MEGA HOPEX vs Workiva Wdesk comparison

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MEGA International Logo
629 views|322 comparisons
84% willing to recommend
Workiva Logo
1,333 views|829 comparisons
66% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between MEGA HOPEX and Workiva Wdesk based on real PeerSpot user reviews.

Find out in this report how the two GRC solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed MEGA HOPEX vs. Workiva Wdesk Report (Updated: March 2024).
769,334 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
"You do not need to be a professional of enterprise modeling to contribute to the enrichment and improvement of the enterprise repository.""Its availability is very good.""The most valuable feature is the completeness of HOPEX's meta-model. It's a strong meta-model that's rigid but comprehensive. It's a logical fit for our understanding of how we want things modeled in our database.""The support experience in Latin America is great.""HOPEX has a panel that offers various views. I think that is very good. MEGA has an app for integrating with a lot of apps. We help our clients integrate HOPEX with a different product like Apple Gateway, for example. I've been with the company for 15 years, and we connect with everything. Our clientele includes almost all of the banks in Mexico.""Every module sets up the same information in a unique repository.""An advantage is its accessibility.""What's most valuable in MEGA HOPEX is that it follows the reference model where each component is defined. I also like the diagram consistency in MEGA HOPEX."

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"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.""It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files.""The collaboration within the platform is valuable.""It makes the compliance process more efficient and more effective.""Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools.""Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."

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Cons
"The training materials and learning process need improvement.""I cannot recall coming across any missing features.""They do tend to push people to their professional services, instead of helping the customers with their problems. I understand this is their business. At the same time, however, they need to work on fact sheets or offer some program to help the customers who want to implement it themselves and to make it run properly in their environment.""Scalability can be a problem sometimes.""The initial setup is a little complex.""The initial setup can be quite complex at first.""The features are limited. I'm hoping in the future the solution will be bigger and include more items. Right now, overall, it needs more.""MEGA HOPEX's problem is that it is expensive, but it's a fantastic tool."

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"One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel.""With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together.""Regarding the solution, reporting has certain areas that can be considered for improvement.""The most critical issue is the need to shift between uppercase and lowercase.""At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities.""The speed must be improved."

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Pricing and Cost Advice
  • "If you want to use additional features, such as the Risk Management capability, then it is a little too expensive."
  • "It is very expensive."
  • "The price of the MEGA HOPEX license could improve, it is expensive. The license key for business process analysis and IT architecture is approximately €10,000. This price is fixed, it's not a subscription or cloud-based version. It is a one-time price."
  • "The price of the support depends on the vendors that are reselling this module or the MEGA HOPEX version 5. We are on premium support and are their only partners in the GCC, we have a premium support contract with them. The support we have is not with the client. The client does not bear the cost, it's us who bear the cost."
  • "I've been told that MEGA HOPEX is very expensive, which is why small organizations dismiss the tool. It's complex and costly versus other simpler and cheaper solutions."
  • "The product has a high cost."
  • "The tool is relatively expensive."
  • "The pricing depends on the number of licenses purchased."
  • More MEGA HOPEX Pricing and Cost Advice →

  • "Our clients in Asia think that the solution is too expensive."
  • More Workiva Wdesk Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Hi @Cheryl Joseph ​Looking at the crossover between Project and Portfolio management with EA, then Planview could be a good choice. If looking at Portfolio Management from an EA perspective then… more »
    Top Answer:The pricing depends on the number of licenses purchased. Typically, the more licenses you buy, the lower the cost per license. However, exact pricing details may vary depending on customers' specific… more »
    Top Answer:The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.
    Top Answer:Wdesk is affordable and as far as I'm aware, there were no additional costs beyond the standard license increase. We didn't have to make any other changes; it primarily involved accessing the platform… more »
    Top Answer:One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel. Sometimes, the features available in… more »
    Ranking
    4th
    out of 86 in GRC
    Views
    629
    Comparisons
    322
    Reviews
    13
    Average Words per Review
    459
    Rating
    8.2
    7th
    out of 86 in GRC
    Views
    1,333
    Comparisons
    829
    Reviews
    6
    Average Words per Review
    692
    Rating
    7.0
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    Also Known As
    Wdesk
    Learn More
    Overview

    MEGA HOPEX is a single software platform that combines integrated software solutions including privacy and data management, business process analysis, and risk management. By connecting business, IT, data, and risk perspectives, MEGA HOPEX helps your organization get the visibility you need and also helps improve decision-making by using connected EA to eliminate silos and foster collaboration. As a SaaS solution, MEGA HOPEX is scalable, flexible, and secure. It relies on Microsoft Azure infrastructure and is designed to seamlessly and easily integrate into your digital ecosystem. The MEGA HOPEX platform enables you to develop an integrated approach to risk management, business optimization, and data governance, as well as to build a clear IT roadmap.

