GRC Platforms

Last update: December 27, 2024

Governance, risk management and compliance (GRC) platforms provide HR, analytics and logistics departments with the tools they need to stay on top of an organization's risks, including operational risks, strategic risks, compliance risks, financial risks, employee safety risks and more. +Show More

Governance, risk management and compliance (GRC) platforms provide HR, analytics and logistics departments with the tools they need to stay on top of an organization's risks, including operational risks, strategic risks, compliance risks, financial risks, employee safety risks and more.

If you’d like to learn about the ecosystem consisting of GRC Platforms and others, feel free to check AIMultiple Governance, Risk & Compliance.
How relevant, verifiable metrics drive AIMultiple’s rankings

AIMultiple uses relevant & verifiable metrics to evaluate vendors.

Metrics are selected based on typical enterprise procurement processes ensuring that market leaders, fast-growing challengers, feature-complete solutions and cost-effective solutions are ranked highly so they can be shortlisted.
Data regarding these metrics are collected from public sources as outlined in the “What are AIMultiple’s data sources?” section of this page.


There are 2 ways in which vendor metrics are processed to help prioritization:
1- Vendors are grouped within 4 metrics (customer satisfaction, market presence, growth and features) according to their performance in that metric.
2- Vendors that perform high in these metrics are ranked higher in the list.


The data used in each vendor’s ranking can be accessed by expanding the vendor’s row in the below list.
This page includes links to AIMultiple’s sponsors. Sponsored links are included in “Visit Website” buttons and ranked at the top of the list when results are sorted by “Sponsored”. Sponsors have no say over the ranking which is based on market data. Organic ranking can be seen by sorting by “AIMultiple” or other sorting approaches. For more on how AIMultiple works, please see the ethical standards that we follow and how we fund our research.

Products Position Customer satisfaction
AuditBoard logo

AuditBoard

Leader
Satisfactory
AuditBoard’s modern connected risk platform is designed to elevate your teams, engage the front lines of your business, and help you leverage risk as a strategic driver. At the heart of our connected risk architecture is a unified data core that centralizes your organization's risks, controls, policies, frameworks, issues, and more. The core is surrounded by a set of powerful platform capabilities, including collaboration, automation, a robust workflow engine, business intelligence, and a highly extensible integration layer. Together, AuditBoard’s unified core and purposefully designed platform capabilities set a strong, dynamic foundation for our award-winning applications — RiskOversight, CrossComply, SOXHUB, OpsAudit, ESG, and TPRM.
Basis for Evaluation

We made these evaluations based on the following parameters;

Customer satisfaction
Average rating
4.62 / 5 based on ~600 reviews
Market presence
Number of case studies
40-50 case studies
Company's number of employees
400-1k employees
Company's social media followers
40k-50k followers
Total funding
$10-50m
# of funding rounds
3
Latest funding date
August 15, 2018
Last funding amount
$10-50m
Company
Type of company
private
Founding year
2014
SEON - Fraud Prevention logo

SEON - Fraud Prevention

Leader
Satisfactory
Uncover fraud patterns and discover revenue opportunities. SEON gives you insights into every interaction, transaction, and opportunity. Combining open data from digital and social media, phone, email, IP, and device lookups in real-time. Machine learning adapts to how different businesses evaluate risk. Get accuracy, visibility, and control over how AI decisions are made.
Basis for Evaluation

We made these evaluations based on the following parameters;

Customer satisfaction
Average rating
4.60 / 5 based on ~300 reviews
Market presence
Company's number of employees
300-400 employees
Company's social media followers
30k-40k followers
Total funding
$100-250m
# of funding rounds
6
Latest funding date
April 19, 2022
Last funding amount
$50-100m
Company
Type of company
private
Founding year
2017
ETQ Reliance logo

