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Veriforce vs SAI360

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Our analysts compared Veriforce vs SAI360 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.

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Veriforce Software Tool
SAI360 Software Tool
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Product Basics

Analyst Rating

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Detailed Analysis

User Sentiment

Poor User Sentiment (3 Reviews)

Analyst Rating

90 Detailed Analysis

User Sentiment

we're gathering data
( Reviews)

Veriforce offers a comprehensive software solution designed to streamline risk management tasks, making it particularly beneficial for industries with stringent safety and compliance requirements. The platform excels in managing contractor safety, compliance, and workforce training, ensuring that all regulatory standards are met efficiently. Companies in sectors such as oil and gas, utilities, and construction find Veriforce especially useful due to its robust features tailored to their specific needs.

Key benefits of using Veriforce include enhanced visibility into compliance status, reduced administrative burden, and improved safety outcomes. Popular features include real-time tracking of compliance metrics, automated alerts for non-compliance issues, and detailed reporting capabilities. Users appreciate the intuitive interface and the ability to customize the platform to fit their unique operational requirements.

In terms of pricing, Veriforce typically operates on a subscription model, with costs varying based on the number of users and the specific features required. This flexible pricing structure allows businesses of different sizes to find a suitable plan. Compared to similar products, Veriforce is often praised for its user-friendly design and comprehensive support, making it a preferred choice for many organizations focused on rigorous risk management.

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SAI360 is a cloud-based risk and compliance management platform that detects, prevents and responds to threats in real time. Automate all risk procedures with configurable workflows and set up business continuity plans in case of disasters or crises. It helps eliminate information silos and get complete visibility into the organization’s risk status. Maintain comprehensive documentation regarding remediation strategies and centrally store all procedural data in a secure database.

It lets businesses continuously track the status of regulations and frameworks and control processes with built-in reports. Streamline the management of workplace incidents and verify the suitability of third-party vendors. Secure the company on all fronts with a 360-degree view of internal and external risks.
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Product Insights

