Diligent ERM vs Panorays

Diligent ERM8.6Visit Panorays8.2Visit

Higher score Diligent ERM #3 in Risk Assessment Software 8.6/10 Pricing on request ✓ 0 of 2 features Visit Diligent

vs

Panorays #8 in Risk Assessment Software 8.2/10 Pricing on request ✓ 0 of 2 features Visit Panorays

• Diligent ERM fits best

  Boards and executives overseeing strategic risk

• Panorays fits best

  Teams assessing and monitoring supplier cyber risk

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Side by side

Feature	Diligent ERM 8.6/10 Visit ↗	Panorays 8.2/10 Visit ↗
At a glance
Editor score	8.6	8.2
Ranking	#3 in Risk Assessment Software	#8 in Risk Assessment Software
Best for	Boards and executives overseeing strategic risk	Teams assessing and monitoring supplier cyber risk
Pricing model	Paid	Paid
Starting price	Pricing on request	—
Free plan	Not checked yet	Not checked yet
Free trial	—	—
Deployment	Cloud	Cloud
Platforms	Web	Web
Compliance	ISO 27001	SOC 2, ISO 27001, GDPR, HIPAA, PCI DSS, SSO/SAML, 2FA
Built for	Mid-market, Enterprise	Mid-market, Enterprise
Features Diligent ERM 0/2 · Panorays 0/2
Risk registers	Not checked yet	Not checked yet
Mitigation tracking	Not checked yet	Not checked yet
Specs
Risk methodologies	Not checked yet	Not checked yet
Risk scoring	Not checked yet	Not checked yet
Reporting	Not checked yet	Not checked yet
Deployment	Not checked yet	Not checked yet
Our review
Pros	Combines strategic and operational risks in centralized registers. Monitors emerging risks, control gaps and appetite-threshold breaches. Provides board-ready reporting with AI-assisted benchmarking and human approval.	Discovers direct and nth-party supply-chain relationships Combines questionnaires, evidence validation and attack-surface assessments Adds continuous alerts and remediation workflows
Cons	Pricing requires contacting sales. The listed platform is web-based. Its broad enterprise-risk focus may exceed narrower assessment needs.	Customized pricing requires contacting sales Its scope centers on third-party cyber risk rather than general risk assessment Cloud deployment may not suit teams requiring another deployment model
Our verdict	Boards and executive teams need a connected view of risks that span strategy and operations. Diligent ERM centralizes risk registers, controls and compliance data, then supports assessment, monitoring and reporting workflows. It is… Read the review →	Panorays is a cloud platform for security, compliance and procurement teams that need to assess and monitor cyber risk across supplier ecosystems. It brings together third-party and nth-party discovery, supplier context, questionnaires,… Read the review →

Strengths and trade-offs

• Diligent ERM — where it wins

  • Combines strategic and operational risks in centralized registers.
  • Monitors emerging risks, control gaps and appetite-threshold breaches.
  • Provides board-ready reporting with AI-assisted benchmarking and human approval.

  Where it doesn't

  • Pricing requires contacting sales.
  • The listed platform is web-based.
  • Its broad enterprise-risk focus may exceed narrower assessment needs.

• Panorays — where it wins

  • Discovers direct and nth-party supply-chain relationships
  • Combines questionnaires, evidence validation and attack-surface assessments
  • Adds continuous alerts and remediation workflows

  Where it doesn't

  • Customized pricing requires contacting sales
  • Its scope centers on third-party cyber risk rather than general risk assessment
  • Cloud deployment may not suit teams requiring another deployment model

• Diligent ERM8.6/10 · Pricing on request

  Centralizes risk oversight and board reporting for mid-market and enterprise organizations.

  Visit DiligentFull verdict →
• Panorays8.2/10 · Pricing on request

  Supplier discovery, assessments and continuous monitoring in one cloud platform.

  Visit PanoraysFull verdict →