Diligent vs Novata
A side-by-side comparison of Diligent and Novata — two options for legal, compliance & esg. Pricing, features, and honest pros and cons.
Category
Legal, Compliance & ESG
Legal, Compliance & ESG
Rating
4.1 / 5
4.1 / 5
Pricing
Enterprise / Custom
Enterprise / Custom
Best for
Firms and portfolio boards needing governance tooling
GPs standardizing ESG data across portfolios
Key features
- Secure board portal
- Entity and subsidiary management
- Governance and compliance workflows
- ESG and risk modules
- Voting and minutes
- ESG data collection from portfolio companies
- Standardized metrics and frameworks
- Benchmarking
- LP reporting
- Carbon and diversity tracking
Pros
- Trusted board-governance solution
- Broad GRC feature set
- Enterprise-grade security
- Purpose-built for private markets ESG
- Aligns to recognized frameworks
- Simplifies portfolio-wide data gathering
Cons
- Premium pricing
- Broad suite can be more than smaller firms need
- Value depends on portfolio company participation
- ESG reporting requirements still evolving