Software Alternatives, Accelerators & Startups

LogicGate VS @RISK

Compare LogicGate VS @RISK and see what are their differences

LogicGate logo LogicGate

The LogicGate platform empowers businesses to build agile enterprise process applications that deliver workflow automation and process efficiency

@RISK logo @RISK

@RISK is the world's most widely used risk analysis tool.
  • LogicGate Landing page
    Landing page //
    2023-05-12
  • @RISK Landing page
    Landing page //
    2023-10-17

LogicGate features and specs

  • Customizable Workflows
    LogicGate allows users to create and customize workflows that fit the specific needs and processes of their organization, offering flexibility and adaptability.
  • User-Friendly Interface
    The platform provides an intuitive and easy-to-navigate interface, making it accessible for users with varying technical expertise.
  • Integrations
    LogicGate supports integration with various other business tools and software, facilitating seamless data flow and enhanced functionality.
  • Robust Reporting and Analytics
    The platform offers comprehensive reporting and analytics features that help businesses stay informed about their risk management and compliance status.
  • Automation Capabilities
    Automation of repetitive tasks is possible with LogicGate, saving time and reducing the likelihood of errors.

Possible disadvantages of LogicGate

  • Cost
    For smaller businesses or startups, the cost of using LogicGate might be prohibitive as it can be on the higher side compared to some competitors.
  • Complex Implementation
    Setting up and customizing the platform might require a significant time investment and potentially the assistance of specialized staff.
  • Learning Curve
    Despite its user-friendly interface, there can be a learning curve for new users to fully leverage all features and functionalities of LogicGate.
  • Limited Mobile App Functionality
    The mobile application does not yet offer the full range of functionalities available on the desktop version, which can limit accessibility for users who need on-the-go access.
  • Customer Support
    Some users have mentioned that the customer support can be slow or not as responsive as desired, which could delay issue resolution.

@RISK features and specs

  • Comprehensive Risk Analysis
    @RISK provides a detailed and comprehensive risk analysis by using Monte Carlo simulation, which allows users to understand the variability and uncertainty in their models.
  • Excel Integration
    @RISK is integrated directly with Microsoft Excel, making it intuitive for users who are familiar with Excel to build their models and perform risk analysis without needing to learn a new interface.
  • Scenario Analysis
    The software allows users to perform scenario and sensitivity analysis, enabling a deeper understanding of which variables have the greatest impact on their models.
  • Reporting and Visualization Tools
    It offers a variety of tools for reporting and data visualization, making it easy to present findings to stakeholders in a clear and impactful way.
  • Custom Distributions
    @RISK provides flexibility with custom distributions, allowing users to fit their data to a wide range of probability distributions.

Possible disadvantages of @RISK

  • Complexity for Beginners
    The software can be complex for beginners or those not familiar with statistical modeling and Monte Carlo simulations, potentially requiring significant time to learn effectively.
  • Cost
    @RISK can be expensive for individual users or small businesses, which might be a barrier compared to other simpler or free alternatives.
  • Excel Dependency
    Being a tool that works within Excel, its performance and capabilities are limited by the functionalities and limitations of Excel itself.
  • Resource Intensive
    Running large simulations can be resource-intensive, requiring significant processing power and potentially leading to performance issues on less powerful hardware.
  • Steep Learning Curve for Advanced Features
    While basic features might be easy to grasp, mastering the advanced features and functionalities of @RISK could require extensive training and experience.

LogicGate videos

LogicGate: Building the Future of GRC Automation

@RISK videos

No @RISK videos yet. You could help us improve this page by suggesting one.

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Category Popularity

0-100% (relative to LogicGate and @RISK)
Governance, Risk And Compliance
Security & Privacy
91 91%
9% 9
Technical Computing
0 0%
100% 100
Privacy
100 100%
0% 0

User comments

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What are some alternatives?

When comparing LogicGate and @RISK, you can also consider the following products

OneTrust - Privacy Management Software

SAI360 - GRC Platforms

Oracle Risk Management Cloud - Oracle Risk Management helps to document risks and enforce controls as an integral part of your ERP Cloud deployment

Prevalent ThirdParty Risk Management - Prevalent ThirdParty Risk Management is an online service that offers cyber-attack security risk management for your company.

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

CyberGRX - The CyberGRX Exchange and dynamic assessment data and analytics help Enterprises and Third Parties cost-effectively identify, prioritize and mitigate risk.