What users are saying about
This review does not include a rating.
6 Ratings
This review does not include a rating.
6 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 7.5 out of 100

Likelihood to Recommend

Biz4x

No answers on this topic

BWise

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.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Governance, Risk & Compliance

Biz4x
BWise
8.3
Common repository of GRC items
Biz4x
BWise
8.7
Risk management
Biz4x
BWise
8.1
Integration with Corporate Performance Management (CPM) systems
Biz4x
BWise
7.0
GRC policy management
Biz4x
BWise
8.7
Incident management
Biz4x
BWise
9.0

Pros

Biz4x

No answers on this topic

BWise

  • 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.
Anonymous | TrustRadius Reviewer

Cons

Biz4x

No answers on this topic

BWise

  • 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.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

Biz4x

No score
No answers yet
No answers on this topic

BWise

BWise 9.0
Based on 1 answer
BWIse is very flexible, and an affordable GRC tool.
Anonymous | TrustRadius Reviewer

Usability

Biz4x

No score
No answers yet
No answers on this topic

BWise

BWise 9.0
Based on 1 answer
I found BWise to be very intuitive and user friendly.
Anonymous | TrustRadius Reviewer

Support Rating

Biz4x

No score
No answers yet
No answers on this topic

BWise

BWise 9.0
Based on 1 answer
BWise support is knowledgeable and responsive. Bug fixes and development are also timely and ongoing.
Anonymous | TrustRadius Reviewer

Implementation Rating

Biz4x

No score
No answers yet
No answers on this topic

BWise

BWise 8.0
Based on 1 answer
The main issues were managing the internal conflicts and competing objectives, rather than the capability and implementation of BWise itself.
Anonymous | TrustRadius Reviewer

Alternatives Considered

Biz4x

No answers on this topic

BWise

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).
Anonymous | TrustRadius Reviewer

Return on Investment

Biz4x

No answers on this topic

BWise

  • Increased employee efficiency especially considering incident management and follow up.
  • Increased visibility and senior management information/awareness.
  • Increased employee accountability.
  • Reduction of silos.
Anonymous | TrustRadius Reviewer

Screenshots

Pricing Details

Biz4x

General

Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

BWise

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Add comparison