Hyperproof is a cloud-based platform that aims to simplify GRC processes for companies that need to comply with multiple regulatory standards, requirements, and frameworks. It helps organizations document and maintain compliance frameworks, policies, and procedures more efficiently.
One of its key features is risk assessment. It helps businesses identify potential risks across various frameworks — from ISO and HIPAA to PCI and GDPR. The software then allows users to prioritize, track, and mitigate them.
Companies can also create a central repository of vendor information, ensuring vendor compliance across multiple IT standards and certifications.
Hyperproof can automate workflows and ensure that systems meet compliance requirements while providing a detailed audit trail. Automated workflows let users mitigate risks much faster, reducing non-compliance chances. It allows organizations to create, distribute, and manage policies, ensuring they are easily accessible to employees who need them. The platform also has an online training module that companies can use to train employees on various policies, frameworks, and standards.
Hyperproof integrates with third-party tools like project management, communication, and automation platforms. This integration gives businesses a holistic view of their GRC posture and helps them identify gaps in their processes or controls. Its real-time reporting and analytics capabilities give companies critical insights into their GRC programs.
The software provides comprehensive dashboards and reports that help businesses track compliance status, identify trends, and generate actionable insights.
Hyperproof allows team collaboration and communication, including assigning tasks, sharing files, and monitoring progress. This ensures that everyone is on the same page and can access the latest information.
Hyperproof Features
Hyperproof offers a simplified approach to GRC. This enables teams to collaborate more effectively and seamlessly with the help of the following features:
Forecasting
The forecasting module leverages data sources such as audit logs, control reports, and incidents to generate insights about potential risks and gaps. It applies artificial intelligence and machine learning algorithms to analyze the data, identify patterns, and predict future events and breaches.
Hyperproof’s powerful analytics provide users with actionable insights and recommendations to prevent and plan for future risks.
Compliance program templates
Hyperproof’s compliance program templates are built to be flexible, allowing businesses to customize them to their specific needs. The templates are organized into a series of control categories, which provide a blueprint for enforcing various security and privacy controls.
This categorization makes it easy for users to understand the rules they must implement and ensures they meet their framework requirements. The templates also update continuously to reflect changes in compliance frameworks. Companies can be confident that their compliance programs are up-to-date and aligned with the latest standards.
Users receive updates automatically, reducing the need to maintain compliance programs.
Control ownership
Organizations can reduce the possibility of unauthorized changes to control designs and settings by assigning control ownership responsibilities to specific employees. This is a crucial security feature as incidents of data breaches and cyberattacks continue to grow and evolve.
It also facilitates better alignment of GRC programs with business goals and enhances overall GRC visibility and accountability.
Evidence management
This feature provides a centralized repository for collecting, organizing, and managing all compliance-related evidence. It enables users to upload, tag, and classify evidence based on regulatory requirements and controls. Hyperproof allows users to track the status of evidence, including when it was last updated and by whom.
This simplifies validating compliance status during audits, giving professionals greater confidence in their compliance posture.
Audit trail
Hyperproof’s audit trails provide detailed information that helps analysts and auditors investigate incidents and determine who is responsible. It includes change logs, event logs, and other critical information that can assist with remediation, continuous improvement, and problem management. Hyperproof can also comprehensively explain how an organization manages its compliance obligations and risks.
It also captures all external compliance activities, such as regulatory changes and compliance policy revisions. This feature is tamper-evident, ensuring that organizations comply with regulatory requirements and maintain the highest levels of integrity in their audit data.
Filterable dashboards
Users can create a dashboard for each GRC object and set up filters based on their unique needs. They can focus on key risk indicators, enabling them to make better decisions and take appropriate action. It also helps organizations analyze their performance in various areas, such as policy development, training, and incident management.
The software provides data visualization and analytics tools that enable businesses to assess their performance and find opportunities to improve GRC management.
Automated reminder workflows
The platform allows teams to automate repetitive compliance tasks like policy renewals, license expirations, or contract reviews. Instead of manually creating reminders and sending them to relevant stakeholders, Hyperproof enables administrators to set up automated workflows. The system will then send prompts to the appropriate parties based on designated timelines, ensuring compliance tasks are not forgotten or overlooked.
This feature can integrate with tools like calendars or email clients. Stakeholders can receive reminders via their preferred method: a calendar, email, or push notification.
Vendor assessment and criticality
Hyperproof automates the vendor risk assessment process, providing a comprehensive and uniform analysis of the risks posed by each vendor. The platform allows for easy vendor information management, including classifications and risk levels, making prioritizing and managing risk mitigation efforts across multiple vendors easier.
Risk register
Hyperproof provides an intuitive interface for users to add and edit risks, set mitigation plans, and monitor their progress efficiently. The platform offers various attributes and fields that allow organizations to capture every detail about the risks specific to their business. These attributes help companies prioritize risks, determine their impact on their respective departments, and set mitigation efforts in motion.
Archiving and retention
The feature provides several useful controls for organizations to control retention periods for different compliance policies and regulations. Users can tailor records retention plans to fit the regulatory environment of their industry and keep data long enough to defend against any legal claims that may arise in the future.
