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ACL Analytics vs MEGA HOPEX comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

ACL Analytics
Ranking in GRC
6th
Average Rating
9.6
Number of Reviews
6
Ranking in other categories
Continuous Controls Monitoring (1st)
MEGA HOPEX
Ranking in GRC
4th
Average Rating
7.8
Reviews Sentiment
7.4
Number of Reviews
40
Ranking in other categories
Enterprise Architecture Management (4th), Business Process Design (7th)
 

Mindshare comparison

As of December 2024, in the GRC category, the mindshare of ACL Analytics is 3.9%, down from 5.4% compared to the previous year. The mindshare of MEGA HOPEX is 1.5%, down from 2.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC
 

Featured Reviews

Sohail Ahmed - PeerSpot reviewer
Helps to save time and useful for data analytics
The tool's pricing is quite high. When I purchased the software, I constantly contacted the representatives. I requested a single license, but they informed me that only packages of three licenses were available. This made it very difficult for us to manage the cost, especially given the economic challenges in our country. The price of $5,000 is high, and transferring money from one country to another, particularly in dollars, is challenging due to high exchange rates. Although we managed to purchase it then, the lack of a single license option and the high cost were issues. I had trouble getting my issue across when I posted a problem with screenshots on the forum. The support team initially didn't seem to understand my problem and replied with general questions. I had to send more emails to explain it better. I think their support could be better. We expect support people to know the software well and understand our issues.
Navi Thejesh - PeerSpot reviewer
Interactive with good functionality and helps with productivity
The latest version is HOPEX WiFi. HOPEX can be on the cloud and accessed from anywhere within the given access network area. It is very interactive. We can do things from anywhere, and all the applications will work as specified. We can generate documents and can publish the documents. We can create a data match and visualize graphs and everything. Everything can be generated from the web interface itself. It has good functionality. We can develop our own customizations and meta models to define requirements, in-house business functions, and requirements. MEGA is already defined by global standards. A company can adapt to global standards and work in such a way to design its own methodology to define its structure. The interface is very good.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"We apply different methods, such as sampling, data manipulation, and sorting. I'm fond of the scripting feature, which automates routine tasks and saves time. It also offers data insights."
"It is very flexible and has hundreds of functions."
"The most valuable feature of ACL Analytics is its powerful data control capabilities."
"Initial setup is straightforward."
"I like the fact that in the duplicate section, I can find matches, and I can find situations where certain cells or certain cell points match, but there's a difference as well between two different records."
"It improved my organization using ​an automated audit revision with scripts."
"The tool's most valuable feature is its ability to import files from other software packages. Its reporting and visualization capabilities have made our reporting easier. Importing results into spreadsheets or other documents for incorporation into reports is particularly helpful."
"This is a complete package with all of the functionality that we need."
"It is very interactive."
"MEGA offers a more integrated GRC platform to facilitate enhanced coordination between the functions of Risk, Compliance, and Internal Audit on a single platform solution - HOPEX."
"The solution itself was easy to use."
"What I find the most valuable is the process workflow. It is really good."
"It generates friendly websites and presents specific views of the enterprise (business, functional, applicative, technological, and infrastructure)."
"The most valuable feature for this solution is the automatic updating and propagation of changes across the system."
"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."
 

Cons

"The ease of use could be better."
"​Reporting and presentation of information directly to solutions, such as PowerPoint.​"
"The tool's pricing is quite high. When I purchased the software, I constantly contacted the representatives. I requested a single license, but they informed me that only packages of three licenses were available. This made it very difficult for us to manage the cost, especially given the economic challenges in our country."
"It would be beneficial if the software could improve its capabilities when extracting data from databases, particularly for those who may not be familiar with SQL queries."
"The product's pricing has increased over the years."
"Scalability can be a problem sometimes."
"We have a very close relationship with MEGA representatives in Mexico, and we ask them why they don't offer impact analysis. For example, we have a server in the center and provide the client a view of what's in the peripheral area, like one cluster, application, process area, and services. We want to offer our clients that level of visibility with HOPEX."
"The data layer might be the weakest point for MEGA HOPEX."
"Lacking more out of the box integrations."
"The initial setup is a little complex."
"Needs a friendlier import/export to other modeling tools."
"MEGA HOPEX can improve process simulation in the BPA module. If the solution was better we would not have to use another solution for this purpose. Simulating scenarios in the future for the to-be processes is in demand. If we can have the simulation engine built inside MEGA HOPEX, we would not have to purchase another license or solution to integrate them with each other. This would be a great improvement."
"It has a data domain where we load our data objects onto the tool but doesn't provide data governance capabilities such as cleansing or validating data."
 

Pricing and Cost Advice

"The price of $5,000 is high, and transferring money from one country to another, particularly in dollars, is challenging due to high exchange rates. Although we managed to purchase it then, the lack of a single license option and the high cost were issues."
"The pricing for me as an individual seems a lot. For our organization, the price is okay. It's about $6,000 a year. I don't know of any additional costs."
"If you want to use additional features, such as the Risk Management capability, then it is a little too expensive."
"MEGA HOPEX's licensing costs are yearly."
"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."
"The pricing depends on the number of licenses purchased."
"The product has a high cost."
"The tool is relatively expensive."
"It is very expensive."
"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."
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Top Industries

By visitors reading reviews
Financial Services Firm
13%
Government
13%
Computer Software Company
11%
Manufacturing Company
7%
Educational Organization
43%
Financial Services Firm
13%
Computer Software Company
6%
Government
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What do you like most about ACL Analytics?
The tool's most valuable feature is its ability to import files from other software packages. Its reporting and visualization capabilities have made our reporting easier. Importing results into spr...
What is your experience regarding pricing and costs for ACL Analytics?
The licensing cost for ACL Analytics is around $6,000, which includes both SCA and hybrid functionalities. There are no extra fees.
What needs improvement with ACL Analytics?
The tool's pricing is quite high. When I purchased the software, I constantly contacted the representatives. I requested a single license, but they informed me that only packages of three licenses ...
Any experience with Strategic Project Portfolio Management Solutions?
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 Le...
 

Also Known As

ACL
No data available
 

Overview

 

Sample Customers

Essar Group, Dean Foods, Lafarge North America, Austrian Ministry of Finance
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
Find out what your peers are saying about ACL Analytics vs. MEGA HOPEX and other solutions. Updated: December 2024.
824,067 professionals have used our research since 2012.