Top 10 Formalize Alternatives & Competitors

Top 10 Alternatives to Formalize Recently Reviewed By G2 Community

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Microsoft Purview Records Management
By Microsoft
4.3/5
(40)
Product Description
Microsoft Purview Records Management is a comprehensive solution designed to help organizations manage their regulatory, legal, and business-critical records within the Microsoft 365 environment. By leveraging this system, organizations can meet legal obligations, demonstrate compliance with regulations, and enhance operational efficiency through the systematic disposition of items that are no longer required. Key Features and Functionality: - Retention Labels: Create and configure retention labels to mark items as records. These labels can be applied manually by users or automatically based on specific criteria such as sensitive information, keywords, or content types. - File Plan Management: Develop and manage a file plan to organize retention labels, allowing for the import of existing retention plans or the creation of new ones to meet organizational requirements. - Event-Based Retention: Initiate retention periods based on specific events, ensuring that records are retained for the appropriate duration following significant occurrences. - Disposition Reviews: Implement disposition reviews to validate and approve the deletion of records at the end of their retention periods, providing proof of disposition and ensuring compliance with regulatory requirements. - Automated Classification: Utilize automated policies to classify and govern data at scale based on file properties, the presence of sensitive data, or machine learning, reducing manual effort and enhancing accuracy. Primary Value and Problem Solved: Microsoft Purview Records Management addresses the critical need for organizations to systematically manage their records throughout their lifecycle. By providing tools for labeling, classifying, retaining, and disposing of records, it ensures that organizations can comply with legal and regulatory requirements, mitigate risks associated with data retention, and improve operational efficiency. The solution's automated features reduce manual workload, minimize human error, and provide a defensible process for records management, thereby enhancing overall data governance and compliance posture.
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Reviewers say compared to Formalize, Microsoft Purview Records Management is:
Slower to reach roi
Categories in common with Formalize:
Other GRC Tools

SAP Management of Change
By SAP
4.1/5
(17)
Product Description
SAP Management of Change (MOC is a comprehensive application designed to facilitate and document operational changes within an organization. It enables businesses to implement modifications to equipment, materials, chemicals, operating conditions, procedures, and organizational structures with confidence, ensuring that potential risks are thoroughly assessed and controlled. By automating the identification of experts and approvers, managing change checklists and rules, and providing robust workflow and status management tools, SAP MOC helps organizations maintain safe operations, accelerate project delivery, and improve overall productivity. Key Features and Functionality: - Automated Changes: Guides dynamic change-request processes through rules-based activity creation, automates the release and status of operational changes, and allows for predefined answers to prerequisite questions. - Process Auditability and Consistency: Establishes standard processes, maintains up-to-date change logs, and time-stamps user remarks to ensure thorough documentation and compliance. - Process Adaptability and Correction: Utilizes configurable templates and rules to reduce implementation and adoption costs, manages both parallel and sequential processing of tasks with notifications to relevant personnel, and minimizes data entry errors through closed-loop integration with core ERP systems. Primary Value and Problem Solved: SAP MOC addresses the critical need for organizations to manage operational changes systematically and safely. By providing a structured framework for assessing, approving, and documenting changes, it mitigates risks associated with operational modifications, ensures compliance with safety and regulatory standards, and enhances overall operational efficiency. This leads to safer work environments, faster project execution, and reduced manual effort, ultimately supporting sustainable growth and operational excellence.
