Side-by-side comparison of AI visibility scores, market position, and capabilities
GRC platform specializing in vendor risk management and third-party risk programs; acquired CyberGRX in 2022 adding a cyber risk exchange network;
ProcessUnity is a Concord, Massachusetts-based governance, risk, and compliance platform that provides enterprise risk teams with tools for managing vendor and third-party risk, enterprise risk, IT GRC, and compliance programs. The company's Third-Party Risk Management platform automates the full vendor lifecycle from onboarding risk assessments through ongoing monitoring and offboarding, providing risk scores, issue tracking, and remediation workflows for managing large vendor portfolios. ProcessUnity acquired CyberGRX in 2022, adding a cyber risk exchange network and predictive risk analytics to its workflow automation capabilities. The combined company serves financial services, healthcare, insurance, and other regulated industries that face regulatory requirements to demonstrate third-party risk management programs. ProcessUnity integrates with internal GRC systems, procurement platforms, and threat intelligence feeds to provide a comprehensive view of third-party risk. Founded in 2010, the company has been backed by private equity and serves hundreds of large enterprises globally. It competes with OneTrust, ServiceNow GRC, and Archer in the enterprise third-party risk management market.
ServiceNow (NYSE: NOW) GRC module on $10.98B platform automating risk, compliance, and audit for 200+ enterprises; native Now Platform integration competing with OneTrust for enterprise GRC in the $51B market.
ServiceNow GRC (Governance, Risk, and Compliance) is the integrated risk management module within the ServiceNow Now Platform — operated by ServiceNow, Inc. (NYSE: NOW), a Santa Clara, California-based enterprise workflow automation company generating $10.98 billion in subscription revenue in fiscal year 2024 (+22% year-over-year) — providing compliance officers, risk managers, and internal audit teams at large enterprises with policy management, regulatory compliance automation, enterprise risk assessments, audit management, and vendor risk management unified on the same ServiceNow platform that already runs their IT service management, HR workflows, and security operations. ServiceNow GRC serves over 200 enterprise customers and competes in the $51 billion global GRC software market projected to reach $84 billion by 2030.
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