G2 Vendor Directory

TeamMate vs. Formalize

A side-by-side comparison based on G2 review data.

MetricTeamMate

by Wolters Kluwer

Formalize

by Formalize

Overall rating4.34.8
Review count61744
Ease of use8.58.8
Ease of setup8.39.2
Quality of support8.69.9
Meets requirements8.79.5
NPS47.35973697.727273
Small Business33.0%58.1%
Mid-Market30.5%39.5%
Enterprise36.5%2.3%
Total page views2,196236
Total LLM citations8,5121,476

TeamMate

In today’s complex risk landscape, organizations need more than isolated oversight, they need connected assurance. TeamMate delivers a unified approach by bringing audit, controls, risk, and compliance together into one integrated ecosystem, enabling teams to collaborate seamlessly while maintaining clear ownership and accountability. The TeamMate suite, TeamMate Audit, TeamMate Controls, and TeamMate Risk & Compliance, connects data, workflows, and insights across the Three Lines to provide a consistent, real-time view of organizational risk.

Pros

  • Ease of Use
  • Audit Efficiency
  • Customizability
  • Intuitive
  • Efficiency
  • Document Management

Formalize

Formalize transforms overwhelming compliance demands into actionable compliance workflows. No chaos, just clarity. Formalize streamlines compliance workflows and automates processes for, such as NIS2, ISO27001, SOC2, DORA, and more. Our GRC software provides flexibility in the compliance space where legal requirements for information security are continuously increasing. With our finger on the legal-tech pulse, we make sure our tool enables you to meet compliance with confidence.

Pros