Suppose a compliance platform cost $12,000 annually. Does it cost a lot?
The answer will depend on the product it is replacing.
If $12,000 is used to cut down on hundreds of hours in the repetitive gathering of evidence across a complex technological environment It could be well invested. If a small business with seven employees could manually gather the same proof in a couple of hours every month, the result is quite different.
It’s a smart way to start your look for Vanta. Start by asking what platform comes with the most features. Consider what these features can bring your company savings in time and energy.
Automation is an economic break-even Point
The automation of compliance isn’t always either good or negative. The value of compliance automation changes as the company grows. Imagine a company in the field of technology that is growing, with numerous cloud environments, many applications, and regular changes in access. The strain of manually gathering evidence constantly could be extremely heavy. Integrations that monitor systems automatically and gather evidence can easily justify the expense.
Imagine a small-scale business of 10 people getting ready to go through its first SOC 2 audit. Think about a startup that has 10 employees preparing for its first SOC 2.
This distinction is crucial in evaluating the pricing offered by Vanta. A sophisticated platform can provide vast capabilities, but these capabilities deliver financial value only when an organization actually requires the capabilities.
Compare Architecture not just Brands
A search for Vanta vs Drata can quickly become a feature-by-feature exercise. The two platforms are built upon automation and are integrated and therefore, companies seeking this type of approach will benefit from having a look at the frameworks available by their integrations, as well as the service, as well as individual quotations and contracts.
There’s yet another one that you must make. Do you want to use an integration-driven platform for compliance or not? Some businesses want automated evidence collection, as well as constant monitoring. Others would rather provide evidence themselves, especially when the work load is not too heavy.
Vanta Competitors Do Not All Use the same model
A number of well-known Vanta rivals compete in a category with a similar focus on automation. On the market, there are platforms with a lighter design that are more focused on system organization than connectivity.
CertAssist is a part of the latter group. CertAssist was designed by internal auditors and compliance consultants. It organizes framework controls into a central workspace. It also offers editable guidelines on policies as well as evidence. Auditors can review the evidence through a restricted interface.
It intentionally doesn’t connect to operating systems or create infrastructure agents. Customers select and upload the evidence they want to present.
Consideration of System Access in the Making
It is evident that the removal of integrations could have disadvantages. One must gather evidence manually.
It also gets rid of integration setup and means the compliance application doesn’t require standing connections to the operational environment.
Both architectures aren’t universally superior. It is essential to consider what tradeoffs are appropriate to your business.
CertAssist will target teams of between five and 200 participants. The pricing of the service is announced instead of requiring an initial sales call to determine the initial cost. The advertised price of launch for CertAssist per month is $225, as opposed to an average of $375.
Let Complexity Take Its Rightful Place
The needs of a 10-person company today may not be the same for a company with 100 or 500 employees.
Although compliance is easy, a lightweight platform may make sense. As the number of employees, systems frameworks, evidence and demands increase, the economics could ultimately favor more automation. Better to let the complex technology of compliance earn its place.
Don’t buy fifty different integrations because they appear impressive on the comparison chart. They’re worth the cost when doing the tasks they automate is more expensive than doing them manually.