Software Alternatives, Accelerators & Startups

Square VS Drata

Compare Square VS Drata and see what are their differences

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Square logo Square

Square helps millions of sellers run their business-from secure credit card processing to point of sale solutions. Get paid faster with Square. Sign up today!

Drata logo Drata

Put SOC 2 Compliance on Autopilot
  • Square Homepage
    Homepage //
    2024-05-06
  • Drata Landing page
    Landing page //
    2022-10-20

Drata

Website
drata.com
Release Date
2020 January
Startup details
Country
United States
State
California
City
San Diego
Founder(s)
Adam Markowitz
Employees
10 - 19

Square features and specs

  • Ease of Use
    Square's platform is known for being user-friendly and easy to set up, making it accessible for small business owners with little technical expertise.
  • Transparent Pricing
    Square offers straightforward, flat-rate pricing with no hidden fees, which helps businesses understand their costs upfront.
  • Integrated Solutions
    Square provides a comprehensive suite of tools including POS systems, online store, invoicing, payroll, and more, enabling seamless business operations.
  • No Long-Term Contracts
    Square does not require long-term contracts or commitments, allowing businesses flexibility in choosing their service provider.
  • Omnichannel Capabilities
    Square supports sales across various channels, including in-person, online, and mobile, offering versatility for different business models.
  • Next-Day Deposits
    Square offers next-day deposits, ensuring that businesses have quick access to their funds, which is critical for cash flow management.

Possible disadvantages of Square

  • Processing Fees
    While the pricing is transparent, the fees per transaction can add up, especially for businesses with high sales volumes or low margins.
  • Account Stability
    Some users have reported sudden holds or terminations of their Square accounts, which can disrupt business operations.
  • Limited Customer Support
    Square's customer support can be limited, particularly for smaller businesses or during high-demand periods, which can affect issue resolution time.
  • Additional Costs for Advanced Features
    Some advanced features and integrations may incur additional costs, making it more expensive for businesses that need these functionalities.
  • Geographic Limitations
    Square is primarily available in certain countries, which may be restrictive for businesses with international operations or customers.

Drata features and specs

  • Automated Compliance Monitoring
    Drata provides continuous, automated monitoring of a company's compliance posture, which helps ensure adherence to standards like SOC 2, ISO 27001, and GDPR, reducing manual effort and improving accuracy.
  • Integration Capabilities
    Drata integrates with a wide range of tools and platforms used by organizations, including cloud providers, identity management systems, and development tools, enabling seamless data collection and analysis for compliance purposes.
  • Real-Time Alerts and Insights
    The platform offers real-time alerts and insights, allowing businesses to proactively address compliance issues and make informed decisions to maintain security and regulatory requirements.
  • User-Friendly Interface
    Drata features an intuitive and easy-to-navigate interface, which simplifies the process of managing and understanding compliance requirements, especially beneficial for non-technical users.
  • Robust Reporting
    With its comprehensive reporting tools, Drata allows organizations to easily generate and share compliance reports with stakeholders and auditors, facilitating transparency and accountability.

Possible disadvantages of Drata

  • Pricing Structure
    For smaller businesses or startups, Drata's pricing could be considered expensive, making it less accessible for organizations with limited budgets.
  • Learning Curve
    While the interface is user-friendly, some users may experience a learning curve when first getting acquainted with the platform and its extensive features.
  • Customization Limitations
    Some users might find the customization options limited when trying to tailor the platform to specific compliance processes or unique internal requirements.
  • Dependency on Integration
    Organizations heavily reliant on very specific or niche tools may face challenges if Drata does not support direct integration with those tools, potentially complicating the data collection process.
  • Service Reliability
    As with any cloud-based solution, there may be concerns regarding uptime and service reliability, which can impact the ability to continuously monitor compliance in real-time.

Analysis of Square

Overall verdict

  • Yes, Square is generally considered a good choice for businesses looking for an all-in-one payment and business management solution. It is particularly praised for its user-friendly interface, competitive pricing, and reliable customer support.

