Risk Assessment Software: Simplifying Workplace Safety

17 March 2025

How to use risk assessment software

A risk assessment is vital to workplace safety management, helping employers identify and mitigate hazards before they cause harm. It is a structured process for recognising existing and potential risks in a workplace, assessing their severity, and implementing measures to reduce or eliminate them. Below, we go through what risk assessment software you should use and how to use risk assessment software.

Work Wallet’s risk assessment software streamlines this process, ensuring businesses remain compliant with safety regulations while improving efficiency and reducing administrative burdens.

What Does a Risk Assessment Include?

A comprehensive risk assessment should consider all aspects of workplace hazards, including:

  • Physical hazards include electrical safety, fire risks, manual handling, hazardous substances, repetitive strain injuries, and noise exposure.
  • Task-related hazards include working at heights, using machinery, handling chemicals, performing maintenance tasks, and dealing with the public.
  • Environmental hazards: Air quality, temperature, trip hazards, and emergency procedures.
  • Organisational factors: Work schedules, lone working, shift patterns, stress management, and training requirements.

Work Wallet’s digital risk assessment software makes it easy to log, assess, and monitor risks in real-time, helping businesses avoid potential issues.

Who Needs to Conduct a Risk Assessment?

By law, all employers must conduct risk assessments to ensure the safety of employees and visitors. Suppose a business has more than five employees. In that case, the findings must be documented, especially for high-risk groups such as pregnant workers, disabled employees, and those with pre-existing health conditions.

Work Wallet helps organisations simplify compliance by providing digital risk assessment tools that automate documentation, tracking, and reporting.

How to Carry Out a Risk Assessment

A risk assessment should follow a structured process:

  1. Identify hazards – Recognise all potential risks in the workplace.
  2. Determine who might be harmed and how – Consider employees, visitors, contractors, and vulnerable groups.
  3. Evaluate risks and implement controls – Decide the necessary measures to reduce or eliminate risks.
  4. Record and communicate findings – Keep clear documentation accessible to all relevant personnel.
  5. Review and update regularly – Adjust assessments when changes occur, such as new equipment, processes, or regulations.

With Work Wallet’s risk assessment software, businesses can automate these steps, ensuring nothing is overlooked and compliance is always maintained.

COVID-19 Risk Assessments

The COVID-19 pandemic has underscored the importance of risk assessments, particularly in managing infection risks. Employers must take reasonable steps to ensure a COVID-secure workplace, including:

  • Implementing social distancing and hygiene protocols.
  • Providing appropriate PPE.
  • Conducting regular assessments as government guidelines evolve.

Work Wallet’s software provides customisable COVID-19 risk assessment templates, making it easy to assess, document, and update safety measures in response to changing health guidance.

The Benefits of Work Wallet’s Risk Assessment Software

  • Efficiency: Conduct risk assessments digitally, reducing paperwork and administrative time.
  • Compliance: Ensure adherence to the Management of Health and Safety at Work Regulations with automated documentation.
  • Real-time Updates: Keep assessments current with automatic notifications and review reminders.
  • Accessibility: A centralised platform for employees to access, review, and report on safety risks.
  • Collaboration: Enable teams to report hazards, share updates, and work on risk management.

Stay Ahead with Work Wallet

Risk assessments don’t have to be time-consuming or complex. Work Wallet risk assessment software simplifies the process, giving businesses the tools to create safer workplaces while staying compliant with legal requirements.

Ready to improve workplace safety? Get in touch today to learn how Work Wallet can help your business streamline risk management.


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