The Top 12 Governance, Risk, And Compliance (GRC) Platforms

Hyperproof is an IT compliance and risk operations platform that streamlines security assurance. Founded in 2018 and headquartered in Seattle, Washington, Hyperproof offers real-time reporting on GRC functions through multiple admin dashboards.

Why We Picked Hyperproof: We like Hyperproof’s ability to configure specific programs for various compliance regimes like NIST, SOC2, and FedRAMP, and its comprehensive auditing capabilities that allow detailed evidence collection and external auditor access.

Hyperproof Best Features: Features include real-time GRC reporting, customizable compliance programs for over 110 templates, flexible automation setup, and over 60 integrations with apps like AWS, Salesforce, and Microsoft 365. The platform also supports detailed audits with granular control over data visibility and automated risk assessments based on vendor questionnaires.

What’s great:

• Real-time reporting on GRC functions
• Highly customizable compliance programs
• Comprehensive auditing with external auditor access
• Flexible and simple automation setup
• Over 60 integrations with popular applications

What to consider:

• Best suited for mid-market to large enterprises

Pricing: For detailed pricing, visit Hyperproof directly.

Who it’s for: Hyperproof is best suited for mid-market to large enterprises needing a compliance framework-agnostic platform with customizable programs and comprehensive auditing capabilities.

Kaseya’s RapidFireTools Compliance Manager GRC is a SaaS-based IT risk management suite designed to streamline governance, risk, and compliance processes. It supports major compliance frameworks like NIST, PCI DSS, SOC 2, GDPR, and HIPAA, ensuring organizations of all sizes can automate and manage compliance assessments effectively.

Why We Picked Compliance Manager GRC: We appreciate its comprehensive support for multiple compliance frameworks and the ability to automate assessments, significantly reducing manual effort.

Compliance Manager GRC Best Features: Key features include automated compliance assessments, support for major frameworks, customizable compliance templates, third-party vendor assessment portal, end-user security awareness training, and advanced policy controls. Integrations include native compatibility with other Kaseya products, such as Vulscan for vulnerability management.

What’s great:

• Streamlines compliance across multiple frameworks
• Automates assessments to reduce manual work
• Modern, easy-to-navigate admin console
• Offers scalable multi-tenant support for MSPs
• Provides options for full white-labeling

What to consider:

• Advanced features might need additional configuration

Pricing: For detailed pricing, contact Kaseya directly.

Who it’s for: Compliance Manager GRC is ideal for companies and MSPs seeking to automate and manage compliance assessments efficiently, particularly those requiring multi-tenant support and white-labeling options.

Archer Insight is a risk management solution that enables decision-makers to analyze the economic impact of risks and the value of potential mitigations. It integrates risk quantification into the Enterprise Risk Management (ERM) program, offering a standardized approach to understanding enterprise-level risk.

Why We Picked Archer Insight: We appreciate Archer Insight’s ability to convert qualitative risk ratings into quantitative values, facilitating a scalable and consistent approach to risk management.

Archer Insight Best Features: Key features include a built-in methodology for risk quantification, a pre-built mathematical model for analyzing various risk types, cost-benefit analysis capabilities, and detailed risk comparison for prioritization. It also offers the Bowtie method for risk illustration and control mapping for measuring control costs. Archer Insight integrates with existing data and processes, enhancing its user-friendliness.

What’s great:

• Standardizes risk exposure calculations across the enterprise
• Converts qualitative risk ratings into quantitative values
• Facilitates effective risk prioritization and resource allocation
• Supports multiple risk types, including enterprise, operational, cyber, and non-cyber risks
• User-friendly approach to mathematical and statistical quantification

What to consider:

• May require initial training for users unfamiliar with risk quantification methods

Pricing: For specific pricing details, please contact Archer directly.

Who it’s for: Archer Insight is ideal for organizations seeking a comprehensive and standardized approach to risk management, particularly those with diverse risk types and a need for detailed economic analysis.

