Enablon vs TrustLayer

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Our analysts compared Enablon vs TrustLayer based on data from our 400+ point analysis of Risk Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Enablon Software Tool

Product Basics

The Enablon platform helps organizations manage critical operational risk and compliance, security, engineering operations, environmental health safety, quality and sustainability. Users can track global and local regulatory requirements, internal policies and procedures, and manage any audits or claims with reporting and analytics. It standardizes enterprise risk detection and response methodologies with a consistent and automated assessment of KRIs and KPIs. Its interactive dashboard eliminates information silos and allows users to keep track of risks, audits and regulatory compliance under one roof.

Provides secure centralization of all document workflow processes with internal controls to track changes, increase data visualizations and limit user access across various levels. Its multi-device interface allows users to manage threats and audits globally. Automated notifications keep organizations informed of upcoming regulatory, compliance and licensing issues. Compliant with the ISO 31000 Risk Management guidelines.
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TrustLayer is a sophisticated software solution designed to streamline and enhance risk management processes. It automates the verification of insurance, licenses, and compliance documents, making it particularly beneficial for businesses that manage numerous vendors, contractors, or partners. The platform is ideal for industries such as construction, real estate, and finance, where managing risk and compliance is critical.

Key benefits of TrustLayer include reducing administrative burdens, minimizing human error, and ensuring continuous compliance. Popular features encompass automated certificate of insurance (COI) tracking, real-time verification, and seamless integration with existing systems. Users appreciate its intuitive interface and robust reporting capabilities, which provide actionable insights into risk exposure.

Compared to similar products, TrustLayer stands out for its user-friendly design and comprehensive automation features, which significantly cut down on manual tasks. Pricing details are not readily available, so it is recommended to contact SelectHub for a tailored quote based on specific needs.

