BWise vs. Clear Analytics

- What does our organization aim to achieve with the application? - Who will be using the tool? - How mature is our organization in the areas/processes that will fall in scope? - Are our areas averse to change? - How flexible and prone are our areas to modify their way of doing business and processes/procedures to accommodate BWise? - After implementation, who and how will perform application maintenance and change management (e.g. how easy will it be to update user privileges, central catalogs, assessment configurations, etc).

Incentivized

Clear Analytics has almost all the features which are mostly required by the organizations for their data analytics and transformation activities. Clear Analytics is built on the support of a parallel query engine which makes it handle large volume requests and also provides optimized results. However, every solution has some limitations, Clear Analytics lacks advanced features such as Predictive Analytics which is a very demanding feature in the market as most organizations are adopting AI/ML automation for their businesses. Also, it needs to add a lot of advanced visualizations so that the user has the choice of selection. Overall a good solution to be recommended.

Incentivized

• Great reporting tool (uses SAP Business Objects). It is quite flexible on types of reports that can be created and supported. Also the reporting consultants are very competent and nice.
• Highly customizable solution: almost everything can be tailored to an organization's needs, assessments, audits, issues, recommendations, tasks, etc. However, there's a trade-off between customization and the integration of different areas of the organization.
• Increases visibility and efficiency in the organization. BWise offers centralized repositories (catalogs) that can be easily accessed and used by everyone in the organization (e.g. Process catalog, Policies and Procedures catalog, Risks, Controls, Laws catalogs, etc.). Also, the application allows findings on controls tested by Audit to be automatically reflected in controls monitored by SOX for example, without the need for SOX to retest them. So one area can leverage on the work of other areas increasing operational efficiency.
• Increases integration and avoids silos. By choosing the correct design (e.g. Risk Workshops instead of Open Assessments), one area can see and benefit from another areas' work. An example was mentioned above; another would be Operational Risk area considering the results of Business Continuity, Vendor Management, Info Security, etc. assessments when carrying out theirs. Additionally, processes can be integrated: when contracting a new vendor for instance, one can include questions about data confidentiality and usage of models in the Vendor risk assessment. Answers to these could then trigger Info Sec / Model Risk assessments.
• Increases accountability. Application provides full audit/change log with the type of change, name of executor, and date of change.
• Easier follow-up. BWise sends automatic emails with reminders to the people required to take action on an issue, assessment, etc.

Incentivized

• Integrates directly with Power BI and Excel
• Helps wrangle, filter and visualize data
• Presentation of large data in a summarized manner

Incentivized

• Integration with SAP for continuous control monitoring.
• Control mapping to standards: ISO; COSO; COBIT; HIPAA; SP800_53 (NIST); FedRAMP; PCI_DSS; BITS; GAAP; AICPA; BSI; CCM; COPPA; CSA
• Surveys.

Incentivized

• For Charts and Graphs , getting the Power Point Deck would be helpful. As of now we use the data from Excel Reports

Incentivized

BWIse is very flexible, and an affordable GRC tool.

Incentivized

I found BWise to be very intuitive and user friendly.

Incentivized

I have really enjoyed working with Clear Analytics. This platform has contributed to increased production and reliable data control processes. It has flexible user interface that can be operated by any organization member. Reports are shared on simple and transparent way in the dashboard for easy access. Data analytics from all departments have created manageable working environment that have increased production.

Incentivized

BWise support is knowledgeable and responsive. Bug fixes and development are also timely and ongoing.

Incentivized

Clear Analytics has very good team members in Consulting as well as in Customer Support. The support agents are capable of providing the required resolution of your queries in a timeline provides. They have a clear understanding of the product and its features, and they are friendly in nature. However, for some advanced or level 2/3-based queries, they required some more time to respond, which is ok.

Incentivized

The main issues were managing the internal conflicts and competing objectives, rather than the capability and implementation of BWise itself.

Incentivized

Wasn't personally involved in the vendor selection process. I am aware that one of the main drivers for selecting BWise was cost (I believe BWise total project cost was several times lower than MetricStream's).

Incentivized

We didn’t choose this software because we found it didn’t adjust to what we really needed to do as a small business.

Incentivized

• Increased employee efficiency especially considering incident management and follow up.
• Increased visibility and senior management information/awareness.
• Increased employee accountability.
• Reduction of silos.

Incentivized

• Super useful to get started immediately
• Didn't have to rely on migrating data
• Easy to add members
• Easy to learn and build charts

Incentivized