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Fastpath Assure VS Oracle Risk Management Cloud

Compare Fastpath Assure VS Oracle Risk Management Cloud and see what are their differences

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Fastpath Assure logo Fastpath Assure

Fastpath Assure is a cloud GRC platform that integrates with various ERP systems

Oracle Risk Management Cloud logo Oracle Risk Management Cloud

Oracle Risk Management helps to document risks and enforce controls as an integral part of your ERP Cloud deployment
  • Fastpath Assure Landing page
    Landing page //
    2023-05-11
  • Oracle Risk Management Cloud Landing page
    Landing page //
    2023-10-06

Fastpath Assure features and specs

  • Comprehensive Compliance Management
    Fastpath Assure provides in-depth compliance management tools, helping organizations streamline their compliance processes with ease.
  • Real-time Monitoring and Alerts
    The solution offers real-time monitoring and alerts for unauthorized access and potential security risks, enhancing the security posture of the organization.
  • User-friendly Interface
    Fastpath Assure features an intuitive and user-friendly interface, making it accessible for users with varying levels of technical expertise.
  • Seamless Integration
    The platform easily integrates with various ERP systems such as Microsoft Dynamics, NetSuite, SAP, and Oracle, ensuring a cohesive user experience.
  • Automated Reporting
    It provides automated reporting capabilities, which save time and reduce errors in audit preparation and compliance documentation.

Possible disadvantages of Fastpath Assure

  • Cost
    Fastpath Assure can be expensive for small to medium-sized businesses, making it a potentially high-cost investment for some organizations.
  • Learning Curve
    Despite its user-friendly interface, there may still be a learning curve for new users to understand and utilize all the features effectively.
  • Customization Limitations
    The platform may have some limitations in terms of customization options, which can be a drawback for organizations with unique requirements.
  • Dependency on Internet
    As a cloud-based solution, it requires a stable internet connection for optimal performance, which can be restrictive in areas with poor connectivity.
  • Support Response Times
    Some users have reported slower response times from customer support, which can be a concern when immediate assistance is needed.

Oracle Risk Management Cloud features and specs

  • Comprehensive Risk Management
    Oracle Risk Management Cloud offers a wide range of tools and functionalities to manage various aspects of risk, including financial controls, user access controls, and automated monitoring, ensuring a robust risk management framework.
  • Integration with Other Oracle Products
    Seamlessly integrates with other Oracle Cloud applications such as Oracle ERP Cloud, providing a unified and consistent user experience across different business processes.
  • Advanced Analytics
    The platform provides advanced analytics and reporting capabilities, offering deep insights into potential risks, compliance gaps, and control effectiveness, which help in making informed decisions.
  • Automated Processes
    Offers automation for many risk and compliance processes, reducing manual effort and minimizing human error, which leads to more accurate risk management.
  • Scalability
    As a cloud-based solution, it easily scales with the growth of the organization, accommodating increasing volumes of data and more complex risk management needs without requiring significant infrastructure changes.

Possible disadvantages of Oracle Risk Management Cloud

  • Cost
    The cost of implementing and maintaining Oracle Risk Management Cloud can be high, which may be prohibitive for smaller organizations or those with limited budgets.
  • Complexity
    The extensive features and capabilities can make the system complex to implement and manage, requiring specialized knowledge and skills to be used effectively.
  • Customization Limitations
    While the platform is robust, it may have limitations in customization options when compared to some competitor offerings, which could impact organizations with highly specific or unique risk management requirements.
  • Learning Curve
    Due to its comprehensive nature, there can be a steep learning curve for new users, necessitating detailed training and time for employees to become proficient with the system.
  • Integration with Non-Oracle Systems
    While it integrates well with other Oracle products, integrating Oracle Risk Management Cloud with non-Oracle systems can be challenging and might require additional middleware or custom development.

