ARIS vs. Wolters Kluwer OneSumX

Well suited for enterprise architecture modeling where the intent to document elements beyond processes as well, such as risks and controls, KPIs, systems, org charts, etc. It also has the excellent capability of creating custom reports, hence if looking for various views right from summary to detailed, this is a great tool. It is less appropriate for implementing the processes as it is not very strong in BPMN.

Wolters Kluwer OneSumX is a perfect fit for almost all financial risk management needs. More to running financial risk analytics to help you keep an eye out on any possible financial risk, it offers outstanding functionalities in entire business regulatory analytics and reporting to help you run your business within its regulatory compliance.

Incentivized

• Query feature is excellent to extract information in a specific manner.
• Ability to create custom reports.
• Collaboration feature is very good.
• Semantic checks to check validation errors.
• cloud based central repository.

Incentivized

• It is easy to run various scenario analyses and stress testing on various financial activities in order to get useful metrics about possible financial risks.
• It allows one to easily and fast process even huge amounts of data thus saving time and resources spent performing these activities.
• It is flexible and easy to customize in order to fit your working criteria so as to best meet your financial risk management needs.
• It is easy to have a full review of the entire balance sheet for easy data modelling.

Incentivized

• Defining databases, use of entities and relationship diagrams, define data, like data models, there is still a part they could improve.
• Providing more standard reports and improving on access rights and privileges functionality

Incentivized

• The price of the payment packages is a little bit high and this means it is not suitable for use by small-scaled businesses.
• It has a wider range of features whose usage needs some time to train and master. This consumes extra resources and time.

Incentivized

I am a BPM and Enterprise Architect Consultant and hence have been using different BPM and EA tools for consulting practice. Until now I have used Opentext Provision EA,Sparx EA, MS Visio and IBM Blueworks. All of the tools used are good and have their own unique features and capabilities. ARIS BPA is widely used by my current organization for different projects.

Incentivized

It has good, even complex functionality that is provided by its library and ability to create relations between items, yet it is not hard to use. Anyone can use it in a short time. It provides reporting abilities and good documentation with the availability of exporting options. The only drawback I have seen was user management/login issues.

Incentivized

The Service area, they have been very useful. ARIS suite is covering number of applications. ARIS engine is very powerful and robust. The tool can be configured in many ways which can be beneficial but can be a curse at the same time. As a user, you need to apply this flexibility with care.

Incentivized

Everything about Wolters Kluwer OneSumX stands out when compared to other similar products. Talk of its well-organized interface and dashboard, the number and quality of financial risk management features all the way to the quality of the support offered by the support team. Its ease of deployment is another standalone factor.

Incentivized

• Documentation of processes made it possible for anyone to see who does what, how and using what systems.
• Dependency on specific people is eliminated.

Incentivized

• It has helped us to streamline our financial risk management experience such that we are able to detect possible financial risks in good time and deal with them accordingly.
• It has helped us to generate accurate and transparent regulatory reports that
• guides us in ensure regulatory compliance is met.
• It has allowed us to run analyses on our financial processes based on different scenarios in order to detect possible financial risk threats.

Incentivized