ETQ Reliance

Leader
Satisfactory
ETQ, part of Hexagon, is the leading provider of quality, EHS and compliance management software, trusted by the world’s strongest brands. More than 600 customers globally, spanning industries such as pharmaceuticals, electronics, heavy industry, food and beverage, and medical devices, benefit from ETQ to secure positive brand reputations, enable higher levels of customer loyalty and enhance profitability. ETQ Reliance offers built-in best practices and powerful flexibility to drive business excellence through quality. Only ETQ lets customers configure industry-proven quality processes to their unique needs and business vision. ETQ was founded in 1992 and has main offices located in the U.S. and Europe. To learn more about ETQ and its various product offerings, visit www.etq.com. ETQ customers have long relied on Reliance’s comprehensive, cross-industry portfolio of QMS applications to advance their quality programs and meet critical business goals. With Reliance NXG, customers can now accelerate their quality journey into the resilient and adaptable world of cloud-native quality and safety management, advanced analytics, controlled ubiquitous access and enterprise digital transformation. Reliance NXG allows customers to effectively future-proof their quality management systems and provide a powerful catalyst to digital transformation in their organizations. The company has developed this release in a way that allows customers to easily upgrade, preserving their existing investments in quality workflows and configurations by building on the strengths of the current code base. The technological foundation of Reliance NXG is based on four value pillars: usability, flexibility, visibility and scalability, enabled by advanced cloud-native technologies and a transformational vision. • Usability: The solution’s new search capability enables users to quickly find anything within the system, with enhanced navigation to streamline the user experience from any device. • Flexibility: New integration features, built upon a multi-tenant architecture, allow customers to break down the barriers that limit collaboration and keep up with changes in their business. • Visibility: Digital transformation efforts will drive QMS solutions deeper into an organization’s enterprise technology stack. Powered by Insights analytics, workflows can be configured to automatically classify events, improving the speed and accuracy of decisions. Users are provided not just with better information, but also guidance that can be used to streamline investigations and root cause analyses. • Scalability: The cloud-native QMS enables enterprise-wide quality processes, providing support for any number of users, any volume of data and any configuration with a high availability architecture with no single point of failure. Customers in regulated markets can leverage ETQ’s expedited validation and risk-based verification to reduce testing effort required. ETQ’s Reliance QMS provides customers with a suite of fundamental administration capabilities and a set of core applications that optimize quality management programs. • Document Control • Change Management • Audit Management • Corrective Action (CAPA) • Insights Advanced Analytics • Training Management • Suppliers, Materials and Chemicals
Basis for Evaluation

We made these evaluations based on the following parameters;

Customer satisfaction
Average rating
4.40 / 5 based on ~500 reviews
Market presence
Number of case studies
30-40 case studies
Company's number of employees
300-400 employees
Company's social media followers
30k-40k followers
# of funding rounds
1
Latest funding date
August 18, 2017
Company
Type of company
private
Founding year
1992
LogicGate logo

LogicGate

Leader
Satisfactory
Risk Cloud® is a no-code governance, risk, and compliance (GRC) platform that scales and adapts to your changing business needs and regulatory requirements. It combines a suite of purpose-built Applications with intuitive technology that allows risk professionals to form, evolve, and communicate a market-leading risk strategy.
Basis for Evaluation

We made these evaluations based on the following parameters;

Customer satisfaction
Average rating
4.65 / 5 based on ~200 reviews
Market presence
Number of case studies
5-10 case studies
Company's number of employees
200-300 employees
Company's social media followers
20k-30k followers
Total funding
$100-250m
# of funding rounds
8
Latest funding date
July 28, 2021
Last funding amount
$100-250m
Company
Type of company
private
Founding year
2015
iGrafx logo

iGrafx

Leader
Satisfactory
iGrafx BPM—Business Process Management and Analysis solutions assist businesses in achieving continuous process improvement
Basis for Evaluation

We made these evaluations based on the following parameters;

Customer satisfaction
Average rating
4.65 / 5 based on ~100 reviews
Market presence
Number of case studies
30-40 case studies
Company's number of employees
100-200 employees
Company's social media followers
5k-10k followers
# of funding rounds
1
Latest funding date
June 1, 2021
Company
Type of company
private
Founding year
1991
Diligent Board Management Software logo

Diligent Board Management Software

Challenger
Satisfactory
As the cornerstone of Diligent’s Governance Cloud ecosystem, Diligent Boards moves all of the agendas, documents, annotations and discussions into one intuitive, secure portal. The platform goes beyond digital board books to manage the full scope of a boards moving parts – committees, governance resources, voting, reporting and more. Diligent’s solutions are used by 700,000+ directors and senior executives at 19,000+ companies across all seven continents. Diligent Boards is backed by an industry-leading security team and 24/7/365 award-winning white glove support that users have trusted for almost 20 years.
Basis for Evaluation

We made these evaluations based on the following parameters;

Customer satisfaction
Average rating
4.50 / 5 based on ~200 reviews
Market presence
Number of case studies
50-100 case studies
Company's number of employees
400-1k employees
Company's social media followers
400-1k followers
Netwrix Auditor logo

