OneTrust Knowledge Governance Evaluation (2023): Options & Pricing

OneTrust is a novel cloud options supplier that focuses on privateness, compliance, sustainability and information governance. With hundreds of main small and huge corporations — together with Carrefour, Samsung, Oracle, Allianz and Akami — the OneTrust expertise platform connects information and processes so corporations can put belief on the middle of their operations and tradition.

On this report, we dive into OneTrust’s choices to know their options, strengths and cons and the way they will influence your enterprise.

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Pricing

OneTrust gives a variety of options and add-ons. For starters, there’s a 14-day free trial for the Privateness & Knowledge Governance, GRC & Safety Assurance, Ethics & Compliance and ESG options.

For these within the OneTrust Belief Intelligence Platform, OneTrust Belief Intelligence Cloud Options, OneTrust GRC and Safety Assurance Cloud, Massive Enterprise, or Particular Trade plans, please contact OneTrust’s gross sales workforce.

Key options of OneTrust options

Organizations select OneTrust to raised handle provide chains, cyberthreats, world disruptions and pure disasters whereas concurrently navigating compliance, laws and moral points. OneTrust helps these efforts with automation and clever programs. Let’s dive into the highest options of the preferred OneTrust options.

SEE: Discover our overview of knowledge governance frameworks.

OneTrust’s Intelligence Platform is an AI-powered, cloud-based expertise that helps centralized workflow automation in addition to subject, course of and coverage administration. Moreover, the system permits analytics and reporting with necessities and danger mitigation. The platform works throughout 4 foremost belief clouds:

OneTrust Privateness and Knowledge Governance Cloud

The OneTrust Privateness and Knowledge Governance Cloud helps corporations perceive their information and what they do with it. Operational all through the enter, storage, administration and disposal phases, the system is designed for the total information life cycle.

Corporations flip to OneTrust Privateness and Knowledge Governance Cloud to undertake best-in-class privateness practices and construct belief amongst clients and companions whereas delivering extra worthwhile experiences and creating enterprise worth by way of belief.

With new worldwide, nationwide and state laws evolving at a fast tempo, privateness professionals have watched their day-to-day operations attain new ranges of complexity. Sustaining an environment friendly world privateness program has confirmed vital to avoiding status harm, fines and lawsuits whereas additionally opening up new enterprise alternatives.

Determine A

Key options

With OneTrust Privateness and Knowledge Governance Cloud, corporations can:

• Automate PIAs, DPIAs and PbD with dynamic templates and versatile workflows.
• Combine current enterprise instruments and processes.
• Preserve evergreen information inventories of belongings, processes and distributors to know information processing and generate needed data.
• Automate the achievement of privateness rights requests (DSRs) from consumption, id verification, information discovery, information redaction and safe response.
• Streamline response to incidents and information breaches from consumption by way of evaluation and backbone.
• Simplify ongoing evaluation of third-party privateness practices.
• Present consciousness and coaching to staff by way of content material designed by privateness and information governance specialists.
• Sustain with the newest privateness and safety developments by way of a central portal that delivers same-day updates from specialists.

OneTrust GRC and Safety Assurance Cloud

The OneTrust GRC and Safety Assurance Cloud helps corporations successfully handle the danger introduced on by third events. On the identical time, they can achieve the visibility they should make higher risk-informed selections.

This cloud resolution aligns with quite a lot of enterprise operations: governance and coverage administration, IT danger and safety assurance, third-party danger administration and audit and compliance administration. This specific resolution helps corporations and provide chains of their efforts to remain resilient by way of steady cyberthreats, world crises and pure disasters.

Determine B

Key options

Corporations utilizing the GRC and Safety Assurance Cloud can:

• Handle, monitor, edit and replace insurance policies and notices to centralize coverage growth.
• Run attestation campaigns and conduct automated periodic evaluation cycles.
• Make risk-informed selections based mostly on regulatory intelligence and third-party risk-based evaluation.
• Centralize coverage growth and planning with embedded enterprise intelligence and collaboration.
• Handle GRC duties and automate proof assortment for compliance with varied safety certifications.

OneTrust Ethics and Compliance Cloud

Corporations face quite a lot of linked challenges like siloed compliance administration, low-risk visibility, low case volumes and disengaged staff. Responding to this specific set of issues, OneTrust developed the OneTrust Ethics and Compliance Cloud.

The OneTrust Ethics and Compliance Cloud brings collectively ethics program administration, speak-up tradition assurance and third-party due diligence to unify individuals, processes and expertise throughout ethics, compliance, HR and authorized groups.

