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OneTrust vs Essential ERM vs SimpleRisk - Which Tool Fits Your Business?

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TL;DR - Quick Comparison Summary

Description

OneTrust is an ultimate solution for businesses to ensure their safety and manage privacy issues with ease. It helps them to stay updated with global privacy laws and provide superior data ... Read More

Essential ERM is a purpose-built enterprise risk management platform designed to simplify and elevate organizational risk practices without unnecessary complexity. Built around ISO 31000 ... Read More

SimpleRisk is a streamlined, cost-effective Governance, Risk, and Compliance (GRC) platform built for scalability and ease of use. It enables organizations to manage enterprise governance ... Read More

Entry Level Pricing

  • Not Available
  • Not Available
  • Starts from $5000 , yearly

Free Trial Availability

  • No free trial

User Ratings

4.2

(84)
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Software Demo

Demo

How do OneTrust, Essential ERM and SimpleRisk Compare on Features?

Total Features

16 Features

15 Features

22 Features

Unique Features

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        What Do OneTrust, Essential ERM and SimpleRisk Cost?

        Pricing Option

              Starting From

              • Not Available
              • Not Available
              • $5000 , yearly

              Pricing Plans

              • Not Available
              • Not Available
              • Not Available

              Pricing Page

              onetrust pricingessential-erm pricingsimplerisk pricing

              Other Details

              Organization Types supported

                    Platforms Supported

                    • Mobile - iOS
                    • Mobile - Android
                    • Mobile - iOS
                    • Mobile - Android
                    • Mobile - iOS
                    • Mobile - Android

                    Modes of support

                    • 24/7 (Live rep)
                    • Business Hours
                    • Online
                    • 24/7 (Live rep)
                    • Business Hours
                    • Online
                    • 24/7 (Live rep)
                    • Business Hours
                    • Online

                    API Support

                    • Available
                    • Not Available
                    • Not Available
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                    OneTrust vs Essential ERM User Reviews & Rating Comparison

                    User Ratings

                    4.2

                    (based on 84 reviews)

                    No reviews available for the product

                    No reviews available for the product

                    Rating Distribution

                    Excellent

                    0

                    Very Good

                    0

                    Good

                    0

                    Poor

                    0

                    Terible

                    0

                    No reviews available for the product

                    No reviews available for the product

                    Expert's Review generated by AI

                    OneTrust has redefined how we manage privacy and compliance at scale. Its AI-driven data discovery, powerful integration capabilities, and robust privacy law tracking allow us to stay ahead of ...Read more

                    Essential ERM offers a simple yet powerful enterprise risk management platform that is perfect for organizations seeking an intuitive and straightforward way to handle risks. Built on global ...Read more

                    SimpleRisk delivers an exceptional balance between functionality and affordability for organizations aiming to implement a GRC solution without unnecessary complexity. As an expert in risk ...Read more

                    Pros and Cons

                    Pros and Cons of OneTrust

                    • OneTrust excels in managing privacy requirements, offering tools that help organizations comply with global regulations such as GDPR, CCPA, and more, all from a single platform.

                    • OneTrust supports robust integrations with multiple third-party applications, enhancing interoperability and reducing manual processes across IT and compliance teams.

                    • The platform uses artificial intelligence to automatically discover, classify, and map sensitive data across systems, enabling proactive data governance.

                    • In addition to privacy, OneTrust extends its functionality into Governance, Risk, and Compliance (GRC), offering policy management, risk assessments, and internal control tools.

                    • Although the platform is highly configurable, setting up custom workflows and integrations can be complex and often requires technical assistance.

                    • Some users report that the interface can feel cluttered and unintuitive, especially for teams focused on simpler privacy tasks.

                    Pros and Cons of Essential ERM

                    • Essential ERM stands out for its user-friendly interface and streamlined design, making risk management processes easy to implement and manage for users at all levels.

                    • The platform is built around widely recognized risk management frameworks, ensuring that users adhere to global best practices while assessing and mitigating risks.

                    • This feature allows users to visualize multiple risk scenarios intuitively, helping teams understand risk impacts and mitigating actions in a clear and actionable format.

                    • Essential ERM allows for the quick creation of risk votes, enabling business managers and executives to participate in the decision-making process remotely, streamlining the assessment of critical risks.

                    • While the platform is user-friendly, its ease of use might come at the expense of deep customization for more complex risk management needs, which could be limiting for larger organizations with intricate requirements.

                    • While Essential ERM integrates operational risk features, the process of linking and managing them with enterprise-level risks might require additional time and resources for setup.

                    Pros and Cons of SimpleRisk

                    • SimpleRisk provides a robust set of GRC functionalities at a fraction of the cost of enterprise-level tools, making it highly accessible for small to mid-sized organizations.

                    • With auto-generated risk assessments tied to 250+ frameworks, users can efficiently prioritize and mitigate risks without extensive manual setup.

                    • The platform enables easy management of policies, procedures, and exceptions in one repository, ensuring a consistent and controlled governance structure.

                    • SimpleRisk offers tailored reports that meet the needs of executive, technical, and business users—facilitating clear and relevant risk communication.

                    • Compared to more advanced platforms, SimpleRisk may lack complex AI-driven analytics for deep predictive insights.

                    • Some configuration and integrations may require developer involvement or technical knowledge, especially for unique workflows.

                    List of Customers

                    Customers

                    Microsoft

                    Microsoft

                    Accenture

                    Accenture

                    Make A Wish

                    Make A Wish

                    Siemens

                    Siemens

                    Accenture

                    Accenture

                    Toyota Financial Services

                    Toyota Financial Services

                    No Customers information available.

                    Media and Screenshots

                    Screenshots

                    oneTrust

                    2 Screenshots

                    Purpose-built for Risk

                    4 Screenshots

                    SimpleRisk

                    2 Screenshots

                    Videos

                    video-0

                    1 Videos

                    video-0

                    1 Videos

                    video-0

                    1 Videos

                    Alternatives

                    Alternatives

                    No Alternative products available.

                    No Alternative products available.

                    Add to Compare

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                    Frequently Asked Questions (FAQs)

                    Stuck on something? We're here to help with all the questions and answers in one place.

                    OneTrust offers Free Trial, but Essential ERM does not.

                    OneTrust is designed for Large Enterprises, Medium Business and Small Business.

                    Essential ERM is designed for Large Enterprises, Medium Business and Small Business.

                    Pricing details for both OneTrust and Essential ERM are unavailable at this time. Contact the respective providers for more information.

                    Some top alternatives to OneTrust includes Osano, Cookiebot, Privata.ai, Qualified, Secuvy AI, Securiti, DataGrail, Privacy1, Workvivo, Vanta, Privaci.ai and Relyance AI.

                    Some top alternatives to Essential ERM includes and undefined.

                    Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].

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