August 20

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Platform ROI Calculator

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Do you want to… (Select at least one)
Conduct yearly security risk assessment
Conduct yearly data privacy assessment
Conduct vendor risk management
Conduct continuous compliance monitoring and reporting
Assumptions

*This calculator is a guide, not a quote.

Your ROI Summary

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Assumptions

  • One-time Implementation Cost: A default solution cost is assumed which may vary from case to case.
  • Integration and Scalability: Integration into existing workflows and scalability is seamless, leading to minimal disruption and immediate benefits.
  • Membership/Enrollment: For up to 20,000 members, the one-time implementation and monthly recurring costs are fixed at $40,000 and $8,000, respectively. The implementation and recurring increases by $0.35 for each additional member. These numbers are indicative.
  • Efficiency Gains: Assumed efficiency gains are 60% due to a Unified GRC Platform, automation, continuous risk monitoring, vendor oversight, and reporting features.
  • Adoption Rate: The compliance team can fully adopt the solution within 2-4 weeks, ensuring quick ROI realization.
  • Training Costs: Training costs are considered part of the implementation and are factored into the assumed solution cost.
  • FTE Rate: The average FTE hourly rate encompasses all users who may interact with the system proportionately to how much time they would be spending managing risk — end users/non-risk professionals, risk managers, and executive-level users, and all in between.
  • Modules Included: Policy & Procedures, Regulatory Library, Contracts Management, Organizational Structure Management, Strategy Execution, Governance Management, Risk Management, Document Management, Conflict of Interest Management, Vendor Oversight, Audit Management, Corrective Action Plans (CAP), and Dashboards & Reporting.
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