Panorays vs RSA Archer comparison

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Panorays Logo
421 views|322 comparisons
RSA Logo
3,365 views|1,370 comparisons
92% willing to recommend
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Executive Summary

We performed a comparison between Panorays and RSA Archer 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).
768,924 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
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  • "The price of RSA Archer is good. The price isn't too high considering it is a leading tool in the market."
  • "As I am a developer and responsible for providing production support, I do not have personal knowledge of the pricing. However, my colleagues claim that it is very expensive in comparison with other tools."
  • "It is not expensive. It is reasonable. We only pay for the licensing."
  • "I am not 100% familiar with that, especially with their new model. I just know that the way they've licensed per user to scale is good."
  • "At the higher end of the price scale, but provides better, more accessible functionality and customization than cheaper products."
  • "Fairly highly-priced, especially for smaller companies."
  • "RSA Archer's price is justifiable and not as expensive, compared to ServiceNow. I have heard that the licensing for ServiceNow is much more expensive. I'm unaware whether there are any additional costs after licensing fees."
  • "The solution is not at all a cheap product."
  • More RSA Archer Pricing and Cost Advice →

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    Top Answer:It has various valuable features. For example, showing us if a control aligns with specific standards or frameworks helps us understand it better and verify its compliance.
    Top Answer:The user interface needs work. There are many small text boxes, like credit card size's boxes, where we need to input a lot of text. You can't see what you're typing beyond the tiny window, so you… more »
    Top Answer:We primarily use the system control module and specific IT control models for ongoing risk assessment activities. We use it on a day-to-day basis.
    Ranking
    13th
    Views
    421
    Comparisons
    322
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Views
    3,365
    Comparisons
    1,370
    Reviews
    8
    Average Words per Review
    418
    Rating
    8.0
    Comparisons
    OneTrust GRC logo
    Compared 17% of the time.
    IBM OpenPages logo
    Compared 16% of the time.
    MetricStream logo
    Compared 9% of the time.
    Workiva Wdesk logo
    Compared 5% of the time.
    AuditBoard logo
    Compared 5% of the time.
    Also Known As
    Archer
    Learn More
    Overview

    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.

    RSA Archer is a solution designed to help your organization manage policies, controls, risks, assessments, and deficiencies across your lines of business. RSA helps you manage your digital risk with a range of capabilities and expertise including integrated risk management, threat detection and response, identity and access management, as well as fraud prevention.

    The solution also allows you to adapt a broad range of solutions to your requirements and is a good option for both big and small companies.

    RSA Archer Features

    RSA Archer has many valuable key features. Some of the most useful ones include:

    • Application builder
    • Advanced business workflow
    • System integration
    • Search, reports, and dashboards
    • Access control
    • Globalization
    • Audit management
    • Privacy program management
    • Security incident management

    RSA Archer Benefits

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

    • Taxonomy and data structure: With RSA Archer, you can build and maintain an inventory of personal data processing activities and assets, utilizing a purpose-built taxonomy and data structure.
    • Easy tracking: RSA Archer enables you to track data retention schedules and execute a checklist as it relates to processing activities.
    • Smooth management: By using RSA Archer, you can manage activities related to notifications and consents linked to the processing activity inventory.
    • Improve information assurance programs: RSA Archer enables agencies to improve information assurance programs for continuous monitoring and assessment and authorization.
    • Compliance: By providing compliance management, RSA Archer allows you to consolidate information from multiple regulatory bodies and establish a sustainable, repeatable, and auditable regulatory compliance program.
    • Business continuity: With RSA Archer, you can automate business continuity and disaster recovery planning to protect your organization in the event of a crisis.

    Reviews from Real Users

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

    A Specialist, RSA Archer at a tech services company, says, “RSA Archer is a valuable tool because it can manage the end-to-end functioning of any enterprise GRC module, such as compliance and risk management or business continuity plans and the entire BCM module. RSA Archer also provides many out-of-the-box solutions, which are use cases derived from the standards for GRC or risk management, governance, and compliance. It provides an end-to-end mechanism for business users on a single platform. That includes reporting, managing workflow, creating documentation, or tracking a process where you need to get approval from the various levels within the organization's hierarchy.”

    PeerSpot user Krishnendu S., Vice President at a financial services firm, mentions, "It is enterprise-wide accessible. So, it is very helpful for all the employees in our bank. They can log in and do their risk management activities. It has a few inbuilt modules that are helpful for doing risk management activities, such as issue management, risk identification, risk assessment, and policy exception management. It also has some inbuilt workflows inside these modules. They are also helpful."

    A Sr. Internal Auditor at an energy/utilities company comments, "Its user interface is pretty neat, and there is flexibility in generating the data. You can customize reports at any level. You can directly get reports in Tableau format. If you want to generate statistical data, you can create reports with graphs. There is an adequate amount of flexibility for changing the format, the type of graphs, etc."

    Another PeerSpot user, Manash B., Technology Manager at a tech services company, explains, "RSA is a very rich application. I like its adaptive suggestion, where based on your users and the class of data, it can actually recommend you the proper control to choose. For example, we have been using PCI DSS as an NIST. So based on application feedback, it will provide you with a suggestion on which control objective needs to be set. Based on that, you can make a decision—you don't need to take the suggestion, but you can customize that particular provided suggestion. RSA Archer's workflow is also good, in terms of process automation."

    Sample Customers
    Payoneer, ClearBank, WalkMe, Orbis, SAPIENS, Gett
    T-Systems, Bridge Point, Equifax, First Data, Global Imaging Company, Manulife Financial
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company22%
    Manufacturing Company13%
    Financial Services Firm8%
    Construction Company7%
    REVIEWERS
    Financial Services Firm35%
    Insurance Company10%
    Energy/Utilities Company10%
    Retailer10%
    VISITORS READING REVIEWS
    Educational Organization45%
    Financial Services Firm14%
    Computer Software Company6%
    Manufacturing Company4%
    Company Size
    VISITORS READING REVIEWS
    Small Business26%
    Midsize Enterprise17%
    Large Enterprise57%
    REVIEWERS
    Small Business24%
    Midsize Enterprise14%
    Large Enterprise62%
    VISITORS READING REVIEWS
    Small Business9%
    Midsize Enterprise49%
    Large Enterprise42%
    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.
    768,924 professionals have used our research since 2012.

    Panorays is ranked 13th in IT Vendor Risk Management while RSA Archer is ranked 1st in IT Vendor Risk Management with 38 reviews. Panorays is rated 0.0, while RSA Archer is rated 8.0. On the other hand, the top reviewer of RSA Archer writes "A rich application with good workflow, but search feature needs improvement". Panorays is most compared with Black Kite, SecurityScorecard, Bitsight Third-Party Risk Management, OneTrust GRC and UpGuard Vendor Risk, whereas RSA Archer is most compared with OneTrust GRC, IBM OpenPages, MetricStream, Workiva Wdesk and AuditBoard.

    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.