    MEGA HOPEX Features

    MEGA HOPEX has many valuable key features. Some of the most useful ones include:

    • Flexible metamodel configurability: MEGA HOPEX can be adapted to your operating model with easy-to-use customization options. In addition, it gives you the option to expand functionalities and import ready-to-use content through the HOPEX store.
    • Intuitive workflows: The MEGA HOPEX platform includes intuitive workflows that help accelerate business value delivery and also helps to foster collaboration among all stakeholders.
    • Ready-to-use enterprise portal: With MEGA HOPEX’s ready-to-use enterprise portal, it is easy to share insights across your entire organization.
    • Contextual search: MEGA HOPEX has a contextual search functionality that enables you to find accurate and trusted data easily with the option to also use filters to narrow your search results.
    • Reporting and dashboarding: MEGA HOPEX offers out-of-the-box templates for reports and also allows you to build your own reports to monitor and govern your projects with actionable insights and recommendations.

    MEGA HOPEX Benefits

    There are many benefits to implementing MEGA HOPEX. Some of the biggest advantages the solution offers include:

    • Data-driven algorithms: MEGA HOPEX provides smart recommendations based on data-driven algorithms, giving you the ability to share actionable insights using a collaborative enterprise portal and mobile apps.
    • Intuitive modeling engine: The MEGA HOPEX platform enables you to visually communicate how your operations work and see how business, IT, and data are connected through building different diagrams. 
    • Improved collaboration and alignment: MEGA HOPEX has a data discovery tool that extracts data from various sources to build your data catalogs. The platform’s automated discovery of applications, data, and processes, along with its automated diagram generation and intelligent workflows, improve productivity, collaboration, and alignment.
    • Accelerates project delivery: By using MEGA HOPEX, you can develop synergies and avoid duplicative efforts by connecting strategy, business, IT, data, and risk perspectives on the same platform.

    Reviews from Real Users

    Below are some reviews and helpful feedback written by PeerSpot users currently using the MEGA HOPEX solution.

    PeerSpot user Kayode A., Enterprise Architecture Consultant at ZealHosts Consulting, says, “What I find the most valuable is the process workflow. It is really good. The fact that you can decompose is also valuable, as is the file D structure. Also, the fact that you can have your own logical repository structure and you can drag and drop is very valuable. This is largely because of its intuitiveness. Once you understand the logic behind the tool, MEGA HOPEX is quite intuitive. I also like the ability to create custom reports. I like the fact that you can share repository content via web to other end users who are not architects.”

    A Software Architect at a transportation company mentions, “The main feature that we like the most is the ability to have a unique repository where all the architects can interact and play together with the shapes of different architecture solutions. They have a unified repository where users can share the developments they're working on. Its availability is very good.” 

    An IT Consulting Manager at a tech services company comments, "We have many use cases for this solution but the feature I have found most valuable is the IT Portfolio Management module."

    Wdesk is used across the enterprise to support hundreds of data collaboration, reporting, and compliance processes. Use Wdesk to:

    • Optimize your structured and composite reports
    • Improve trust in your data, reports, and presentations
    • Transform processes to enable insight
    Sample Customers
    Aetna, Fannie Mae, M&T Bank, Glatfelter Insurance Group, Zions Management Services Company, The College Board, Baxter Credit Union, AXA Financial, Missouri Department of Conservation, New York State OTDA, MEG Energy Corp, Walgreens, Procter & Gamble, Biogen Idec, Gilead Sciences, Organic Valley, Trinity Health, Nissan and Ford
    Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple
    Top Industries
    REVIEWERS
    Financial Services Firm30%
    Transportation Company17%
    Insurance Company9%
    Computer Software Company9%
    VISITORS READING REVIEWS
    Educational Organization38%
    Financial Services Firm14%
    Government6%
    Computer Software Company6%
    VISITORS READING REVIEWS
    Financial Services Firm20%
    Educational Organization18%
    Computer Software Company6%
    Insurance Company6%
    Company Size
    REVIEWERS
    Small Business33%
    Midsize Enterprise13%
    Large Enterprise55%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise42%
    Large Enterprise48%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise24%
    Large Enterprise56%
    Buyer's Guide
    MEGA HOPEX vs. Workiva Wdesk
    March 2024
    Find out what your peers are saying about MEGA HOPEX vs. Workiva Wdesk and other solutions. Updated: March 2024.
    769,334 professionals have used our research since 2012.

    MEGA HOPEX is ranked 4th in GRC with 36 reviews while Workiva Wdesk is ranked 7th in GRC with 6 reviews. MEGA HOPEX is rated 7.8, while Workiva Wdesk is rated 7.0. The top reviewer of MEGA HOPEX writes "Easy to use and robust with good features". On the other hand, the top reviewer of Workiva Wdesk writes "A user-friendly tool useful for data consolidation and automating the reporting schedules". MEGA HOPEX is most compared with Sparx Systems Enterprise Architect, LeanIX, ARIS BPA, Visio and Avolution ABACUS, whereas Workiva Wdesk is most compared with AuditBoard, Oracle Hyperion, RSA Archer, OneTrust GRC and LucaNet. See our MEGA HOPEX vs. Workiva Wdesk report.

    See our list of best GRC vendors.

    We monitor all GRC 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.