AuditBoard is a comprehensive risk management platform designed to enhance audit, risk, IT security, and ESG programs. It streamlines workflows and connects risk insights across functions, providing real-time reporting and a holistic view of an organization’s risk landscape.

Why We Picked AuditBoard: We appreciate AuditBoard’s AI-driven content generation and recommendations, which significantly enhance efficiency and effectiveness in risk management.

AuditBoard Best Features: Key features include AI-driven content generation, no-code analytics, automated evidence collection and testing, and intuitive reporting through visual dashboards. Integrations include Microsoft Office, Google Drive, Jira, ServiceNow, GitHub, Qualys, Fastpath, Alteryx, Snowflake, PowerBi, and Tableau.

What’s great:

• Streamlines workflows and connects risk insights across functions
• Real-time reporting provides a holistic view of risk
• AI-driven features enhance efficiency and effectiveness
• Seamless integration with workplace systems increases adoption

What to consider:

• May require training to fully leverage advanced features

Pricing: For detailed pricing, contact AuditBoard directly.

Who it’s for: AuditBoard is best suited for organizations looking to enhance their audit, risk, and compliance programs with a comprehensive, AI-driven platform that integrates seamlessly with existing systems.

Diligent HighBond is a Governance, Risk, and Compliance (GRC) solution that streamlines GRC processes and provides executives with a high level of assurance. It centralizes control over GRC, allowing organizations to design automated, end-to-end workflows that ensure real-time policy adaptation.

Why We Picked Diligent HighBond: We appreciate HighBond’s advanced data analytics, which make in-depth insights accessible to users regardless of technical expertise. Its ability to pull risk data from across the organization and share it through customizable storyboards and one-click reports provides real-time insights to decision-makers.

Diligent HighBond Best Features: Key features include automated workflows for real-time policy adaptation, advanced data analytics, customizable risk and control libraries, and comprehensive visibility through ready-to-use dashboards and reports. Integrations include the ability to pull risk data from across the organization, and it adheres to the NIST Cybersecurity Framework and follows ISO/IEC 27001 standards, implementing an Information Security Management System (ISMS).

What’s great:

• Centralizes control over GRC processes
• Provides real-time insights through customizable storyboards and reports
• Advanced analytics identify risk patterns and predict threats
• Automates monitoring to reveal unaddressed discrepancies and anomalies

What to consider:

• Customization of risk and control libraries may require additional time

Pricing: For pricing details, visit Diligent’s website directly.

Who it’s for: Diligent HighBond is best suited for organizations looking to enhance governance and reduce costs through automation, advanced analytics, and customizable features. It is ideal for businesses that require comprehensive visibility into GRC data and real-time policy adaptation.

Drata is a compliance automation platform that helps businesses achieve audit-ready status with the support of security and compliance experts. It features over 85 native integrations and the ability to create custom integrations through an open API, allowing seamless evidence collection and control monitoring across various systems.

Why We Picked Drata: We appreciate Drata’s extensive integration capabilities and its ability to automate evidence collection, eliminating manual tasks like screenshot-taking and spreadsheet management.

Drata Best Features: Key features include automation of evidence collection, over 85 native integrations, open API for custom integrations, more than 17 pre-built compliance frameworks, a library of over 500 controls, customizable controls, pre-configured tests, pass/fail thresholds, continuous control monitoring, role-based access, and separate workspaces for different business units.

What’s great:

• Automates evidence collection, reducing manual work
• Extensive integration capabilities with over 85 native integrations
• Supports diverse compliance needs with pre-built and custom frameworks
• Continuous monitoring ensures real-time compliance visibility
• Role-based access protects sensitive data and streamlines workflows

What to consider:

• Custom integrations might need technical expertise

Pricing: For pricing details, visit Drata’s website directly.

Who it’s for: Drata is ideal for businesses seeking to streamline their compliance processes with automation, particularly those with diverse compliance needs and multiple business units.

