What users are saying about
6 Ratings
This review does not include a rating.
6 Ratings
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Score 7.5 out of 100
This review does not include a rating.

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

Xacta IA Manager

No answers on this topic

Feature Rating Comparison

Governance, Risk & Compliance

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

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

Xacta IA Manager

No answers on this topic

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

Xacta IA Manager

No answers on this topic

Likelihood to Renew

BWise

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

Xacta IA Manager

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

Xacta IA Manager

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

Xacta IA Manager

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

Xacta IA Manager

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

Xacta IA Manager

No answers on this topic

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

Xacta IA Manager

No answers on this topic

Pricing Details

BWise

General

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

Xacta IA Manager

General

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

Rating Summary

Likelihood to Recommend

BWise
8.1
Xacta IA Manager

Likelihood to Renew

BWise
9.0
Xacta IA Manager

Usability

BWise
9.0
Xacta IA Manager

Support Rating

BWise
9.0
Xacta IA Manager

Implementation Rating

BWise
8.0
Xacta IA Manager

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