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Product Insights

  • Increased Efficiency: Enhance operational excellence by monitoring machine data from connected assets in real time. 
  • Predict Risks: Use machine learning and AI to identify potential threats and risk incidents. Access geo-localized real-time alerts and corrective action plans for recorded risks. 
  • Maintain Operational Integrity: Automatically identify and track applicable regulatory requirements across all locations, departments and business units. 
  • Improved Collaboration: Streamline collaborative efforts across multiple departments by centrally storing all risk information, reviews and controls. 
  • Mobile Access: Provide self-service channels to the workforce for faster and simpler reporting of incidents, near misses, inspections, hazard observations and audits. 
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  • Enhanced Compliance: TrustLayer automates the verification of insurance certificates, ensuring that all vendors and contractors meet compliance requirements without manual intervention.
  • Risk Reduction: By continuously monitoring and validating insurance coverage, TrustLayer helps mitigate potential risks associated with uninsured or underinsured parties.
  • Time Savings: The platform streamlines the process of collecting and verifying insurance documents, freeing up valuable time for risk management teams to focus on more strategic tasks.
  • Improved Accuracy: Automated data entry and validation reduce the likelihood of human errors, ensuring that all information is accurate and up-to-date.
  • Centralized Documentation: TrustLayer provides a single repository for all insurance documents, making it easy to access and manage records from one centralized location.
  • Real-Time Updates: The software offers real-time updates on the status of insurance certificates, allowing for immediate action if a policy lapses or is insufficient.
  • Enhanced Collaboration: TrustLayer facilitates better communication and collaboration between risk management teams, vendors, and contractors through its integrated platform.
  • Cost Efficiency: By reducing the need for manual processes and minimizing the risk of non-compliance penalties, TrustLayer can lead to significant cost savings for organizations.
  • Scalability: The platform is designed to grow with your business, easily handling an increasing number of vendors and insurance certificates as your operations expand.
  • Data Security: TrustLayer employs robust security measures to protect sensitive information, ensuring that all data is stored and transmitted securely.
  • Customizable Workflows: The software allows for the creation of tailored workflows that align with your organization's specific risk management processes and requirements.
  • Audit Readiness: With all documentation and verification processes logged and easily accessible, TrustLayer simplifies the preparation for audits and regulatory reviews.
  • Vendor Accountability: The platform holds vendors accountable by providing clear visibility into their compliance status, encouraging them to maintain proper insurance coverage.
  • Integration Capabilities: TrustLayer can seamlessly integrate with existing enterprise systems, enhancing overall operational efficiency without disrupting current workflows.
  • Proactive Risk Management: By identifying potential issues before they become problems, TrustLayer enables a more proactive approach to managing risk.
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  • Risk Management: Proactively identify, assess and eliminate risks across all business processes. Streamline operations and anticipate potential disruptions to stay ahead of the curve. 
    • Consistent Protection: Establish standard risk assessment and evaluation procedures. Implement standard risk form templates for risk registers across all systems. 
    • Risk Assessment: Perform top-down and bottom-up risk identification procedures. Implement bow-tie analysis to get contextual risk information and risk definitions. 
    • Key Risk Indicators (KRI): Establish KRIs and tie them with associated risks in the risk register. Monitor key performance indicators and set up risk thresholds. 
    • Compliance: Comply with risk management frameworks and regulations, including ISO 31000 and COSO. 
    • Risk Tracking: Automatically track the status of operational risks. Risk owners can take periodic screenshots of active threats to trace their progression. 
    • Workflows: Perform risk assessments with custom workflows. Risk owners can define role-based validation requirements. 
  • Incident Management: Track every step of the incident lifecycle with integrated reporting, investigation and remediation modules. Integrate with the TapRooT system to get AI-enabled insights on incident investigations, root causes and potential impact on business processes. Report incidents on the go with the mobile-ready Enablon Go Safety application. Confirm compliance with environment, health and safety regulations such as ISO 45001, OSHA, EPA, RIDDOR, WCB and more. 
  • Control and Assurance: Leverage standardized policies, procedures, workflows and robust internal controls to guarantee the efficacy, sustainability and quality of administrative operations. Allow control owners and auditors to test internal controls before deployment via simulations. Use the dashboard to centralize information, set up notifications and track control status. 
  • Insurance and Claims Management: Centrally manage policies, claims and control costs to maximize cost-saving opportunities. Connect insurance coverages and costs to insured assets and risks. Run reports on key performance indicators (KPIs) and TCOIR (Total Cost of Insurable Risk) to anticipate insurance budget and effectiveness. Eliminate data duplication and redundancies. 
  • Business Continuity: Create a recovery plan optimized for business continuity. Maintain a detailed inventory of critical assets and essential processes. Test crisis scenarios via simulations and adapt them to local circumstances. Automate workflows, task assignments and documentation during a crisis. Simplify communication with a single channel for crisis scenarios. 
  • Governance and Compliance Management: Integrate the organization’s objectives with compliance requirements. Minimize business disruptions, predict risk events and guarantee corporate reputation with best practice governance frameworks. 
    • Audit Management: Establish a company-wide audit language with pre-configured, out-of-the-box templates. Access complete audit history to streamline control recommendation and implementation. Auto-populated templates function even when offline. 
    • Compliance Management: Centralize all information regarding permits, company policies, certificates and regulations for a streamlined compliance management experience. Get a holistic view of compliance posture with reporting dashboards, standardized templates, notifications, heat maps and progress reports. 
    • Inspection: Simplify the inspection process with automated workflows, standardized documentation and risk identification processes, Leverage purpose-built desktop and mobile applications to increase inspector productivity. 
    • Document Management: Centrally store the organization’s risk-related documentation. Manage the document life cycle with automated processes, including creation, edit, review, approval and archiving. Track document history and ensure compliance with ISO standards. 
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  • Automated Certificate Collection: Streamlines the process of collecting insurance certificates from vendors, reducing manual effort and errors.
  • Real-Time Verification: Ensures that insurance certificates are valid and up-to-date by verifying them in real-time against insurance carrier databases.
  • Customizable Compliance Rules: Allows users to set specific compliance requirements tailored to their business needs, ensuring that all vendors meet the necessary standards.
  • Integration with Existing Systems: Seamlessly integrates with popular ERP, CRM, and procurement systems, enhancing workflow efficiency without disrupting existing processes.
  • Risk Scoring: Provides a comprehensive risk score for each vendor based on their insurance coverage and compliance status, aiding in informed decision-making.
  • Document Management: Centralizes storage of all compliance documents, making it easy to access and manage them from a single platform.
  • Automated Reminders: Sends automated notifications to vendors and internal teams about upcoming certificate expirations, ensuring continuous compliance.
  • Audit Trail: Maintains a detailed log of all actions taken within the platform, providing transparency and accountability for compliance activities.
  • Custom Reporting: Generates detailed reports on compliance status, risk levels, and other key metrics, helping businesses stay informed and proactive.
  • User-Friendly Interface: Features an intuitive and easy-to-navigate interface, making it accessible for users of all technical skill levels.
  • Secure Data Handling: Employs robust security measures to protect sensitive information, ensuring compliance with data protection regulations.
  • Vendor Portal: Provides a dedicated portal for vendors to upload and manage their compliance documents, streamlining communication and collaboration.
  • Scalability: Designed to accommodate businesses of all sizes, from small enterprises to large corporations, with scalable features and pricing plans.
  • API Access: Offers API access for custom integrations and advanced functionality, allowing businesses to tailor the platform to their specific needs.
  • Training and Support: Includes comprehensive training resources and responsive customer support to ensure users can effectively utilize the platform.
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Product Ranking

#51

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Risk Management Software

#56

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Risk Management Software

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User Sentiment Summary

Great User Sentiment 22 reviews
Excellent User Sentiment 4 reviews
81%
of users recommend this product

Enablon has a 'great' User Satisfaction Rating of 81% when considering 22 user reviews from 4 recognized software review sites.

