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OneTrust GRC vs Workiva Wdesk comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

OneTrust GRC
Ranking in GRC
2nd
Average Rating
8.2
Number of Reviews
14
Ranking in other categories
IT Vendor Risk Management (1st)
Workiva Wdesk
Ranking in GRC
5th
Average Rating
7.0
Number of Reviews
7
Ranking in other categories
Business Performance Management (11th), Financial Close Software (2nd)
 

Mindshare comparison

As of November 2024, in the GRC category, the mindshare of OneTrust GRC is 8.5%, down from 9.1% compared to the previous year. The mindshare of Workiva Wdesk is 7.8%, up from 4.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC
 

Featured Reviews

Gerald Pegg - PeerSpot reviewer
Oct 11, 2024
Streamlined incident management with user-friendly automation tools and responsive support
I use OneTrust specifically for incident management. For my company, I helped to create the incident management program that we currently use, particularly with gathering the information and sending out assessments to different vendors to collect information for further research and discovery.  I…
Phillip Gough - PeerSpot reviewer
Oct 24, 2023
The solution is easy to deploy and enables collaboration, but it must improve its speed and enable users to create pivot tables
The solution is used for financial reporting The collaboration within the platform is valuable. The solution should be able to do pivot tables. I have been using the solution for three years. I am using the latest version of the solution. I rate the tool’s stability a six out of ten. The speed…

Quotes from Members

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

Pros

"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 privacy impact assessment automation tool and the incident management tool are very user-friendly."
"The simplicity of OneTrust GRC, particularly its user interface, is valuable as it makes it easy to use and not complex."
"The product helps us streamline audit and incident management processes."
"One of the valuable features of this solution is it has the ability to review fourth and fifth parties to the nth degree."
"Vendors can be assessed and rated out of the tool, and assessments can be scheduled for updates at certain intervals."
"OneTrust GRC offers policy management, including documentation, distribution, attestation, and policy management."
"One of the most beneficial features of the product has been its cloud-based IT and vendor risk management tools, along with built-in templates for GDPR and ISO compliance."
"The cross-functionality between connectivity, whether through API connections between different software platforms or the connection of data collection to the actual written ESG report, is highly valuable. The connectivity of all these aspects significantly aids in data assurance, which I consider a bonus."
"It makes the compliance process more efficient and more effective."
"The collaboration within the platform is valuable."
"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."
"Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."
"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."
"It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files."
 

Cons

"They could enhance the product's functionalities like audit management and ensure consistency across modules."
"There are several areas for improvement. One is the integration capability. Connecting various DSAR systems can be time-consuming if a single integration takes months to complete."
"They could improve by offering free help. A solution, a lot of times, is not just the use of the solution. For example, it is the overall engagement, how well do they support the system, what is their SLA, and how long their response time is to an issue. It would be beneficial if they had some type of professional services where they offer the first five hours of professional services a year for free. That would be a substantial benefit rather than having to buy professional services or professional services packages."
"We encounter difficulties creating multiple platforms or interfaces and manual processes for changing certain settings."
"There could be enhancements related to AI."
"OneTrust GRC's workflows aren't automated and need to be manually driven."
"I wish there were more customization options, particularly within the privacy rights automation module."
"There are limitations to customized workflow automation, and they need to increase both the available automation and the customized workflow."
"Regarding the solution, reporting has certain areas that can be considered for improvement."
"At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities."
"The most critical issue is the need to shift between uppercase and lowercase."
"The speed must be improved."
"The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandatory or voluntary reporting requirements, leading to lost linkage connections that must be manually reset each time a change is made. This aspect is not functional now, and I see it as an opportunity for improvement."
"One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel."
"With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."
 

Pricing and Cost Advice

"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."
"The solution is expensive."
"OneTrust GRC is an expensive solution."
"I found the pricing and setup cost very reasonable."
"Our clients in Asia think that the solution is too expensive."
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Top Industries

By visitors reading reviews
Financial Services Firm
14%
Computer Software Company
12%
Government
7%
Healthcare Company
7%
Financial Services Firm
18%
Educational Organization
16%
Computer Software Company
8%
Insurance Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

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?
I don't have specifics on pricing. I know it's not very cheap, but the budget aspect is outside my wheelhouse.
What needs improvement with OneTrust GRC?
I wish there were more customization options, particularly within the privacy rights automation module. More customization on the backend would allow for adjusting specific category labels tailored...
What do you like most about Workiva Wdesk?
The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.
What is your experience regarding pricing and costs for Workiva Wdesk?
Wdesk is affordable and as far as I'm aware, there were no additional costs beyond the standard license increase. We didn't have to make any other changes; it primarily involved accessing the platf...
What needs improvement with Workiva Wdesk?
The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandat...
 

Comparisons

 

Also Known As

OneTrust Vendor Risk Management
Wdesk
 

Learn More

 

Overview

 

Sample Customers

randstand, into, halfbrick
Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple
Find out what your peers are saying about OneTrust GRC vs. Workiva Wdesk and other solutions. Updated: October 2024.
815,854 professionals have used our research since 2012.