On-Premise GRC Tools

May 17, 2024

On-Prem & Cloud Based GRC Tools - based on market research..

RSA Archer

Overview: RSA Archer is a comprehensive GRC platform that provides a suite of tools to manage risks, compliance, and governance.

Key Features:

• Enterprise risk management

• Regulatory compliance management

• Incident management

• Audit management

Why It’s Recommended: RSA Archer is known for its robust functionality, scalability, and customisation capabilities, making it ideal for large organizations with complex GRC needs.


MetricStream

Overview: MetricStream offers an integrated platform for GRC that helps organisations manage risk, ensure compliance, and achieve governance objectives.

Key Features:

• Risk management

• Compliance management

• Audit management

• Policy and document management

Why It’s Recommended: MetricStream provides a comprehensive and flexible GRC solution that can be tailored to meet the specific needs of various industries, including financial services, healthcare, and manufacturing.


SAP GRC

Overview: SAP GRC is a powerful tool designed to help organizations manage governance, risk, and compliance efficiently within their SAP environment.

Key Features:

• Access control

• Risk management

• Process control

• Audit management

Why It’s Recommended: SAP GRC is particularly beneficial for organizations already using SAP’s ERP systems, as it offers seamless integration and extensive capabilities tailored for SAP environments.


Cloud-Based GRC Tools

LogicGate

Overview: LogicGate is a flexible, cloud-based GRC platform that provides tools for risk management, compliance, and audit processes.

Key Features:

• Customizable workflows

• Risk management

• Compliance management

• Incident management

Why It’s Recommended: LogicGate is known for its ease of use, scalability, and ability to customise workflows to meet the specific needs of an organisation, making it suitable for businesses of all sizes.


OneTrust

Overview: OneTrust offers a comprehensive cloud-based platform for GRC that focuses on privacy, security, and third-party risk management.

Key Features:

• Data privacy management

• Vendor risk management

• Incident management

• Compliance management

Why It’s Recommended: OneTrust is widely regarded for its strong focus on data privacy and third-party risk management, which is crucial for organizations operating in heavily regulated industries.


ServiceNow GRC

Overview: ServiceNow GRC provides a cloud-based solution that integrates with the broader ServiceNow platform, offering tools to manage risks, compliance, and governance.

Key Features:

• Risk management

• Compliance management

• Policy and compliance management

• Audit management

Why It’s Recommended: ServiceNow GRC is highly integrated with IT operations and service management, making it an excellent choice for organisations looking to unify GRC with their broader IT management efforts.


These tools are recommended based on their functionality, scalability, ease of integration, and the specific needs they address within GRC frameworks.