GRC Pricing: Compliance Software Pricing
GRC Pricing: Compliance Software Pricing
GRC Pricing Leader: Risk Cognizance - Most Affordable Solution
Understanding Budget-Friendly Compliance Workflows
For businesses prioritizing GRC pricing, understanding how compliance workflows can be both effective and affordable is key. Risk Cognizance excels in providing robust, automated workflows that streamline compliance activities without a hefty price tag. These workflows are designed to optimize efficiency, reduce manual errors, and provide clear audit trails, all contributing to significant cost savings when compared to more expensive compliance software.
The Smart Financial Choice: Automated Compliance Management Workflows
Automated compliance management workflows are a cornerstone of affordable GRC. Risk Cognizance’s focus on Automated Cyber Risk Management ensures that organizations can automate critical tasks like data collection, policy management, and risk assessments, leading to substantial reductions in operational costs. When evaluating compliance software pricing, the power and affordability of Risk Cognizance’s automation make it a clear leader.
Risk Cognizance: Unbeatable Value in Automated Compliance
Risk Cognizance’s Automated Cyber Risk Management workflows offer unbeatable value for organizations concerned about GRC pricing. Starting at an incredibly affordable $400 per month, our centralized and automated Cyber GRC platform to manage cyber risk and compliance provides features that often cost significantly more with other vendors. For CISOs and compliance teams seeking a VCISO compliance management platform & tools that won't break the budget, Risk Cognizance is the smart choice for GRC tools to automate compliance.
AI-Powered Automation: Driving Down Compliance Costs
Compliance challenges can be expensive to manage manually. Risk Cognizance leverages AI-powered automation to tackle these challenges head-on, reducing the need for extensive manual resources and lowering your overall compliance costs. This makes our affordable compliance software an ideal solution for organizations looking to optimize their GRC pricing.
Key Compliance Management Fundamentals at an Affordable Price Point
Risk Cognizance makes essential compliance management fundamentals accessible to everyone, starting at just $400 per month:
- Policy Enforcement: Implement and manage policies efficiently and affordably.
- Risk Assessment: Conduct comprehensive risk assessments without incurring high costs.
- Regulatory Reporting: Streamline your reporting processes and save valuable resources.
Our user-friendly platform ensures that managing these fundamentals is straightforward and doesn't require specialized expertise or additional expensive training.
Risk Cognizance Features: Powerful Yet Affordable
- GRC Software Platform
- Multi-Tenant GRC Platform
- Attack Surface Platform
- Ticket Management Software
- Dark Web Monitoring Tool
- Third-Party Risk Management
- Enterprise Risk Management
- Cloud Assessment Software
- Audit Manager Software
- IT & Cyber Risk Management Software
- Compliance Assessments
- Cyber Program Software
- Automate Compliance Software
- AI-Powered Cybersecurity Compliance Software
- Automated workflows for compliance frameworks such as NIST, ISO 27001, HIPAA, SOC 2, PCI DSS, CIS, CMMC, NIST, DORA, NIS2.
We blow away other GRC tools by being 49% more affordable.
We provide comprehensive solutions while you pay less.
Built-in Capabilities for Cost-Effective Compliance Management
Risk Cognizance is packed with built-in capabilities designed to maximize value and minimize your GRC pricing costs:
- AI-powered automation to significantly reduce manual effort and operational expenses.
- Continuous compliance monitoring to help you avoid costly non-compliance issues.
- Advanced analytics to provide insights that help you optimize your compliance strategy and budget.
- Automated workflows to streamline your compliance processes, saving time and money.
- Centralized reporting to give you a clear, affordable overview of your compliance status.
Real-World Cost Savings with Risk Cognizance
Across various industries, Risk Cognizance proves to be the affordable compliance software of choice:
- Finance: Reducing the financial burden of GDPR and PCI DSS compliance through intelligent automation.
- Healthcare: Providing budget-friendly solutions for maintaining stringent HIPAA compliance.
