What users are saying about
6 Ratings
6 Ratings
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Score 7.5 out of 100
3 Ratings
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Score 7.3 out of 100

Likelihood to Recommend

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

NICE Compliance Center

When an agent is working from home, in the past there was no way to record their contract center calls. Now with NICE Compliance Center our agents can work from anywhere without worry of being in breach of compliance
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Governance, Risk & Compliance

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

Pros

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

NICE Compliance Center

  • Being a cloud recoding tool, you can access it from anywhere
  • It's reliable
  • Scalable
Anonymous | TrustRadius Reviewer

Cons

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

NICE Compliance Center

  • Haven't had any issues with it since the deployment
Anonymous | TrustRadius Reviewer

Likelihood to Renew

BWise

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

NICE Compliance Center

No score
No answers yet
No answers on this topic

Usability

BWise

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

NICE Compliance Center

No score
No answers yet
No answers on this topic

Support Rating

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

NICE Compliance Center

No score
No answers yet
No answers on this topic

Implementation Rating

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

NICE Compliance Center

No score
No answers yet
No answers on this topic

Alternatives Considered

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

NICE Compliance Center

After a long RFP, NICE ticked all the boxes.
Anonymous | TrustRadius Reviewer

Return on Investment

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

NICE Compliance Center

  • with a high turn over of staff NICE Compliance Center allows for a great training tool, on what is good and what is not
Anonymous | TrustRadius Reviewer

Pricing Details

BWise

General

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

NICE Compliance Center

General

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

Rating Summary

Likelihood to Recommend

BWise
8.1
NICE Compliance Center
7.0

Likelihood to Renew

BWise
9.0
NICE Compliance Center

Usability

BWise
9.0
NICE Compliance Center

Support Rating

BWise
9.0
NICE Compliance Center

Implementation Rating

BWise
8.0
NICE Compliance Center

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