IBM OpenPages is an AI-powered Governance, Risk, and Compliance (GRC) platform that integrates risk management functions within a unified environment. It is designed for seamless integration with IBM Cloud Pak for Data, enabling businesses to efficiently identify, manage, monitor, and report on risks and regulatory compliance.

Why We Picked IBM OpenPages: We appreciate its adaptability and full configurability, supporting tens of thousands of users. Its comprehensive dashboards and dimensional reporting provide clear insights into organizational risk.

IBM OpenPages Best Features: Key features include a task-focused user interface that minimizes training, customizable user experiences with favorites, heat-maps, and sibling relationships, dynamic guidance for building key fields, comprehensive dashboards, charts, and dimensional reporting. It also includes GRC-embedded workflows that can run on-demand, scheduled, or upon object creation, drag-and-drop functionality for workflow modification, a calculation engine for automating risk-related calculations, and a single data repository for a consistent view of compliance and risk management.

What’s great:

• Task-focused interface reduces training time
• Comprehensive dashboards provide clear risk insights
• Highly customizable for various organizational needs
• Automates risk-related calculations efficiently
• Supports tens of thousands of users

What to consider:

• Complex setups may require additional configuration

Pricing: For pricing details, please contact IBM directly.

Who it’s for: IBM OpenPages is best suited for large enterprises and organizations that require a scalable, configurable GRC solution to manage extensive risk and compliance needs across multiple levels and departments.

LogicGate Risk Cloud is a centralized platform designed to enhance business risk management programs. It streamlines operations by reducing redundant controls, automating evidence collection, and facilitating cross-team collaboration.

Why We Picked LogicGate Risk Cloud: We appreciate its no-code interface, which allows businesses to adapt to changing risk environments without technical expertise. The platform’s ability to quantify risk in monetary terms also stands out, aiding clear communication with stakeholders.

LogicGate Risk Cloud Best Features: Key features include a shared risk register, centralized control repository, and platform-wide reporting capabilities. It supports customization of program architecture and workflow streamlining. Additional features include integrated third-party risk intelligence, automated workflows, notifications, and control evidence collection. The platform covers solutions like controls compliance, cyber risk management, operational resiliency, data privacy management, enterprise risk management, environmental/social/governance, internal audit management, policy management, regulatory compliance, and third-party risk management.

What’s great:

• Enables proactive risk management
• User-friendly interface requires no coding
• Quantifies risk in monetary terms
• Facilitates cross-team collaboration
• Supports a wide range of risk management solutions

What to consider:

• Complex setups may require initial time investment

Pricing: For pricing details, visit LogicGate Risk Cloud directly.

Who it’s for: LogicGate Risk Cloud is ideal for businesses of all sizes looking to enhance their risk management programs, particularly those needing a flexible, comprehensive solution to manage various risk types and compliance requirements.

Onspring GRC Management is a comprehensive solution that unifies governance, risk, and compliance practices. It effectively manages frameworks like ISO, NIST, and CMMC, and automates compliance testing and attestations across functional groups.

Why We Picked Onspring GRC Management: We appreciate its robust risk register creation and streamlined risk assessment processes. The platform’s integrated modules automate and prioritize risk assessments effectively.

Onspring GRC Management Best Features: Key features include automation of compliance testing and attestations, risk management for risk assessments, internal audit for audit plans and workpaper management, and compliance for control library and regulatory monitoring. Additional modules cover policy management, third-party vendor risk, environmental, social, and governance issues, incident and asset management, and continuity and recovery. Onspring integrates with live dashboards, key metrics, and audit-ready reports.

What’s great:

• Automates compliance testing and attestations
• Streamlines risk assessment processes
• Offers integrated modules for comprehensive GRC management
• Provides live dashboards and audit-ready reports
• Supports multiple governance frameworks

What to consider:

• Customization might be necessary for specific organizational needs

Pricing: For pricing details, visit Onspring directly.

