Risk Register Software for Australian Businesses
Maintain a centralised, audit-ready risk register for your organisation. Track every identified risk, its assigned controls, responsible owners, and scheduled review dates — all in one place, always up to date.
What is a risk register?
A risk register is the primary record of all risks identified by an organisation — what they are, how severe they are, what controls are in place, and when they were last reviewed. It is the central document in any risk management system and is a standard expectation from regulators, auditors, and insurers when they review your risk management arrangements.
Under the WHS Act 2011, PCBUs are required to manage risks — and to maintain records demonstrating that this obligation is being met. A risk register provides that evidence. Without one, a business cannot demonstrate ongoing risk management: only point-in-time assessments that may already be out of date.
Risk register software automates the creation and maintenance of this record, linking each entry to the underlying risk assessment, the controls selected, and the review history.
Why a spreadsheet is not enough
Many Australian businesses maintain risk registers in Excel or Google Sheets. This is better than no register — but it creates problems as the organisation grows and as regulatory scrutiny increases.
- Spreadsheets are not connected to your risk assessments. Changes in one place are not reflected in the other.
- Version control is manual. There is no audit trail showing who changed what and when — which a regulator may require.
- Review schedules are not enforced. Overdue reviews are easy to miss in a static document.
- Reporting is manual. Producing a summary of outstanding risks, overdue reviews, or high-risk items requires manual effort.
- There is no methodology built in. A spreadsheet does not guide the user through a compliant risk assessment process.
Risk register software features
Centralised Risk Register
All risks from all assessments in one register. View by risk level, status, assessment, or responsible person. Your full risk landscape at a glance.
Review Schedules
Set review dates for each risk entry. The register shows overdue and upcoming reviews so nothing is missed. Review history is automatically maintained.
Control Ownership
Assign each control measure to a responsible owner. Track implementation status and completion dates. Supports accountability across the organisation.
Residual Risk Tracking
Record both inherent risk (before controls) and residual risk (after controls). Track whether controls are reducing risk to the target level over time.
Linked to Assessments
Every register entry is linked to the underlying risk assessment. Drill down from any register entry to see the full assessment, hazard details, and control rationale.
Audit-Ready Export
Export your risk register in a format suitable for regulator review, board reporting, or insurer assessment. Includes the full assessment history and control details.
How the risk register works
Risks populate automatically
When you complete a risk assessment, identified risks are automatically added to your risk register. No double entry — the assessment and the register stay in sync.
Assign owners and review dates
For each register entry, assign a control owner and set a review date. The software tracks these and surfaces overdue items.
Monitor and update controls
Update control status as measures are implemented. Re-assess residual risk. The register maintains a history of changes over time.
Export for compliance
Generate a formatted risk register report for regulatory review, audit, board reporting, or insurance purposes at any time.
Risk register requirements in Australia
While the WHS Act does not mandate a specific format for risk documentation, it requires PCBUs to maintain records of risk management activities. A risk register is the standard way to satisfy this requirement.
Safe Work Australia guidance, ISO 31000, and industry-specific standards (AS/NZS, construction codes, healthcare accreditation) all reference maintaining a risk register as part of an effective risk management system.
When an incident occurs, a WorkSafe inspector or legal representative may request your risk register as part of their investigation. Businesses that can produce a current, well-maintained risk register are in a significantly better position than those relying on dated documents or spreadsheets.
Build your risk register today
Free to start. Create a risk assessment and your risk register populates automatically.
No credit card required.