100%
of users recommend this product

TrustLayer has a 'excellent' User Satisfaction Rating of 100% when considering 4 user reviews from 2 recognized software review sites.

4.2 (6)
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4.0 (10)
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5.0 (2)
5.0 (1)
5.0 (2)
3.8 (5)
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Awards

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TrustLayer stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

Tailored Solutions: Enablon can be customized to align with your company's specific risk management requirements.
Ease of Use: Many users praise Enablon's intuitive interface, making it straightforward to navigate and utilize.
Seamless Integration: Enablon is designed to integrate with your existing systems, including legacy software, for a unified approach.
Enhanced Efficiency: By transitioning from manual, paper-based processes, Enablon can save your business time and resources.
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Automated Compliance: TrustLayer automates the process of collecting, tracking, and verifying insurance documents, reducing the risk of manual errors and ensuring compliance.
Time Savings: By automating previously manual tasks, TrustLayer frees up valuable time for risk managers to focus on more strategic initiatives.
Improved Visibility: The platform provides a centralized hub for managing certificates of insurance, making it easy to track compliance status and identify potential risks.
User-Friendly Interface: TrustLayer is designed with a simple and intuitive interface, making it easy for users to adapt to the platform and navigate its features.
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Reporting Features: While Enablon is generally well-regarded, some users have indicated that its reporting features could be improved for better usability and functionality.
System Integration: Integrating Enablon with existing systems can pose challenges for some companies, especially those utilizing numerous applications and software platforms.
Internet Dependency: As a cloud-based solution, Enablon's functionality is contingent on a stable internet connection and the reliability of its servers and technologies, which could be a drawback for companies with unreliable internet access.
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Limited Customization: While TrustLayer is a powerful platform, it lacks some customization options, making it difficult for some businesses to tailor the software to their specific needs.
Integration Issues: Some users have reported difficulties integrating TrustLayer with their existing systems, which could pose problems for businesses that rely on multiple software solutions.
Organizational Compliance Feature: A user expressed a desire to be able to turn off the organizational compliance feature, finding it unnecessary for their needs.
Managing Numerous Organizations: A user managing dozens of organizations found it tedious to make changes at the individual organization level, suggesting a need for a master-level management feature.
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How do users describe Enablon, and is it truly enabling businesses to effectively manage risk? User reviews from the last year reveal a mixed bag. Enablon shines in its comprehensive features, particularly for large enterprises grappling with compliance, incident management, and risk assessment. Users rave about its ability to streamline workflows, seamlessly transitioning from archaic paper-based systems to efficient electronic ones, and effortlessly integrating legacy applications. The intuitive and user-friendly interface garners praise, enhancing the overall user experience. For instance, one user lauded Enablon's intuitive design, highlighting its ease of use for setting reminders about expiring permits. This feature proves particularly valuable in heavily regulated industries where permit renewals are critical for maintaining operations. However, Enablon's reporting features have room for improvement, with users expressing a desire for more advanced functionalities. Despite this drawback, the platform's robustness, flexibility, and ability to handle complex risk management tasks effectively are highly commended. A case in point is Boeing's Transport Compliance team, which experienced a smoother workflow after integrating their legacy applications into Enablon. This seamless transition underscores Enablon's capacity to adapt to existing systems, a crucial factor for large organizations with established IT infrastructures. In conclusion, Enablon emerges as a solid choice for organizations, particularly large enterprises, seeking to bolster their risk management and compliance processes. Its strengths lie in its comprehensive features, user-friendly interface, and ability to streamline complex workflows. However, potential users should be mindful of its limitations in reporting capabilities. Overall, Enablon proves to be a valuable tool for organizations ready to level up their risk management game, even with areas for improvement.

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TrustLayer emerges as a highly regarded risk management tool, receiving overwhelmingly positive feedback from users, particularly those in mid-market companies. Customers rave about its intuitive platform, making insurance verification a breeze. A recurring theme in user reviews is the "user-friendliness" of the platform, with one user even claiming they "picked up how to use it in about an hour." Users particularly appreciate the automation features that streamline compliance tracking, freeing up valuable time and minimizing errors, which is essential for maintaining accurate records and mitigating potential risks. However, some users expressed that the initial setup could be smoother and wished for faster customer support responses. Overall, TrustLayer proves to be a perfect fit for organizations, particularly those in construction and those with 51-1000 employees, aiming to simplify their risk management processes and enhance their compliance procedures.

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