Who it’s for: Onspring GRC Management is best suited for organizations seeking a unified solution to manage governance, risk, and compliance across various frameworks and operational areas. It is ideal for businesses aiming to improve decision-making and operational resilience.

Resolver is an all-in-one governance, risk, and compliance solution that streamlines processes and enhances risk culture within businesses. It focuses on four key areas to provide valuable insights and automate tasks, helping organizations operate more securely and efficiently.

Why We Picked Resolver: We like that Resolver offers comprehensive enterprise risk management, supporting organizational boards and senior leaders in identifying and managing risks from a strategic perspective.

Resolver Best Features: Features include enterprise risk management, regulatory compliance monitoring, data-informed and risk-based internal audit processes, and vendor risk management. Integrations include workflow management, timed reminders, and user-friendly interfaces for audit clients.

What’s great:

• Streamlines risk management and compliance processes
• Supports strategic risk identification and management
• Improves internal audit efficiency with data-informed approaches
• Enhances vendor risk management to minimize incident impact

What to consider:

• May require initial setup and training for optimal use

Pricing: For pricing details, visit Resolver directly.

Who it’s for: Resolver is best suited for businesses looking to enhance their governance, risk, and compliance processes, particularly those needing comprehensive risk management and regulatory compliance solutions.

SAI360 is a comprehensive compliance and risk management solution that equips businesses with tools to maintain a culture of compliance and make informed decisions. The platform features unified management systems, real-time dashboards, and automated workflows to identify gaps, detect problems, and respond to risks.

Why We Picked SAI360: We appreciate SAI360’s unified management systems that provide a complete view of risk across an organization, along with its real-time dashboards for immediate risk assessment.

SAI360 Key Features: The platform offers enterprise and operational risk management, risk and control self-assessment, continuous KPI monitoring, and actionable analytics. It also includes ethics and compliance learning with customizable, multilingual training on over 20 risk topics. Additional tools cover digital risk management, vendor risk management, and business continuity, supported by an extensive regulatory content knowledge base. The solution integrates with Evotix, providing end-to-end EHS and sustainability services.

What’s Great:

• Comprehensive view of organizational risk
• Real-time dashboards for immediate risk assessment
• Extensive regulatory content knowledge base
• Customizable ethics and compliance training
• Integration with Evotix for EHS and sustainability

What To Consider:

• Customization of training modules may be necessary for specific industry needs

Pricing: For detailed pricing, contact SAI360 directly.

Best Suited For: SAI360 is ideal for large enterprises and organizations that need robust risk management and compliance solutions across multiple domains, including ethics, digital risk, and sustainability.

Vanta is a comprehensive security and compliance platform tailored for growing companies aiming to enhance trust with partners and customers. It streamlines compliance by automatically discovering new assets, employees, and vendors, and continuously monitoring critical business tools and services.

Why We Picked Vanta: We like Vanta’s automated asset discovery and continuous monitoring capabilities. These features ensure that companies can maintain compliance effortlessly while scaling.

Vanta Best Features: Key features include automated asset, employee, and vendor discovery, continuous monitoring of business tools, centralized access reviews, enriched contextual findings, and real-time monitoring with alerts. Integrations include two-way task tracker connections and the ability to build custom connections using the GraphQL API. Vanta supports over 20 compliance frameworks, allowing for long-term compliance roadmaps or customized solutions.

What’s great:

• Automates discovery and monitoring for seamless compliance management
• Provides enriched contextual findings with best practice recommendations
• Enhances access reviews with insights on third-party application risks
• Offers real-time monitoring and alerts for efficient remediation
• Supports multiple compliance frameworks for tailored solutions

What to consider:

• Custom connections may require time investment

Pricing: For detailed pricing, visit Vanta’s website directly.

Who it’s for: Vanta is best suited for growing companies looking to efficiently manage security and compliance, particularly those needing to establish and maintain trust with partners and customers through automated processes and real-time security documentation.