Janardhan NCybercrime is costing the world billions, with projections indicating a global cost of $10.5 trillion by 2025, up from $9.5 trillion in 2024.
This is a serious problem, but the bigger question is: where does your business stand?
Here’s the reality: 60% of GRC users are still managing compliance manually with spreadsheets. And 1 in 3 organisations admitted they can’t manage risk effectively with their current GRC program.
Too many businesses are still stuck in the old way of doing things – manually checking compliance controls only before an audit or when absolutely necessary.
And if you’re one of them – still relying on spreadsheets or traditional tools, then you’re exposing yourself to threats you might not even notice until it’s too late.
These statistics reveal today’s reality. According to Drata’s survey, 40% of teams use automated compliance checks, 55% undertake manual reviews, and 5% only review when required, such as before an audit.
The need for a complete Governance, Risk, and Compliance (GRC) platform has never been more important. It’s time to ditch the spreadsheets and manual processes and streamline compliance and risk management with the right tools.
Mitigata: Leading GRC Service Provider in India
Mitigata is a full-stack cybersecurity company that provides advanced GRC solutions through its Mitigata Console. This platform provides a real-time, centralised view of your organisation’s risk and compliance posture, enabling businesses to track and manage risks more effectively.
Key Features of Mitigata GRC Platform:
- Ongoing development: The system continuously updates your strategies and helps to identify and update existing strategies.
- Affordable and Scalable: It automates mundane tasks, saving on the cost of purchasing third-party services and manual labour, which is both time-saving and cost-effective.
- Real-Time Alerts and Reporting: You’ll receive instant alerts if a compliance gap is identified, allowing you to address it promptly before it escalates.
- Streamlined Management: It provides a single, centralised dashboard to handle everything—from identifying risks to reporting on compliance.
- Control Status: You can track the progress of all tasks, whether they’re pending, ongoing or completed.
Why Trust Mitigata?
- We Simplify Your GRC: We eliminate the manual work associated with compliance, risk management, and audits, such as gathering evidence and reminders about compliance deadlines, so you can focus on strategy. We offer you one platform to manage governance, risk, and compliance.
- We are your partner, not just a vendor: We offer a simple onboarding experience, free training and a customer support team that’s available 24/7.
- We Grow With You: You receive a fully customizable platform that seamlessly integrates with your existing tools.
- We keep you audit-ready: Whether it is SOC 2, ISO 27001, or GDPR, Mitigata covers all the major standards, so you don’t have to worry about being ready.
One platform to Manage governance, risk, and compliance.
Track open risks, control status, vendor assessments, and audits instantly with Mitigata’s cost-effective and scalable GRC platform.
Best GRC Software Platforms in India
We’ve carefully curated the following list of the best GRC tools in India. We’ve listed their features to help you efficiently manage risks, compliance, and governance across your business.Sprinto
Sprinto is another popular GRC tool in India that automates and streamlines security and compliance management. Sprinto’s user-friendly interface allows companies to remain on top of regulatory requirements, audits, and risk mitigation initiatives.Key Features of Sprinto GRC:
- Automated Compliance: Streamlines adherence to industry requirements.
- Real Time Visibility: Sprinto provides “dashboards” that allow organisations to know instantly where they stand regarding ongoing audits, controls and other compliance activities
- Pre-Built SaaS Integrations: Sprinto connects directly to cloud tools (AWS, Google Workspace, Slack, etc.), eliminating the hassle of user data gathering.
- Audit Tracking: Easily track ongoing and pending audits, view project statuses, and review timelines.
- Third-Party Risk Management: Sprinto enables organisations to manage and assess vendor risks with ease.
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AuditBoard
AuditBoard is another top GRC platform that offers advanced tools for internal audit, risk management, and compliance. It is particularly useful for businesses seeking to manage complex audits and risk frameworks in one centralised location.Key Features of AuditBoard
- Centralised Risk and Compliance Hub: It removes the need to juggle between tools and simplifies governance processes.
