fixnix grc suite
DESCRIPTION
NASSCOM Emerge 50 2014TRANSCRIPT
GRC suiteFIXNIX, INC.
Challenges Inability to integrate into a single enterprise wide solution
Poor visibility into processes, resulting in ineffective compliance
Poor decision making
Inability to manage risk
Our Solution Enhanced control over business processes
Enhanced and sustained compliance
Greater visibility into the organization’s supply chain/partners
Better risk management
We are unique
We are unique Cloud Based & Zero setup time
User – experience
Mobility
Flexible
Affordable
Y FixNix
Y FixNix Tailor made
Customer Support
Gamified workflow
In-house GRC suite (For Enterprise)
Future
FuturePAST FUTURE
Price
Ease of U
se
Functi
onality
Configurabilit
y
Industries E
xperti
es0%
10%
20%
30%
40%
50%
60%
GRC tool expectation
Price
Ease of U
se
Functi
onality
Configurabilit
y
Industries E
xperti
es0%
10%
20%
30%
40%
50%
60%
GRC tool expectation
FutureSAAS
o 32% prefer SaaS
o 59% SaaS & No prefer
o 2/3rd market open for SaaS GRC solution
o 1/3rd market prefer SaaS GRC Solution
NO SAAS
o 41% Traditional On-premises
o 68% Traditional & No preference
o 2/3rd market open for Traditional On-premises GRC solution
o 1/3rd market strongly prefer Traditional On-premises GRC Solution
Year 1 Year 2 Year 3 Total Software License / Subscription
Onpremise(perpetual)
$180,000 $30,000 $30,000 $240,000
SaaS $60,000 $60,000 $60,000 $180,000
Additional on premise cost
Data center/Hardware
$48,500 $40,500 $40,500 $129,500
Application/IT support
$150,000 $150,000 $150,000 $450,000
Upgrades Installations
$5,000 $27,000 $27,000 $59,000
Total costTotal cost - SaaS $60,000 $60,000 $60,000 $180,000Total cost –on premise
$383,000 $245,500 $245,500 $878,500
Total SaaS cost Savings
$323,500 $187,500 $187,500 $698,500
Year1 Year 2 Year 3 Total$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000 SaaS for GRC cost savings
On-Premise VS SaaS Model
Thank You!