Audit-level reporting
Hyperproof provides organizations with a systematic way to manage, monitor, and report on their compliance efforts. Users can select data sources, fields to include, and the report format. They can also set the frequency and scope of their reports, ensuring they receive real-time insights into their compliance processes and allowing for quick response times to any compliance breaches.
Benefits of Hyperproof
Hyperproof provides businesses with a distinct advantage by streamlining their processes so they can identify and resolve issues that significantly impact their operations. With a Hyperproof subscription, users can expect the following benefits:
Improved collaboration and accountability
Governance is essential, and good governance requires robust collaboration and accountability across all levels of an organization. Hyperproof offers a collaborative environment while also promoting accountability. The platform provides a clear and organized picture of compliance and risk management, ensuring that stakeholder collaboration and communication are efficient and effective.
Furthermore, the solution tracks user actions and changes to risk and compliance management activities, comprehensively promoting transparency and accountability.
Streamlined compliance management
Compliance management is a complex, time-consuming, and daunting task, regardless of industry or organization size. Hyperproof automates the workflow and manages compliance documentation, assessments, and certifications in one centralized location.
This automated process saves users time, effort, and money, freeing up resources that can be allocated to other critical business functions.
Customizable features and reports
Every organization has unique requirements when it comes to GRC. Hyperproof is designed with customization in mind, ensuring that users can tailor the solution to their specific needs. Customizable features enable accurate reporting, as reports can be generated to meet specific compliance requirements.
The flexible reporting feature allows users to extract the necessary information to comply with regulatory bodies.
Enhanced risk identification and management
Risk management is essential to GRC, and implementing an effective process can be challenging. Hyperproof enhances ‘risk management’ by breaking down the process into evaluation, mitigation, and ongoing monitoring. The platform generates an automated risk management framework that assists users in identifying risk areas and implementing mitigation strategies.
By utilizing Hyperproof, users can be confident that they are taking proactive measures toward reducing risk exposure.
Hyperproof Pricing
Hyperproof offers a flexible pricing model that allows users to scale up or down depending on their changing compliance needs. Interested parties may book a demo through the website and request a custom quote.
Top 5 Hyperproof Alternatives
Intellect QMS
Intellect provides a flexible enterprise Quality Management Software (eQMS) solution and platform designed to meet any FDA and ISO compliance requirements, as well as digital transformation goals. Built on the Intellect Compliance Platform, Intellect’s no-code platform, Intellect offers what they describe as the most configurable eQMS solution in the industry.
Intellect’s eQMS is a centralized and integrated solution to manage quality needs, today and tomorrow. The vendor boasts over 19 years of experience helping organizations meet their compliance and quality needs.
Splunk Enterprise
The Splunk Enterprise platform allows users to process and index most forms of data in their native format. It includes data indexing tools, which enable users to locate specific data across large data sets. The software is designed to serve users with limited technical expertise.
A key selling point is the platform’s scalability, which allows it to grow with the amount of data it is needed to process; up to at least 100 terabytes per day. To ensure users always have access to their data, even in the event of a system disruption, this platform features built-in failover and disaster recovery capabilities. Deployment options include both on-premise and SaaS (Software as a Service).
Subscription pricing is based on the amount of data indexed per day, and pricing decreases as the amount of data indexed increases. There are perpetual and term license pricing options as well.
Nlyte DCIM
Nlyte Data Center Infrastructure Management (DCIM) is designed to help businesses plan, manage and automate the entire infrastructure lifecycle including data centers and hybrid-cloud resources. It enables administrators to forecast the capacity impact of data center projects on space, power, cooling and networks by analyzing what-if scenarios.
Features of Nlyte DCIM are workflow automation, change management, auditing, reporting, compliance management, data collection, risk management and more.
The asset lifecycle management system enables teams to capture changes at the time of goods receiving, provisioning, and decommissioning. Additionally, the application provides a reporting module, which lets supervisors gain insights into asset changes through automated reports and key performance indicators (KPIs).
Nlyte DCIM comes with an application programming interface (API), which facilitates integration with several configuration management databases (CMDB) and IT service management (ITSM) platforms. Pricing is available on request and support is extended via phone, email and other online measures.
Risk Cloud
LogicGate Risk Cloud® is a no-code governance, risk, and compliance (GRC) platform that scales and adapts to your changing business needs and regulatory requirements. It combines a suite of purpose-built Applications with intuitive technology that allows risk professionals to form, evolve, and communicate a market-leading risk strategy.
Risk Cloud helps risk and compliance leaders to:
- Go beyond the point solution with a risk and compliance management platform that scales
- Keep pace with business and regulatory change
- Automate GRC programs and shorten audit cycles
- Build a centralized view of assets, risks, and controls
- Unlock a proactive risk management strategy
- Quantify and communicate risk within the business context
- Connect risk management ecosystem
Onspring
Onspring is a cloud-based, no-code software for reporting, analysis, process management, and coordination. It is a connected solution for Governance, Risk & Compliance, ITSM, and Business Operations that creates efficiencies for your teams and put key metrics at your fingertips anytime and everywhere.
The central project portal allows teams to collaborate on internal projects, client deliverables, and company initiatives, with the ability to track project status, documentation, milestones, ownership, and more.
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