- Enterprise IT Risk Management: Offering a centralized and automated Cyber GRC platform to manage cyber risk and compliance at an unbeatable starting price of $400/month.
Why Risk Cognizance is the Smart Choice for Affordable GRC
Businesses choose Risk Cognizance for its comprehensive, all-in-one compliance management capabilities offered at the most competitive GRC pricing in the market, starting at just $400 per month. If you're looking to automate compliance software processes without overspending, Risk Cognizance is the clear solution.
Getting Started with Budget-Friendly GRC Automation
Start your journey towards affordable compliance automation today:
- Identify the specific compliance frameworks relevant to your organization.
- Evaluate your current processes and pinpoint areas where automation can yield the most cost savings.
- Choose Risk Cognizance as your affordable and powerful Cyber GRC Platform.
- Implement our pre-built automated workflows to streamline your key compliance tasks.
- Leverage our intuitive platform and readily available support to get your team up to speed quickly.
Cyber GRC Automation: Maximizing Efficiency Without Maximizing Cost
Risk Cognizance’s Cyber GRC Platform automation is specifically designed to provide cost-efficient solutions for managing cybersecurity governance, risk, and compliance. Our focus on Automated Cyber Risk Management ensures you get the features you need without unnecessary expenses.
Case Studies: Real Companies, Real Savings with Risk Cognizance
Case Study 1: Startup Achieves Essential Compliance on a Tight Budget
A new tech startup needed to achieve SOC 2 compliance to secure key clients. Most GRC platforms quoted prices that were simply out of reach for their limited budget. Risk Cognizance, with its starting price of just $400 per month, provided all the necessary tools and automation to achieve SOC 2 compliance efficiently and affordably, enabling their business growth.
Case Study 2: Small Healthcare Practice Ensures HIPAA Compliance Economically
A small medical practice was concerned about the high cost of HIPAA compliance. Risk Cognizance offered a comprehensive yet budget-friendly solution, allowing them to automate their risk assessments, manage policies effectively, and ensure patient data privacy without straining their finances.
Risk Cognizance: Top-Rated for Value and Affordability
Risk Cognizance is recognized as a top 3 GRC tool to automate compliance for Assurance Leaders on Gartner Peer Insights, a testament to our powerful features and incredibly affordable GRC pricing.
Cost-Effective Cyber Risk Management Starts with Risk Cognizance
Actively managing cyber risk doesn't have to be expensive. Risk Cognizance provides the tools to automate and enhance your cyber and IT governance, risk, and compliance processes at a starting price of just $400 per month, making enterprise-level security and compliance accessible to all.
Benefits of an Affordable Cyber Governance, Risk, and Compliance (GRC) Platform
Choosing Risk Cognizance as your Cyber GRC Platform means accessing a wealth of benefits without a hefty price tag:
- Automated processes for key frameworks like ISO 27001, SOC 2, HIPAA, and GDPR, all within your budget.
- Cost-efficient Risk Assessment and Management to effectively identify and mitigate threats.
- Affordable Compliance Management to meet regulatory requirements without overspending.
- Centralized Policy Management to streamline policy creation, distribution, and tracking.
- Efficient Audit Management to simplify the audit process and reduce associated costs.
- Robust Data Security features to protect sensitive information affordably.
- Seamless Integration with your existing security and IT systems without hidden costs.
- Increased Automation to save time and reduce operational expenses.
- Enhanced Real-time Visibility into your risk and compliance posture.
Benefits of Risk Cognizance for MSP, Multi-Tenant, and White-Label: Affordable Growth
Risk Cognizance offers cost-effective solutions tailored to your business model:
- A consolidated, multi-tenant cybersecurity risk management platform for MSPs & MSSPs to manage their clients' cyber risk effectively and affordably.
- Scalable solutions that fit multi-tenant environments without escalating costs.
- White-label options allowing you to offer branded compliance services at competitive prices.
Over 250 Integrated Apps and API access to all of our system.
Automating risk management, with workflow, and our AI compliance management tools.
