---
title: Formalize Reviews
meta_title: 'Formalize Reviews 2026: Details, Pricing, & Features | G2'
meta_description: Filter 43 reviews by the users' company size, role or industry to
  find out how Formalize works for a business like yours.
aggregate_rating:
  rating_value: 4.8
  review_count: 43
  scale: '5'
date_modified: '2026-07-20'
parent_category:
  name: Governance, Risk & Compliance
  url: https://www.g2.com/categories/governance-risk-compliance
---

# Formalize Reviews
**Vendor:** Formalize  
**Category:** [Third Party & Supplier Risk Management Software](https://www.g2.com/categories/third-party-supplier-risk-management)  
**Average Rating:** 4.8/5.0  
**Total Reviews:** 43
## About Formalize
Formalize transforms overwhelming compliance demands into actionable compliance workflows. No chaos, just clarity. Formalize streamlines compliance workflows and automates processes for, such as NIS2, ISO27001, SOC2, DORA, and more. Our GRC software provides flexibility in the compliance space where legal requirements for information security are continuously increasing. With our finger on the legal-tech pulse, we make sure our tool enables you to meet compliance with confidence. 5,000,000+ people have access to Formalize ApS compliance software products, which focus on customisability, ease of use, and building relationships with our users.





## Formalize Discussions
  - [What is Formalize used for?](https://www.g2.com/discussions/what-is-formalize-used-for)

- [View Formalize pricing details and edition comparison](https://www.g2.com/products/formalize/reviews?page=2&section=pricing&secure%5Bexpires_at%5D=2026-07-20+09%3A04%3A09+-0500&secure%5Bsession_id%5D=753f6edb-aa36-43dd-8c59-166dfa2d23c9&secure%5Btoken%5D=71fcf3d0ea29da2c6c9daa01f60579326fbebaf4d5bee3a7fb6d9ca081c85ef3&format=llm_user)

## Formalize Features
**Functionality**
- Data Subject Access Requests
- Identity Verification
- Privacy Impact Assessments
- Data Mapping - survey-based
- Data Mapping - automated
- Data Discovery
- Data Classification
- De-identification/pseudonymization
- Breach notification
- Consent management
- Website tracking scanning
- Data access governance

**Risk Assessment**
- Scoring
- AI

**Generative AI**
- AI Text Generation

**Risk Control**
- Reviews
- Policies
- Workflows

**Generative AI - Security Compliance**
- Predictive Risk
- Automated Documentation

**Monitoring - IT Risk Management**
- AI Monitoring

**Monitoring**
- Vendor Performance
- Notifications
- Oversight

**Agentic AI - IT Risk Management**
- Autonomous Task Execution
- Multi-step Planning

**Reporting**
- Templates
- Centralized Data
- 360 View

**Agentic AI - Third Party & Supplier Risk Management**
- Adaptive Learning
- Decision Making

## Top Formalize Alternatives
  - [Optro](https://www.g2.com/products/optro/reviews) - 4.6/5.0 (1,586 reviews)
  - [Vanta](https://www.g2.com/products/vanta/reviews) - 4.6/5.0 (2,624 reviews)
  - [Drata](https://www.g2.com/products/drata/reviews) - 4.7/5.0 (1,322 reviews)