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Formalize Reviews & Product Details

Judit B.
JB
Head of Compliance and Contracts
Hospital & Health Care
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Formalize?

Working in a large organisation, we required a robust tool to manage our compliance elements efficiently, particularly one capable of generating dashboards with various graphical representations. Formalize has provided exactly that, enabling us to establish a seamless compliance monitoring system with multiple dashboards tailored to our reporting needs.

Additionally, whenever we identified a missing feature, my designated contact ensured that enhancements were made promptly. The team consistently implemented every requested improvement, ensuring the system functioned optimally for our requirements.

The automation feature has been particularly transformative. It eliminates the risk of overlooking review processes, and my team members receive automatic notifications whenever their action is required.

Both the platform itself and the support provided are exceptional. Formalize is truly an indispensable compliance tool for any organization. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

It would be highly beneficial to have the ability to import data into the compliance module using a downloadable sample Excel template. This feature would significantly reduce the time required to integrate new frameworks into the system, enhancing efficiency and usability. Review collected by and hosted on G2.com.

What problems is Formalize solving and how is that benefiting you?

Formalize has been invaluable in managing deadlines—not just for compliance, but also for tracking my colleagues' tasks. Given the variety of responsibilities within our team, keeping track of everything manually can be challenging. However, with Formalize’s automation, missed deadlines are no longer a concern. Once set up, the system provides timely reminders well in advance of any due dates.

Another key advantage is the ability to monitor task progress with a single click. This allows me to instantly see where each task stands and identify which areas or team members require additional focus to ensure full compliance.

Formalize is truly a game-changer for efficient compliance management. Review collected by and hosted on G2.com.

Formalize Overview

What is Formalize?

Formalize solves all compliance needs under one roof with two specialised products. Formalize Data Compliance System streamlines compliance workflows and automates processes for, for example, GDPR, NIS2, ISO27001, SOC2, and others, while Whistleblower Software by Formalize makes it possible for organisations to handle whistleblowing cases and for company employees to safely submit reports. We offer flexibility in the ever-changing compliance space where legal requirements for information security are continuously increasing. We keep a finger on the legal-tech pulse to make sure our platforms have all you need for effortless compliance with new laws allowing you to focus on the business development of your organisation. We are building compliance systems used by thousands of companies with a high focus on customisability, ease of use, and the best customer support on the market.

Formalize Details
Languages Supported
Danish, German, English, Italian, Portuguese, Spanish
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Product Description

Formalize offers your company the ideal compliance operations software and support experience. We specialize in providing the “best in class” compliance software, featuring RoPA (Record of Processing Activities), automated supplier audits, streamlined governance, risk and incident management, and much more. These features make it a breeze to manage SOC2, NIS2, ISO27001, GDPR, and much more. InfoSec, GRC & Privacy automation management for compliance professionals.


Seller Details
Seller
Formalize
HQ Location
N/A

Patrick O.
PO
Overview Provided by:

Recent Formalize Reviews

SL
Serdjo L.Mid-Market (51-1000 emp.)
5.0 out of 5
"Formalize is the DORA tool"
Formalize makes the implementation very easy and is also easy in use. Once you are familliar with the tool you will use it more frequently. Struct...
Judit B.
JB
Judit B.Enterprise (> 1000 emp.)
5.0 out of 5
"The compliance tool you need"
Working in a large organisation, we required a robust tool to manage our compliance elements efficiently, particularly one capable of generating da...
JG
José Ignacio G.Small-Business (50 or fewer emp.)
5.0 out of 5
"Solución para Automatizar GRC DORA"
Su software para cumplir con todos los requisitos de DORA fácil de implmentar y mantener.
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5 out of 6 Total Reviews for Formalize

4.9 out of 5
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5 out of 6 Total Reviews for Formalize
4.9 out of 5
5 out of 6 Total Reviews for Formalize
4.9 out of 5
G2 reviews are authentic and verified.
SL
DPO - Data Protection Officer
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Formalize?

Formalize makes the implementation very easy and is also easy in use. Once you are familliar with the tool you will use it more frequently.

Structured Compliance Management – It helps centralize and streamline compliance efforts, ensuring policies and procedures are well-documented and periodically reviewed.

Risk Management Integration – The ability to assess, track, and mitigate risks efficiently within the same platform.

Audit & Reporting Capabilities – Automated reporting and audit trails help with accountability and regulatory requirements.

User-Friendly Workflow – If it offers an intuitive interface, clear dashboards, ease of integration and workflow automation, that would be a huge plus.

Policy & Procedure Oversight – Ensuring that documents like security policies, incident response plans, and vendor assessments are continuously updated and accessible.

But most of all, the employees of Formalize are patient and kind to help you trough the whole proces and are always ready to support. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

The reaction time on e-mails are max 2 days wich is normal, but sometimes you would like to hear sooner. Review collected by and hosted on G2.com.

What problems is Formalize solving and how is that benefiting you?

Formalize made compliaing to DORA much easier. Review collected by and hosted on G2.com.

Pablo P.
PP
CEO & Founder
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Formalize?

Efficient, easy to use and best UX. Easily automates compliance processes to comply with DORA, NIS 2, among others. I.e. with DORA, the ROI is fully automated saving lots of time by submitting the 15 spreadsheets at the click of a button.

The team is really responsive and integration quick and included in the license. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

No pain points at all. Potential improvements in developing additional frameworks (i.e. MICA) but the general tool still allows to use it for legislations without specific developments. Review collected by and hosted on G2.com.

What problems is Formalize solving and how is that benefiting you?

Currently we focus on DORA. The tool is mainly helping us on:

• ICT risk management: Identification, scoring and mitigation of risks, with detailed monitoring.

• Record of Information (ROI): Automation of reports in accordance with ITS standards, with precise categorization of suppliers and subsuppliers.

• ICT incident management: Recording of incidents and connection with digital operational resilience strategies.

• Supplier audits: Flexible configuration and continuous audit optimization.

We plan to start with NIS 2 soon. Review collected by and hosted on G2.com.

JG
BDM
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Formalize?

Su software para cumplir con todos los requisitos de DORA fácil de implmentar y mantener. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

De momento no hay nada que no me guste de la solución. Review collected by and hosted on G2.com.

What problems is Formalize solving and how is that benefiting you?

La gestión GRC Review collected by and hosted on G2.com.

Miquel C.
MC
Chief Information Security Officer / IT Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Formalize?

Its capabilities to adapt to a business needs, being capable of support an organization's current processes without tedious work on make them fit on the paltform options. Highly customisable so very easy to implement. Another really strong point of Formalize is how easy they make it to relate any kind of entity belonging to the compliance and security ecosistem among them. Customer support has been exceptional in our onboarding phase. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

The only dislike I have about Formalize so far is the lack of a complete API covering all entities on the platform, but as far as I know, they have it on the roadmap. Review collected by and hosted on G2.com.

What problems is Formalize solving and how is that benefiting you?

It is being very useful on keeping all documentation and work cycles related to GRC and security. With it, it is much easier to not to oversee any step in my organization GRC and ISMS planning and maintenance. Review collected by and hosted on G2.com.

Claudia H.
CH
Founder / CEO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Formalize?

It gives an very individual and same time easy solution to structure processes, documents and tasks needed. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

Could have some example templates of content, but I know they are working on this. Review collected by and hosted on G2.com.

What problems is Formalize solving and how is that benefiting you?

With the possibility to link everything, what relates together, it is a perfect and easy haandable "matrix" for our compliance processes and documentation. Review collected by and hosted on G2.com.