Make risk and compliance available at everyone’s fingertips
January 16, 2023

Make risk and compliance available at everyone’s fingertips

Pranav Sharma | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Software Version

IRM Professional

Overall Satisfaction with ServiceNow Governance, Risk, and Compliance

We leveraged the ServiceNow Governance, Risk, and Compliance to monitor, manage, and act on different risks in real time, create policies and procedures to ensure compliance and for performance and audit management. The tool helped us getting and renewing the existing certifications including SOX, ISO 27001, HIPAA, PCIDSS etc.
  • Monitor, manage, and act on different risks in real time.
  • Making decisions aligned to business objectives and goals
  • Audit and Performance Management
  • Data and recommendations on legal compliance can be more granular
  • Regulatory compliance processes can improve
  • Cost is on the higher side
  • Integrated risk management
  • Business processes
  • Audit Management
  • Improved Risk Management
  • Controlled costs (annual savings of ~5 million USD)
  • Increase in Audit compliance
ServiceNow Governance, Risk, and Compliance is a combination of operational excellence and user friendly interface. It offers the best feature-set and value as compared to its peers.

Do you think ServiceNow Governance, Risk, and Compliance delivers good value for the price?

Yes

Are you happy with ServiceNow Governance, Risk, and Compliance's feature set?

Yes

Did ServiceNow Governance, Risk, and Compliance live up to sales and marketing promises?

Yes

Did implementation of ServiceNow Governance, Risk, and Compliance go as expected?

Yes

Would you buy ServiceNow Governance, Risk, and Compliance again?

Yes

ServiceNow Governance, Risk, and Compliance is mostly suited for all the requirements related to Governance, audit and performance management. However, need some fine tuning for ensuring regulatory and legal compliance. Also, for open source components, we are using this for ensuring the SAST and SCA compliance for identifying and mitigating security, licensing and operational risks.

ServiceNow Governance, Risk, and Compliance Feature Ratings

Common repository of GRC items
7
Risk management
9
Integration with Corporate Performance Management (CPM) systems
8
GRC policy management
9
Incident management
10