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Communication Compliance
By Microsoft
4.5/5
(12)
Product Description
Microsoft Purview Communication Compliance is a comprehensive solution designed to help organizations detect, capture, and remediate potentially inappropriate communications across various channels, including email, Microsoft Teams, Microsoft 365 Copilot, Viva Engage, and third-party platforms. By leveraging predefined and customizable policies, it enables organizations to monitor internal and external communications for regulatory compliance violations, such as sharing sensitive information, harassing language, or adult content. Built with privacy at its core, the solution ensures user anonymity through pseudonymization, incorporates role-based access controls, and maintains detailed audit logs to uphold user privacy. Key Features and Functionality: - Multi-Channel Monitoring: Supports surveillance of communications across email, Microsoft Teams, Microsoft 365 Copilot, Viva Engage, and various third-party platforms. - Customizable Policies: Offers both predefined and user-defined policies to detect specific compliance violations tailored to organizational needs. - Privacy-Centric Design: Ensures user anonymity through pseudonymization, implements role-based access controls, and maintains comprehensive audit logs to protect user privacy. - Flexible Remediation Workflows: Provides workflows to quickly address violations, including the ability to remove inappropriate messages from Microsoft Teams. - Integration with Other Tools: Seamlessly integrates with Microsoft Insider Risk Management, Power Automate, and Data Loss Prevention solutions to enhance compliance and risk management strategies. Primary Value and Problem Solved: Communication Compliance addresses the critical need for organizations to monitor and manage communication risks effectively. By detecting and mitigating regulatory compliance violations and business conduct issues, it helps organizations maintain a safe and compliant communication environment. This proactive approach not only reduces the risk of regulatory fines and legal repercussions but also fosters a positive corporate culture by ensuring that all communications adhere to established policies and standards.
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Reviewers say compared to Formalize, Communication Compliance is:
More expensive
Easier to admin
Categories in common with Formalize:
Other GRC Tools

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iManage Records Manager
By iManage
4.1/5
(11)
Product Description
iManage Records Manager is a comprehensive solution designed to centralize the governance of both physical and electronic records within an organization. By providing a unified interface, it enables administrators to set and enforce governance policies, including retention periods and disposition rules, across multiple repositories. This centralized approach ensures consistent application of policies, enhances compliance with evolving regulatory requirements, and reduces risks associated with data exposure. Additionally, by retaining only necessary records, organizations can significantly reduce storage costs. The system's intuitive approval workflows empower staff to make informed decisions regarding record retention and disposal, thereby streamlining records management processes without adding undue burden to users. Key Features and Functionality: - Unified Governance: Centralizes the management of all electronic and physical content, improving visibility and control across the organization. - Integrity and Confidentiality: Minimizes the risk of data exposure by enforcing consistent retention and disposition rules that align with governance policies. - Cost Reduction: Decreases storage costs by retaining only necessary records, eliminating unnecessary data retention. - Compliance Assurance: Aligns document and records management practices with evolving regulatory compliance requirements, ensuring adherence to industry standards. - User Approvals: Empowers staff to decide which records to retain or dispose of through consistent, intuitive approval workflows. - Enhanced Protection: Applies need-to-know access policies to sensitive documents via integration with iManage Security Policy Manager, bolstering data security. - Single Policy Control: Defines and applies a single policy to records stored across multiple repositories, eliminating the need for separate policies for each system. - Role-Specific Dashboards: Provides user-based or privilege-based interfaces with customized views of key metrics, tailoring real-time insights into records management operations to users' needs. - Centralized Management: Governs content in place, whether physical records located in offices or offsite, or electronic records across multiple repositories, such as iManage Work and Windows file shares. Primary Value and Problem Solved: iManage Records Manager addresses the critical need for organizations to effectively manage and govern their records amidst a rapidly changing regulatory environment. By centralizing records management, it enhances visibility and control over all content, ensuring consistent application of governance policies. This not only minimizes risks associated with data exposure and non-compliance but also reduces storage costs by eliminating unnecessary data retention. The system's intuitive workflows and role-specific dashboards empower users to make informed decisions, thereby streamlining records management processes and enhancing overall organizational efficiency.
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Verizon Connect GPS Asset Tracking Solution
By Verizon Connect
2.4/5
(6)
Product Description
Simple compliance for complex regulations. Verizon Connect compliance management software keeps pace with changing government regulations and gives you peace of mind that your fleet is operating safely and lawfully. It makes monitoring your drivers and vehicles easier, allowing you to focus on other aspects of your business.