Why this product is good

  • Square, known for its point of sale solutions, has built a strong reputation for its ease of use, transparent pricing, and comprehensive features suited for small to medium-sized businesses. It offers seamless integration with various hardware, software, and payment processing services, which are particularly appreciated by users who want a straightforward setup. The platform also provides useful analytics, invoicing, and inventory management features that help businesses efficiently manage their operations.

Recommended for

    Square is recommended for small to medium-sized businesses, especially in the retail, food and beverage, and service industries, who need a versatile and scalable payment processing and business management solution. It is particularly beneficial for those who prefer a cloud-based service with seamless integration across multiple devices.

Analysis of Drata

Overall verdict

  • Drata is positively reviewed for its extensive features that simplify compliance management and its user-friendly interface. Businesses seeking to streamline their compliance processes and ensure ongoing adherence to security standards find Drata particularly beneficial.

Why this product is good

  • Drata is considered a good platform due to its automation of compliance workflows, real-time risk management, and integration with a wide array of tools, helping companies achieve and maintain security compliance more efficiently. It alleviates the manual processes associated with compliance and provides continuous monitoring along with a comprehensive overview of compliance status. The platform caters well to companies pursuing and sustaining certifications like SOC 2, ISO 27001, HIPAA, and more.

Recommended for

  • Tech startups aiming to achieve rapid SOC 2 compliance
  • Mid-size companies that need continuous compliance monitoring
  • Enterprises requiring integration with existing security and development tools
  • Organizations in heavily regulated industries like healthcare or finance

Square videos

Square vs PayPal 2020: A Side by Side Comparison

More videos:

  • Demo - Square Mobile Credit Card Reader Review | Squareup Demo | Pros & Cons
  • Review - I switched from Square to Paymentech. IMO, Squareup merchant services is garbage.
  • Review - What is Square - Square Review - Square Pricing Plans Explained
  • Review - 6 days left to dump Square merchant services before they begin screwing small businesses
  • Review - Square Eftpos Terminal Review 2023
  • Review - Square Review | Is It the BEST POS System for Online Payments & Invoicing?
  • Review - Square For Small Business: Is Square Right For You? [Square Explained]

Drata videos

Drata's 2021 in Review ๐ŸŽ‰

More videos:

  • Review - AWS re:Invent 2021 - An inside look at Drata's automated security and compliance
  • Review - Drata - Put SOC 2 on Autopilot

Category Popularity

0-100% (relative to Square and Drata)
Payments Processing
100 100%
0% 0
Governance, Risk And Compliance
Payment Platform
100 100%
0% 0
Security & Privacy
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Square and Drata

Square Reviews

The 8 Best Payment Processing Systems
If your business needs to process payments in person, Square has handy point-of-sale features like a contactless chip reader, magstripe reader, and convertible stand. All these components let you take payments directly from your smartphone. The system connects with your online business presence as well for seamless transactions. Card payments will always be more expensive,...
Source: gocardless.com
11 Alternatives to QuickBooks in 2024
If your business mainly processes card payments in-person in a retail setting, needs a few basic business tools like inventory tracking and sales reports, and is looking for something that seamlessly integrates with an ecommerce presence, Square is for you. Itโ€™s built for small retail and ecommerce businesses that are just starting out and looking for a lost-cost, low-risk,...
Source: www.bench.co
What to Use Instead of PayPal? 10 Best PayPal Alternatives
Square is another big name in retail payments and for a good reason. The easy-to-use platform lets you accept payments online or in-store. There are also useful available features such as invoices, contactless payments, point of sale, and eCommerce. Any extra features you add will be accessed via the same dashboard, letting you stay organised. Additionally, Square is...
The 6 best online payment processing services in 2024
Most of Square's features are free to use, but if you want to unlock more for your store and checkout experience, there are two subscription plans available. The highest one, Premium ($79/month), even lowers the transaction fee to 2.6% + $0.30 (from 2.9% + $0.30), so if you end up setting up shop with Square and start selling a lot, it may make sense to upgrade.
Source: zapier.com
POS: Best Point of Sale System Software for Small businesses
It may be used on tablets, smartphones, and Apple and Android devices. It is applicable to all business types, including bakeries. The business offers Square POS support around-the-clock.
Source: qpe.co.in

