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Formalize

By Formalize

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Formalize Reviews & Product Details - Page 3

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Formalize Product Details
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Value at a Glance

Averages based on real user reviews.

Time to Implement

1 month

Return on Investment

2 months

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Formalize Media

Formalize Demo - Organize your compliance operations with Formalize
Get the ideal start by following our guided compliance experience, which includes critical controls, policies, risk examples, and tasks related to NIS2, DORA, and other relevant regulations.
Formalize Demo - Comprehensive risk assessment with Formalize
Gain a historical overview of your risk mitigation efforts and document the process to the main stakeholders. You can decide on different types of risk and the procedure for working with risks.
Formalize Demo - Empowering scalable compliance
To make it easy for you, Formalize will help you set up your compliance system according to your needs.
Formalize Demo - Automated compliance workflows
Optimize your supplier audit workflows and simplify the processes. It is highly configurable, so you can improve and update your automations continuously.
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Formalize Reviews (37)

Reviews

Formalize Reviews (37)

4.9
37 reviews
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Alejandro S.
AS
Head of Legal and Compliance
Small-Business (50 or fewer emp.)
More Options
"Great software, useful and logical."
What do you like best about Formalize?

It allows you to easily implement all required controls and the tools are very intuitive. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

No issues while using Formalize software Review collected by and hosted on G2.com.

HC
Alternant Gestion de Patrimoine
Small-Business (50 or fewer emp.)
More Options
"Clear, responsive, and professional support. Very satisfied with the service, I highly recommend it."
What do you like best about Formalize?

The site is very well designed: clear and intuitive. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

Filling out the form takes quite a bit of time, it's a bit tedious. Review collected by and hosted on G2.com.

JM
Compliance Officer
Mid-Market (51-1000 emp.)
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"High-performance web solution, on par with regulation, fast service"
What do you like best about Formalize?

Intuitive use, quick feedback on questions, consideration of current regulatory changes Review collected by and hosted on G2.com.

What do you dislike about Formalize?

A small bug with the input of a date field, but it could be resolved manually. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Mid-Market (51-1000 emp.)
More Options
"Formalize review"
What do you like best about Formalize?

Easy and helpful onboarding by their Customer Success team. The system is easy to use. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

Minor issues. For exampel when you work on a specific page and are done and have saved the adjustements, you are automatically transfered to the main page instead och previous. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Mid-Market (51-1000 emp.)
More Options
"A great user experience and excellent support"
What do you like best about Formalize?

My company uses Formalize to manage its supplier base, especially to manage the register of information (ROI) required by the DORA regulation.We can only be satisfied with both the excellent and intuitive platform and the great support received. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

We do not see any downsides with Formalize. Review collected by and hosted on G2.com.

MB
Chief Operating Officer
Small-Business (50 or fewer emp.)
More Options
"Very fast and helpfull support"
What do you like best about Formalize?

The system works fine and it shows exactly what has to be done. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

Nothing. It's not cheap but worth the price. Review collected by and hosted on G2.com.

OH
Vermögensverwalter
Small-Business (50 or fewer emp.)
More Options
"DORA - Help"
What do you like best about Formalize?

Thanks to the great software and the competent and always helpful Ms. Vietze from Formalize, we managed the topic of the DORA regulation or the first report without major problems. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

Suggestion for improvement: a direct phone number of the contact person. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Small-Business (50 or fewer emp.)
More Options
"an effective tool for simplifying the management of regulatory constraints"
What do you like best about Formalize?

The tool's functions perfectly integrate the constraints of a portfolio management company. The customer service teams are efficient, competent and very pleasant. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

Nothing so far. While the tool is extremely flexible and while one can code rather easily its own process, it would be great if Formalize was providing standard ones as they did for DORA. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Small-Business (50 or fewer emp.)
More Options
"Competent and fast service"
What do you like best about Formalize?

Intuitive, compact, highlights discrepancies in the recording. Review collected by and hosted on G2.com.

What do you dislike about Formalize?

Nothing to complain about. The product works flawlessly. Review collected by and hosted on G2.com.

Verified User in Investment Management
UI
Small-Business (50 or fewer emp.)
More Options
"Perfect Care"
What do you like best about Formalize?

the handling of a complex task was simplified by an extremely user-friendly tool Review collected by and hosted on G2.com.

What do you dislike about Formalize?

have not had any negative experience so far Review collected by and hosted on G2.com.

Pricing Insights

Averages based on real user reviews.

Time to Implement

1 month

Return on Investment

2 months

Perceived Cost

$$$$$
View More Pricing Information
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