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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 tier
Free trial
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 As businesses increasingly shift away from cumbersome spreadsheets and outdated legacy systems, Risk Wizard provides an accessible and efficient alternative that allows users to manage risks proactively while ensuring compliance with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

What users like
  • +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.
What users flag
  • 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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