Governance, Risk Management, and Compliance (GRC) Platforms are cloud-based integrated systems that enable organizations to effectively manage their risk and compliance processes. GRC platforms provide visibility across all aspects of an organization’s operations, from data governance to risk management to security.
They also help organizations reduce costs by automating manual processes and eliminating redundant tasks.
Additionally, these platforms allow for improved collaboration between various departments within the organization as well as with external stakeholders such as customers or regulators.
With the right GRC platform in place, organizations can improve their overall performance and remain compliant with regulations while minimizing operational risks and reducing costs associated with non-compliance.
If you’re looking for the best GRC Platforms, you’ve come to the right place. We’ve compiled a list of the top options on the market, so you can find the perfect one for your needs.
Here are our top picks for GRC Platforms
1. AuditBoard
AuditBoard’s platform is designed to help organizations manage risk more effectively. The platform includes a unified data core that centralizes information on risks, controls, policies, and more.
Additionally, the platform features powerful capabilities such as collaboration, automation, business intelligence, and integration.
These features provide a foundation for AuditBoard’s applications, which include RiskOversight, CrossComply, SOXHUB, OpsAudit, ESG, and TPRM.
2. LogicGate Risk Cloud
Risk Cloud® is an innovative GRC platform that is designed to help risk professionals form, evolve and communicate a comprehensive risk strategy.
It features a suite of purpose-built applications which are easy to use and can quickly scale up with the changing needs of your business.
With its intuitive technology, Risk Cloud® helps you stay compliant with existing regulatory requirements while also allowing for flexibility in response to emerging trends.
The platform offers an array of features such as automated workflows, customizable dashboards, access control levels, integrated reporting tools, analytics capabilities, and more.
In short, Risk Cloud® provides everything necessary for effective governance and risk management in one convenient package.
3. ZenGRC
ZenGRC is a cloud-based Software as a Service (SaaS) offering that can help enhance your organization’s risk and compliance program.
It provides automated, streamlined audit cycles, complete with built-in risk management capabilities.
The platform also includes visibility and reporting dashboards to give you detailed insights into the performance of your program.
Additionally, ZenGRC offers integration options with popular third-party services such as ServiceNow, AWS, Qualys, Slack and JIRA – making it an ideal choice for businesses of all sizes from small to medium enterprises to larger enterprise organizations.
4. Ncontracts
Ncontracts is a revolutionary GRC platform that promises to revolutionize the way financial institutions manage their risk and compliance.
By providing an integrated suite of solutions, Ncontracts enables departments to collaborate more effectively and ensure that they are meeting all necessary regulatory requirements.
The full suite includes modules for enterprise risk management, vendor management, business continuity planning, compliance management, audit tracking & findings reporting, as well as cybersecurity monitoring & incident response.
Customers can select specific modules based on their individual needs or choose from one of the complete enterprise risk management packages offered by Ncontracts.
With this powerful platform in place organizations can avoid costly fines and penalties due to non-compliance while also improving communication across departments and increasing overall efficiency.
5. Hyperproof
Hyperproof is a security compliance management software company that helps compliance, risk, and security teams stay on top of all compliance work and continuously manage organizational risks.
We help compliance professionals effectively manage and automate their ever-growing compliance workloads, add new frameworks as their companies scale, and easily collaborate across teams.
Industry-leading companies like Motorola, Instacart, 3M, Outreach, Nutanix, and Fortinet trust Hyperproof to help them manage their security and compliance efforts.
6. Diligent HighBond
Diligent HighBond is a governance, risk, and compliance (GRC) platform that helps organizations strengthen their governance practices with powerful analytics, robotic process automation and unparalleled industry data.
Leaders are given access to insights from all areas of GRC – risk, compliance, audit and ESG – in one place. This provides boards and c-suite executives with the ability to make more informed decisions as it gives them a comprehensive overview of their organization.
In addition to this holistic view of the company’s operations, Diligent HighBond also offers secure collaboration tools for board members so they can collaborate efficiently on modernizing their corporate governance processes for better results.
7. Workiva
Workiva is a company that provides solutions for regulatory, financial, and ESG reporting.
Their platform is designed to simplify complex reporting and disclosure processes by connecting data and teams, and ensuring consistency.
You can learn more about Workiva on their website, and follow them on social media for updates.
8. Onspring
Onspring is an award-winning GRC platform that provides intuitive business automation, real-time reporting, and flexible no-code cloud-based software.
It’s designed to help businesses improve their governance, risk, compliance, audit and vendor processes so they can better align with enterprise goals.
Onspring helps people do their best work by providing technology that simplifies management systems.
Their customizable solutions make daily work life easier, smarter, and more efficient by removing manual tasks and providing process transparency through simplified workflows.
By leveraging the power of Onspring’s platform in GRC applications businesses are able to increase efficiency while reducing costs associated with manual processes.
9. Apptega
Apptega is a great GRC platform for those who are tired of spreadsheets and overly complex IT GRC systems.
It provides an all-in-one solution to simplify cybersecurity and compliance management, featuring multi-tenant assessments, risk/vendor risk mgmt., audit mgmt., reporting, and integrations.
Apptega supports 25+ frameworks including SOC 2, NIST, and ISO standards to ensure that your organization’s security needs are met in full compliance with industry regulations.
With Apptega’s intuitive user interface, you can quickly set up the system without spending too much time on complicated configurations or training staff members – making it the perfect choice for businesses looking to streamline their security processes.
10. Strike Graph
Strike Graph is a compliance SaaS solution that makes it easier to get security certifications like SOC 2, HIPAA, and ISO 27001.
These certifications can improve revenue for B2B companies. Our platform helps companies rapidly deploy a risk-driven Security & Compliance program.
Strike Graph automatically collects evidence for auditor review via API-driven integration to common business systems & infrastructure.
This helps companies pass Audits faster, create Trust, and close enterprise deals more quickly and cheaply than before.
11. Camms.Risk
Camms.Risk is a powerful and versatile software solution designed to make risk management easier than ever, offering rapid time to value and an all-encompassing GRC approach.
Our customers, who include top organizations such as Menzies LLP, RAF, Shell, and Johnson Matthey trust us to help them stay ahead of the curve and achieve their desired results.
With Camms.Risk you can redefine your approach to opportunity and risk mgmt., so you can make sure that your organization is well prepared for any potential risks or opportunities that may arise in the future.
12. StandardFusion
StandardFusion is a cloud-based GRC platform designed to be easy to use for information security teams of any size organization.
It offers an intuitive user interface with drag-and-drop capabilities, making it simple and fast to get up and running quickly.
The platform provides features such as automated workflow processes, risk management tools, customizable dashboards, audit tracking systems, advanced reporting capabilities, access control mechanisms, and more.
Furthermore, StandardFusion also has powerful integrations with other popular IT applications that help further streamline the security process.
Finally, StandardFusion is backed by top-ranked customer service which ensures users are always supported in their efforts to maintain secure environments for their business operations.