As operational costs of managing bespoke systems increase, so does the push for companies to embrace the efficiency and ease of SaaS platforms. The landscape has changed in modern business; the ability to spin up an instance of an application in the cloud allows quick changes to the latest and greatest feature-rich product. This comes at a cost, though, adapting processes to cater to a product not aligned to your strategies, sacrificing complexity for simplicity and the dreaded one size fits all mentality.
We at Compyl could quite easily use 3rd party integration tools to build for the masses but instead opt for in-house built compliance integrations that gives the benefits of customization. Yes, the in-house route requires more time and resources but provides a far more scalable and comprehensive solution for our customers.
Good question. First off, there are a ton of options out there. Using a 3rd party API allows you to have a solution quickly. Configuration is easy to do, and you’re up and running by the end of the week. While many of these APIs solve for one solution, as your needs evolve, you can quickly add more integrations as you need them.
You may not see a significant benefit at implementation. The one size fits all model doesn’t allow for the intricacy or complexity you will see in a purpose-built integration. Just like a one size fits all hat, it could be useless for you, and you have just spent your time, money, and resources on it. When it comes to your company’s growth, the product may not grow at the same pace or in the same direction as you do. Lastly, while the first or second integration may not grab the attention of your finance department, as you go down this path, you will become a victim of recurring integration expenses. Once you are stuck with a dozen or so, you will conclude that you’re spending a lot of money on something that doesn’t do exactly what you need it to do.
Compyl has built in-house integrations that provide far more capabilities than the popular 3rd party integrations found in the market today. Usually, when a 3rd party develops an integration, it’s driven by a common market need. Compyl’s integrations adapt to the needs of our customers. These are regularly updated to include different feature sets and improve the capability to cater to many use cases. Organizations can even provide us access to antiquated, legacy, reliable systems to build a customized solution just for them. This is then accessible on a SaaS front end tied to your organization through popular access control methods. Compyl reduces cost while still maintaining the level of complexity, visibility, and control of your information security and compliance program.
When weighing the pros and cons of a Saas solution partnership, many factors come into play. Some solutions can be determined entirely by price, while others have many other factors to consider. When it comes to establishing or enhancing a robust information security and compliance program, organizations should determine each provider’s functionality, capacity, and scalability. Without understanding these three areas, it will become challenging to evaluate the value the solution is providing.
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