- Automation of Audit Workflows: It automates repetitive and mundane audit activities, such as testing and documentation, leading to increased accuracy and efficiency.
- Automation of Evidence Collection: Eliminates audit fatigue by extracting data directly from systems, rather than manually uploading it.
- Audit Management: Real-time tracking speeds up the audit process while also generating detailed, customisable audit reports.
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LogicGate
LogicGate GRC is one of the top GRC tools designed to enhance operational performance and risk management using automation and quantitative analytics. LogicGate offers scalable GRC solutions for organisations of all sizes.Key Features of LogicGate GRC:
- Automated Reminders: Notifies responsible personnel about forthcoming assignments, deadlines, or missing evidence to keep compliance momentum going.
- Control Cross-Mapping: Use the same controls across multiple compliance frameworks to save time and reduce duplication.
- Third-Party Risk Oversight: Assesses and monitors vendor security risks as part of the compliance strategy.
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Hyperproof
Hyperproof ranks among the top GRC software companies, offering seamless integration of compliance and risk management processes with a focus on minimising manual tasks and optimising efficiency throughout the regulatory process.Key Features of Hyperproof GRC:
- Evidence Management Hub: stores and organises all evidence of compliance in one safe and organised place.
- Automated Reminders: notify the assigned staff of upcoming tasks, deadlines, or missing evidence, ensuring the compliance process maintains its momentum.
- Control Cross-Mapping: Reuses the same controls across multiple compliance frameworks, thereby preserving work and eliminating control duplication.
- Third-Party Risk Oversight: it evaluates and monitors the vendor security risks as part of compliance planning.
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ZenGRC
ZenGRC offers one of the best GRC platforms, providing a simple and effective way to manage compliance and risk across various sectors. It helps businesses decrease complexity by giving a consolidated view of risks, audits, and regulatory responsibilities.ZenGRC has the following key features:
- Central Compliance Dashboard: Provides a unified view of risks, policies, and audits to help you make smarter decisions.
- Customizable Reports: Creates custom reports for auditors, executives, and compliance teams.
- Audit Management: Tracks and reports on audits using simple tools.
- Third-Party Risk Management: Identifies and mitigates the risks associated with third-party vendors and contractors.
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Workiva
Workiva is a popular GRC tool that combines financial, operational, and regulatory reporting with compliance management. It simplifies complex operations with an intuitive interface, making it popular among large enterprises.Key Features of Workiva GRC:
- Integrated Reporting Platform: Combines compliance and risk reporting into a single system, minimising duplication.
- Secure Document Collaboration: With version control, multiple teams can collaborate on compliance documentation simultaneously.
- Data Connectivity: Connects compliance data from several business systems for more precise reporting.
- Audit & Control Tracking: Continuously monitors audit progress and control effectiveness.
From Policy to Proof, Manage Everything in One Place.
Mitigata GRC streamlines compliance tasks so you save time, reduce errors, and focus on what really matters.
MetricStream
MetricStream is one of the best GRC software noted for its scalability and versatility. It assists businesses of all sizes in managing risk, compliance, and audits, delivering actionable information for better decision-making.
Key Features of MetricStream GRC:
- Enterprise-Wide GRC: Handles governance and compliance functions for multinational organisations.
- AI-Powered Risk Analytics: Uses machine learning insights to identify trends and predict possible compliance issues.
- Full Audit Lifecycle: It includes audit planning, execution, findings, and follow-ups in a unified workflow.
- Third-Party Oversight: Offers detailed insight into vendor risks throughout the supply chain.
Conclusion
Choosing the best GRC platform isn’t simple. Among several global players, Mitigata sets itself apart in India as a full-stack cyber resilience company built to handle today’s risk and compliance challenges.
With real-time visibility, automated monitoring, and end-to-end control management, we help businesses stay secure, compliant, and audit-ready without the hassle.
Ready to simplify risk management? Talk to our experts today and take charge of your organisation’s risk posture with confidence.
