GRC Platforms reviews by real, verified users. Find unbiased ratings on user satisfaction, features, and price based on the most reviews available anywhere.
GRC platforms help businesses mitigate risk to minimize financial, legal, and all other liabilities. Companies use GRC platforms to define, implement, and monitor company-wide strategies for risk management. Also known as enterprise risk management (ERM), this type of software covers multiple types of risks: financial, hazard, strategic, and operational. GRC features organize and evaluate risk information, track company-wide incidents, and provide various tools for measuring risk factors and modifying operations to comply with policies and regulations. GRC platforms are used mostly by compliance officers, analysts, and managers. Operations teams within an organization utilize GRC platforms to maintain the integrity of their company and avoid scenarios such as lawsuits, investigations, and injuries.
GRC platforms should not be confused with cybersecurity software, which focuses on security and privacy and does not cover other types of risks. This type of software integrates with environmental, quality and safety management software for industries such as retail and manufacturing. Each of the three GRC components—governance, risk, and compliance—impact the organization and reveal valuable information to the other two. Vendors typically package GRC platforms as a whole to deliver these collective benefits to the user.
To qualify for inclusion in the GRC Platforms category, a product must:
AuditBoard is the leading cloud-based platform transforming how enterprises manage risk. Its integrated suite of easy-to-use audit, risk, and compliance solutions streamlines internal audit, SOX compliance, controls management, risk management, and workflow management. AuditBoard’s clients range from prominent pre-IPO to Fortune 50 companies looking to modernize, simplify, and elevate their functions. AuditBoard is the top-rated GRC and audit management software on G2, and was recently ranked as
Welcome to The LogicGate Risk Cloud. The LogicGate Risk Cloud™ is an end-to-end suite of applications that blend flexibility and out-of-the-box functionality to aggregate, manage, and mitigate the entire landscape of risk within an organization. Equipped with a quantitative understanding of their organization’s risk posture, business leaders can supercharge their risk programs and take on smarter risks and opportunities.
HighBond, by Galvanize, is the end-to-end platform that brings together security, risk management, compliance, and audit professionals. Built by industry experts who wanted a better way to work, HighBond streamlines collaboration across organizations, automates repetitive tasks, and delivers best practices in a seamless, award-winning interface. By working in one platform, you’ve got a single source of truth for the entire organization. And by connecting to, harmonizing, normalizing, and analyz
ZenGRC offers an established solution to elevate your company's risk and compliance program to the highest infosec standards. The cloud-based SaaS solution fits your existing GRC program and also evolves to guide you throughout your maturity roadmap. With ZenGRC as the central platform for your organization's entire infosec ecosystem, you can achieve continuous monitoring and efficient audit management capabilities, as well as customizable, end-to-end risk management that's built-in — not bolte
OneTrust is the #1 fastest growing and most widely used technology platform to help organizations be more trusted, and operationalize privacy, security, data governance, and compliance programs. More than 6,000 customers, including half of the Fortune 500, use OneTrust to build integrated programs that comply with the CCPA, GDPR, LGPD, PDPA, ISO27001 and hundreds of the world’s privacy and security laws. The OneTrust platform is backed by 100 patents and powered by the OneTrust Athena™ AI and
SAI Global Risk, Ethics and Compliance empowers customers to focus on developing an effective integrated risk management solution with a combination of software and learning content. Together, with our expertise, organizations can build and foster a strong risk and compliance culture, integrate risk management business process and strengthen organizational ethics and employee behavior. SAI Global is a recognized leading provider of integrated risk management solutions. We help organizations pro
The short answer is that Onspring is an award-winning process automation platform that delivers intuitive business automation & real-time reporting through flexible, no-code, cloud-based software. Onspring’s automation is made for those looking to improve business operations with thoughtful, scalable solutions for roles, like governance, risk, compliance, audit, and vendors, that are aligned with their enterprise goals. The better question here is “Who is Onspring?” Simply put, Onspring bel
VComply is a Governance, Risk and Compliance (GRC) management platform that helps you monitor and measure the success your GRC programs, and mitigate risks real time. Vcomply is a no-code workflow solution that helps you build a robust internal control framework, import standad regulations and accrediations, and helps manage compliance, assess risks and strengthen governance within your organization. VComply offers a whole suite of modules for compliance professionals including compliance mana
Cybersecurity and Compliance Made Easy... Apptega helps businesses of all sizes accelerate and automate compliance efforts, monitor program performance, and always be audit-ready—all while fortifying your cybersecurity. Choose your frameworks, including PCI, SOC 2, NIST, ISO, CIS v7, GDPR, HIPAA, CCPA and more, and manage your program with: -Automated Cybersecurity Framework Crosswalks -Real-Time Compliance Scoring -Project Management -Workflow & Task Management -Collaboration -Budgeting -P
Make the right business decisions, redefine the way your organization pursues opportunity and manages risk with Camms.Risk. Camms.Risk is an industry-recognized, flexible and easy to use software solution that offers rapid time to value and provides a comprehensive integrated approach to governance, risk and compliance. Camms work with organisations across multiple sectors on both a global and a local level, with our customers including: Menzies LLP, Royal Air Force, Shell, Johnson Matthey, Ro
StandardFusion is a cloud-based GRC platform designed to make security and compliance simple and approachable. StandardFusion is a modern web application designed to allow organizations to quickly and easily manage operational risk, comply with standards, and follow best practices.
