NAVEX Global launched NAVEX One in 2020. It is described by the vendor as a complete GRC platform, providing a comprehensive set of applications and workflows integrated into a single platform, for compliance, legal, or HR professionals.
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OneSumX
Score 9.0 out of 10
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OneSumX, from Wolters Kluwer, is a product line providing compliance management, risk management, and financial crime control.
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Pricing
NAVEX One
Wolters Kluwer OneSumX
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NAVEX One
OneSumX
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
NAVEX One
Wolters Kluwer OneSumX
Features
NAVEX One
Wolters Kluwer OneSumX
Governance, Risk & Compliance
Comparison of Governance, Risk & Compliance features of Product A and Product B
NAVEX One
7.8
Ratings
4% above category average
Wolters Kluwer OneSumX
9.0
Ratings
18% above category average
Common repository of GRC items
8.50 Ratings
9.00 Ratings
Risk management
7.60 Ratings
10.00 Ratings
Integration with Corporate Performance Management (CPM) systems
We have used PolicyTech for over 13 years. We have found it to be a robust solution, that has great technical support, and that continues to evolve as technology changes. If a business is looking for a solution to support best practices in policy and procedure development and distribution, there is no better solution than PolicyTech. We currently use PolicyTech’s SAS service. This solution would not be as effective for business environments that do not have computers for their employees to access on a daily basis.
Wolters Kluwer OneSumX is a perfect fit for almost all financial risk management needs. More to running financial risk analytics to help you keep an eye out on any possible financial risk, it offers outstanding functionalities in entire business regulatory analytics and reporting to help you run your business within its regulatory compliance.
One of the main features and functions that I like about NAVEX One is the proper management and number of solutions that it provides to my documents to achieve a better corporate response.
Thanks to the help of NAVEX One I can have a better control of the risks in my work area, this is thanks to the versatility that this software has to address and manage all aspects of my organization.
It is easy to run various scenario analyses and stress testing on various financial activities in order to get useful metrics about possible financial risks.
It allows one to easily and fast process even huge amounts of data thus saving time and resources spent performing these activities.
It is flexible and easy to customize in order to fit your working criteria so as to best meet your financial risk management needs.
It is easy to have a full review of the entire balance sheet for easy data modelling.
Navex is best intuitive and satisfied all the security & compliance requirement. ServiceNow GRC is complex & not easy to deployable.. also need that cost effective solution. Even it was tough to customize initially but later after doing fine-tuning with policies & process we got best insights & inputs from solution .
Everything about Wolters Kluwer OneSumX stands out when compared to other similar products. Talk of its well-organized interface and dashboard, the number and quality of financial risk management features all the way to the quality of the support offered by the support team. Its ease of deployment is another standalone factor.
We've been able to decrease the staff time and travel expense to review documents via committee
The staff has access to the most up to date version of policies, procedures, and forms. It has decreased the utilization of dated forms.
We've been able to expedite the policy, procedure and document review for onsite accreditation visits and the ability to provide online access to regulatory bodies/oversight agencies has simplified audit/review/corrective action immensely.
It has helped us to streamline our financial risk management experience such that we are able to detect possible financial risks in good time and deal with them accordingly.
It has helped us to generate accurate and transparent regulatory reports that
guides us in ensure regulatory compliance is met.
It has allowed us to run analyses on our financial processes based on different scenarios in order to detect possible financial risk threats.