Drata Reviews

Top 5 GRC Tools in 2026: A Practical Guide for Modern Risk & Compliance Teams
For teams whose primary need is audit efficiency, Drata is a reasonable option. For teams aiming to operationalize GRC beyond audits, it remains limited.
11 NetBox Alternatives
Drata is an application that provides its services to secure users' data to help them build trust with their customers and boost their sales with the help of its great features. By using this amazing application, you can be able to scale your business in front of the world securely and rank your website on the Google search engine so that customers can reach your store...

Social recommendations and mentions

Based on our record, Square should be more popular than Drata. It has been mentiond 41 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Square mentions (41)

  • Advertisement - Help Finding a Global Entry Appointment
    This is an advertisement and I want to provide all the details.. I am a software developer and avid traveler. I own this website and am the sole developer who wrote the entire software! This idea came about when I signed up for Global Entry and then couldn't get an enrollment interview. I offer a 100% Money Back Guarantee (https://globalentrytextalerts.com/moneyBack) if someone doesn't feel satisfied. The website... Source: almost 3 years ago
  • How common is card/contactless payment?
    And now with Square it's dirt simple to accept credit card transactions, and the software even integrates into the NFC transceiver in modern iPhones--so even street vendors and local artists accept contactless payment cards. Source: over 3 years ago
  • FREE GAME ๐Ÿ’ณ๐Ÿ’ฐ๐Ÿ’ฐ
    Https://squareup.com/us/en - Better with aged account and/or verified business. Do custom amount charges on phone and type in card info manually. Source: over 3 years ago
  • Art Market Question: $$$
    I've seen this one quite a bit here: https://squareup.com/us/en. Source: over 3 years ago
  • Squarespace Tutorial: Learn How to Build a Squarespace Website in 2022
    Squarespace supports several payment gateways, including Stripe, PayPal Business, and Square (for US point of sale transactions). - Source: dev.to / over 3 years ago
View more

Drata mentions (7)

  • Interested in GRC?
    Have you had opportunity to apply any of the compliance automation tools like Drata in your work? Have you found them to be useful? Source: over 3 years ago
  • Seeking critique before soft-launching our B2B SaaS product: Website feedback wanted!
    Have you got any experience from services like Drata (https://drata.com/)? Source: over 3 years ago
  • SOC Compliance for Hardware/Software business
    Have a chat with the folks at https://drata.com/. Thier discovery and automated evidence gathering platform is pretty cool. Prepare for sticker shock though. Getting through any compliance process is a $30k ish annual expense. Source: over 3 years ago
  • Security and Compliance Considerations for the Public Cloud
    Compliance tools like Vanta and Drata integrate with the major cloud providers and allow you to automatically monitor whether compliance criteria are being met. Because these tools can plug directly into the cloud provider APIs, they are able to pull relevant data automatically and send alerts when something is misconfigured. - Source: dev.to / almost 4 years ago
  • The Developer's Guide to SaaS Compliance
    Even if your organization has the practices down, you will still need to spend time maintaining and collecting evidence of compliance. Therefore, itโ€™s beneficial to invest in automated software tools like Vanta or Drata that can speed up the evidence collection process. These tools help manage and record evidence of compliance practices via continuous monitoring of the applicationโ€™s infrastructure and business... - Source: dev.to / about 4 years ago
View more

What are some alternatives?

When comparing Square and Drata, you can also consider the following products

Lightspeed - Retail point-of-sale, inventory management, and omnichannel payment processing systems.

Vanta - Automate compliance, simplify security.

Toast - Built to make restaurants better. Toast gives your restaurant the technology you need to succeed in today's fast-paced environment.

Sprinto - SOC 2 security compliance for SaaS

Odoo - An all-integrated business app suite to unleash your growth potential.

Secureframe - Get enterprise ready with SOC 2 and ISO 27001 compliance