Galvanize HighBond vs OneTrust GRC comparison

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Executive Summary

We performed a comparison between Galvanize HighBond and OneTrust GRC based on real PeerSpot user reviews.

Find out what your peers are saying about RSA, BitSight, AuditBoard and others in IT Vendor Risk Management.
To learn more, read our detailed IT Vendor Risk Management Report (Updated: March 2024).
765,234 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The most valuable feature is automation."

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"As a solution for IT risks, it is a very good product.""One of the valuable features of this solution is it has the ability to review fourth and fifth parties to the nth degree.""Vendors can be assessed and rated out of the tool, and assessments can be scheduled for updates at certain intervals.""OneTrust GRC is stable.""It does help in the automation of our privacy impact assessments.""The product helps us streamline audit and incident management processes."

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Cons
"The cost of the solution is expensive and needs improvement."

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"OneTrust GRC's workflows aren't automated and need to be manually driven.""There are limitations to customized workflow automation, and they need to increase both the available automation and the customized workflow.""The product is not that easy to set up.""They could improve by offering free help. A solution, a lot of times, is not just the use of the solution. For example, it is the overall engagement, how well do they support the system, what is their SLA, and how long their response time is to an issue. It would be beneficial if they had some type of professional services where they offer the first five hours of professional services a year for free. That would be a substantial benefit rather than having to buy professional services or professional services packages.""I haven't seen any return on investment using the solution. If I had the opportunity, I would use a different solution.""The Vendor Risk dashboard is quite basic today and not interactive, but improvements are in coming the next releases."

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Pricing and Cost Advice
  • "I give the cost of the solution a six out of ten."
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  • "I found the pricing and setup cost very reasonable."
  • "OneTrust GRC's licensing costs about $15,000 per module."
  • "On a scale from one to ten, where one is cheap, and ten is too expensive, I rate the solution a seven since it falls under the pricey side."
  • "The solution is expensive."
  • More OneTrust GRC Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The most valuable feature is automation.
    Top Answer:Regarding pricing, we are located in Africa where economic instability prevails and our currency continues to lose value due to inflation. The cost of the solution is high. I give the cost of the… more »
    Top Answer:The report model was our main concern. I believe currently the solution uses a third party for the reporting. As part of a consulting firm, one of the challenges we face is the difficulty in producing… more »
    Top Answer:The product helps us streamline audit and incident management processes.
    Top Answer:The product is not that easy to set up. It is also not easy to get used to the naming convention. It requires in-depth training.
    Ranking
    12th
    Views
    223
    Comparisons
    136
    Reviews
    1
    Average Words per Review
    489
    Rating
    7.0
    Views
    2,756
    Comparisons
    1,372
    Reviews
    4
    Average Words per Review
    383
    Rating
    6.5
    Comparisons
    Also Known As
    Rsam GRC, HighBond, HighBond by Galvanize
    OneTrust Vendor Risk Management
    Learn More
    Overview
    Your GRC program is unique to your organization - and Rsam thinks it should stay that way. We give you control over what modules you want to implement and in what order. Deploy an out-of-the-box, turnkey baseline configuration that addresses your most urgent use case within 30 days and iterate from there. With Rsam, you can also easily customize the baseline configuration to meet your own unique needs. Iterate each step of the way until you reach 100% of your requirements. This keeps your implementation manageable and moving forward.

    OneTrust is the largest and most widely used technology platform to operationalize privacy, security and third-party risk management. More than 2,500 customers, both big and small and across 100 countries, use OneTrust to demonstrate compliance with privacy regulations including the GDPR, California Consumer Privacy Act, Brazil LGPD, and hundreds of the world's privacy laws.

    OneTrust's size and scale allows it to offer the easiest-to-use and most affordable solution for implementing use cases including: Privacy Maturity Benchmarking, Data Protection by Design and Default (PbD), Data Protection Impact Assessments (PIA/DPIA), Third-Party Vendor Risk Management, Incident and Breach Response, Data Mapping (Records of Processing), Customer Preference Management, Consent Management, Website Scanning & Cookie Compliance, Mobile App Scanning, Data Subject/Consumer Rights Management and Policy & Notice Management.

    The platform's intelligence comes from DataGuidance by OneTrust, an in-depth and up-to-date source of privacy and security regulatory summaries, guidance, templates, case law, and analysis. The database is updated daily by over 20 in-house privacy researchers, along with a network of 500 lawyers across over 300 jurisdictions.

    OneTrust's 700 employees are located across co-headquarters in Atlanta and in London with additional locations in Bangalore, Melbourne, San Francisco, New York, Munich and Hong Kong. To learn more, visit OneTrust.com.

    Sample Customers
    CNA Insurance
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    Top Industries
    VISITORS READING REVIEWS
    Educational Organization42%
    Government8%
    Financial Services Firm8%
    Computer Software Company5%
    VISITORS READING REVIEWS
    Financial Services Firm15%
    Computer Software Company11%
    Government6%
    Healthcare Company6%
    Company Size
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise48%
    Large Enterprise42%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise14%
    Large Enterprise66%
    Buyer's Guide
    IT Vendor Risk Management
    March 2024
    Find out what your peers are saying about RSA, BitSight, AuditBoard and others in IT Vendor Risk Management. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    Galvanize HighBond is ranked 12th in IT Vendor Risk Management with 3 reviews while OneTrust GRC is ranked 4th in IT Vendor Risk Management with 6 reviews. Galvanize HighBond is rated 8.6, while OneTrust GRC is rated 7.6. The top reviewer of Galvanize HighBond writes "Good automation and analytics, but is costly". On the other hand, the top reviewer of OneTrust GRC writes "Costly solution that may not guarantee ROI, but remains effective in IT risk management ". Galvanize HighBond is most compared with ACL Analytics, RSA Archer and Workiva Wdesk, whereas OneTrust GRC is most compared with RSA Archer, ProcessUnity, AuditBoard, Workiva Wdesk and LogicGate.

    See our list of best IT Vendor Risk Management vendors and best GRC vendors.

    We monitor all IT Vendor Risk Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.