and reminders.

Exporting Data

Downloads data in various formats.

Search Engine

Offers data filters and search preferences.

File Management

Uploads data files and attaches links.

Linking Records

Creates links between records.

Custom Terminology

Customizes terminology.

Data Libraries

Creates unlimited libraries.

Audit Log

Tracks changes to records.

Online Help

Provides online help resources.

Segregated Data

Keeps sensitive data private.

Automatic Workflow

Uses automatic alerts and reminders.

Top Data Security

Hosts data on Amazon Web Services.

Multiple Risk Registers

Consolidates departmental risk registers.

Multiple User Styles

Configures user experience for different roles.

Tailored Reporting Suite

Offers a simple report design tool and templates.

Consistent Risk Criteria

Uses a single source of definitions and scoring.

Dynamic Risk Process

Provides on-demand reports and interactive dashboards.

Drill-Down Dashboards

Offers interactive dashboards with drill-down capabilities.

Scalable Solution

Grows with the business.

ISO 31000 Compliance

Follows the international standard for risk management.

Local Setup and Support

Provides Australian-based setup, training, and support.

Secure Cloud Hosting

Uses Amazon Web Services for secure hosting.

Automate Critical Tasks

Automates compliance activities, incident logging, and risk assessments.

Save Auditing Time

Reduces time spent on manual risk assessments and compliance checks.

API Integration

While not explicitly stated the web based nature and data export features allows for easy integration with other systems.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
5
Interface languages
10
Billing currencies

Interface languages

EnglishSpanishFrenchGermanPortuguese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇮🇳INR🇸🇬SGD

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