Onspring vs LogicManager

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Our analysts compared Onspring vs LogicManager 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.

Product Basics

Onspring is an end-to-end risk management software that integrates governance, risk and compliance, IT service management, business operations, and regulations and framework. It provides complete visibility into an organization’s risk, policies and compliance status. Built-in automation and workflows help optimize risk detection, remediation and prediction procedures. It saves a lot of time and money, both in terms of company resources and potential noncompliance penalties.

The IT service management module provides visibility into IT activities and mitigates costs with strategic initiatives. The third-party risk management module offers real-time coverage of the supply chain.
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LogicManager is a fully integrated governance, risk and compliance (GRC) solution. Users can easily incorporate its taxonomy infrastructure into any department, ensuring scalability and adaptability. It stockpiles all data centrally under one secure repository to assess bank risks, location-specific risks, third-party risks, regulatory risks and gaps in control processes. Provides ready-made libraries to house risks, standards and regulatory documentation for intuitive tracking of compliance obligations, claims, internal audits and risk assessments. Compliant with ISO, NIST, COBIT, GDPR CCPA and more frameworks and regulations.

Its intuitive dashboard and advanced analytics modules provide risk-intelligent reporting of vulnerability assessments with configurable data visualizations. Taxonomy technology links regulations, risk and controls across departments, uncovering correlational data and dependencies for higher operational efficiency. Users can automate task assignments, threat remediation plans, document generation, alerts, reminders and more.
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$20,000 Annually
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Tailored to your specific needs
$10,000 Annually
Get a free price quote
Tailored to your specific needs
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Product Assistance

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Knowledge Base
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Product Insights

  • Real-Time Visibility Into Business Operations: Get insights into the condition of critical processes, including supply chain, risk management, IT services and regulatory compliance. 
  • Optimized Task Assignment: Promote accountability by automatically assigning tasks and risk ownerships. Create a clear hierarchical map of who is in charge of what at all times. 
  • Save Money: Predict risk incidents and lapsed contracts with real-time insights. Devise the most cost-effective contract and business strategies. 
  • Streamlined Contract Negotiations: Negotiate contracts in good faith with live analytics on associated third and fourth-party risk data. 
  • Increased Adaptability: Customize the platform to make it suitable for any use case such as location-based auditing, automation, SOX compliance, HR and legal compliance, and more. 
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  • Enhanced Decision Making: LogicManager equips organizations with comprehensive risk assessments and analytics, enabling leaders to make informed decisions by understanding the potential impact of risks on their strategic goals.
  • Streamlined Compliance Processes: The software simplifies compliance with regulatory requirements by automating the collection and management of relevant data, ensuring that organizations stay ahead of changes in regulations.
  • Improved Risk Visibility: With its centralized risk management framework, LogicManager provides a clear overview of all risk-related activities, highlighting areas of concern and enabling proactive risk mitigation strategies.
  • Efficient Resource Allocation: By identifying and prioritizing risks, LogicManager helps organizations allocate their resources more effectively, ensuring that attention is focused on the areas of highest impact.
