Top Free GRC Platforms
Check out our list of free GRC Platforms. Products featured on this list are the ones that offer a free trial version. As with most free versions, there are limitations, typically time or features.
If you'd like to see more products and to evaluate additional feature options, compare all GRC Platforms to ensure you get the right product.
Top 10 Free GRC Platforms in 2021
- ZenGRC
- Camms.Risk
- VComply
- Apptega
- OneTrust
- SureCloud
- StandardFusion
- IBM OpenPages with Watson
- Essential ERM
- AuditComply
View Free GRC Platforms
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
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
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
Tired of spreadsheets that don’t scale and require too much manual effort? Hampered by overly complex IT GRC systems that have you working for them? Apptega is the cybersecurity and compliance management platform that makes it easy to assess, build, manage, and report your cybersecurity and compliance program. Organizations in all industries and MSSPs rely on Apptega to meet the challenges of cybersecurity and compliance more efficiently and cost-effectively than with any other approach. Choo
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 7,500 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 130 patents and powered by the OneTrust Athena™ AI and
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.
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.
IBM OpenPages with Watson transforms the way risk and compliance professionals work. By providing core services and functional components on a scalable platform that spans nine risk domains, IBM OpenPages with Watson delivers a holistic view of risk and regulatory responsibilities across the enterprise. With IBM OpenPages, clients can operationalize AI across the business, build and scale AI with trust and transparency, and create a business-ready analytics foundation. IBM OpenPages drives GRC a
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
AuditComply is an Integrated Risk Management (IRM) platform. A cloud-based SaaS solution transforming the way organizations assess, manage & report on Risk, Compliance & Quality functions in real-time across all organizational assets. From strategy through to execution AuditComply’s digital vault provides a flexible, synchronized and central hub that provides users with an instant understanding of their risk, maximizing the value of GRC functions. AuditComply operates in highly regulat
Protect your company with a trusted whistleblowing system to help securely manage, process, and document confidential or anonymous reports – and to build trust among employees. BKMS® Incident Reporting is a highly secure and web-based whistleblowing system. This is the only whistleblowing system to be data protection certified for the GDPR. Business Keeper is the only provider in the world without any possible access to the client data. With BKMS® Incident Reporting your team can efficiently
ComplyScore has been offering solutions in the Risk Management space since 2012. We offer Risk Management as Managed Services and Solution, along with a suite of other solutions like GRC, InfoSec Assessments, CyberScore, Vendor Governance, and Online Audit.
Rated 4.8/5 on CAPTERRA: https://www.capterra.com/p/195786/CyberOne/ CyberOne is the GRC tool for ERM, ORM, evaluating business risk across the enterprise, monitoring risk and issue management. Build youR risk register, establish complex metrics, monitor and evaluate your risk and conduct issue management with risk mitigation, exception and extension request workflows. Best in class dashboards and reporting for leadership and board presentations, increase performance by making informed decisio
Donesafe, #1 all-in-one HSEQ platform that connects your management system from workers in the field to the executive team in the boardroom. Donesafe makes it fast and easy to access, enter and report HSEQ data in real-time. Donesafe is a modern & fresh platform with end-to-end functionality. It works online with any device, including offline with native iOS and Android apps. Use our out-of-the-box templates or configure to align with your specific requirements. Donesafe helps to: Create
The Fusion Framework® System lets you visualize your business, products, and services from a customer perspective, creating a map of the day-to-day functions within your business that keeps it running smoothly. Our platform gives you easy, visual, and interactive ways to explore every aspect of your business so you can identify single points of failure and key risks. Understand exactly which actions you need to take to mitigate impacts, reduce risk, increase revenue, create efficiency, and prot
The SYNERGi Governance, Risk and Compliance Platform has been developed in-house by Information Risk Management (cybersecurity specialists) since 2013. Since then, it has won several awards with SC Magazine and global organisations are using SYNERGi to monitor their governance, risk and compliance obligations and requirements. SYNERGi is a dedicated Cyber GRC Platform that helps organisations manage their compliance and information security risk programs efficiently and inexpensively. Some o
The ZEBSOFT platform provides end users with intuitive, easy to use Governance, Risk and Compliance (GRC) software. ZEBSOFT is both informative & interactive, helping end users to understand risk & enabling them to reduce negative impact. With ZEBSOFT all users become part of the compliance team, driving fact based decision making.
Learn More About GRC Platforms
What are GRC Platforms?
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
- Reduces costs of noncompliance, which are direct (such as fines or penalties) or indirect (lost revenue)
- Enforces regulations and internal policies to mitigate risks and limit their negative impact on the company
- Improves alignment across the company as well as externally, to ensure that employees and business partners comply with regulations and policies
- Keeps compliance data up to date which is particularly difficult for global companies that need to comply with changing national and international regulations
Why Use 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.
Who Uses GRC Platforms?
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.
Kinds of GRC Platforms
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 Features
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.
Potential Issues with GRC Platforms
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.
