OneTrust GRC vs Panorays comparison

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OneTrust Logo
2,756 views|1,372 comparisons
Panorays Logo
446 views|310 comparisons
Comparison Buyer's Guide
Executive Summary

We performed a comparison between OneTrust GRC and Panorays 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).
765,386 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:
Pricing and Cost Advice
  • "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 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.
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    Ranking
    Views
    2,756
    Comparisons
    1,372
    Reviews
    4
    Average Words per Review
    383
    Rating
    6.5
    13th
    Views
    446
    Comparisons
    310
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    OneTrust Vendor Risk Management
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    Overview

    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.

    Panorays is dedicated to eliminating third-party cyber risk so that companies worldwide can quickly and securely do business together. We automate, accelerate and scale the third-party security evaluation and management process so you can quickly and easily manage, mitigate and remediate risk, reduce breaches, ensure vendor compliance and improve your security across the board.

    Panorays offers an automated, comprehensive and easy-to-use third-party security platform that manages the whole process from inherent to residual risk, remediation and ongoing monitoring. Unlike other solution providers, Panorays combines automated, dynamic security questionnaires with external attack surface assessments and business context to provide organizations with a rapid, accurate view of supplier cyber risk. It is the only such platform that automates, accelerates and scales customers’ third-party security evaluation and management process, enabling easy collaboration and communication between companies and suppliers, resulting in efficient and effective risk remediation in alignment with a company’s security policies and risk appetite. Visit us at www.panorays.com.

    Sample Customers
    randstand, into, halfbrick
    Payoneer, ClearBank, WalkMe, Orbis, SAPIENS, Gett
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm15%
    Computer Software Company11%
    Government6%
    Healthcare Company6%
    VISITORS READING REVIEWS
    Computer Software Company20%
    Manufacturing Company14%
    Financial Services Firm8%
    Construction Company7%
    Company Size
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise14%
    Large Enterprise66%
    VISITORS READING REVIEWS
    Small Business24%
    Midsize Enterprise17%
    Large Enterprise58%
    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.
    765,386 professionals have used our research since 2012.

    OneTrust GRC is ranked 4th in IT Vendor Risk Management with 6 reviews while Panorays is ranked 13th in IT Vendor Risk Management. OneTrust GRC is rated 7.6, while Panorays is rated 0.0. The top reviewer of OneTrust GRC writes "Costly solution that may not guarantee ROI, but remains effective in IT risk management ". On the other hand, OneTrust GRC is most compared with RSA Archer, ProcessUnity, AuditBoard, Workiva Wdesk and RiskRecon, whereas Panorays is most compared with Black Kite, SecurityScorecard, Bitsight Third-Party Risk Management and UpGuard Vendor Risk.

    See our list of best IT Vendor Risk Management 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.