Thoropass recognized as a leader in the G2 Winter 2024 Grid Reports including Audit Management, Cloud Compliance, and more

We’re thrilled to announce that Thoropass has been recognized as a Leader in an impressive 16 G2 Grid Reports this Winter—a testament to our commitment to simplifying complex compliance challenges for businesses of all sizes.

Our journey isn’t just about earning badges; it’s about transforming how companies approach compliance. Let’s dive into some of the key areas where Thoropass is making a difference:

Leader in the Audit Management category

Thoropass is honored to achieve Leader Badge status in the following reports for Audit Management:

• EMEA Regional Grid Report
• Europe Regional Grid Report
• Mid-Market Grid Report

About the Audit Management category

Audit Management considers software that helps companies streamline their audit processes and comply with regulations or internal policies. This type of software is used to define, implement, and monitor auditing procedures for multiple purposes, such as quality management, health, and safety, or environmental protection.

According to G2, Audit management software is most often used in heavily regulated industries such as chemicals, pharmaceuticals, health care, or food and beverage. Audit management tools can be used by compliance professionals or by operations managers to schedule audits and analyze results. Employees from departments such as manufacturing or distribution use this type of software to implement audit procedures and report the results to their managers.

Essential criteria for comprehensive audit management

To qualify for inclusion in the Audit Management category, a product must:

• Streamline audits: Audit management software helps businesses efficiently handle audits for compliance or internal policies, covering various areas like quality, safety, and environment.
• Have wide applicability: Used in regulated industries (pharma, healthcare) and by various departments (operations, manufacturing), it aids in scheduling, analyzing results, and implementing procedures.
• Be a comprehensive solution: Unlike financial audit software, it caters to all departments and audit types. Optimal results require data integration with quality management, ERP, and other relevant software.
• Include key features: Standard procedures, audit tracking with who/what/when details, industry best practices, workflow definition, corrective action recommendations, and customizable scheduling.
• Reporting & visibility: Delivers custom reports and dashboards to monitor key audit performance indicators (KPIs).

Leader in the Cloud Compliance category

Thoropass is proud to achieve Leader Badge Status for Cloud Compliance in the Momentum Grid Report.

About the Cloud Compliance category

Cloud Compliance software is used to ensure regulatory standards and provide compliance controls for networks and cloud infrastructure. These tools help improve visibility over cloud workloads and network flows. These workloads require continuous compliance for protection against server malware, container threats, and network intrusion. Companies use cloud compliance software to ensure continuous visibility over their cloud assets and reduce the risk of cloud-based threats. Properly implemented cloud compliance software will ensure a business’ security posture remains optimal at all times.

What makes an exceptional cloud compliance solution

To qualify for inclusion in the Cloud Compliance category, a product must:

• Be a cloud guardian: Cloud compliance software safeguards companies by enforcing regulations and offering controls for networks and infrastructure.
• Have full spectrum visibility: These tools provide continuous monitoring of workloads, network activity, and cloud assets, mitigating threats like malware and intrusions.
• Offer proactive protection: Businesses gain continuous oversight and minimize cloud-based risks with proper implementation.
• Have similar goals and a distinct focus: While cloud workload protection platforms share a security focus, they lack the extensive monitoring and auditing capabilities of dedicated compliance software.
• Offer core functionalities: Qualifying cloud compliance software enforces security policies, assesses risks, and facilitates continuous risk monitoring.

Leader in the Security Compliance category 

Thoropass is proud to have achieved Leader Badge Status for Cloud Compliance in the Small-Business Grid Report and Momentum Grid Report!

About the Security Compliance category

Security compliance software streamlines the complex process of documenting and managing cybersecurity frameworks for security audits. These tools help information security teams assess and document compliance across critical standards like SOC2, PCI DSS, ISO 27001, and NIST frameworks. By providing a systematic approach to evaluating security processes, the software transforms time-consuming audits into collaborative, accurate assessments.

Unlike broader GRC platforms that focus on financial and legal liabilities, security compliance software zeroes in on cyber risks and audit readiness. While similar to cloud compliance tools in monitoring infrastructure, its primary goal is automated evidence collection and comprehensive compliance documentation.

