AdaptiveGRC

One of the best GRC software with very good price.

Kommentare: I can recommend AdaptiveGRC, especially for value for money.

Vorteile:

Adaptive GRC offers a great deal of flexibility in supporting GRC&AUDIT processes. The product is continuously developed and the customer receives new possibilities and functionalities. In addition, the price is very attractive in comparison to competitive products. The support team takes a flexible approach to the customer's needs.

Nachteile:

No automatic linkage to legal systems databases. Limited coverage of international standards in the basic version.

Comprehensive platform for managing risk and compliance

Kommentare: I used AdaptiveGRC Compliance and Risk Management modules for more than a year. Implementation went smooth, and the support team was always very helpful. I especially value the functionality AdaptiveGRC offers – all GRC processes can be managed in one tool, and there is a single database. The tool helped my organization lower operating costs and gain a better understanding of risks in the organization.

Vorteile:

I really like the risk profiling functionality, which allows you to identify audit and assessment priorities easily. I especially appreciate the fact that the risk profiles are presented in a nice visual dashboard. Furthermore, I also value the ability to analyze how risk correlates with compliance status. The risk matrix is also very helpful, and you can use filters to see exactly what you need.

Nachteile:

I didn’t experience any difficulties while using this tool. The functionality was adjusted to the company’s needs, so we had exactly what we needed and expected. Thus, it’s hard to name any cons.

AdaptiveGRC supports insurance companies in their risk and compliance management processes

Kommentare: I used AdaptiveGRC to 1. support insurance companies’ compliance management processes following a complex industry-specific regulation. 2. I also used AdaptiveGRC to support the process of managing and monitoring data processors as GDPR came into effect. I experienced a significant increase in efficiency in both cases.

Vorteile:

Comprehensive but modular in structure, allowing you to choose what you currently need. I used the module to support filling the SREP questionnaire which is a specific business challenge in the insurance sector. It addresses most, if not all, of my needs. What I really liked is the ability to compare forms from previous years, the ability to collaborate with my team to work on a single question, set multi-tier approvals and monitor progress in real-time.

Nachteile:

The only drawback I see is the fact that it takes more time initially to learn how to use the new tool compared to using spreadsheets. However, the time is gained later is incomparable.

Perfect program for compliance control

Vorteile:

It is amazing that thanks to AdaptiveGRC individual assessment management can be shortened from days to minutes. The tool can generate reports for different stakeholders containing only their desired assessment outcome data. I appreciate much the possibility of generating compliance specification lists for supplier contracts or internal departments.

Nachteile:

I have not experienced any drawbacks that C&F hasn't already addressed in some way.