  • Enhanced Collaboration: The platform fosters collaboration across departments by facilitating the sharing of risk information and strategies, breaking down silos and promoting a unified approach to risk management.
  • Customizable Reporting: LogicManager offers flexible reporting tools that allow users to create tailored reports that meet the specific needs of different stakeholders, providing relevant insights to support strategic planning.
  • Increased Operational Resilience: By enabling organizations to identify, assess, and mitigate risks, LogicManager helps build operational resilience, preparing businesses to respond effectively to unforeseen challenges.
  • Cost Savings: Through the early identification and management of risks, LogicManager can help organizations avoid costly incidents and losses, contributing to overall financial stability and performance.
  • Regulatory Compliance Assurance: The software's comprehensive compliance management features ensure that organizations can easily demonstrate adherence to industry standards and regulations, reducing the risk of penalties and reputational damage.
  • Continuous Improvement: LogicManager supports a culture of continuous improvement by providing tools for regular risk assessments and the monitoring of mitigation efforts, enabling organizations to adapt and evolve their risk management practices over time.
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  • Process Automation: Set up automated workflows for a range of procedures, including risk assessments, policy updates, control tests and more. 
  • Risk Register: Connect risks, audits, controls and policies in a centrally accessible risk register for real-time insights. 
  • Task Assignment: Assign tasks and risk ownership based on risk scores, urgency and prioritization for optimal risk mitigation. 
  • Security: Create custom groups, roles and users for permission-based access to core processes. 
  • Compliance: Cross-check the compliance of controls against relevant regulatory standards like SOX, GDPR and NERC. 
  • Analytics: Run advanced analytics on internal and residual risks and generate visual reports by history and heat maps. 
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  • Risk Management: Standardize the risk identification process with preconfigured, custom risk criteria. Identify systemic vulnerabilities and perform root cause analysis to pinpoint upstream and downstream dependencies, duplication and redundancies. 
    • Assessment: Use a preconfigured risk library to standardize remediation measures and establish a universal risk language across multiple business units. Use best practice regulations, standards and frameworks to prioritize the most critical risks and minimize business impact. 
  • Risk Mitigation: Monitor risks and internal controls in real time and connect risks to associated controls, processes and resources. Automate workflows and notify risk owners of changes in local circumstances. Automatically diagnose misalignments, ineffective controls, redundancies and gaps in risk protection. 
  • Risk Monitoring: Monitor key performance indicators (KPIs) and key risk indicators (KRIs) with integrated control solutions. Configure custom risk thresholds, incident report forms and automated workflows. Standardize risk assessments throughout the organization with common frameworks. Identify emerging risk trends to proactively address vulnerabilities. 
  • Risk Reporting: Leverage the intelligent dashboard to run reports for audits, incidents, compliance, vendor management, SOX, business continuity and more. Improve stakeholder engagement with heat maps and data matrices. Automatically update existing reports and data visualizations to reflect new circumstances and information. Get a 360-degree view of remediation efficacy, controls and risk metrics with centralized controls and processes. 
  • One-click Compliance: Choose from hundreds of pre-existing controls in line with applicable regulations, frameworks and standards. Link controls to associated compliance with a taxonomy-driven artificial intelligence.  
  • Integrations: Integrate third-party applications with a simple, no-code, templated architecture. Some of the most popular integrations include Jira Software, DocuSign, Slack, Office 365, Google, etc. 
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Product Ranking