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SAMMY
By Codific
4.9/5
(6)
Product Description
SAMMY is a unified platform that helps you translate frameworks into clear, measurable actions. Assess where you stand, create smart improvement plans, and demonstrate progress with actionable dashboards — all in one unified platform.
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Reviewers say compared to Formalize, SAMMY is:
Better at support
Easier to set up
More usable
Categories in common with Formalize:
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PTC Implementer
By PTC
4.4/5
(5)
Product Description
Providing developers and IT managers with an easy to use environment that speeds development by managing and streamlining critical change management and development processes.
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Activ Advanced
By MyActiv Limited
4.8/5
(5)
Product Description
Activ Select is a modular suite of ISO management software tools tailored to meet a specific ISO compliance challenge or work together as a complete, fully comprehensive ISO management system. Every organisation is different and ISO compliance needs can vary, therefore Activ Select has been designed to deliver flexible, fully configurable ISO management systems tailored to an organisation’s needs. That means you can optimise your management system for effective ISO certification by creating a bespoke Activ system that prioritises your certification and compliance needs. Activ Select offers a wide range of modules that combine into a powerful, comprehensive system. Our professional ISO management system team works in partnership with your organisation, matching your needs to build a tailored system that helps you achieve and maintain ISO certification. Any combination of modules can be ordered, additional modules can also be added at a later date, should your circumstances and requirements change. Activ Select – ISO Management System Modules ISO Certification Manager - Build an ISO compliant management system with a set of document and process templates. A simple project management plan ensures audit-readiness. Processes - Maximise efficiency with clearly mapped, consistently implemented processes. Create an all-encompassing and accessible business operating manual. File Manager - Solve the familiar problem of enabling users to locate the documents they need, whilst controlling access to sensitive information. Improvement Log - Achieve continuous improvement with accountable management of all problems and improvement opportunities. Business Risk Manager - Conduct a high level business risk assessment in a simple, structured way. Record risks, opportunities and associated controls. Assign actions. Legal Compliance Manager - Automatically create and maintain your legal register. Review your legal compliance. Stay up to date with relevant legislation changes. Information Security Risk Manager - Information security, data protection and business compliance supporting ISO 27001. Create effective risk-management workflows with real-time reporting, extensive policy and procedure templates, and data protection impact assessment. Create a real-time Statement of Applicability, access a Supplier Capability Assessment framework and deploy real-time reporting and escalation GDPR Compliance Manager - Protect personal data and ensure compliance with GDPR legislation. Audit Manager - Optimise internal auditing and routine checks. Ensure consistency with easy-to-use forms including auditor guidance and evidence capture features. Incident Log - Systematically record critical details of all incidents. Compile comprehensive investigation reports and track progress of assigned actions. Customer and Supplier Manager - Streamline customer and supplier relationship management with automated feedback and supplier approval processes HR Manager - Have a go-to place to expertly manage skills, training records and appraisals. Maintain all statutory employee records confidentially. Asset Manager - Catalogue your assets and maintain them efficiently with automated scheduling and supporting documentation Teams - For large organisations, separate information into teams so users only see information relevant to them. Agreements Manager - Catalogue, manage and assess your compliance against the ‘other requirements’ that your organisation is committed to. Assign responsibilities.
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Reviewers say compared to Formalize, Activ Advanced is:
More usable
Categories in common with Formalize:
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Intersect
By Intersect Technologies
4.6/5
(4)
Product Description
Intersect is a cloud-based compliance management software that helps businesses and consultants in South Africa digitize, centralize, and streamline their compliance processes. The software integrates with major accounting, payroll, and CIPC platforms to consolidate compliance data into one dashboard, enabling streamlined workflows, automated reporting, and efficient collaboration. Key features include company secretarial tools, employee records, document management, ownership reporting, and modules for PAIA, Employment Equity, and compliance tracking.
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Categories in common with Formalize:
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