Resolver helps the world's leading organizations reduce the frequency and severity of negative events. Risk, security and resilience professionals use our software solutions to provide actionable insights and control operational costs.
SureCloud provides Gartner recognized Governance, Risk and Compliance (GRC) software and Cybersecurity & Risk Advisory services. Whether buying products or services, your organization will benefit from automated workflows and insight from the award-winning SureCloud platform. SureCloud’s service offerings are fully compatible with the GRC suite of products, enabling a seamless integration of information, taking your risk programs to the next level.
As the leading global provider of ethics and compliance cloud software, Convercent connects ethics to business performance by weaving ethics and values into everyday operations in over 700 of the world’s largest companies. Convercent Applications: Convercent Helpline including - Whistleblower Hotline & Case Management Increase employee engagement and issues reported with the industry’s easiest-to-use helpline and case manager. Convercent Helpline offers global 24x7 phone, web, proxy, mob
ETQ is the leading provider of quality, EHS and compliance management software, trusted by the world’s strongest brands. More than 500 global companies, spanning industries including electronics, heavy industry, food and beverage, and medical devices, use ETQ to secure positive brand reputations, deliver higher levels of customer loyalty and enhance profitability. ETQ Reliance offers built-in best practices and powerful flexibility to drive business excellence through quality. Only ETQ lets cust
NAVEX Global delivers the most comprehensive and integrated ethics and compliance platform on the market. Our suite of solutions help you identify, assess and mitigate risks at any scale and for any industry across issues such as harassment, bribery, conflicts of interest and data security. From defining and distributing your code of conduct and critical policies to training key audiences, delivering 24/7 hotline and incident management analysis to extending your risk management and compliance p
ServiceNow Governance, Risk, and Compliance (GRC) transforms inefficient processes across your extended enterprise into a unified GRC program built on the Now Platform. Through continuous monitoring, prioritization, and automation you can respond to real risks in real time.
LogicManager believes performance is a result of effective risk management. Since 2005, LogicManager's enterprise risk management (ERM) software has empowered organizations to uphold their reputation, anticipate what's ahead, and improve business performance through strong governance. Today, LogicManager’s SaaS software and included advisory service help businesses integrate risk, governance, and compliance activities so they can protect their employees, customers, and shareholders. LogicManag
Pentana is a software product that offers a complete solution for risk-based auditing. Comprising audit best practice, risk library content, easy deployment and a modern user interface for on and offline working, Pentana has an unrivalled pedigree in audit and risk management.
LexisNexis Bridger Insight XG is a fully integrated compliance platform that enables organizations like yours to consolidate compliance processes, standardize controls and bring enterprise-wide operational consistency.
Enablon offers a Green Facilities solution designed to empower organizations to decrease or, in some cases, completely eliminate manual environmental data entry and validation, resulting in substantial cost savings and risk reduction.
Essential ERM is an easy, web-based tool that can be activated, configured and used productively in minutes. You access it through a web browser, and there is nothing for your IT team to install or support. Risk management experience is not required, as the tool guides business users through the risk identification and management process. The tool distributes work among your management team and aggregates input to generate reports automatically. Essential ERM is easy and intuitive for both user
IBM OpenPages with Watson is a market leading AI-driven Governance, Risk & Compliance (GRC) solution designed to help organizations achieve their business objectives in a world of dynamic risk. Centralize your siloed risk management functions using an integrated GRC platform that reduces the cost of maintaining multiple solutions while also improving support for an enterprise-wide view of risk across multiple risk domains. Significantly reduce IT overhead and costs by using a secure SaaS-b
AdaptiveGRC is a flexible and fully customizable GRC solution, which allows highly regulated companies such as Life Sciences, Energy or Financial institutions to manage their Governance, Risk Management & Compliance activities in one place. It reduces administrative burden (by 50%), overcomes the problem of data inconsistency and gives you greater insight into the state of compliance. AdaptiveGRC consists of five fully integrated business modules: Compliance Manager, Enterprise Risk Manager
Lockpath brings visibility to risks frequently managed in disparate sources. It aggregates internal data points from all corners of the organization, as well as from assessments, audits, authoritative sources and external systems. By having everything centralized, correlated and connected, the platform enables organizations to see dependencies and to make smarter business decisions.
