# Top 10 Formalize Alternatives & Competitors **Average Rating:** 4.8/5 **Total Number of Reviews:** 44 Explore the best alternatives to Formalize for users who need new software features or want to try different solutions. Other important factors to consider when researching alternatives to Formalize include tasks. The best overall Formalize alternative is Vanta. Other similar apps like Formalize are Optro, Drata, Secureframe, and Sprinto. Formalize alternatives can be found in [Third Party & Supplier Risk Management Software](https://www.g2.com/categories/third-party-supplier-risk-management) but may also be in [Security Compliance Software](https://www.g2.com/categories/security-compliance) or [Cloud Compliance Software](https://www.g2.com/categories/cloud-compliance). ## Best Paid & Free Alternatives to Formalize - [Vanta](https://www.g2.com/products/vanta/reviews) - [Optro](https://www.g2.com/products/optro/reviews) - [Drata](https://www.g2.com/products/drata/reviews) - [Secureframe](https://www.g2.com/products/secureframe/reviews) - [Sprinto](https://www.g2.com/products/sprinto-inc/reviews) - [Scrut Automation](https://www.g2.com/products/scrut-automation/reviews) - [UpGuard Vendor Risk](https://www.g2.com/products/upguard-vendor-risk/reviews) - [TeamMate](https://www.g2.com/products/teammate/reviews) - [Thoropass](https://www.g2.com/products/thoropass/reviews) - [Pirani](https://www.g2.com/products/pirani/reviews) ## Top 10 Alternatives to Formalize Recently Reviewed By G2 Community Browse options below. Based on reviewer data, you can see how Formalize stacks up to the competition, check reviews from current & previous users in industries like Financial Services, Banking, and Venture Capital & Private Equity, and find the best product for your business. ### 1. [Vanta](https://www.g2.com/products/vanta/reviews) By Vanta **Average Rating:** 4.6/5 **Total Reviews:** 2,705 It was clear that security and privacy had become mainstream issues, and that we all increasingly relied on cloud services to store everything from our personal photos to our communications at work. Vanta’s mission is to be the layer of trust on top of these services, and to secure the internet, increase trust in software companies, and keep consumer data safe. Today, we're a growing team in San Francisco passionate about making the internet more secure and elevating the standards for technology companies. Reviewers say compared to Formalize, Vanta is: - Slower to reach roi - More expensive - More usable Categories in common with Formalize: [Security Compliance](https://www.g2.com/categories/security-compliance), [Third Party & Supplier Risk Management](https://www.g2.com/categories/third-party-supplier-risk-management) **Compare:** [Formalize vs Vanta](https://www.g2.com/compare/formalize-vs-vanta) **Compare Vanta with other alternatives:** - [Vanta vs Optro](https://www.g2.com/compare/optro-vs-vanta) - [Vanta vs Drata](https://www.g2.com/compare/drata-vs-vanta) - [Vanta vs Secureframe](https://www.g2.com/compare/secureframe-vs-vanta) - [Vanta vs Sprinto](https://www.g2.com/compare/sprinto-inc-vs-vanta) - [Vanta vs Scrut Automation](https://www.g2.com/compare/scrut-automation-vs-vanta) - [Vanta vs UpGuard Vendor Risk](https://www.g2.com/compare/upguard-vendor-risk-vs-vanta) - [Vanta vs TeamMate](https://www.g2.com/compare/teammate-vs-vanta) - [Vanta vs Thoropass](https://www.g2.com/compare/thoropass-vs-vanta) - [Vanta vs Pirani](https://www.g2.com/compare/pirani-vs-vanta) ### 2. [Optro](https://www.g2.com/products/optro/reviews) By Optro **Average Rating:** 4.6/5 **Total Reviews:** 1,623 Optro's modern connected risk platform is designed to elevate your teams, engage the front lines of your business, and help you leverage risk as a strategic