Determine C

Key options

OneTrust Ethics and Compliance Cloud permits customers to:

• Run ethics administration packages with third-party due diligence.
• Have interaction staff and create a speak-up tradition with protections akin to whistleblower retaliation safety.
• Proactively sort out rising dangers.
• Shield and strengthen manufacturers with cross-application reporting and analytics that concentrate on firm tradition well being, program efficacy and present firm dangers.

SEE: Discover these information governance greatest practices.

OneTrust ESG and Sustainability Cloud

The ESG and Sustainability Cloud permits companies to construct and execute an ESG and sustainability technique with a versatile cloud-based platform. Sustainability and local weather commitments are actually high priorities for enterprise leaders, however they nonetheless wrestle to drive transparency and measure progress towards these targets.

Determine D

Key options

With the ESG and Sustainability Cloud, you’ll be able to:

• Set ESG targets, observe KPIs and incoming laws and drive carbon accounting with this data.
• Uncover your group’s carbon footprint numbers and decide methods to scale back and offset emissions.
• Automate ESG reporting and disclosures for normal stakeholder updates.
• Guarantee provider sustainability and accountability.

SEE: Listed here are just a few advantages of making use of ESG requirements to your enterprise.

Knowledge Discovery and Knowledge Catalog

Knowledge Discovery and Knowledge Catalog are two extra specialised OneTrust Knowledge Governance Cloud parts. Prospects can not purchase one with out the opposite; each are key to the environment friendly operation of the clever system.

The parts work seamlessly to strengthen data-driven insights for constructive enterprise outcomes.

Determine E

Key options

OneTrust Knowledge Discovery and Knowledge Catalog give customers the flexibility to:

• Create a complete map of organizational information.
• Apply related context by way of metadata mapping and administration.
• Automate and validate governance processes and insurance policies to make sure compliance.
• Drive regulatory intelligence with DataGuidance and different AI options.
• Present coverage automation for each exterior regulatory and inside coverage necessities.
• Permit for discovery and classification throughout cloud, on-premises and legacy programs.
• Allow clients to find delicate, private and different information held inside structured and unstructured codecs.
• Enhance accuracy over time with built-in machine studying fashions.
• Permit safe discovery and classification processes to happen inside a corporation’s safety management.

OneTrust professionals and cons

Alternate options to OneTrust

There are various established and upcoming corporations competing within the information safety, compliance and governance sectors. Because the regulatory panorama complexities proceed to extend and social values turn into below higher scrutiny, the demand for these options is simply getting stronger.

SEE: Uncover methods to select the proper information privateness software program for your enterprise.

Corporations wish to automate and modernize their operations and switch to high distributors that provide sturdy information platforms to get the job achieved. Let’s have a look at three high and totally different options to OneTrust.

TrustArc

TrustArc Privateness Administration Platform is a cloud-based platform that helps companies handle their privateness compliance. Like OneTrust, it gives a variety of options, together with information discovery and classification, danger evaluation, influence evaluation, incident response and consent administration. Nonetheless, it might be a greater match for smaller companies or these with much less demanding operations.

Osano

Osano is a knowledge privateness platform that helps companies automate their privateness compliance. It gives a collection of instruments that can be utilized to find, classify and shield delicate information, handle consent and report on compliance. Osano is an efficient alternative for companies which are in search of an easy-to-use and inexpensive privateness administration resolution.

Privateness Instruments

Privateness Instruments is just not for everybody. It’s an open-source privateness administration platform that requires superior technical abilities. Nonetheless, it’s free to make use of and helps companies construct and keep their very own privateness packages. It gives quite a lot of instruments and sources, together with information discovery and classification instruments, danger evaluation templates and consent administration templates. Privateness Instruments is an efficient alternative for companies that wish to take management of their privateness compliance and get monetary savings on licensing charges.

SEE: You also needs to take a look at these high information governance instruments.

How we evaluated OneTrust

To put in writing this evaluation and consider OneTrust and its options, we examined websites that compile combination information based mostly on verified person critiques and reviewed demos on vendor websites. Moreover, we test-drove the software program when attainable and scoured by way of OneTrust’s official websites to guage their options, strengths, limitations and prices.

Deciding on OneTrust on your information governance wants

The pricing choices for OneTrust are versatile and scalable. Prospects and critiques report options beginning as little as $30 per 30 days. Moreover, the corporate gives free trials.

No matter their perceived funds or buyer critiques, potential patrons should take into account for themselves whether or not or not the OneTrust portfolio of options meets their enterprise’ specific wants. Particularly for corporations that extra closely depend on moral information governance and availability for his or her stakeholders, a belief platform is without doubt one of the Most worthy instruments for assembly stakeholder expectations.