Governance, risk management, and compliance (GRC) platforms aim to provide all or most of the features required to manage various types of risk and compliance that may impact the operations of a company. This type of software is used across multiple departments, from HR and accounting to IT and logistics. Each department faces specific risks, such as privacy and security for IT, supplier risk for logistics, or financial fraud for accounting. To address these challenges, companies need to stay up to date with all related laws and regulations enforced by local, national, and international authorities. A more proactive way to deal with risk is to implement industry standards and internal policies that regulate business operations and aim to prevent problems before they happen.
To implement and monitor regulations, standards, and policies, companies require a single data repository for compliance information and an integrated system to define workflows and audits at the company level.
Key Benefits of GRC Platforms
Companies may choose between using separate systems for various types of risk and compliance or adopting GRC platforms to centralize compliance management.
Compliance with laws, standards, and internal policies — Depending on their industry and type of activity, companies may need to comply with all kinds of laws and industry standards. Additionally, companies may define their own rules that are implemented and enforced internally or across their partner networks. To manage all the information about regulations, standards, and policies as well as the procedures to ensure compliance, companies need a single data repository and an integrated system.
Risk mitigation — To deal with risks, companies need to know what challenges they may be facing and how to address them. Identifying risks and their potential impact on the company help businesses prepare in advance and avoid major disruptions.
Brand protection — Compliance isn’t only about following regulations. Compliance violations such as data breaches also impact the reputation of the business. Customers and partners avoid buying from or working with companies that are repeatedly breaking the law or failing to comply with industry standards.
All employees benefit directly or indirectly from using GRC platforms. While this type of software is used mostly internally, partners may also use it to access compliance information and submit audit results.
Compliance officers — Compliance officers and managers are responsible for defining and implementing processes and workflows that ensure compliance with any regulations related to the operations of the company. They also monitor enforcement and identify opportunities for improvement to prevent noncompliance and mitigate risk.
Department managers — Each department needs to comply with different regulations and managers need to be aware of which laws and standards apply to their team.
Executives — Executives use GRC platforms to define internal policies, find regulatory information related to their department, and monitor the enforcement of laws and policies.
GRC suites — GRC suites are made of multiple software products that are used in various combinations. Each of them usually specialize in one or a few of the main GRC features, such as policy management, regulatory change management, compliance learning, or risk management. Companies using GRC suites may choose to implement all or only some of the components mentioned above, with the option to scale up (add new components) or scale down (remove components). The main benefit of GRC suites is that they provide better integration between the components of the suite and are developed and supported by the same vendor.
Best-of-breed GRC software — This type of software provides multiple modules for GRC that are delivered as part of a single product and cannot be sold and used separately. Best-of-breed GRC software is highly beneficial to mid-market companies that don’t need advanced features to manage risk and compliance.
GRC platforms include most or all of the features described below, either as modules of a single integrated system or as separate products that are part of a suite.
Regulatory change management — Regulatory information changes constantly and companies need to ensure that they comply with the most recent changes. GRC platforms gather compliance data from multiple sources and provide users with the latest updates that may impact their work.
Policy management — Companies use internal policies to define and implement their own rules that are not covered by laws and regulations. A few examples are social media policies and procedures to deal with inappropriate behavior in the workplace.
Risk management — Noncompliance is only one of the many risks that businesses have to deal with. Other important risks are business disruptions caused by unforeseen events such as natural phenomena, pandemics, or economic downturns. While risks cannot be completely avoided, companies should prepare by defining contingency plans and procedures to react quickly.
Audit management — Companies need to review the procedures and workflows they put in place to ensure compliance. Audits are generally performed regularly (monthly or yearly) to monitor how internal policies and regulations are enforced across the company. Also, audits are conducted when the business is impacted by exceptional situations such as mergers and acquisitions or major market changes.
Risk and compliance reporting — Reporting and analytics are critical to monitor compliance and identify risks. In some cases such as highly regulated industries, dashboards providing real-time information are essential to help companies react quickly. Compliance data also helps businesses identify opportunities for improvement of workflows and procedures.
Third-party and supplier risk management — Companies working with suppliers and contractors need to protect themselves from any risky or illegal activities performed by their partners. A few examples are privacy breaches or money laundering which may not directly impact the company but may damage its brand.
Complexity — As vendors try to cover multiple types of compliance, they either acquire and develop new tools that aren’t always fully integrated with their core offering. Even when all functionality is delivered on the same platform, the multitude of modules and their features make GRC platforms difficult to use.
Price — Complicated software is also expensive to buy and maintain. GRC suites are expensive when companies use most or all of their components. While best-of-breed GRC software is more affordable, companies adopting it overspend because they are obligated to purchase the whole software rather than only investing in he features that they need. Also, since GRC platforms aren’t always delivered in the cloud, companies may need to invest in IT infrastructure and personnel to host and maintain the software.