Mitratech PolicyHub vs. Wolters Kluwer OneSumX

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Mitratech PolicyHub
Score 5.8 out of 10
N/A
Mitratech PolicyHub is a policy management solution designed to create, update, approve and communicate policies to automated knowledge assessments, audit and reporting.N/A
OneSumX
Score 9.0 out of 10
N/A
OneSumX, from Wolters Kluwer, is a product line providing compliance management, risk management, and financial crime control.N/A
Pricing
Mitratech PolicyHubWolters Kluwer OneSumX
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Mitratech PolicyHubOneSumX
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
Mitratech PolicyHubWolters Kluwer OneSumX
Top Pros
Top Cons
Features
Mitratech PolicyHubWolters Kluwer OneSumX
Governance, Risk & Compliance
Comparison of Governance, Risk & Compliance features of Product A and Product B
Mitratech PolicyHub
-
Ratings
Wolters Kluwer OneSumX
9.0
1 Ratings
Common repository of GRC items00 Ratings9.01 Ratings
Risk management00 Ratings10.01 Ratings
Integration with Corporate Performance Management (CPM) systems00 Ratings8.01 Ratings
GRC policy management00 Ratings9.01 Ratings
Incident management00 Ratings9.01 Ratings
User Ratings
Mitratech PolicyHubWolters Kluwer OneSumX
Likelihood to Recommend
5.6
(5 ratings)
9.0
(1 ratings)
Likelihood to Renew
6.2
(5 ratings)
-
(0 ratings)
Implementation Rating
6.1
(8 ratings)
-
(0 ratings)
User Testimonials
Mitratech PolicyHubWolters Kluwer OneSumX
Likelihood to Recommend
Mitratech
If you need a centralized location for policies and procedures, this system is great for the cost and effectiveness. While other systems had more bells and whistles, PolicyHub had everything one needs to maintain their P&Ps without costing a small fortune.
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Wolters Kluwer
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.
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Pros
Mitratech
  • Reminders of policies needing updating
  • Simple inbox for end-user
  • Online Access
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Wolters Kluwer
  • 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.
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Cons
Mitratech
  • Document retraction can be confusing. Document in the library will still show as published even though it has been retracted.
  • Reporting is lacking in some areas. We have had issues meeting compliance requirements for document review status dates.
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Wolters Kluwer
  • 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.
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Likelihood to Renew
Mitratech
It helps us do what we need it to do.
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Wolters Kluwer
No answers on this topic
Implementation Rating
Mitratech
There were a number of calls and fixes that had to take place. we have a number of patches in places and bugs that needed fixing. we identified issues as we went along and became the company trying to test the system with no real benefit to us.
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Wolters Kluwer
No answers on this topic
Alternatives Considered
Mitratech
We did not evaluate any other product.
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Wolters Kluwer
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.
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Return on Investment
Mitratech
  • It has enabled us to maintain a central database of P&P to ensure everyone is on the same page. We were completely paper/manual before so some things didn't get updated appropriately. This enables us to review and comply with requirements we have as a federally-qualified health center. It also makes it easier for us to pull policies when we need them.
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Wolters Kluwer
  • 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.
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