  • Enhanced Compliance: Veriforce ensures adherence to industry regulations by automating compliance tracking and reporting, reducing the risk of non-compliance penalties.
  • Improved Safety: By centralizing safety protocols and training records, Veriforce helps organizations maintain a safer work environment, minimizing workplace incidents.
  • Streamlined Contractor Management: The software simplifies the vetting and monitoring of contractors, ensuring that only qualified and compliant contractors are engaged.
  • Efficient Risk Mitigation: Veriforce provides tools to identify, assess, and mitigate risks proactively, helping to prevent potential issues before they escalate.
  • Data-Driven Decision Making: With comprehensive analytics and reporting features, Veriforce enables informed decision-making based on real-time data insights.
  • Cost Savings: By reducing the administrative burden and improving operational efficiency, Veriforce helps organizations save on compliance and risk management costs.
  • Centralized Documentation: The platform offers a single repository for all compliance and safety documents, making it easy to access and manage critical information.
  • Customizable Workflows: Veriforce allows organizations to tailor workflows to their specific needs, enhancing operational flexibility and efficiency.
  • Enhanced Accountability: The software tracks and logs all actions, ensuring transparency and accountability across the organization.
  • Scalability: Veriforce can scale with the growth of your organization, accommodating increasing numbers of contractors and compliance requirements without compromising performance.
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  • Focus On Sustainability: Build a safe and sustainable business model with access to innovative and best practice modules. 
  • Minimum Time to Market: Minimize time spent on implementation with pre-configured settings and purpose-built templates. 
  • Risk Awareness: Create a culture of compliance and awareness with a unified management system and real-time risk tracking. 
  • Make Ethical Choices: Maintain integrity in the workplace with multilingual training resources on ethical decision-making. 
  • Future-Proof Operations: Increase resilience with pre-configured business continuity plans covering a range of disasters and disruptions. 
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  • Compliance Management: Streamlines the process of tracking and managing regulatory compliance requirements across various jurisdictions.
  • Contractor Management: Facilitates the onboarding, qualification, and monitoring of contractors to ensure they meet safety and compliance standards.
  • Incident Management: Provides tools for reporting, tracking, and analyzing workplace incidents to improve safety protocols and reduce future risks.
  • Training and Certification Tracking: Keeps records of employee training and certifications, ensuring that all personnel are qualified for their roles.
  • Audit Management: Simplifies the scheduling, execution, and documentation of internal and external audits to ensure compliance and identify areas for improvement.
  • Document Management: Centralizes the storage and retrieval of critical documents, making it easier to maintain up-to-date records and ensure accessibility.
  • Risk Assessment Tools: Offers comprehensive tools for identifying, evaluating, and mitigating risks within the organization.
  • Performance Analytics: Provides detailed analytics and reporting capabilities to monitor key performance indicators and drive data-driven decision-making.
  • Mobile Accessibility: Ensures that users can access the platform and perform essential tasks from mobile devices, enhancing flexibility and responsiveness.
  • Customizable Dashboards: Allows users to create personalized dashboards to quickly access the most relevant information and metrics.
  • Integration Capabilities: Supports integration with other enterprise systems, such as ERP and HR software, to streamline data flow and improve operational efficiency.
  • Real-Time Notifications: Sends instant alerts and notifications to keep stakeholders informed of critical updates and changes.
  • User-Friendly Interface: Features an intuitive and easy-to-navigate interface, reducing the learning curve and enhancing user experience.
  • Regulatory Updates: Keeps users informed of the latest regulatory changes and updates, helping organizations stay compliant with evolving standards.
  • Custom Reporting: Enables the creation of tailored reports to meet specific business needs and regulatory requirements.
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  • Compliance Management: Use built-in workflows to automate tasks, notifications and communications. Continuously assess the organization’s compliance status and keep a centralized record of information. Run reports directly from a dashboard to remediate gaps and be audit-ready. 
    • Flexibility: Customize compliance forms and processes to meet requirements and secure information with personalized granular authorization levels. Allow external parties to perform audits in the Virtual Evidence Room. 
