Predict360 by 360factors vs. BWise

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Predict360 by 360factors
Score 8.0 out of 10
N/A
Predict360, the flagship software solution by 360factors, is a Risk and Compliance Intelligence Platform augmented with Artificial Intelligence technology to predict and mitigate operational risks while streamlining regulatory compliance. Predict360 integrates regulations and obligations, compliance management, risks and controls, KRIs, audits and assessments, policies and procedures, and training in a single cloud-based SaaS platform based on artificial intelligence to provide predictive…
$1,500
per month
BWise
Score 7.5 out of 10
N/A
BWise is an Governance, Risk Management, and Compliance (GRC) platform formerly owned and supported by Nasdaq, acquired by SAI Global in April 2019.N/A
Pricing
Predict360 by 360factorsBWise
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Predict360 by 360factorsBWise
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
Predict360 by 360factorsBWise
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
Predict360 by 360factorsBWise
Governance, Risk & Compliance
Comparison of Governance, Risk & Compliance features of Product A and Product B
Predict360 by 360factors
8.2
1 Ratings
9% above category average
BWise
8.3
2 Ratings
10% above category average
Common repository of GRC items8.01 Ratings8.72 Ratings
Risk management8.01 Ratings8.12 Ratings
Integration with Corporate Performance Management (CPM) systems10.01 Ratings7.01 Ratings
GRC policy management8.01 Ratings8.72 Ratings
Incident management7.01 Ratings9.02 Ratings
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Score 8.8 out of 10
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User Ratings
Predict360 by 360factorsBWise
Likelihood to Recommend
8.0
(1 ratings)
8.1
(2 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
-
(0 ratings)
9.0
(1 ratings)
Support Rating
-
(0 ratings)
9.0
(1 ratings)
Implementation Rating
-
(0 ratings)
8.0
(1 ratings)
User Testimonials
Predict360 by 360factorsBWise
Likelihood to Recommend
360factors Inc.
Predict 360 is a powerful tool for businesses that want to make better decisions using predictive analytics. It offers a range of features that can help businesses identify patterns and trends in data, uncover opportunities, and automate decision-making processes. However, businesses should consider their needs and budget when deciding if this platform is right for them.
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SAI Global
Well suited for general compliance, multiple initiatives, and integration with TeamMate. SAP GRC Process control may be better suited for an SAP environment. Oracle GRC may be better suited for an Oracle environment. Overall, BWise is a very cost effective, and flexible solution.
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Pros
360factors Inc.
No answers on this topic
SAI Global
  • Great reporting tool (uses SAP Business Objects). It is quite flexible on types of reports that can be created and supported. Also the reporting consultants are very competent and nice.
  • Highly customizable solution: almost everything can be tailored to an organization's needs, assessments, audits, issues, recommendations, tasks, etc. However, there's a trade-off between customization and the integration of different areas of the organization.
  • Increases visibility and efficiency in the organization. BWise offers centralized repositories (catalogs) that can be easily accessed and used by everyone in the organization (e.g. Process catalog, Policies and Procedures catalog, Risks, Controls, Laws catalogs, etc.). Also, the application allows findings on controls tested by Audit to be automatically reflected in controls monitored by SOX for example, without the need for SOX to retest them. So one area can leverage on the work of other areas increasing operational efficiency.
  • Increases integration and avoids silos. By choosing the correct design (e.g. Risk Workshops instead of Open Assessments), one area can see and benefit from another areas' work. An example was mentioned above; another would be Operational Risk area considering the results of Business Continuity, Vendor Management, Info Security, etc. assessments when carrying out theirs. Additionally, processes can be integrated: when contracting a new vendor for instance, one can include questions about data confidentiality and usage of models in the Vendor risk assessment. Answers to these could then trigger Info Sec / Model Risk assessments.
  • Increases accountability. Application provides full audit/change log with the type of change, name of executor, and date of change.
  • Easier follow-up. BWise sends automatic emails with reminders to the people required to take action on an issue, assessment, etc.
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Cons
360factors Inc.
No answers on this topic
SAI Global
  • Integration with SAP for continuous control monitoring.
  • Control mapping to standards: ISO; COSO; COBIT; HIPAA; SP800_53 (NIST); FedRAMP; PCI_DSS; BITS; GAAP; AICPA; BSI; CCM; COPPA; CSA
  • Surveys.
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Likelihood to Renew
360factors Inc.
No answers on this topic
SAI Global
BWIse is very flexible, and an affordable GRC tool.
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Usability
360factors Inc.
No answers on this topic
SAI Global
I found BWise to be very intuitive and user friendly.
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Support Rating
360factors Inc.
No answers on this topic
SAI Global
BWise support is knowledgeable and responsive. Bug fixes and development are also timely and ongoing.
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Implementation Rating
360factors Inc.
No answers on this topic
SAI Global
The main issues were managing the internal conflicts and competing objectives, rather than the capability and implementation of BWise itself.
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Alternatives Considered
360factors Inc.
No answers on this topic
SAI Global
Wasn't personally involved in the vendor selection process. I am aware that one of the main drivers for selecting BWise was cost (I believe BWise total project cost was several times lower than MetricStream's).
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Return on Investment
360factors Inc.
No answers on this topic
SAI Global
  • Increased employee efficiency especially considering incident management and follow up.
  • Increased visibility and senior management information/awareness.
  • Increased employee accountability.
  • Reduction of silos.
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ScreenShots

Predict360 by 360factors Screenshots

Screenshot of the Enterprise Risk Management Dashboard