Should Your Compliance Tool Cost More Than Your Independent Audit?

Let’s say the cost of a compliance program is $12,000 per annum. Does it cost a lot?

The answer is dependent on what it is replacing.

If you invest $12,000 to cut down on hundreds of hours of repetitive evidence gathering in a complex technological environment It could be well invested. The calculation would be different in the event that a small group of individuals could gather similar evidence in only a few minutes each month.

It’s a great way to start the search for Vanta. Don’t begin with asking which platform offers the most features. Ask your company how these features will save you time and money.

Automation Can be a Break-Even Economic Point

The automation of compliance isn’t always either good or negative. Scale changes its value. Imagine a company growing in technology that has hundreds of employees numerous cloud environments, multiple applications, and regular access modifications. Continuously gathering evidence manually could be a huge operational burden. Integrations that automate monitoring systems and gather evidence are able to justify the cost.

Imagine a startup with 10 employees working on their first SOC 2. Consider a startup with 10 employees preparing for its first SOC 2.

That difference matters when evaluating Vanta pricing. Although an advanced platform might have a lot of features, they are only valuable only when an organization is required by the company.

Compare Architecture with Brands, not just Brands

Vanta vs Drata is a debate that is a simple feature-by-feature test. Both are established solutions for compliance based on automation and integrations. Hence, comparing their supported frameworks and integrations, services, agreements, and individual quotes could prove useful to companies searching for that method.

You’ll need to decide on something else first. Does your business want an integration-driven platform for compliance in any way? Certain businesses want constant monitoring as well as automated evidence collection. Some companies prefer to provide their own evidence, particularly when workload is modest.

Vanta Competitors Don’t All Use the same model

Many well-known Vanta competitors compete in a similar automation-focused category. The market also has more lightweight platforms that focus on organizing rather than extensive system connectivity.

CertAssist is part of this group. The product was created by compliance consultants as well as internal auditors, CertAssist organizes framework controls in a central work area, gives editable policies as well as evidence-based guidance. It also allows auditors to review evidence submitted by gaining the use of read-only access.

It is not able to connect to operational systems, nor does it create infrastructure agents. Customers are able to upload any evidence they’ve chosen.

The System Access consideration in the Making

Removing integrations has an obvious disadvantage: one must collect evidence manually.

The compliance application does not require integration and can be used with no permanent connections to the operational environment.

Both are equally effective. It is important to ask what tradeoffs are appropriate for your business.

CertAssist aims at teams that comprise between five and 200 people and offers pricing information rather than having to have an actual sales call. The price for its launch is $225 per month which is compared to a standard price of $375 per month.

Let Complexity Have Its Place

The requirements of a 10 person startup today won’t necessarily be its needs at 100 or 500 employees.

A light platform may make sense while compliance remains simple. As the amount of employees, systems, frameworks and evidence requirements increase, the economy could ultimately favor more automation. That’s a healthier way to buy compliance software: let complexity earn its place.

Paying for fifty integrations just because they look impressive in a table of comparisons is not a good idea. You should purchase them only when they are necessary and the cost for doing the task they replace manually is more expensive.

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