#37

among all
Risk Management Software

#50

among all
Risk Management Software

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Analyst Rating Summary

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Reports and Dashboards
Risk Management
Regulatory Management
Policy Management
Operational Risk Management and IT Security
Integration and Extensibility
Policy Management
Reports and Dashboards
Audit Management
Business Continuity Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Onspring
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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 91 89 86 67 93 64 96 98 100 100 83 99 99 88 90 98 73 100 98 100 98 83 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Excellent User Sentiment 57 reviews
Excellent User Sentiment 111 reviews
95%
of users recommend this product

Onspring has a 'excellent' User Satisfaction Rating of 95% when considering 57 user reviews from 1 recognized software review sites.

91%
of users recommend this product

LogicManager has a 'excellent' User Satisfaction Rating of 91% when considering 111 user reviews from 4 recognized software review sites.

n/a
4.2 (16)
4.75 (57)
4.59 (16)
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4.6 (15)
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4.6 (64)

Awards

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

User Favorite Award

SelectHub research analysts have evaluated LogicManager and concluded it earns best-in-class honors for Audit Management, Business Continuity Management, Policy Management and Integration and Extensibility. LogicManager stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Audit Management Award
Business Continuity Management Award
Policy Management Award
Integration and Extensibility Award

Synopsis of User Ratings and Reviews

Intuitive Interface: Users praise Onspring's user-friendly design, finding it easy to navigate and use for tasks like creating risk assessments and generating reports.
Flexible and Customizable: Users appreciate the ability to tailor Onspring to their specific needs, such as configuring workflows and creating custom fields for risk data.
Strong Reporting Capabilities: Onspring's reporting features are well-regarded, enabling users to easily generate insightful reports on risk data, which aids in decision-making.
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Centralized Platform: LogicManager allows users to consolidate risk data, assessments, and mitigation plans in one place, providing a comprehensive view of an organization's risk landscape. This can be particularly helpful for organizations with multiple departments or business units, as it enables better collaboration and communication around risk management.
Customizable: The platform's flexibility allows users to tailor it to their specific needs and risk management frameworks. This includes the ability to create custom risk assessments, workflows, and reports. Customizable dashboards and reports provide insights into key risk indicators and trends, enabling data-driven decision-making.
User-Friendly Interface: LogicManager is generally considered to have an intuitive interface that is easy to navigate, even for users with limited technical expertise. This can help to encourage user adoption and engagement with the platform.
Integrations: LogicManager integrates with a variety of other business applications, such as GRC platforms, ERPs, and BI tools. This can help to streamline risk management processes and improve data accuracy.
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Reporting Limitations: Users have expressed frustration with the reporting functionality, citing limitations in customization and the inability to easily extract specific data points for analysis.
User Interface Complexity: The platform's user interface has been described as complex and not intuitive, requiring extensive training to navigate effectively. This complexity can lead to decreased user adoption and productivity.
Limited Flexibility for Risk Assessments: Some users have found the platform's risk assessment capabilities to be somewhat rigid, lacking the flexibility to accommodate unique organizational needs and risk methodologies.
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Steep Learning Curve: Many users report that LogicManager has a steep learning curve due to its complex interface and extensive features. This can make it challenging for new users to get up to speed quickly and efficiently.
Customization Challenges: While LogicManager offers customization options, some users find it difficult to tailor the platform to their specific needs. This can lead to frustration and a less-than-optimal user experience.
Reporting Limitations: Some users have expressed dissatisfaction with LogicManager's reporting capabilities, citing limitations in generating custom reports or extracting data in desired formats. This can hinder effective risk analysis and decision-making.
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Is Onspring the software that will help your business to not only spring forward but also leap ahead of the competition? Users describe Onspring as a flexible and user-friendly platform that excels in centralizing risk management information, making it easier to track and improve processes. For example, users praise Onspring's ability to connect risks to other business operations, such as network management, providing a holistic view of potential vulnerabilities. However, a recurring criticism is the price tag, which some users find steep, especially compared to alternatives like LogicManager or OneTrust. Despite this, users highlight Onspring's no-code environment as a key differentiator, empowering non-technical personnel to build and customize workflows without relying on IT, a factor greatly appreciated by smaller teams with limited IT resources. Ultimately, Onspring appears best suited for organizations, particularly those with lean teams, seeking a comprehensive, customizable, and user-friendly risk management solution, but who are also prepared to make a significant financial investment. However, businesses prioritizing cost-effectiveness might find other options more appealing.

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LogicManager, a cloud-based risk management solution, has been helping businesses for almost two decades. Its comprehensive features, like risk maturity modeling and assessment templates, enable organizations to identify, assess, and mitigate risks effectively. However, recent user feedback paints a mixed picture of the software's performance and value proposition. Users appreciate LogicManager's user-friendly interface and its ability to streamline risk management processes. The software's intuitive design and comprehensive features allow users to efficiently identify, assess, and mitigate potential risks, ultimately leading to improved business performance. Additionally, LogicManager's extensive user base and established reputation provide a sense of reliability and community support. However, some users express concerns about the software's cost and rigidity. The price point may be a barrier for smaller businesses or those with limited budgets. Additionally, the software's lack of flexibility can make it challenging to adapt to unique or evolving business needs. Compared to competitors like MetricStream and Archer, LogicManager offers a more user-friendly experience but may lack the advanced customization options of its counterparts. LogicManager appears well-suited for established businesses seeking a reliable and comprehensive risk management solution. Its ease of use and established track record make it a dependable choice for organizations looking to enhance their risk management practices. However, businesses with limited budgets or those requiring a high degree of customization may need to explore alternative options. It's important to note that software capabilities and market trends can change rapidly. Therefore, it's recommended to consult the latest online resources and reviews for the most current information before making a software decision.

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