Analysis of Fastpath Assure

Overall verdict

  • Yes, Fastpath Assure is considered a reliable and effective solution for companies that need robust access management controls and compliance assurance. It receives positive feedback for its ease of use, comprehensive feature set, and ability to integrate with diverse systems.

Why this product is good

  • Fastpath Assure is a recognized solution for organizations looking to manage and streamline their access governance and compliance processes. It integrates with several enterprise systems, providing real-time visibility into user access and activity. Its features, such as automated reports, risk analysis, and segregation of duties (SoD) controls, help ensure compliance with industry regulations and reduce the potential for insider threats.

Recommended for

    Fastpath Assure is recommended for medium to large enterprises across various industries, especially those that must adhere to stringent compliance standards like Sarbanes-Oxley (SOX) or GDPR. It's particularly valuable for companies using ERP systems, such as SAP or Oracle, where the risk of unauthorized access can have significant financial and operational implications.

Analysis of Oracle Risk Management Cloud

Overall verdict

  • Oracle Risk Management Cloud is considered a robust and comprehensive solution for organizations seeking to enhance their risk management and compliance capabilities. Its integration with other Oracle products and services, as well as its scalable cloud-based architecture, make it a versatile choice for companies of various sizes and industries. However, organizations should assess their specific needs and infrastructure compatibility before adopting the solution.

Why this product is good

  • Oracle Risk Management Cloud is designed to help organizations manage risks and compliance more effectively. It offers integrated features such as automated risk assessments, continuous monitoring of business processes, and advanced analytics to identify potential threats and inefficiencies. The solution is built to enhance visibility into risk landscapes, ensure compliance with regulations, and improve decision-making through insightful reporting and dashboards. Moreover, Oracle's cloud infrastructure provides scalability, security, and regular updates, ensuring that organizations have access to the latest tools and features in risk management.

Recommended for

    Oracle Risk Management Cloud is recommended for medium to large enterprises that are already utilizing Oracle's suite of business applications or are seeking a reliable cloud-based solution for risk management. It is particularly beneficial for industries with stringent regulatory requirements such as finance, healthcare, and manufacturing, where continuous monitoring and compliance are critical components of operations.

Fastpath Assure videos

+ Add

Fastpath Assure | Security, Audit and Compliance Platform Quick View

More videos:

  • Demo - Fastpath Assure Overview Demo
  • Demo - Fastpath Assure for NetSuite - Demo | Fastpath

Oracle Risk Management Cloud videos

+ Add

Oracle Applications 20B Spotlight on Oracle Risk Management Cloud

More videos:

  • Review - Oracle Risk Management Cloud - Risk Creation

Category Popularity

0-100% (relative to Fastpath Assure and Oracle Risk Management Cloud)

Fastpath Assure

Oracle Risk Management Cloud

Governance, Risk And Compliance
44 44%
Governance, Risk And Compliance
56% 56
Security & Privacy
44 44%
Security & Privacy
56% 56
Workplace Safety
50 50%
Workplace Safety
50% 50
Reporting Platform
100 100%
Reporting Platform
0% 0

User comments

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What are some alternatives?

When comparing Fastpath Assure and Oracle Risk Management Cloud, you can also consider the following products

SAI360 - SAI360’s GRC Software helps organizations seamlessly balance ethics, risk, and compliance with an integrated solution that manages all types of risks while supporting a risk-aware compliance program.

ERP Maestro - The best cloud SAP GRC and SoD solutions , giving companies automated access control tools for audit, compliance, risk management and security.

Aptible - Aptible is a secure, private cloud deployment platform built to automate HIPAA compliance.

AuditBoard - AuditBoard is a platform that offers compliance and audit management that allows auditors to analyze, manage, and report the business operations.

CIMCON Software - CIMCON Software helps minimize business risks in end-user computing applications: spreadsheets, Access Databases, VBScript, Tableau, R, etc.

SecurityScorecard - Security solution to predict and remediate potential security risks across organizations and their partners.

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