Netwrix Auditor

Challenger
Satisfactory
Netwrix Auditor is a visibility platform for user behavior analysis and risk mitigation that enables control over changes, configurations and access in hybrid IT environments to protect data regardless of its location. The platform provides security intelligence to identify security holes, detect anomalies in user behavior and investigate threat patterns in time to prevent real damage. Netwrix Auditor includes applications for Active Directory, Azure AD, Exchange, Office 365, Windows file servers, EMC storage devices, NetApp filer appliances, SharePoint, Oracle Database, SQL Server, VMware, Windows Server and network devices. Empowered with a RESTful API and user activity video recording, the platform delivers visibility and control across all of your on-premises and cloud-based IT systems in a unified way.
Basis for Evaluation

We made these evaluations based on the following parameters;

Customer satisfaction
Average rating
4.45 / 5 based on ~200 reviews
Market presence
Number of case studies
100-200 case studies
Company's number of employees
400-1k employees
Company's social media followers
50k-100k followers
# of funding rounds
2
Latest funding date
May 9, 2023
Company
Type of company
private
Founding year
2006
Onspring logo

Onspring

Challenger
Satisfactory
Onspring is a no-code platform for process automation, workflow, collaboration and reporting.
Basis for Evaluation

We made these evaluations based on the following parameters;

Customer satisfaction
Average rating
4.62 / 5 based on ~100 reviews
Market presence
Number of case studies
5-10 case studies
Company's number of employees
100-200 employees
Company's social media followers
3k-4k followers
# of funding rounds
1
Latest funding date
May 9, 2023
Company
Type of company
private
Founding year
2010
Fastpath Assure logo

Fastpath Assure

Challenger
Satisfactory
Fastpath is a cloud-based access orchestration platform. It allows organizations to manage and automate the processes around access governance and security, quickly and efficiently. Customizable, quick to implement and deploy means you get value right away. And it works with all major enterprise software in multi-site, multi-application environments. Fastpath helps to identify, quantify and manage data access risk, so you can be confident that the right people are accessing the right information for the right reasons. Make informed strategic business decisions confidently, knowing your organization is secure and compliant. Unrivalled Integrations Fastpath integrates out-of-the-box, working across multi-application environments and custom-made software to deliver insight into your security risks. Rapid Time to Value We’re easy to implement and quick to deploy, and with no expensive customization required, you can immediately reap ROI. Frictionless Automation Effortlessly automate processes like onboarding, testing and proving controls to continuously identify, quantify, and eliminate risk. Improved Efficiency Ease of use and out-of-the-box content allow security teams to get up to speed fast, focus on what matters, and save valuable time.
Basis for Evaluation

We made these evaluations based on the following parameters;

Customer satisfaction
Average rating
4.70 / 5 based on ~90 reviews
Market presence
Number of case studies
10-20 case studies
Company's number of employees
40-50 employees
Company's social media followers
4k-5k followers
# of funding rounds
1
Latest funding date
September 10, 2020
Company
Type of company
private
Founding year
2004
Donesafe logo

Donesafe

Challenger
Satisfactory
HSI Donesafe is the #1 all-in-one EHSQ platform that connects your management system from workers in the field to the executive team in the boardroom. Donesafe makes it fast and easy to access, enter and report EHSQ data in real-time. Donesafe is a modern & fresh platform with end-to-end functionality. It works online with any device, including offline with native iOS and Android apps. Use our out-of-the-box templates or configure to align with your specific requirements. Imagine you could harness the power of a truly universal platform that provides unparalleled 360 degree visibility of your EHSQ program end-to-end: Risk - documented, cataloged, scored based on severity, and prioritized to keep you focussed on what’s critical Compliance - meet any regulatory requirements organization-wide (including Health & Safety, Quality, Environmental and Training), with audit-ready trails Control - no-code architecture for everyday-user configurability, customisable dashboards by role, and intelligent workflow automation to keep activity on-track Security - unsurpassed modularity with over 50 modules to choose from - deploy only what you need, safe in the knowledge you cannot outgrow the HSI Donesafe platform Insight - connected data-sets that illuminate key operational dependencies and relationships, reveal trends and opportunities, and enable informed decision-making HSI Donesafe is the single source of truth that satisfies infinite EHSQ use-cases across every imaginable industry, all while driving record levels of engagement rates.
Basis for Evaluation

We made these evaluations based on the following parameters;

Customer satisfaction
Average rating
4.52 / 5 based on ~100 reviews
Market presence
Number of case studies
10-20 case studies
Company's number of employees
50-100 employees
Company's social media followers
4k-5k followers

“-”: AIMultiple team has not yet verified that vendor provides the specified feature. AIMultiple team focuses on feature verification for top 10 vendors.


