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How much does a GRC tool cost?


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How much does a GRC tool cost?


Initial Cost: The initial cost of a GRC tool can range from $20,000 to $60,000 per year.

Ongoing Costs: In addition to the initial cost, there are ongoing costs associated with a GRC tool. These include training and onboarding costs for new team members, as well as costs for internal resources to manage the tool. 

Total Cost: The total cost of a GRC tool can be substantial, with an initial cost of $20,000 to $60,000 per year, plus ongoing costs for training and internal resources.

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