Customized GRC Software Pricing
LogicManager’s value-based pricing scales to meet your company’s unique needs.
There’s a lot to consider when purchasing GRC software, and we know pricing is top of mind for every customer. So, we chose the unique path of celebrating transparency and being open with you about our pricing model. Our GRC software pricing page is designed to answer your most pressing questions and give you a better idea of how much our award-winning software will cost your business. Just remember that your organization is unique, and that you should request a quote to get the most accurate picture of how much one of our tailor-made packages will cost.
First, let’s give you an idea of LogicManager’s editions of functionality.
Now, let’s give you an idea of how much these editions would cost, based on the number of users in the system.
Starting at $10,000/year
Our Essentials edition starts at $10,000 per year, but can vary depending on the number of users that will have access to the system.
For example, a start-up looking to document their compliance with GDPR and other top regulatory concerns purchases the Essentials edition. They are provided access to one module, in this case Compliance, and have 2 administrative users and 5 light users. The annual subscription cost for them would be $12,000, though the system can grow with the company moving forward.
Starting at $30,000/year
Our Professional edition typically starts at $30,000 per year, but will vary depending on how many users your organization needs.
For instance, a bank with about 20 billion dollars in assets and 1 billion dollars in annual revenue uses LogicManager to automate and improve IRM processes including Enterprise Risk Management, Third-Party Risk, Issue Management, and more. The bank subscribes to LogicManager’s Professional Edition with 4 administrative, 12 moderate, and 100 light users at a total annual subscription cost of $76,850.
Starting at $150,000/year
Our Enterprise edition starts at $150,000 per year, and varies by the size of the organization and scope of the use case.
For example, a satellite and imaging company with 3 billion dollars in revenue and 6,000 employees leverages LogicManager to house their information security, risk management & GRC functions. The company chooses to have unlimited access through the Enterprise Edition at an annual cost of $198,000.
Our Pricing is as Unique as Your Business.
We believe software should be powerful, easy to use, and affordable. Every business is unique, so we base our GRC software pricing on the number of individuals accessing the system and how many areas of the system your company needs access to. Request a quote to get a better idea of just how much LogicManager will cost for your unique business case.
SaaS Means Flexibility and Savings
LogicManager is an online SaaS solution, which means there are no lengthy implementation periods. We’ll have you up and running in the system immediately so that you can see the value of your purchase on day one. You’ll never have to tangle with your internal IT department either – we handle system updates and ongoing maintenance for you.
Top-Rated Service at No Extra Cost
We don’t charge you for professional services or software customizations, so you’ll never be surprised with an invoice. Our top-rated professional services are included in our pricing. When you sign on to LogicManager, we pair you with a team of advisory analysts who are there to train you on the system, customize our platform to meet your goals, upload your existing data, answer your questions, and build reports for you during the lifetime of your subscription.
Unwavering Dedication to Your Success
We’ll never lock you into a lengthy contract. Why would we? Our customers love us, our software is robust, and our prices are unbeatable. This means we’re pretty confident that once you’re with us, you’re here to stay. However, choosing a software can be tricky. To help make your decision easier, we’ve committed ourselves to being transparent about our risk software costs.
“LogicManager is cost-effective, is very flexible so it can be used for many risk management tasks, and the support is fantastic!”
Bill Baumer | Chief Audit and Risk Officer
FAQ about LogicManager Pricing
How do you determine pricing?
The annual licensing subscription is based primarily on how many users need access to the system and which areas of the platform your company is utilizing. We help you design a package based on your needs that can be adjusted at any point during your subscription.
Any surprise fees?
Nope. LogicManager is offered as an annual subscription with only two costs: annual licensing and a one-time getting started fee, which covers all implementation, on-boarding, maintenance, and unlimited training throughout the lifetime of your subscription.
Why don’t you charge for professional services?
Professional services are the number-one reason why people tell us they’re unhappy about their current vendor. Charging for professional services increases the cost of risk management, and removes the incentive to create an intuitive software. We want you to learn and enjoy our platform, so we’re happy to pair you with an advisory team that will help you do just that.
How many users come in each package?
Give us a call or request a quote! We’ll provide a specific quote based on how many administrators and infrequent users will have access to the system.
Are there different types of users?
Yes! There are three different types of users you can add to your LogicManager package. Administrative users have control to alter questions, titles, and visibility through the configuration tool, as well as navigate through plans, risk libraries, taxonomy areas, etc., and send out tasks. Moderate users can navigate through plans, risk libraries, taxonomy areas, etc., and send out tasks, but cannot enter the configuration functionality of the tool. Light users can only interact with LogicManager through a task they are assigned, such as filling out risk assessments, due-diligence questionnaires, etc. The combinations of admin, moderate, and light users you need will affect your unique price point. We’ll work with you to find the right combination.
What does it cost to have a report built?
Nothing! It’s all included in your annual licensing and one-time getting started fee. We’ll never charge you extra for building a report, additional training sessions, customizations, or maintenance.