The making of a true security compliance champion

To qualify for this status, a solution must:

• Be a compliance champion: Security compliance software streamlines documentation for cybersecurity audits, aiding teams in managing and evaluating security processes.
• Have a framework focus: This ensures adherence to internal controls and industry standards like SOC2, PCI DSS, and various NIST frameworks.
• Offer streamlined assessments: Security analysts leverage the software to assess company systems, identify areas of compliance, and document findings.
• Feature effortless audits: Gathering compliance information becomes collaborative, accurate, and efficient, saving internal resources during audits.
• Have distinct functionalities: While similar to GRC platforms (broader risk management) and cloud compliance tools (infrastructure monitoring), security compliance software focuses on cyber risks and evidence collection for audits.

Leader in the Vendor Security and Privacy Assessment category

Thoropass is thrilled to be named a Leader in the Vendor Security and Privacy Assessment Grid Report!

About Vendor Security and Privacy Assessment

Vendor Security and Privacy Assessment software helps companies manage cybersecurity and privacy risk assessment processes when identifying, evaluating, and regularly reevaluating their vendors, service providers, and other third parties. The purpose of this software is to help companies understand the privacy and cybersecurity risks associated with doing business with specific prospective and existing third parties. Vendor security and privacy assessments often include reviewing and scoring a vendor’s cybersecurity policies, documentation, results of recent audits, certifications, and legal agreements on how sensitive or personally identifying data will be accessed, used, processed, or sold as defined by data privacy laws such as the GDPR or CCPA.

Key requirements for effective assessment tools

To qualify for inclusion in the Vendor Security and Privacy Assessment category, a product must:

• Enable vendors to own, manage, and publish a company profile containing cybersecurity and data privacy compliance information and documentation
• Allow companies to assess vendor profiles in a centralized catalog, as well as by utilizing workflow to engage with vendors and request documentation such as security questionnaires, audits, certifications, etc.
• Provide customer-facing teams with workflow to easily share access to the company’s vendor profile, including the ability to link to the profile on a company website or in marketing materials. Facilitate automated notifications, alerts, and reminders for specific actions, including upcoming assessments, profile access requests, etc.
• Support standardized security and privacy framework questionnaire templates commonly requested by customers, such as CAIQ, SIG, NIST, VSA, GDPR, ISO 27001, Privacy Shield, etc.

Leader in the Governance, Risk, and Compliance category

Thoropass is thrilled to receive Leader badge status in the newly created GRC Grid Report.

About the Governance, Risk, and Compliance category

GRC software provides a structured approach to aligning IT with business objectives, while effectively managing risk and meeting compliance requirements. This category of software is designed to help companies of all sizes.  

For software to land on G2’s GRC Grid report they provide a rigorous evaluation of industry offerings, carefully selecting products that meet stringent criteria. To be featured, each solution must accumulate at least 10 user reviews by mid-November, ensuring a robust and representative assessment. They rank these products through a dual lens of customer satisfaction and market presence, strategically positioning them across four distinctive categories that provide meaningful insights for professionals seeking the most effective and reliable compliance tools.

Pillars of an effective GRC program

To quality for this category, a solution must be able to:

• Establish and maintain a framework for governance: Define policies, procedures, and internal controls to ensure ethical behavior, responsible decision-making, and accountability.  
• Identify and mitigate risks: Proactively identify potential threats, assess their impact, and implement strategies to minimize their likelihood or consequences. This includes risks related to finance, operations, legal, environmental, and IT security.  
• Ensure compliance with laws and regulations: Meet regulatory requirements and industry standards (e.g., SOX, HIPAA, GDPR) through policy enforcement, audit trails, and reporting.  

Learn more about the world’s favorite compliance solution

Stop viewing compliance as a burden and start utilizing it as a strategic advantage. Thoropass’ award-winning solution is designed to make complex regulatory challenges simple, manageable, and even empowering.

Book a demo today and discover how we can streamline your compliance process so you don’t just meet standards – you exceed them.