Drata
Drata is a compliance automation platform that helps you achieve and maintain continuous security compliance across frameworks like SOC 2, ISO 27001, and HIPAA through automated evidence collection.
ONESOURCE
ONESOURCE is a comprehensive corporate tax software suite that automates complex compliance, reporting, and data management tasks to help your global tax department stay accurate and efficient.
Quick Comparison
| Feature | Drata | ONESOURCE |
|---|---|---|
| Website | drata.com | thomsonreuters.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2020 | 1934 |
| Headquarters | San Diego, USA | Toronto, Canada |
Overview
Drata
Drata helps you automate your entire compliance journey by connecting directly to your tech stack. Instead of manually collecting screenshots and spreadsheets, you can integrate your cloud providers, HR systems, and developer tools to monitor your security posture in real-time. The platform automatically gathers evidence for audits, ensuring you stay compliant every day of the year rather than just once an annual cycle.
You can manage multiple frameworks simultaneously, including SOC 2, ISO 27001, HIPAA, and GDPR, from a single centralized dashboard. The software provides pre-mapped controls and automated tests that alert you the moment a security gap appears. This proactive approach reduces the time your team spends on manual audit prep by hundreds of hours, allowing you to focus on building your product while maintaining trust with your customers.
ONESOURCE
ONESOURCE helps you manage the entire tax lifecycle through a unified global platform. You can automate repetitive manual tasks across direct and indirect tax, including income tax, property tax, and transfer pricing. The software integrates directly with your existing ERP systems to pull data automatically, reducing the risk of human error during filing seasons.
You can stay ahead of changing global regulations with real-time updates and built-in tax content for over 190 countries. Whether you are managing global VAT compliance or domestic corporate filings, the platform provides a single source of truth for your financial data. It is designed specifically for large corporate tax departments and accounting firms that need to handle high volumes of complex data across multiple jurisdictions.
Overview
Drata Features
- Automated Evidence Collection Connect your cloud and HR tools to automatically gather audit-ready evidence without manual data entry or constant screenshots.
- Continuous Monitoring Monitor your security controls 24/7 and receive instant alerts if any system falls out of compliance.
- Pre-mapped Frameworks Access ready-to-use controls for SOC 2, ISO 27001, and HIPAA that map directly to your existing workflows.
- Personnel Management Track employee background checks, security training completion, and policy acknowledgments automatically in one central location.
- Risk Assessment Tool Identify and document your organization's security risks with built-in templates and automated scoring to prioritize your efforts.
- Trust Center Build customer trust by sharing your real-time security posture and compliance reports through a professional, public-facing portal.
ONESOURCE Features
- Indirect Tax Determination. Calculate sales, use, and VAT taxes automatically within your ERP or e-commerce system to ensure global compliance.
- Income Tax Compliance. Streamline your federal, state, and local tax returns with automated data collection and standardized filing workflows.
- Transfer Pricing Management. Create and maintain your global transfer pricing documentation while monitoring intercompany transactions for potential audit risks.
- Tax Provisioning. Calculate your global tax provision in real-time and generate financial statement disclosures with full audit trails.
- Property Tax Automation. Manage your entire property tax lifecycle from asset tracking and valuation to payment and appeal management.
- Operational Transfer Pricing. Align your actual financial results with your transfer pricing policies using automated data reconciliation and adjustment tools.
Pricing Comparison
Drata Pricing
ONESOURCE Pricing
Pros & Cons
Drata
Pros
- Extensive library of native integrations saves significant time
- Automated evidence collection eliminates manual spreadsheet tracking
- Excellent customer success team provides expert audit guidance
- User-friendly interface makes complex compliance tasks feel manageable
Cons
- Initial setup requires significant time for deep integrations
- Custom pricing can be high for very small startups
- Occasional false positives in automated tests require manual review
ONESOURCE
Pros
- Excellent integration with major ERP systems like SAP and Oracle
- Comprehensive global tax content covering over 190 countries
- Strong audit trails provide high confidence during regulatory reviews
- Scales easily to handle massive datasets for multinational corporations
Cons
- Significant learning curve for new users due to complexity
- Implementation process can be lengthy and require technical resources
- Premium pricing makes it less accessible for smaller businesses