Top 5 HyperComply Competitors

Cybersecurity is of paramount importance to your customers, so how do you step up your security protocols and gain their trust? 

One key aspect of maintaining security is the ability to effectively respond to security questionnaires. HyperComply, a popular solution in the market, aims to streamline this process. 

However, it's crucial to explore other alternatives to make an informed decision. 

In this article, we will delve into the top five competitors of HyperComply, analyzing their features, benefits, limitations, and pricing. Specifically, we’re covering:

Let’s dive in!

Overview of HyperComply

Before we dive into the alternatives, let's briefly recap what HyperComply offers. 

HyperComply is a platform that enables businesses to send and respond to security questionnaires efficiently. 

It automates the process, saving time and reducing the risk of errors. With HyperComply, businesses can streamline their security assessment workflows and ensure compliance with industry standards.

Despite its benefits, HyperComply does have some limitations.

Users have reported issues with the user interface, occasional glitches, and a lack of advanced features. 

These limitations have prompted businesses to explore other options in the market. 

Let's take a closer look at the top five HyperComply competitors and how they stack up.

Securequest

Securequest stands out as a superior choice when compared to HyperComply due to its comprehensive feature set that streamlines security assessments. With Securequest, businesses can automate the entire questionnaire response process, saving both time and effort. Leveraging AI-powered technology, Securequest completes vendor risk and cybersecurity questionnaires based on internal policies and procedures, resulting in highly accurate and comprehensive responses. This automation drastically reduces the manual effort needed, leading to faster response times and enhanced efficiency.

Benefits of Securequest

• Time-saving Automation: Securequest's AI-powered platform automates the completion of security questionnaires, reducing manual effort and saving valuable time. With a market leading AI engine, it can return a completed questionnaire in minutes.
• Comprehensive Responses: By utilizing internal policies and procedures, Securequest generates thorough and accurate questionnaire responses, ensuring compliance with industry standards. Simply upload your relevant security documents and watch the results auto populate.
• Increased Efficiency: With faster response times, businesses can streamline their security assessment workflows and focus on other critical tasks.
• Superior User Experience: Securequest really stands out from the competition with its superior user interface making it easy to navigate and use the platform.

Securequest Pricing 

The Securequest pricing is very competitive when compared to Hypercomply, with the following pricing available:

• Lite Plan: 3 completed security reviews per month @ $199 per month.
• Enterprise Plan: Unlimited completed security reviews per month @ $500 per month.

Responsive.io

Responsive.io is another strong contender in the security questionnaire automation space.

Their platform is mainly focused on the automation of the entire RFP process, however the tool does also feature the ability to respond to security questionnaires.

Benefits of Responsive.io

• Advanced Features : Responsive.io offers advanced features such as data integrations, collaboration tools, and reporting capabilities, enhancing the overall security assessment process.
• Flexible Pricing Options : Responsive.io provides flexible pricing options to cater to the varying needs and budgets of different businesses.

Limitations of Responsive.io

While Responsive.io has numerous advantages, it's important to be aware of its limitations:

• User Interface: Many users of Responsive report issues with the overall usability of the platform, calling out the interface as not being intuitive
• Auto-respond feature: When using Responsive, the other thing that prevents users from utilizing the tool fully is the lack of functionality in their auto-respond feature, when using the tool for security questionnaires this prevents quick responses.
• Bugs: Additionally, another limitation called out by users of Responsive is that there are a number of bugs in the tool that prevent users from utilizing it fully.

Responsive.io Pricing

There is no publicly available pricing on the page, pricing can be obtained through their sales team.

Loopio

Loopio is a comprehensive proposal and security questionnaire automation platform. While its primary focus is on RFP response automation, Loopio also offers features for handling security questionnaires effectively.

Benefits of Loopio

Loopio provides the following key benefits:

• Streamlined Proposal and Security Questionnaire Management : Loopio's platform enables businesses to manage both proposal responses and security questionnaires in a single centralized location.
• Efficient Collaboration : Loopio's collaboration features facilitate seamless collaboration among team members, enabling them to work together to complete security questionnaires more effectively.

Limitations of Loopio

While Loopio offers numerous advantages, it's important to consider its limitations:

• Focus on Proposal Management: Loopio's primary focus is on proposal management, and while it does offer security questionnaire automation capabilities, businesses seeking a dedicated security-focused solution may find alternatives more suitable.
• User Interface: Although users find Loopio useful, many have reported that the user interface is not as intuitive as users would like, making the platform difficult to use.
• Maintenance of Responses: Users have reported that the maintenance of documents uploaded into the platform that are then used as the basis for responses take a lot of maintenance including deletion and updating to get it to a point that it works effectively.

Loopio Pricing

There is no publicly available pricing on the page, pricing can be obtained through their sales team.

Stacksi

Stacksi is another tool that is focussed purely on security questionnaire responses.

Stacksi advertises itself as a NLP driven answering engine, that allows you to upload to and get automated questionnaire responses.

Benefits of Stacksi

Stacksi offers the following key benefits:

• Intelligent Answering Engine: Stacksi runs off a NLP engine, which is able to read and understand information that you feed it, and in return complete security questionnaires.
• Real-time Collaboration : Stacksi includes a feature that allows for easy collaboration between your team members and external clients. Share information securely and keep all back and forth centralized in a single place.

Limitations of Stacksi

• Manual checking needed: Although it bills itself as an automated security questionnaire solution, Stacksi also provides manual support for those questions that are not answered, meaning that it's not a fully automated system.
• Slowing down time to completion: Due to the fact that there is manual checking involved as part of the Stacksi process, it slows down the overall time to complete questionnaires which can be frustrating for your sales team.
• Acquisition: Stacksi was recently acquired by Safebase, meaning that the security questionnaire portion might not be focussed on as a core product limiting future product enhancements.

Stacksi Pricing

There is no publicly available pricing on the page, pricing can be obtained through their sales team.

Conveyor

Conveyor is a security questionnaire automation platform that simplifies the process of responding to security assessments. 

With its user-friendly interface and advanced features, Conveyor empowers businesses to streamline their security assessment workflows effectively.

Benefits of Conveyor

Conveyor offers the following key benefits:

• User-Friendly Interface: Conveyor's intuitive interface makes it easy for businesses to navigate and utilize the platform efficiently.
• Advanced Reporting: Conveyor provides detailed reports and analytics, enabling businesses to gain insights into their security posture and make informed decisions.

Limitations of Conveyor

While Conveyor has numerous advantages, it's important to consider its limitations:

• Accuracy rates: The Conveyer platform advertises their accuracy rates for security questionnaire response as between 80-90% which is less than some other alternatives such as Securequest that has a 95% accuracy rate
• Manual service offering: Conveyer also advertises a manual questionnaire answering service, which makes it seem that their AI powered platform is not robust enough to answer a high volume of security questionnaires.

Conveyer Pricing

Conveyer only advertises one pricing tier on their website, which comes in at $1,000 per year with limited features available for this price.

Hypercomply Competitors Reviewed

After analyzing the top five HyperComply competitors, it's evident that each platform offers unique features and benefits for businesses seeking to automate their security questionnaire responses. 

While HyperComply provides a solid foundation, businesses should consider their specific needs and priorities when selecting a solution.

Securequest emerges as the top choice among the alternatives. 

With its time-saving automation, comprehensive responses, and increased efficiency, Securequest offers a robust and reliable solution for businesses of all sizes.

Remember, when choosing a security questionnaire automation platform, it's essential to consider factors such as pricing, user interface, advanced features, and integration capabilities. 

By making an informed decision, businesses can enhance their security posture and streamline their overall security assessment processes.