Let’s say that a compliance platform is worth $12,000 per year. Does that sound expensive?
It’s dependent on the part you’re replacing.
If automating the collection of evidence in a complicated technology system eliminates hundreds of hours of repetitive work, then $12,000 is a wise investment. If a company of seven could have the same proof manually in a few minutes every month, the total is quite different.
It’s an effective way to start the look for Vanta. Don’t start by asking which platform offers the most features. Determine how much time and effort those tools can help save your company.
Automation Has an Economic Break-Even Factor
It’s not inherently either good or bad. Scale affects its value. Imagine a company that is growing with multiple cloud environments as well as many applications. The task of collecting evidence on a regular basis could be very difficult. Integrations that automatically monitor systems and collect evidence can justly justify the expense.
Imagine a business with 10 people getting ready to go through the first SOC 2 audit. Imagine a startup having 10 employees preparing for its first SOC 2.
This distinction is crucial in evaluating the pricing offered by Vanta. A well-designed platform may offer significant capabilities, however those capabilities will only be of value when an organization actually requires the capabilities.
Compare Architecture and Not Just Brands
A search for Vanta vs Drata can quickly become a feature-by-feature exercise. Both platforms are built upon automation and are integrated, so organizations looking for this kind of solution can benefit by comparison of the frameworks that are supported by their integrations, as well as the service, as well as individual quotes and contracts.
There’s another choice to make before that. Do you need a compliance platform that integrates? Some companies prefer continuous monitoring and automated evidence collection and automated evidence collection. Others would rather provide evidence on their own, especially if the amount of work remains minimal.
Vanta Competitors Do not all follow the Same Model
A number of famous Vanta competitors compete within the same category of automation. On the market, there are platforms that have a more minimalist design that are more focused on the system’s organization, rather instead of connectivity.
CertAssist is a member of the second category. CertAssist was designed by internal auditors and compliance specialists. It organizes controls for frameworks into a single work space and offers editable guidelines on policies and evidence. Auditors have the ability to examine documents submitted using a read-only interface.
It does not connect to operating systems or create infrastructure agents. Customers decide to upload the documents they would like to present.
Consideration should be given to the system’s access.
The elimination of integrations is not without its limitations: one must be able to manually collect evidence.
The compliance software does not require any integration and can be used with no connection to the operating environment.
Both architectures aren’t universally superior. It is essential to inquire which tradeoffs make sense to your business.
CertAssist aims at teams that have between five and 200 employees and gives pricing information, rather than having to have an in-person sales meeting. Its advertised launch price is $225 per month, which is compared to a standard price of $375 monthly.
Let Complexity earn its place
The needs of a 10-person start-up today might not necessarily match the same for a company with 100 or 500 employees.
A lightweight platform can make sense if compliance remains straightforward. When systems, employees frameworks, and requirements for evidence increase, the financials could eventually favor deeper automation. It’s better to let complexity of compliance technology earn its place.
Paying for fifty integrations just because they look great in a comparison table isn’t worth the cost. They should be paid for only if the cost to do the work manually is higher.