CURA provides smarter software solutions designed to enable businesses around the world to quickly achieve the bottom line benefits of Governance, Risk and Compliance (GRC). The slicing tool is used in education, as well as by both novice and experienced makers and by businesses for rapid prototyping and iterating. The caveat is the price — $150 for use on two computers. The price tag comes with a number of key benefits however.
Shlomi Lavi / Sep 30, 2020
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What is Cura GRC's cost rating? (5/10)
When comparing Cura GRC to their competitors, on a scale between 1 to 10 Cura GRC is rated 5, which is similar to the average Governance, Risk and Compliance (GRC) software cost. Cura GRC offers few flexible plans to their customers, read the article below in order to calculate the total cost of ownership (TCO) which includes: customization, data migration, training, hardware, maintnance, updgrades, and more.
You can also leave your info with us to get a free custom quote with the break downs for your business needs. What is the cost breakdown of Governance, Risk and Compliance (GRC) implementation?
When it comes to selecting Governance, Risk and Compliance (GRC) tools, buyers are primarily concerned about its cost. In fact, it is the cost that determines whether a potential buyer would go with the product. True, there is no one-size-fits-all formula to determine the “worth” of a business application, but as a software buyer, you want to make sure you get the best value for your money, without having to dig a big hole in your pocket.
Understanding the exact price of Governance, Risk and Compliance (GRC) system isn't easy as The overall cost of software includes the cost of license, subscription fees, training, customization, hardware, maintenance, support and other related services. It's essential to take into account all of these costs to gain an understanding of the system's 'total cost of ownership.' What are the typical Governance, Risk and Compliance (GRC) pricing models?There are primarily three common pricing models – Perpetual License, Subscription, and Commercial open source.
How much it would cost to customize Cura GRC? (and is it relevant)If you need specific features in your system catering to your specific business requirements, the vendor will charge customization cost, depending on your needs and feature requirement. Ideally customization cost is more complex to calculate compared to licensing cost.Some apps allow you to easily combine data from multiple sources, without any complicated query requirements, while some others can be embedded into different applications to provide enhanced reporting. If you seek products that support customizable dashboards and predictive analysis to identity possible trends and facilitate decision making, you may have to pay higher for all the customization features. Additionally, the following factors may affect the cost of customization:
In order to calculate the cost of customization you can use the following estimates:
Cost of data migration when migrating to Cura GRC? Relevant for Cura GRCMost companies opt for data migration services from a vendor, which raises the cost of product ownership. If you choose to transfer data on your own, you can avoid paying the cost of data migration.Data migration cost depends on the amount of data to be transferred, your current software, availability of migration tools, complexity of data, and gaps between the existing system and the new system. If your data is stored in excel spreadsheets, then it may incur you a lot of time and money to migrate data from excel. By involving a business services provider in data migration, you are asking them to offer additional services, for which you may have to pay extra. Cura Software Cost Windows 10
As a rule of thumb the cost of data migration depents on how many records you want to migrate. Records can include number of Customers, invoices, financial transactions, products, versions, etc. Here is a list you can use as a rule of thumb:
![]() What is the cost of training for Cura GRC? Relevant for Cura GRCAs a buyer, you are required to pay extra for in-person training, though some vendors offer web-based solutions as part of the package. the cost may involve end-user training, video/self, group, department, and train the super users.The cost is mainly derived from the approach that you select for your organization:
Here are some questions to answer: How many groups (different departments, usages, type of users) are needed?
Monity 1 4 5 – advanced system monitoring widget. In order to calculate the cost you can use the following estimates:
Cura Software Cost SharingHow Cura GRC pricing compared to alternarive Governance, Risk and Compliance (GRC) solutions?
When comparing Cura GRC to alternative systems, on a scale between 1 to 10 Cura GRC is rated 5, which is similar to the average Governance, Risk and Compliance (GRC) cost.
The main competitors for Cura GRC include Riskware and MetricStream.Riskware provides a suite of risk management solutions that can be delivered as an on premise solution or in the cloud. Its key features include corporate governance standards, standards compliance monitoring, as well as business continuity & security management. Other features include support for health, safety & environment standards with a claims module to minimize exposure in the event of compensation requirements by ensuring better compliance with risk regulations & standards. Cura GRC on the other hand addresses similar areas as Riskware, but includes an audit function for both independent & self assessment surveys to review compliance with risk standards. The product includes workflows and proactive notifications for potential problems that need to be addressed, and can be delivered as an on premise, hosted or cloud based solution. In addition to the main features of Riskware, Cura GRC also covers project risk management as well as financial risk controls. Cura Software Cost EstimateThen there is MetricStream which offers some additional features such as brand & reputation risk management which seeks to manage & minimize adverse publicity due to a major governance crisis. Additionally there is loss management planning which seeks to estimate potential exposures to enable better planning & compliance procedures to reduce payouts if a problem should arise. The application is also web enabled and accessible via mobile devices. While Cura GRC does not include these features currently, it does support integration with third party applications as well as other reporting solutions to ensure delivery of risk information in the format customers require. How can the team at ITQlick help?
The science of TCO (total cost of ownership) may not be easy to calculate. If you seek to get a detailed info about the TCO, get in touch with ITQlick experts. Contact us today and get up to date, detailed quotes.
AuthorShlomi Lavi
Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.
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