G2 Vendor Directory

UpGuard Vendor Risk vs. Formalize

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

MetricUpGuard Vendor Risk

by UpGuard

Formalize

by Formalize

Overall rating4.54.8
Review count76944
Ease of use9.28.8
Ease of setup9.29.2
Quality of support9.29.9
Meets requirements8.99.5
NPS66.53543397.727273
Small Business11.1%58.1%
Mid-Market40.1%39.5%
Enterprise48.8%2.3%
Total page views2,846236
Total LLM citations4,1741,476

UpGuard Vendor Risk

UpGuard Vendor Risk is an AI-powered third-party cyber risk management (TPCRM) solution that empowers security teams to eliminate the response gap and take control of their vendor ecosystem. As part of the UpGuard Cyber Risk Posture Management (CRPM) platform, it integrates seamlessly with Breach Risk and User Risk to provide a unified defense against modern cyber threats. As organizations scale, their reliance on third-party vendors expands, creating dangerous blind spots across their supply chain.

Pros

  • Ease of Use
  • Security
  • Risk Management
  • Time-saving
  • Customer Support
  • Intuitive

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