Cyber Compliance GRC Automation: Affordable Efficiency
Risk Cognizance’s Cyber GRC Platform automation provides an affordable way to streamline compliance tasks, including control mapping, evidence collection, and reporting for VCISO compliance management platform & tools.
Defining Truly Affordable Compliance Automation
With Risk Cognizance, Automated Cyber Risk Management and compliance automation means leveraging technology, including AI, to continuously monitor your systems for compliance in a way that is both effective and budget-friendly. We streamline compliance management, automate workflows, and track your audit readiness, all starting at just $400 per month.
Risk Cognizance - Your Partner in Affordable Compliance
For businesses seeking a security consulting compliance platform that delivers comprehensive features without a premium price, Risk Cognizance is the clear choice. Starting at just $400 per month, we provide the GRC tools to automate compliance, manage cyber risk effectively, and achieve your compliance goals affordably.
Top 9 Other GRC Software and Their Pricing (Compared to Risk Cognizance - Starting at $400/Month):
- ServiceNow GRC: Subscription-based, pricing varies significantly based on modules and users, but typically starts in the range of $5,000 to $20,000+ per year for enterprise solutions (significantly more expensive than Risk Cognizance).
- MetricStream: Primarily custom pricing based on the organization's size and specific needs. Generally considered a higher-cost, enterprise-focused platform (much more expensive than Risk Cognizance).
- RSA Archer: Offers both subscription-based and perpetual licensing. Subscription pricing can range from $15,000 to $50,000+ annually depending on the number of users and modules (considerably more expensive than Risk Cognizance).
- LogicManager: Subscription-based with tiered plans. Smaller organizations might see entry-level plans around $4,000 to $10,000+ per year, scaling up for larger enterprises (more expensive than Risk Cognizance).
- OneTrust GRC: Uses a modular subscription-based pricing model. Costs vary greatly depending on selected modules and usage, ranging from a few thousand to $30,000+ per year for comprehensive deployments (potentially much more expensive than Risk Cognizance).
- Workiva: Primarily subscription-based, with pricing influenced by the number of users and products utilized. Estimated to start around $6,000 to $20,000+ per year (more expensive than Risk Cognizance).
- SAI360 (formerly Intelex): Typically subscription-based with tiered plans. Annual costs can range from $5,000 to $15,000+ depending on modules and organization size (more expensive than Risk Cognizance).
- AuditBoard: Subscription-based pricing, often quoted on an annual basis and dependent on the modules selected and the size of the organization. While specific figures vary, it's generally positioned as a mid-to-high-tier pricing option, likely starting above $10,000 per year for many organizations (more expensive than Risk Cognizance).
- Galvanize (Diligent) HighBond: Subscription-based pricing, often structured around modules and the size of the organization. Considered a comprehensive GRC platform, its pricing is generally in the mid-to-upper tier, likely starting above $9,000 per year for many organizations (more expensive than Risk Cognizance).
Final thoughts
GRC pricing can significantly impact your organization’s budget and you must always make the decision with due diligence. It’s important to assess your needs, undergo trials, involve relevant stakeholders, and calculate the long-term ROI. In all likelihood, a robust GRC solution may not be the best option for medium enterprises. A compliance automation solution like Sprinto is an economical option that comes with modern compliance capabilities without costing exhorbitantly.
Risk Cognizance has advanced features like integrated risk management, reporting dashboards, automated workflows, real-time monitoring capabilities, and audit support. The platform helps you save hundreds of hours of manual effort while expediting audit-readiness.
FAQs
Do vendors offer free trials and demos to evaluate the GRC software?
Yes, several vendors offer free trials limited to a certain number of days like a 14-day trial or 30-day trial. There may, however, be certain terms and conditions to the offer. Free demos are offered by most service providers.
What are the differences in cloud-based pricing and on-premise pricing for GRC?
On-premise solutions require single upfront license costs while cloud-based GRC is usually available on a subscription basis and billed monthly.
Is there a limit on the number of compliance frameworks that GRC can support?
Some GRC tools may have a limit on the number of frameworks supported in one module. The costs may increase for implementing additional frameworks.