OneTrust Data Governance Review (2023): Features & Pricing

OneTrust is a singular cloud options supplier that focuses on privateness, compliance, sustainability and information governance. With 1000’s of main small and huge corporations — together with Carrefour, Samsung, Oracle, Allianz and Akami — the OneTrust know-how 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 grasp their options, strengths and cons and the way they’ll influence your corporation.

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Pricing

OneTrust presents a variety of options and add-ons. For starters, there’s a 14-day free trial for the Privateness & Information 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, Giant Enterprise, or Particular Trade plans, please contact OneTrust’s gross sales staff.

Key options of OneTrust options

Organizations select OneTrust to higher handle provide chains, cyberthreats, world disruptions and pure disasters whereas concurrently navigating compliance, rules and moral points. OneTrust helps these efforts with automation and clever methods. Let’s dive into the highest options of the most well-liked OneTrust options.

SEE: Discover our overview of information governance frameworks.

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

OneTrust Privateness and Information Governance Cloud

The OneTrust Privateness and Information 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.

Firms flip to OneTrust Privateness and Information Governance Cloud to undertake best-in-class privateness practices and construct belief amongst prospects and companions whereas delivering extra invaluable experiences and creating enterprise worth by way of belief.

With new worldwide, nationwide and state rules 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 injury, fines and lawsuits whereas additionally opening up new enterprise alternatives.

Determine A

Key options

With OneTrust Privateness and Information Governance Cloud, corporations can:

• Automate PIAs, DPIAs and PbD with dynamic templates and versatile workflows.
• Combine present enterprise instruments and processes.
• Keep evergreen information inventories of property, processes and distributors to grasp information processing and generate crucial information.
• Automate the achievement of privateness rights requests (DSRs) from consumption, identification 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 employees by way of content material designed by privateness and information governance consultants.
• Sustain with the most recent privateness and safety developments by way of a central portal that delivers same-day updates from consultants.

OneTrust GRC and Safety Assurance Cloud

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

This cloud resolution aligns with a wide range of enterprise operations: governance and coverage administration, IT threat and safety assurance, third-party threat 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

Firms utilizing the GRC and Safety Assurance Cloud can:

• Handle, monitor, edit and replace insurance policies and notices to centralize coverage improvement.
• Run attestation campaigns and conduct automated periodic assessment cycles.
• Make risk-informed choices based mostly on regulatory intelligence and third-party risk-based evaluation.
• Centralize coverage improvement 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

Firms face a wide range of related 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 know-how 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 employees and create a speak-up tradition with protections reminiscent of whistleblower retaliation safety.
• Proactively deal with 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 finest 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 at the moment are prime priorities for enterprise leaders, however they nonetheless wrestle to drive transparency and measure progress in opposition to these objectives.

Determine D

Key options

With the ESG and Sustainability Cloud, you may:

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

SEE: Listed below are a number of advantages of making use of ESG requirements to your corporation.

Information Discovery and Information Catalog

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

The elements work seamlessly to strengthen data-driven insights for optimistic enterprise outcomes.

Determine E

Key options

OneTrust Information Discovery and Information 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 inner coverage necessities.
• Enable for discovery and classification throughout cloud, on-premises and legacy methods.
• Allow prospects to find delicate, private and different information held inside structured and unstructured codecs.
• Enhance accuracy over time with built-in machine studying fashions.
• Enable safe discovery and classification processes to happen inside a company’s safety management.

OneTrust execs and cons

Options to OneTrust

There are numerous 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 beneath larger scrutiny, the demand for these options is barely getting stronger.

SEE: Uncover how to decide on the best information privateness software program for your corporation.

Firms need to automate and modernize their operations and switch to prime distributors that provide strong information platforms to get the job performed. Let’s have a look at three prime and completely different options to OneTrust.

TrustArc

TrustArc Privateness Administration Platform is a cloud-based platform that helps companies handle their privateness compliance. Like OneTrust, it presents a variety of options, together with information discovery and classification, threat 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 presents a collection of instruments that can be utilized to find, classify and defend delicate information, handle consent and report on compliance. Osano is an effective selection for companies which might be in search of an easy-to-use and inexpensive privateness administration resolution.

Privateness Instruments

Privateness Instruments will not be for everybody. It’s an open-source privateness administration platform that requires superior technical expertise. Nonetheless, it’s free to make use of and helps companies construct and preserve their very own privateness packages. It presents a wide range of instruments and sources, together with information discovery and classification instruments, threat evaluation templates and consent administration templates. Privateness Instruments is an effective selection for companies that need to take management of their privateness compliance and get monetary savings on licensing charges.

SEE: You must also take a look at these prime information governance instruments.

How we evaluated OneTrust

To write down this assessment and consider OneTrust and its options, we examined websites that compile mixture information based mostly on verified consumer critiques and reviewed demos on vendor websites. Moreover, we test-drove the software program when potential and scoured by way of OneTrust’s official websites to judge their options, strengths, limitations and prices.

Deciding on OneTrust to your information governance wants

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

No matter their perceived price range or buyer critiques, potential consumers should contemplate 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 among the most respected instruments for assembly stakeholder expectations.