driver. At the heart of our connected risk architecture is a unified data core that centralizes your organization's risks, controls, policies, frameworks, issues, and more. The core is surrounded by a set of powerful platform capabilities, including collaboration, automation, a robust workflow engine, business intelligence, and a highly extensible integration layer. Together, Optro's unified core and purposefully designed platform capabilities set a strong, dynamic foundation for our award-winning applications — RiskOversight, CrossComply, SOXHUB, OpsAudit, ESG, and TPRM. Reviewers say compared to Formalize, Optro is: - Slower to reach roi - More expensive - More usable Categories in common with Formalize: [Security Compliance](https://www.g2.com/categories/security-compliance), [Third Party & Supplier Risk Management](https://www.g2.com/categories/third-party-supplier-risk-management), [IT Risk Management](https://www.g2.com/categories/it-risk-management) **Compare:** [Formalize vs Optro](https://www.g2.com/compare/formalize-vs-optro) **Compare Optro with other alternatives:** - [Optro vs Vanta](https://www.g2.com/compare/optro-vs-vanta) - [Optro vs Drata](https://www.g2.com/compare/drata-vs-optro) - [Optro vs Secureframe](https://www.g2.com/compare/optro-vs-secureframe) - [Optro vs Sprinto](https://www.g2.com/compare/optro-vs-sprinto-inc) - [Optro vs Scrut Automation](https://www.g2.com/compare/optro-vs-scrut-automation) - [Optro vs UpGuard Vendor Risk](https://www.g2.com/compare/optro-vs-upguard-vendor-risk) - [Optro vs TeamMate](https://www.g2.com/compare/optro-vs-teammate) - [Optro vs Thoropass](https://www.g2.com/compare/optro-vs-thoropass) - [Optro vs Pirani](https://www.g2.com/compare/optro-vs-pirani) ### 3. [Drata](https://www.g2.com/products/drata/reviews) By Drata **Average Rating:** 4.7/5 **Total Reviews:** 1,337 Drata is the world's most advanced security and compliance automation platform with the mission to help businesses earn and keep the trust of their users, customers, partners, and prospects. With Drata, thousands of companies streamline risk management and over 12 compliance frameworks—such as SOC 2, ISO 27001, GDPR, CCPA, PCI DSS and more—through automation, resulting in a strong security posture, lower costs, and less time spent preparing for audits. Reviewers say compared to Formalize, Drata is: - Slower to reach roi - More expensive - More usable Categories in common with Formalize: [Security Compliance](https://www.g2.com/categories/security-compliance) **Compare:** [Formalize vs Drata](https://www.g2.com/compare/drata-vs-formalize) **Compare Drata with other alternatives:** - [Drata vs Vanta](https://www.g2.com/compare/drata-vs-vanta) - [Drata vs Optro](https://www.g2.com/compare/drata-vs-optro) - [Drata vs Secureframe](https://www.g2.com/compare/drata-vs-secureframe) - [Drata vs Sprinto](https://www.g2.com/compare/drata-vs-sprinto-inc) - [Drata vs Scrut Automation](https://www.g2.com/compare/drata-vs-scrut-automation) - [Drata vs UpGuard Vendor Risk](https://www.g2.com/compare/drata-vs-upguard-vendor-risk) - [Drata vs TeamMate](https://www.g2.com/compare/drata-vs-teammate) - [Drata vs Thoropass](https://www.g2.com/compare/drata-vs-thoropass) - [Drata vs Pirani](https://www.g2.com/compare/drata-vs-pirani) ### 4. [Secureframe](https://www.g2.com/products/secureframe/reviews) By Secureframe **Average Rating:** 4.7/5 **Total Reviews:** 814 Secureframe helps companies get enterprise ready by streamlining SOC 2 and ISO 27001 compliance. Secureframe allows companies to get compliant within weeks, rather than months and monitors 40+ services, including AWS, GCP, and Azure. Reviewers say compared to Formalize, Secureframe is: - Slower to reach roi - More expensive - More usable Categories in