Compare the Top Free Third-Party Risk Management Software as of October 2026

What is Free Third-Party Risk Management Software?

Third-party risk management software helps organizations identify, assess, and mitigate risks associated with their third-party vendors, suppliers, and partners. These platforms enable businesses to track and manage third-party relationships, monitor their performance, and ensure that they comply with regulatory requirements and internal policies. Features often include vendor risk assessments, contract management, compliance tracking, and audit trails. By using third-party risk management software, businesses can reduce the risk of data breaches, fraud, and other disruptions that could arise from third-party relationships. It also helps organizations ensure that third-party vendors meet quality standards and contractual obligations. Compare and read user reviews of the best Free Third-Party Risk Management software currently available using the table below. This list is updated regularly.

  • 1
    CanQualify

    CanQualify

    CanQualify

    A better way to qualify and manage suppliers, contractors, sub-contractors, and vendors. CanQualify is a cloud-based service that provides supplier risk management and compliance through pre-qualification, data collection, employee assessments, and audits. Our goal is to collaborate with our clients to build an evergreen platform that provides the necessary qualification tools that can be modified when needed to meet current and future needs. A well-informed supply chain builds teamwork, lays the groundwork for improved culture, and is one of the keys to reducing and eliminating incidents. We challenge the status quo of supplier management and provide a simpler, customizable, adaptable, and cost-effective alternative. With CanQualify, hiring clients can rest easy knowing their contractors, vendors, and suppliers comply with safety and sustainability requirements.
    Starting Price: $99 annually
  • 2
    AuditComply

    AuditComply

    AuditComply

    AuditComply is a Belfast-headquartered Enterprise Risk Management Platform. Developing & providing comprehensive solutions for Risk, Quality, Compliance & EHS. A SaaS-based solution to spot hazards/issues, monitor risk, tackle uncertainty and boost performance. The company operates in highly regulated industries such as Automotive, Food & Beverage, Oil & Gas, Aviation and Manufacturing. With key clients situated throughout the UK, EU, US, Middle East and Asia Pacific regions. AuditComply has combined the comprehensive enterprise workflow with the speed and ability to deploy a mobile-first app. Enterprise customers select us because we deliver value on day one. We embrace change seamlessly to meet their daily needs, promote visibility, reduce costs and drive operational efficiencies whilst anticipating and managing enterprise risk. Deliver engaging reports with dynamic risk scoring, summaries, control matrices & more.
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