Best Governance, Risk & Compliance Software

Governance, risk & compliance (GRC) software helps businesses monitor performance and relationships to minimize financial, legal, and all other liabilities. GRC features may organize and evaluate risk information, track companywide incidents, and provide various other tools for measuring risk factors and modifying operations as necessary to comply with certain policies. These products may integrate with general performance management software to show how compliance impacts the overall operation. They may also integrate with corporate performance management and other accounting tools for when incidents and risk training requires company financials. Operations teams within an organization utilize GRC software to maintain the integrity of their company and avoid scenarios such as lawsuits, investigations, and injuries. Each of the three GRC components and tasks—governance, risk, and compliance—impact the same aspects of an organization and reveal valuable information to the other two. Vendors typically package GRC products as a whole to deliver these collective benefits to the user.

To qualify for inclusion in the Governance, Risk & Compliance category, a product must:

  • Catalogue and assess business-specific risks
  • Provide administrators with tools to communicate risks to employees and ensure operations comply with company, industry, and federal policies
  • Help users structure audit and risk mitigation projects

Governance, Risk & Compliance Software Grid® Overview

The best Governance, Risk & Compliance Software products are determined by customer satisfaction (based on user reviews) and market presence (based on products’ scale, focus, and influence) and placed into four categories on the Grid®:
  • Products in the Leader quadrant are rated highly by G2 Crowd users and have substantial Market Presence scores. Leaders include: Druva inSync and PowerDMS
  • High Performers are highly rated by their users, but have not yet achieved the Market Presence of the Leaders. High Performers include: Convercent, SafetySync, LogicGate, cammsrisk, and CIMCON Software
  • Contenders have significant Market Presence and resources, but have received below average user Satisfaction ratings or have not yet received a sufficient number of reviews to validate the solution. Contenders include: SAP GRC and Thomson Reuters
  • Niche solutions do not have the Market Presence of the Leaders. They may have been rated positively on customer Satisfaction, but have not yet received enough reviews to validate them. Niche products include: Resolver, Encompass, and Disclosure Management
G2 Crowd Grid® for Governance, Risk & Compliance
Leaders
High Performers
Contenders
Niche
Resolver
Sap grc
Thomson reuters
1460489623
Convercent
Safetysync
Druva insync
Disclosure management
Logicgate
Powerdms
Cammsrisk
Cimcon software
Market Presence
Satisfaction
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