common with Formalize: [Security Compliance](https://www.g2.com/categories/security-compliance), [Third Party & Supplier Risk Management](https://www.g2.com/categories/third-party-supplier-risk-management) **Compare:** [Formalize vs Secureframe](https://www.g2.com/compare/formalize-vs-secureframe) **Compare Secureframe with other alternatives:** - [Secureframe vs Vanta](https://www.g2.com/compare/secureframe-vs-vanta) - [Secureframe vs Optro](https://www.g2.com/compare/optro-vs-secureframe) - [Secureframe vs Drata](https://www.g2.com/compare/drata-vs-secureframe) - [Secureframe vs Sprinto](https://www.g2.com/compare/secureframe-vs-sprinto-inc) - [Secureframe vs Scrut Automation](https://www.g2.com/compare/scrut-automation-vs-secureframe) - [Secureframe vs UpGuard Vendor Risk](https://www.g2.com/compare/secureframe-vs-upguard-vendor-risk) - [Secureframe vs TeamMate](https://www.g2.com/compare/secureframe-vs-teammate) - [Secureframe vs Thoropass](https://www.g2.com/compare/secureframe-vs-thoropass) - [Secureframe vs Pirani](https://www.g2.com/compare/pirani-vs-secureframe) ### 5. [Sprinto](https://www.g2.com/products/sprinto-inc/reviews) By Sprinto Technology Private Limited **Average Rating:** 4.7/5 **Total Reviews:** 1,679 Sprinto is an AI-native GRC platform that helps organizations manage compliance, risks, audits, vendor oversight, and continuous monitoring — all from one connected platform. By integrating across an organization’s tech stack and automating compliance workflows, Sprinto helps businesses move from fragmented processes to a single source of truth. Trusted by 3,000+ companies across 75 countries, Sprinto helps organizations stay audit-ready, manage real-time risks, and scale fearlessly with 300+ integrations and AI-driven automation. Sprinto supports 200+ global security standards, including SOC 2, ISO 27001, GDPR, HIPAA, PCI-DSS, and more. Founded in 2020 by second-time founders Girish Redekar and Raghuveer Kancherla, Sprinto powers compliance for companies like Whatfix, Encora, Anaconda, Whatnot, Ultrahuman, WeWork, Everstage, AI Foundation, HackerRank, and many more. From fast-growing startups chasing their first certification to mature enterprises driving proactive risk management, Sprinto enables trust and resilience at every stage of a company’s growth. Reviewers say compared to Formalize, Sprinto is: - Slower to reach roi - More expensive - More usable Categories in common with Formalize: [Security Compliance](https://www.g2.com/categories/security-compliance), [IT Risk Management](https://www.g2.com/categories/it-risk-management) **Compare:** [Formalize vs Sprinto](https://www.g2.com/compare/formalize-vs-sprinto-inc) **Compare Sprinto with other alternatives:** - [Sprinto vs Vanta](https://www.g2.com/compare/sprinto-inc-vs-vanta) - [Sprinto vs Optro](https://www.g2.com/compare/optro-vs-sprinto-inc) - [Sprinto vs Drata](https://www.g2.com/compare/drata-vs-sprinto-inc) - [Sprinto vs Secureframe](https://www.g2.com/compare/secureframe-vs-sprinto-inc) - [Sprinto vs Scrut Automation](https://www.g2.com/compare/scrut-automation-vs-sprinto-inc) - [Sprinto vs UpGuard Vendor Risk](https://www.g2.com/compare/sprinto-inc-vs-upguard-vendor-risk) - [Sprinto vs TeamMate](https://www.g2.com/compare/sprinto-inc-vs-teammate) - [Sprinto vs Thoropass](https://www.g2.com/compare/sprinto-inc-vs-thoropass) - [Sprinto vs Pirani](https://www.g2.com/compare/pirani-vs-sprinto-inc) ### 6. [Scrut Automation](https://www.g2.com/products/scrut-automation/reviews) By Scrut Automation **Average Rating:** 4.9/5 **Total Reviews:** 1,313 Automatically test your cloud configurations against 150+ CIS benchmarks across multiple cloud accounts on AWS, Azure, GCP and more, to maintain a strong infosec posture. Reviewers say