  • IT Risk: Get complete visibility into IT systems with external data feeds, incidents, risk assessments and vulnerability scanning tools. Set up automated workflows and track the entire process in real time, from threat detection to mitigation. 
    • IT Compliance: Automatically check IT compliance with requirements pre-mapped to common risk and control frameworks, including ITIL, ISO 27001, ISO 31000, COBIT and PCI. Train employees on cybersecurity, data protection, data privacy and information security regulations. 
    • Policies: Store all policies in a centralized policy library with custom fields and search capabilities. Automatically review policies from time to time to identify expired and ineffective policies. 
  • Environment, Health, Safety & Sustainability: Track incidents, accidents, inspections, audits and hazards with various data-capture tools such as geo-location tracking, text-to-speech and photo attachments. Search for information with document search and get automated notifications on important events. 
    • EHS&S Services: Provide the best environment, health, safety and sustainability services with 20+ purpose-built modules. Customize existing programs, automatically assign tasks, and generate notifications, escalations and reminders. 
    • Insights: Generate accurate reports on the company’s performance metrics, including data visualizations, lagging indicators, trend spotting and more. 
  • Operational Risk: Leverage dynamic risk indicators to continuously monitor risks. Store risk data and action plans in a risk register. Prepare trigger-based workflows and risk consolidation techniques to accurately assess and treat enterprise and operational risks. 
    • Reporting: Create custom reports and dashboards to track risk meetings, risk dimensions, and impact and likelihood scales. Measure risk against global frameworks like COSO, COBIT and ISO.  
  • Audit Management: Securely access and edit all audit information from a centralized database. Manage audit procedures with automated workflows and a transparent audit trail. Customize built-in audit templates to create work papers. 
    • Coverage: Identify risk-prone areas with risk-based scoping capabilities and distribute audit resources based on vulnerability levels. Streamline audit planning and train employees on audit regulations and industry best practices. 
    • Insights: Analyze exported data for greater insights into the organization’s audit status. One-click reports allow appropriate personnel to approve, review and track audit progress in real time. 
  • Business Continuity: Prepare and execute business continuity plans in a crisis or disaster. Automatically assign tasks to relevant personnel and track plan progress. Eliminate information silos by creating a hierarchical map connecting critical processes and assets to internal controls. Establish a common risk language across the organization. 
    • Reports: Run reports with customizable fields, forms and authorizations. Collect information with intuitive forms and improve efficiency with workflows. 
  • Data Privacy: Keep a record of data privacy regulations and personal and vendor data in a centralized database. Prepare workflows to manage data requests, policies and response measures. 
    • Documentation and Reporting: Automatically create records of data breaches and respond quickly with incident response workflows. Maintain breach data audit trails for complete transparency and run built-in reports for additional insights. 
  • Third-Party Risk: Designate a single source of truth for vendor records, including risk profiles, scoring data, assets, geographical location and more. Access pre-mapped control frameworks and regulations to identify high-priority vendors. Provides configurable forms and questionnaires to assign risk profiles to vendors. Screen all associated third parties for exposure to financial, cyber and operational risks through WorldCheck, Argos Risk and SecurityScorecard. 
    • Contract Management: Store and manage all third-party contracts from a central repository. Use automated workflows to review and approve vendor contracts and get reminders for important dates and tasks. 
  • Regulatory Change: Track regulatory requirements with access to structured regulatory content, evidentiary documentation and regular updates. Assign assessment tasks to relevant personnel and use the dashboard for a consolidated view of regulatory changes. 
  • Internal Control & SOX Compliance: Create policies and train employees on SOX compliance. Export 404 and 302 certifications with ease. 
  • Security: Provides 24/7 security to data centers located in ISO 27001 certified colocation centers. Data encryption and multi-tiered firewall protection protect consumer data both during transit and at rest. Prevent unauthorized access with Single Sign-On via SAML 2.0 or Shibboleth protocols and password protection using SHA 256 hashing algorithm. 
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Product Ranking

