Suppose a compliance platform is priced at $12,000 per year. Does that sound expensive?
The answer will depend on the product it is replacing.
If you invest $12,000 to eliminate hundreds of hours collecting evidence in a complex technological environment that could be worth investing. If a company of seven could collect the same information in the space of a few hours every month, the calculation differs.
It’s an effective method to begin the look for Vanta. Identifying the platform with the most advanced features isn’t the first step. Find out what features allow your company to save time and money.
Automated Manufacturing Has an Break-Even Point
It’s not necessarily either good or bad. Its value changes with scale. Imagine a rapidly growing tech company with hundreds of employees, numerous cloud environments, a variety of applications, and constant access changes. Manually collecting evidence could become a serious operational burden. Integrations that automatically monitor systems and record evidence easily justify the expense.
Now think about a 10-person company getting ready for its first SOC 2. Imagine a startup with 10 employees working on its first SOC 2.
Vanta pricing is based on this difference. The capabilities of a sophisticated platform are amazing, but they can only be of value when a company requires them.
Compare Architecture and not just Brands
A search for Vanta vs Drata can quickly become a feature-by-feature exercise. Both are reputable systems for compliance built around automation and integrations. Hence, comparing their supported frameworks including integrations, service contracts, and individual quotes can be useful for organizations seeking that approach.
However, there’s another choice you’ll need to make. Do you think your business is ready for an integration-driven compliance system at all? Certain companies want automated evidence collection and continuous monitoring. Some businesses prefer to collect evidence on their own.
Vanta Competitors don’t all follow the same model
Many well-known Vanta rivals compete in a market with a similar focus on automation. There are also platforms with a lighter design that focus more on organization rather as opposed to connectivity.
CertAssist belongs to the latter group. Created by compliance experts and internal auditors, CertAssist organizes framework controls in a central work area, gives editable policies as well as evidence-based guidance. It also permits auditors to look over evidence with restricted access.
It deliberately does not connect to operating systems, nor install infrastructure agents. Customers choose and upload the documents they would like to provide.
It is important to consider the system’s access.
The elimination of integrations comes with its disadvantages: someone must manually collect evidence.
It also eliminates integration setup and this means that the compliance application does not require constant connections to the organization’s operational environment.
Both of these architectures are equally great. Which choice is best for your business?
CertAssist aims at teams of five to 200 employees and offers pricing information rather than having to have a sales conversation. The launch price is $225 a month, which compares to the regular price of $375 a month.
Let Complexity earn its place
What is required of a startup that has 10 employees aren’t necessarily similar to the needs of companies with 100 or 500 workers.
While compliance is straightforward, a lightweight platform may be a good idea. As employees, systems, frameworks, and requirements for evidence multiply, the economics can eventually favor deeper automation. It’s better to let the complexity of technology for compliance to earn its place.
Do not pay for fifty different integrations simply because they seem impressive on the chart of comparison. They should be paid for only when you realize that the cost of the task they replace manually is higher.