Published 14 Sep 2023

The 7 Best Risk Based Inspection Software of 2023

a construction engineer inspecting a site and its risks using a risk based inspection software

What is Risk Based Inspection Software?

Risk-based inspection software is a digital tool that helps companies optimize their inspection activities so managers can strategize and implement ways to manage risks based on priority levels. With the help of data analytics, managers can qualify and quantify risks, rank assets or systems based on the likelihood of failure, and plan for potential consequences. The platform has applications for inspection scheduling, resource allocation, and maintenance planning, among others.


The American Petroleum Institute (API – API PUBL 581) introduced the RBI (Risk-Based Inspection) approach so organizations working in high-risk industries such as oil and gas, petrochemicals, and power generation can effectively manage risks. But even seemingly low-risk businesses face operational threats and hazards and could benefit from this system, as detailed below:

  • Produces data-driven decisions – Analytics, a core feature of the software, empowers organizations to make informed decisions based on qualitative and quantitative information gathered on the field. Other risk assessment tools like FMEA, decision tree, and bowtie model, can also be integrated into the system and transformed into visuals that help managers better comprehend their current situation and the impact of the risks on their operations.
  • Optimizes resource allocation – By carefully calculating the risks identified, managers can rate their severity, rank them from negligible to critical, and allot the proper time, manpower, and funding to each. Usually, the one found to have the most catastrophic results in the nearest future will be prioritized. The platform deals with the algorithms, minimizing human error and ensuring the accuracy of the results.
  • Provides a cost-effective maintenance strategy – Aside from scheduling and monitoring inspections, the software also has tools to organize maintenance activities. Equipment failure results in expensive operational delays and stoppages, not to mention the possible injuries it could cause, making this a high interest in risk assessment. Modules like asset historical data and maintenance reports are included in the software, helping managers effectively handle this routine task.
  • Ensures compliance with regulations – Features like regulatory compliance checklists, inspection audit modules, and automated reporting do not just ensure exceptional risk management outcomes. All those also ascertain that organizations meet relevant regulatory and industry standards.
  • Guarantees operational safety and employee health – The health and safety of employees should always be the number one concern of managers and business leaders, whether they operate in high-risk industries or not. Integrating this particular digital solution into their current system ensures that workers feel confident in their surroundings so they can accomplish their jobs at optimal levels. Consequently, undisrupted operations ascertain continuous revenues for the company.

Key Features

Risk-based inspection software could be a stand-alone application or a module in other platforms such as CMMS (computerized maintenance management system), asset management, or other industry-specific solutions. Whichever you decide to use, make sure it has the following:

Selecting the Right Risk Based Inspection Software

The options detailed above will prove to be an asset to your organization’s aim to mitigate risk and maintain compliance. Check out the summary below before you take your final pick:

Risk Based Inspection Software Free Version Paid Plan Mobile App
SafetyCulture Yes $24/user/month* Yes
InspectAll No $49/month Yes
Quentic No Not indicated Yes
Ecesis No $125/month Yes
Inspectivity No AUD 120 (~$79)/user/month** Yes***
EHS Insight No $3,600 per year Yes
FORM OpX No $21/user/month Yes

* billed annually
** billed monthly
*** Android only


SafetyCulture staff writer

Eunice Arcilla Caburao

Eunice is a content contributor for SafetyCulture. A registered nurse, theater stage manager, Ultimate Frisbee athlete, and mother, Eunice has written a multitude of topics for over a decade now.

Eunice is a content contributor for SafetyCulture. A registered nurse, theater stage manager, Ultimate Frisbee athlete, and mother, Eunice has written a multitude of topics for over a decade now.