Sources

AIMultiple uses these data sources for ranking solutions and awarding badges in GRC platforms:


142 vendor web domains
276 case studies
99 funding announcements
324 social media profiles
326 profiles on review platforms
148 search engine queries

GRC Leaders

According to the weighted combination of 4 metrics

AuditBoard logo
ETQ Reliance logo
SEON - Fraud Prevention logo
LogicGate logo
Netwrix Auditor logo

What are GRC
customer satisfaction leaders?

Taking into account the latest metrics outlined below, these are the current GRC customer satisfaction leaders:

AuditBoard logo
ETQ Reliance logo
SEON - Fraud Prevention logo
LogicGate logo
Netwrix Auditor logo

Which GRC solution provides the most customer satisfaction?

AIMultiple uses product and service reviews from multiple review platforms in determining customer satisfaction.

While deciding a product's level of customer satisfaction, AIMultiple takes into account its number of reviews, how reviewers rate it and the recency of reviews.

  • Number of reviews is important because it is easier to get a small number of high ratings than a high number of them.
  • Recency is important as products are always evolving.
  • Reviews older than 5 years are not taken into consideration
  • older than 12 months have reduced impact in average ratings in line with their date of publishing.

What are GRC
market leaders?

Taking into account the latest metrics outlined below, these are the current GRC market leaders:

AuditBoard logo
ETQ Reliance logo
SEON - Fraud Prevention logo
LogicGate logo
Netwrix Auditor logo

Which GRC products published the most case studies?

We analyzed 276 GRC case studies and found that these products are the top contributors:

  • Netwrix Auditor
  • Diligent Board Management Software
  • Sovos Intelligent Compliance Cloud

Which one has collected the most reviews?

AIMultiple uses multiple datapoints in identifying market leaders:

  • Product line revenue (when available)
  • Number of reviews
  • Number of case studies
  • Number and experience of employees
  • Social media presence and engagement
Out of these, number of reviews information is available for all products and is summarized in the graph:

AuditBoard
ETQ Reliance
SEON - Fraud Prevention
LogicGate
Netwrix Auditor

What are the most mature GRC platforms?

Which one has the most employees?

IBM logo
DataScience logo
SAP logo
LT Court Tech logo
SalesWon logo

Which GRC companies have the most employees?

80 employees work for a typical company in this solution category which is 57 more than the number of employees for a typical company in the average solution category.

In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 117 companies with >10 employees are offering grc platforms. Top 3 products are developed by companies with a total of 600k employees. The largest company in this domain is IBM with more than 300,000 employees. IBM provides the GRC solution: IBM Watson Compare & Comply

IBM
DataScience
SAP
LT Court Tech
SalesWon

Insights

What are the most common words describing GRC platforms?

This data is collected from customer reviews for all GRC companies. The most positive word describing GRC platforms is “Easy to use” that is used in 9% of the reviews. The most negative one is “Difficult” with which is used in 3% of all the GRC reviews.

What is the average customer size?

According to customer reviews, most common company size for GRC customers is 1,001+ employees. Customers with 1,001+ employees make up 43% of GRC customers. For an average Governance, Risk & Compliance solution, customers with 1,001+ employees make up 29% of total customers.

Customer Evaluation

These scores are the average scores collected from customer reviews for all GRC platforms. GRC Platforms are most positively evaluated in terms of "Customer Service" but falls behind in "Ease of Use".

Overall
Customer Service
Ease of Use
Likelihood to Recommend
Value For Money

What are the benefits of GRC?

The most commonly cited benefits of GRC are:

  • Improved compliance
  • Time saving
  • Increased security
  • Cost saving
  • 24/7 availability

Discover all GRC benefits

Where are GRC vendors' HQs located?

What is the level of interest in GRC platforms?

This category was searched on average for 12 times per month on search engines in 2024. This number has decreased to 0 in 2025. If we compare with other governance, risk & compliance solutions, a typical solution was searched 759 times in 2024 and this decreased to 0 in 2025.