compared to Formalize, Scrut Automation is: - Slower to reach roi - More usable - Easier to set up Categories in common with Formalize: [Security Compliance](https://www.g2.com/categories/security-compliance), [IT Risk Management](https://www.g2.com/categories/it-risk-management) **Compare:** [Formalize vs Scrut Automation](https://www.g2.com/compare/formalize-vs-scrut-automation) **Compare Scrut Automation with other alternatives:** - [Scrut Automation vs Vanta](https://www.g2.com/compare/scrut-automation-vs-vanta) - [Scrut Automation vs Optro](https://www.g2.com/compare/optro-vs-scrut-automation) - [Scrut Automation vs Drata](https://www.g2.com/compare/drata-vs-scrut-automation) - [Scrut Automation vs Secureframe](https://www.g2.com/compare/scrut-automation-vs-secureframe) - [Scrut Automation vs Sprinto](https://www.g2.com/compare/scrut-automation-vs-sprinto-inc) - [Scrut Automation vs UpGuard Vendor Risk](https://www.g2.com/compare/scrut-automation-vs-upguard-vendor-risk) - [Scrut Automation vs TeamMate](https://www.g2.com/compare/scrut-automation-vs-teammate) - [Scrut Automation vs Thoropass](https://www.g2.com/compare/scrut-automation-vs-thoropass) - [Scrut Automation vs Pirani](https://www.g2.com/compare/pirani-vs-scrut-automation) ### 7. [UpGuard Vendor Risk](https://www.g2.com/products/upguard-vendor-risk/reviews) By UpGuard **Average Rating:** 4.5/5 **Total Reviews:** 732 Vendor Risk is a cybersecurity platform that helps global organizations prevent data breaches, monitor third-party vendors, and improve their security posture. Using proprietary security ratings, world-class data leak detection capabilities, and powerful remediation workflows, we proactively identify security exposures for companies of all sizes. Reviewers say compared to Formalize, UpGuard Vendor Risk is: - Slower to reach roi - More expensive - More usable Categories in common with Formalize: [Third Party & Supplier Risk Management](https://www.g2.com/categories/third-party-supplier-risk-management), [IT Risk Management](https://www.g2.com/categories/it-risk-management) **Compare:** [Formalize vs UpGuard Vendor Risk](https://www.g2.com/compare/formalize-vs-upguard-vendor-risk) **Compare UpGuard Vendor Risk with other alternatives:** - [UpGuard Vendor Risk vs Vanta](https://www.g2.com/compare/upguard-vendor-risk-vs-vanta) - [UpGuard Vendor Risk vs Optro](https://www.g2.com/compare/optro-vs-upguard-vendor-risk) - [UpGuard Vendor Risk vs Drata](https://www.g2.com/compare/drata-vs-upguard-vendor-risk) - [UpGuard Vendor Risk vs Secureframe](https://www.g2.com/compare/secureframe-vs-upguard-vendor-risk) - [UpGuard Vendor Risk vs Sprinto](https://www.g2.com/compare/sprinto-inc-vs-upguard-vendor-risk) - [UpGuard Vendor Risk vs Scrut Automation](https://www.g2.com/compare/scrut-automation-vs-upguard-vendor-risk) - [UpGuard Vendor Risk vs TeamMate](https://www.g2.com/compare/teammate-vs-upguard-vendor-risk) - [UpGuard Vendor Risk vs Thoropass](https://www.g2.com/compare/thoropass-vs-upguard-vendor-risk) - [UpGuard Vendor Risk vs Pirani](https://www.g2.com/compare/pirani-vs-upguard-vendor-risk) ### 8. [TeamMate](https://www.g2.com/products/teammate/reviews) By Wolters Kluwer **Average Rating:** 4.3/5 **Total Reviews:** 597 TeamMate is a purpose-built, configurable audit solution easily adapted to your workflow whether you’re a one-person team or a global audit department. Designed to streamline the audit workflow including collaboration with auditees, agile audit capabilities, data analytics, dashboarding and integration with leading business intelligence tools. Reviewers say compared to Formalize, TeamMate is: - Slower to reach roi - More expensive Categories in common with Formalize: [Security Compliance](https://www.g2.com/categories/security-compliance), [IT