#14

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Risk Management Software

#71

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Risk Management Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Audit Management Business Continuity Management Compliance Incident Management Operational Risk Management And IT Security Platform Capabilities Policy Management Regulatory Management Reports And Dashboards Risk Management Vendor Risk Management 98 84 88 77 78 95 86 98 100 100 100 0 25 50 75 100
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User Sentiment Summary

Poor User Sentiment 3 reviews
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26%
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Veriforce has a 'poor' User Satisfaction Rating of 26% when considering 3 user reviews from 1 recognized software review sites.

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Awards

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SelectHub research analysts have evaluated SAI360 and concluded it earns best-in-class honors for Vendor Risk Management.

Vendor Risk Management Award

Synopsis of User Ratings and Reviews

Easy to Use: Users consistently praise Veriforce for its intuitive interface, making it easy to navigate and manage even complex risk assessments.
Comprehensive Risk Management: Veriforce offers a wide range of features, allowing users to track and manage various risks, from safety hazards to compliance issues, in a single platform.
Strong Reporting Capabilities: Users appreciate the detailed reports generated by Veriforce, providing valuable insights into risk trends and helping them make informed decisions.
Excellent Customer Support: Veriforce is known for its responsive and helpful customer support team, providing timely assistance and resolving issues efficiently.
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Centralized Risk Management: SAI360 provides a single platform for managing various risk types, including IT, operational, third-party, and compliance risks. This centralized approach helps organizations gain a comprehensive view of their risk landscape and streamline risk management processes.
Scalability and Flexibility: The platform is highly scalable and can accommodate the needs of organizations of all sizes. It also offers a high degree of flexibility, allowing users to customize the system to meet their specific requirements. This adaptability ensures that SAI360 can evolve alongside an organization's changing risk management needs.
Automation and Efficiency: SAI360 automates many manual risk management tasks, such as data collection, risk assessments, and reporting. This automation frees up valuable time for risk management teams, allowing them to focus on more strategic initiatives. Moreover, it reduces the likelihood of errors and inconsistencies, leading to more accurate risk assessments and more effective risk mitigation strategies.
Advanced Analytics and Reporting: The platform provides robust analytics and reporting capabilities, enabling organizations to gain insights into their risk data and make data-driven decisions. Users can generate custom reports, dashboards, and visualizations to track key risk indicators, identify trends, and monitor the effectiveness of risk mitigation efforts.
Compliance Management: SAI360 helps organizations comply with relevant regulations and industry standards. The platform includes pre-built content libraries and templates for various regulations, such as GDPR, HIPAA, and ISO 27001. This feature simplifies compliance management and reduces the risk of non-compliance penalties.
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Limited Customization: Some users have reported difficulty tailoring the platform to their specific risk management needs, finding it inflexible and lacking in customization options. For example, they may not be able to create custom reports or dashboards that align with their unique risk profiles.
Steep Learning Curve: The platform's interface can be complex and challenging to navigate, requiring significant time and effort to master. This can be particularly frustrating for users who are new to risk management software or who have limited technical expertise.
Lack of Mobile Optimization: The platform's mobile app is not as robust or user-friendly as its desktop version, making it difficult to manage risks on the go. This can be a significant drawback for organizations that require their risk managers to be able to access and update information from anywhere.
Integration Challenges: Integrating Veriforce with other systems can be a complex and time-consuming process, leading to potential data inconsistencies and workflow disruptions. This can be a major obstacle for organizations that rely on a variety of software applications to manage their operations.
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Steep Learning Curve: SAI360 is known for its complexity, especially for users without a strong background in GRC platforms. The interface can be overwhelming, and setting up workflows or generating reports often requires extensive training and experience.
Customization Challenges: While SAI360 offers customization options, implementing them can be difficult and time-consuming. Users often report needing assistance from SAI Global's professional services team, which can add to the overall cost and implementation time.
Performance Issues: Some users experience slow loading times and system lags, particularly when dealing with large amounts of data or complex reports. This can hinder productivity and user satisfaction.
Cost: SAI360 is a premium GRC solution, and its pricing reflects that. The cost can be a barrier for smaller organizations or those with limited budgets.
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Is Veriforce a force to be reckoned with in the world of risk management software, or is it a force for frustration? User reviews from the past year paint a bleak picture of Veriforce. The software is criticized for its poor customer service, which is described as "horrible" and "the worst ever." Users report difficulty getting in touch with customer support, with calls going unanswered and messages ignored for weeks. This lack of responsiveness is a major concern for businesses that rely on Veriforce to manage their supply chain risks, as it can lead to delays and disruptions in operations. While Veriforce offers a comprehensive suite of features, including contractor management, operator qualification programs, and safety monitoring, these features are overshadowed by the platform's unreliable customer support. Users who have experienced these issues are quick to point out that Veriforce falls short compared to similar products like ISN, Avetta, and TPS, which are known for their responsive customer service. Veriforce's lack of customer support is a significant drawback, as it can lead to frustration and dissatisfaction among users. Ultimately, Veriforce is best suited for businesses that are willing to tolerate poor customer service and are comfortable with the risk of delays and disruptions in their operations.

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SAI360, a risk management software platform, has received positive feedback for its user-friendly interface and comprehensive features. Users appreciate the ability to quickly gain insights into their current risk landscape, which is particularly valuable for executive management. The platform's risk register is considered more efficient than traditional spreadsheets, allowing for the collection and evaluation of risk and control data, loss event data, and audit findings. Additionally, SAI360 facilitates GDPR management and security management, further enhancing its value proposition. However, some users have noted that the initial setup and configuration of SAI360 can be time-consuming. Integrating the platform with existing systems may also require additional effort. Despite these challenges, users generally agree that the benefits of using SAI360 outweigh the drawbacks. The platform's ability to streamline risk management processes, improve decision-making, and enhance overall risk visibility makes it a valuable tool for organizations of all sizes. SAI360 is particularly well-suited for organizations with complex risk management needs, as it offers a wide range of features and customization options. Its scalability and flexibility make it adaptable to various industries and organizational structures. Furthermore, SAI360's focus on continuous improvement and its responsiveness to user feedback ensures that the platform remains relevant and effective in addressing evolving risk management challenges.

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Screenshots

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