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Diligent One Platform (formerly Highbond) vs OneTrust GRC comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Diligent One Platform (form...
Ranking in GRC
8th
Ranking in IT Vendor Risk Management
16th
Average Rating
8.6
Number of Reviews
3
Ranking in other categories
IT Governance (5th)
OneTrust GRC
Ranking in GRC
3rd
Ranking in IT Vendor Risk Management
2nd
Average Rating
8.2
Number of Reviews
13
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of October 2024, in the GRC category, the mindshare of Diligent One Platform (formerly Highbond) is 3.6%, down from 5.4% compared to the previous year. The mindshare of OneTrust GRC is 8.4%, down from 9.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC
 

Featured Reviews

WW
Jan 27, 2023
Good automation and analytics, but is costly
The report model was our main concern. I believe currently the solution uses a third party for the reporting. As part of a consulting firm, one of the challenges we face is the difficulty in producing reports that meet the expectations of our clients and customers. It would be beneficial if the focus could be shifted toward improving the reporting aspect. The impact report is a crucial aspect, as we only have one opportunity to create it. Galvanize HighBond can improve by generating more impact reports post-project, and allowing access to the reports using a web version, which would greatly benefit us. The cost of the solution is expensive and needs improvement.
Steve Peacock - PeerSpot reviewer
Apr 26, 2024
Has robust IT risk management capabilities and good technical support services
I recently implemented the platform for a large multinational client operating in 28 countries with diverse risk management needs across privacy, cyber, and group strategy. Its configurable nature allowed us to tailor risk attributes and visibility filters specific to each organizational unit, enhancing compliance effectiveness. Automation has significantly optimized compliance processes. For example, automating vendor risk assessments at a global jewelry company reduced process time and dependencies among legal, cyber, and ESG teams, enhancing agility and efficiency. OneTrust's CyberScores and Security Scorecard feature provided independent risk assessments for vendors, facilitating informed decisions. This capability was instrumental in aligning IT risk management with privacy team requirements, ensuring robust vendor evaluations. Integration with existing systems was smooth overall, leveraging robust API for customized reporting. However, managing custom attributes required additional effort to align with reporting needs, necessitating a translation mechanism in tools like Power BI. I would recommend it and rate it a nine.

Quotes from Members

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

Pros

"The most valuable feature is automation."
"We receive notifications or cases and prioritize them accordingly, which helps us address issues promptly."
"The product helps us streamline audit and incident management processes."
"We have data from Jira regarding addiction related to Europe as well as California. Additionally, we have data related to the Indian Data Protection Bill. Therefore, GDPR compliance is highly beneficial."
"The most valuable feature of the solution is that it already has visibility about all the data protection regulations or other cybersecurity regulations related to several countries"
"As a solution for IT risks, it is a very good product."
"It does help in the automation of our privacy impact assessments."
"The privacy impact assessment automation tool and the incident management tool are very user-friendly."
"OneTrust GRC is stable."
 

Cons

"The cost of the solution is expensive and needs improvement."
"The Vendor Risk dashboard is quite basic today and not interactive, but improvements are in coming the next releases."
"There could be enhancements related to AI."
"I wish there were more customization options, particularly within the privacy rights automation module."
"The product is not that easy to set up."
"I haven't seen any return on investment using the solution. If I had the opportunity, I would use a different solution."
"OneTrust GRC's workflows aren't automated and need to be manually driven."
"They could enhance the product's functionalities like audit management and ensure consistency across modules."
"The platform was not built in a way that allowed multinational entities to use it seamlessly."
 

Pricing and Cost Advice

"I give the cost of the solution a six out of ten."
"I found the pricing and setup cost very reasonable."
"The solution is expensive."
"OneTrust GRC's licensing costs about $15,000 per module."
"The platform is expensive."
"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."
"OneTrust GRC is an expensive solution."
report
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813,161 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Educational Organization
45%
Financial Services Firm
8%
Government
6%
Computer Software Company
5%
Financial Services Firm
14%
Computer Software Company
13%
Government
8%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for Galvanize HighBond?
Regarding pricing, we are located in Africa where economic instability prevails and our currency continues to lose value due to inflation. The cost of the solution is high. I give the cost of the s...
What needs improvement with Galvanize HighBond?
The report model was our main concern. I believe currently the solution uses a third party for the reporting. As part of a consulting firm, one of the challenges we face is the difficulty in produc...
What do you like most about OneTrust GRC?
We have data from Jira regarding addiction related to Europe as well as California. Additionally, we have data related to the Indian Data Protection Bill. Therefore, GDPR compliance is highly benef...
What is your experience regarding pricing and costs for OneTrust GRC?
OneTrust GRC is an expensive solution. OneTrust told us that the solution's pricing given on their website is for one entity coming to them. They told us that if the price of a module is 4,000 doll...
What needs improvement with OneTrust GRC?
The platform was not built in a way that allowed multinational entities to use it seamlessly. You could only create one organization. So you create the organization, and then you need to create cou...
 

Also Known As

Rsam GRC, HighBond, HighBond by Galvanize , Diligent GRC Platform
OneTrust Vendor Risk Management
 

Learn More

 

Overview

 

Sample Customers

CNA Insurance
randstand, into, halfbrick
Find out what your peers are saying about Diligent One Platform (formerly Highbond) vs. OneTrust GRC and other solutions. Updated: October 2024.
813,161 professionals have used our research since 2012.