Risk Management](https://www.g2.com/categories/it-risk-management) **Compare:** [Formalize vs TeamMate](https://www.g2.com/compare/formalize-vs-teammate) **Compare TeamMate with other alternatives:** - [TeamMate vs Vanta](https://www.g2.com/compare/teammate-vs-vanta) - [TeamMate vs Optro](https://www.g2.com/compare/optro-vs-teammate) - [TeamMate vs Drata](https://www.g2.com/compare/drata-vs-teammate) - [TeamMate vs Secureframe](https://www.g2.com/compare/secureframe-vs-teammate) - [TeamMate vs Sprinto](https://www.g2.com/compare/sprinto-inc-vs-teammate) - [TeamMate vs Scrut Automation](https://www.g2.com/compare/scrut-automation-vs-teammate) - [TeamMate vs UpGuard Vendor Risk](https://www.g2.com/compare/teammate-vs-upguard-vendor-risk) - [TeamMate vs Thoropass](https://www.g2.com/compare/teammate-vs-thoropass) - [TeamMate vs Pirani](https://www.g2.com/compare/pirani-vs-teammate) ### 9. [Thoropass](https://www.g2.com/products/thoropass/reviews) By Thoropass **Average Rating:** 4.7/5 **Total Reviews:** 582 Thoropass is an all-in-one compliance automation platform that streamlines the entire compliance and audit process by integrating advanced technology with expert guidance. Designed to eliminate the complexities associated with traditional compliance methods, Thoropass offers a seamless solution for achieving and maintaining certifications such as SOC 2, ISO 27001, HITRUST, PCI DSS, and HIPAA. By automating evidence collection, policy creation, and continuous monitoring, Thoropass significantly reduces manual effort, accelerates audit timelines, and enhances overall security posture. Key Features and Functionality: - Automated Evidence Collection and AI Validation: Streamlines the audit preparation process by automatically gathering and validating evidence, reducing manual workload and minimizing errors. - Continuous Monitoring and Alerts: Provides real-time tracking of compliance status and promptly notifies users of any issues, ensuring ongoing adherence to regulatory requirements. - Risk Assessment and Management: Offers tools to identify, assess, and mitigate security risks, helping organizations proactively manage their compliance landscape. - Security Questionnaire Automation: Simplifies the process of responding to security questionnaires by automating responses, saving time and ensuring consistency. - Integrated Audit Services: Combines compliance automation with in-house audit services, offering a cohesive and efficient audit experience without the need for third-party auditors. - Pentesting Services: Provides penetration testing to identify vulnerabilities, ensuring robust security measures are in place. Primary Value and Problem Solved: Thoropass addresses the challenges of traditional compliance processes, which often involve extensive manual effort, fragmented tools, and prolonged audit cycles. By offering a unified platform that automates key compliance tasks and integrates expert audit services, Thoropass reduces compliance and audit overhead by up to 80%, accelerates time-to-audit by 62%, and eliminates over 950 annual work hours for its customers. This comprehensive approach allows organizations to focus on their core business activities while maintaining a strong security and compliance posture. Reviewers say compared to Formalize, Thoropass is: - Slower to reach roi - More expensive - More usable Categories in common with Formalize: [Security Compliance](https://www.g2.com/categories/security-compliance), [IT Risk Management](https://www.g2.com/categories/it-risk-management) **Compare:** [Formalize vs Thoropass](https://www.g2.com/compare/formalize-vs-thoropass) **Compare Thoropass with other alternatives:** - [Thoropass vs Vanta](https://www.g2.com/compare/thoropass-vs-vanta) - [Thoropass