GRC Tools & Functional Modules

GRC Tools & Functional Modules

A functional reference of Governance, Risk & Compliance platforms — the foundation for hands-on GRC CyberLab work.

Enterprise GRC Platforms

10 tools

MetricStream

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Functions: Enterprise Risk Management, Compliance Management, Internal Audit, IT & Cyber Risk, Third-Party Risk, Policy Management, Business Continuity

Best for: Large Enterprises

Frameworks: ISO 27001, NIST, SOX, PCI DSS, HIPAA, GDPR, CMMC

RSA Archer

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Functions: Enterprise Risk, Audit, Third-Party Risk, Regulatory Compliance, Policy Management, Business Resilience

Best for: Fortune 500

Frameworks: ISO, NIST, PCI, SOX, HIPAA, GDPR

ServiceNow IRM (Integrated Risk Management)

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Functions: IT Risk, Cyber Risk, Vendor Risk, Policy Management, Compliance, Business Continuity

Best for: Organizations already using ServiceNow

Frameworks: NIST, ISO, PCI DSS, SOX, CMMC

OneTrust

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Functions: Privacy Management, Third-Party Risk, Vendor Risk, AI Governance, Compliance Automation

Best for: Privacy & Compliance Programs

Frameworks: GDPR, CCPA, ISO 27701, NIST Privacy

AuditBoard

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Functions: Internal Audit, SOX, Risk Management, Controls Testing, Compliance

Best for: Audit Teams

Frameworks: SOX, ISO 27001, SOC 2, NIST

LogicGate Risk Cloud

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Functions: No-code Risk Workflows, Vendor Risk, Enterprise Risk, Cyber Risk, Compliance

Best for: Mid-size & Enterprise

Frameworks: ISO, NIST, HIPAA, PCI DSS

Diligent One Platform

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Functions: Board Governance, ESG, Audit, Enterprise Risk, Compliance

Best for: Executive Leadership & Boards

Frameworks: SOX, ESG, COSO

SimpleRisk

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Functions: Open-source Risk Register, Compliance, Vulnerability Management, Incident Management

Best for: Small Business, MSPs, Education

Frameworks: 250+ Frameworks

Resolver

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Functions: Operational Risk, Incident Management, Compliance, Internal Audit

Best for: Enterprise Risk Teams

Frameworks: ISO, SOX, NIST

Compyl

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Functions: Cyber GRC, Policy Management, Evidence Collection, Vendor Risk

Best for: SMB & Mid-market

Frameworks: SOC 2, ISO 27001, NIST, HIPAA

Specialized Cybersecurity GRC Platforms

6 tools

Hyperproof

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Purpose: Continuous Compliance

Best for: SaaS Companies

Vanta

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Purpose: Automated Compliance

Best for: Startups

Drata

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Purpose: SOC 2 Automation

Best for: Cloud Companies

Sprinto

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Purpose: Automated Compliance Monitoring

Best for: SMBs

Secureframe

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Purpose: Compliance Automation

Best for: SaaS

Scytale

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Purpose: Compliance Management

Best for: Startups

Open Source GRC

2 tools

SimpleRisk Community

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Functions: Risk Register, Controls, Compliance

Eramba

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Functions: Risk, Compliance, Asset Management, Policies, Internal Audit

Vendor Risk Management

4 tools

ProcessUnity

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Purpose: Third-Party Risk

SecurityScorecard

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Purpose: Vendor Security Ratings

BitSight

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Purpose: External Security Ratings

UpGuard

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Purpose: Vendor Risk & Attack Surface

Internal Audit

3 tools

AuditBoard

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Purpose: Internal Audit Management

TeamMate+

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Purpose: Internal Audit

Galvanize HighBond

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Purpose: Audit & Risk

GRC Functional Modules

19 tools

What each module in a GRC tool actually does.

Governance

Policies, standards, procedures, board oversight, policy exceptions

Enterprise Risk Management (ERM)

Identify, assess, score, prioritize, and treat organizational risks

IT Risk Management

Manage technology, infrastructure, cloud, and cyber risks

Cyber Risk

Framework mapping, control maturity, cybersecurity risk assessments

Compliance Management

Track regulatory requirements and demonstrate compliance

Internal Audit

Audit planning, findings, evidence collection, corrective actions

Policy Management

Create, approve, review, publish, and attest policies

Control Management

Maintain security controls and test effectiveness

Risk Register

Central repository for all organizational risks

Third-Party Risk Management

Assess and monitor suppliers and vendors

Vendor Questionnaires

Automate due diligence and security assessments

Asset Management

Track systems, applications, data, and business assets

Incident Management

Record, investigate, and remediate incidents

Issue Management

Track audit findings, nonconformities, and remediation

Business Continuity

Business Impact Analysis (BIA), Disaster Recovery (DR), resilience

Evidence Management

Store audit evidence linked to controls

Workflow Automation

Automate approvals, reviews, notifications, and remediation

Dashboards & Reporting

Executive dashboards, KPIs, heat maps, compliance status

AI Governance

Inventory AI systems, assess AI risks, and map to emerging AI standards