Top 10 Governance Solution Providers 2023
Governance is a critical aspect of an organization's operations, ensuring that the entity adheres to its objectives, meets its obligations, and manages its risks effectively. Governance, Risk, and Compliance (GRC) is a framework that provides organizations with a holistic approach to managing their operations effectively. Governance is an important component of GRC because it provides the framework for managing risks and ensuring compliance.
Governance trends in GRC are constantly evolving as organizations face new challenges in managing their operations effectively. One of the major trends is the adoption of technology-driven solutions to enhance governance activities, such as using artificial intelligence (AI) and machine learning (ML) to automate compliance processes and improve risk management. Another trend is the increased focus on transparency and accountability, with organizations placing greater emphasis on stakeholder engagement and communication to build trust and confidence. This includes establishing ethical and sustainable practices, promoting diversity and inclusion, and ensuring compliance with social and environmental responsibilities.
To make this process more streamlined, our team of researchers, analysts, and editorial team has shortlisted a set of companies that stand out from the crowd. The companies included in the list offer some of the most innovative as well as exclusive solutions that could create an impact in the governance sector.
Company:
Beyond Governance
Management:
Erika Eliasson
Designation:
CEO
Headquarters:
New York, NY
Website:
beyondgovernance.com
Beyond Governance offers a range of services that are designed to help organizations build effective governance frameworks, manage risk, and comply with applicable laws and regulations. These services include board evaluation, risk assessment, strategy development, compliance reviews, and training and education. One of the key strengths of Beyond Governance is its team of highly experienced and knowledgeable consultants, who bring a wealth of expertise and insights from a range of industries and sectors.
Company:
CFM Partners
Management:
Beth Murphy
Designation:
President & CEO
Headquarters:
Washington, Columbia
Website:
cfmpartners.com
CFM Partners is a Governance, Risk, and Compliance (GRC) technology and intelligence solution provider located in Washington, DC. They build practical, cloud-based, tools that help companies improve the performance of GRC-related issues.
Company:
ContractZen
Management:
Markus Mikola
Designation:
Founder & CEO
Headquarters:
Palo Alto, CA
Website:
contractzen.com
ContractZen is a Finnish cloud technology company founded in 2014. The all-in-one SaaS solution includes metadata-driven contract management, an all-digital board portal, virtual data rooms (VDR), secure e-signatures, and more. Easy to use on any device, ContractZen improves corporate governance and business operations by reducing costs, accelerating processes, and minimizing risks. The company has customers in over 30 countries and is owned by leading Finnish and international lawyers and other private investors.
Company:
Diligent
Management:
Brian Stafford
Designation:
CEO
Headquarters:
New York, NY
Website:
diligent.com
Diligent is the largest governance, risk , and compliance (GRC) SaaS provider, serving more than one million users from over 23,000 organizations around the globe. One million users and more than 700,000 board members and leaders rely on Diligent software to connect insights across governance, risk, compliance, audit and ESG to drive greater impact and lead with purpose.
Company:
DiliTrust
Management:
Yves Garagnon
Designation:
CEO
Headquarters:
France
Website:
dilitrust.com
DiliTrust, Legal with Human Intelligence. We reveal the Legal department's impact with SaaS solutions for Legal professionals. We deliver amazing Customer Satisfaction with a rate of more than 97% delighted customers. • We cover key domains to transform legal and corporate governance practices. Our Governance Suite provides extended functional coverage. It is a single source of truth that you can trust, with an amazing User Experience.
Company:
Exterro
Management:
Bobby Balachandran
Designation:
President & CEO
Headquarters:
Beaverton, OR
Website:
exterro.com
Founded in 2008 based on the belief that e-discovery is a business process like any other, subject to measurement, management, and optimization, Exterro has grown organically and through acquisitions into the industry leader providing legal technology’s only comprehensive Legal GRC software platform. Today, firm's passionate, talented, and experienced leadership team leads our efforts to deliver industry-defining software and world-class service to our partners and clients.
Company:
MetricStream
Management:
Gaurav Kapoor
Designation:
Co-CEO & Co-Founder
Headquarters:
San Jose, CA
Website:
metricstream.com
MetricStream is the global SaaS leader of Integrated Risk Management (IRM) and Governance, Risk, and Compliance (GRC) solutions that empower organizations to thrive on risk by accelerating growth through risk-aware decisions
Company:
ModelOp
Management:
Pete Foley
Designation:
Co-founder & CEO
Headquarters:
Chicago, IL
Website:
modelop.com
ModelOp is the leading AI Governance platform for enterprises and helps G2000 organizations safeguard all models — including LLMs and generative AI — without stifling innovation. Through automation and integrations, ModelOp enables enterprises to address the critical governance and scale challenges necessary to fully unlock the transformational value of enterprise AI and Machine Learning investments.
Company:
Rational Enterprise
Management:
Simone Lesforis
Designation:
Director
Headquarters:
Albany, NY
Website:
rationalenterprise.com
Rational Enterprise is a provider of Information Governance and eDiscovery software and services specifically designed for law firms and corporations. Rational Enterprise offers software solutions for law firms and corporations in information management, compliance, and e-discovery.
Company:
TMF Group
Management:
Aynsley Vaughan
Designation:
Global Head of Global Entity Management, Private Wealth and Family Office
Headquarters:
London, UK
Website:
tmf-group.com
TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. Our 9,100 experts and 120 offices in 86 jurisdictions worldwide serve corporates, financial institutions, asset managers, private clients and family offices, providing the combination of accounting, tax, payroll, fund administration, compliance and entity management services essential to global business success. We work with 60% of the Fortune Global 500 and FTSE 100, and almost half the top 300 private equity firms, covering sectors as diverse as capital markets, private equity, real estate, pharmaceuticals, energy and technology. TMF Group – we make a complex world simple.