vs Optro](https://www.g2.com/compare/optro-vs-thoropass) - [Thoropass vs Drata](https://www.g2.com/compare/drata-vs-thoropass) - [Thoropass vs Secureframe](https://www.g2.com/compare/secureframe-vs-thoropass) - [Thoropass vs Sprinto](https://www.g2.com/compare/sprinto-inc-vs-thoropass) - [Thoropass vs Scrut Automation](https://www.g2.com/compare/scrut-automation-vs-thoropass) - [Thoropass vs UpGuard Vendor Risk](https://www.g2.com/compare/thoropass-vs-upguard-vendor-risk) - [Thoropass vs TeamMate](https://www.g2.com/compare/teammate-vs-thoropass) - [Thoropass vs Pirani](https://www.g2.com/compare/pirani-vs-thoropass) ### 10. [Pirani](https://www.g2.com/products/pirani/reviews) By Pirani **Average Rating:** 4.6/5 **Total Reviews:** 361 The Pirani software is the perfect solution for businesses of all sizes trying to mitigate operational risks and ensure compliance with regulatory standards. With its easy-to-use interface and comprehensive risk management capabilities, Pirani helps businesses identify, measure, control, and monitor risks centrally. What's more, Pirani offers a Free plan with no required credit card so you can try it out completely risk-free. Subscription plans are also available for business. Reviewers say compared to Formalize, Pirani is: - Slower to reach roi - More expensive - More usable Categories in common with Formalize: [Security Compliance](https://www.g2.com/categories/security-compliance), [IT Risk Management](https://www.g2.com/categories/it-risk-management) **Compare:** [Formalize vs Pirani](https://www.g2.com/compare/formalize-vs-pirani) **Compare Pirani with other alternatives:** - [Pirani vs Vanta](https://www.g2.com/compare/pirani-vs-vanta) - [Pirani vs Optro](https://www.g2.com/compare/optro-vs-pirani) - [Pirani vs Drata](https://www.g2.com/compare/drata-vs-pirani) - [Pirani vs Secureframe](https://www.g2.com/compare/pirani-vs-secureframe) - [Pirani vs Sprinto](https://www.g2.com/compare/pirani-vs-sprinto-inc) - [Pirani vs Scrut Automation](https://www.g2.com/compare/pirani-vs-scrut-automation) - [Pirani vs UpGuard Vendor Risk](https://www.g2.com/compare/pirani-vs-upguard-vendor-risk) - [Pirani vs TeamMate](https://www.g2.com/compare/pirani-vs-teammate) - [Pirani vs Thoropass](https://www.g2.com/compare/pirani-vs-thoropass) ## Explore Articles - [Is a dedicated retail media platform worth it for a small brand managing Amazon ads?](https://www.g2.com/discussions/is-a-dedicated-retail-media-platform-worth-it-for-a-small-brand-managing-amazon-ads) - [Which identity access app is best for enterprises](https://www.g2.com/discussions/which-identity-access-app-is-best-for-enterprises-let-s-break-it-down) - [Best project management app with time tracking](https://www.g2.com/discussions/best-project-management-app-with-time-tracking) - [Which platform offers the fastest master data onboarding process?](https://www.g2.com/discussions/which-platform-offers-the-fastest-master-data-onboarding-process) - [What influencer marketing platforms work well for a mid-market brand that needs to run campaigns across multiple channels without a big agency?](https://www.g2.com/discussions/what-influencer-marketing-platforms-work-well-for-a-mid-market-brand-that-needs-to-run-campaigns-across-multiple-channels-without-a-big-agency) - [What platform offers the best integration with legal research tools?](https://www.g2.com/discussions/what-platform-offers-the-best-integration-with-legal-research-tools) ## Spotlight Categories - [Product Information Management (PIM) Systems](https://www.g2.com/categories/product-information-management-pim) - [Digital Asset Management Software](https://www.g2.com/categories/digital-asset-management) - [Auto Dialer Software](https://www.g2.com/categories/auto-dialer)