Confidential Reporting System (CRS) vs Whistleblower Software (Formalize)

Side-by-side facts for Confidential Reporting System (CRS) and Whistleblower Software (Formalize), sourced from vendor-published materials. Both platforms market themselves for EU Directive 2019/1937 compliance.

At a glance

Confidential Reporting System (CRS)

Bulgarian whistleblowing platform co-developed by Transparency International Bulgaria and Happi Company, positioned explicitly around the Bulgarian Law on the Protection of Whistleblowers that transposes EU Directive 2019/1937.

Headquarters: Sofia, Bulgaria
Pricing: Annual subscription, tiered by employee count: 295 BGN/month (50–149 employees), 395 BGN/month (150–249), 595 BGN/month (250–499), 995 BGN/month (500+). Public-sector employers and private employers falling under EU-law scope are in-scope regardless of headcount.
EU data hosting: Not disclosed
EU member states referenced: 1 of 27
Certifications: None published
AI on report content: No AI processing of report content

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Whistleblower Software (Formalize)

Whistleblower Software product from Formalize (Copenhagen). Tiered €70–€285/month by employee count.

Headquarters: Copenhagen, Denmark
Pricing: Annual billing: €70 (0–49), €80 (50–249), €135 (250–499), €215 (500–999), €285 (1,000–1,999) per month. Contact sales for 2,000+.
EU data hosting: EU (named data centre)
EU member states referenced: 5 of 27
Certifications: ISO 27001 + 2 more
AI on report content: Processes report content with AI / translation

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Full facts, side by side

Full facts, side by side: Confidential Reporting System (CRS) and Whistleblower Software (Formalize)
Attribute	Confidential Reporting System (CRS)	Whistleblower Software (Formalize)
Headquarters	Sofia, Bulgaria	Copenhagen, Denmark
Founded	2023	2020
Ownership	Joint initiative of Transparency International – Bulgaria and Happi Company Ltd.	Private — €15M Series A funded
Employees	Undisclosed	~160
Customers (vendor claim)	Undisclosed	8,000+ across the Formalize platform (vendor claim)
Pricing	Annual subscription, tiered by employee count: 295 BGN/month (50–149 employees), 395 BGN/month (150–249), 595 BGN/month (250–499), 995 BGN/month (500+). Public-sector employers and private employers falling under EU-law scope are in-scope regardless of headcount.	Annual billing: €70 (0–49), €80 (50–249), €135 (250–499), €215 (500–999), €285 (1,000–1,999) per month. Contact sales for 2,000+.
Pricing model	Tiered (per employee)	Tiered (per employee)
Procurement model	Undisclosed	Demo required
Free trial	No	✓ Yes
EU data hosting	Not disclosed	EU (named data centre)
EU member states referenced	1 of 27	5 of 27
EU reporting languages	2 of 24	23 of 24
Total reporting languages	2	80
AI on report content	No AI processing of report content	Processes report content with AI / translation
Certifications	None published	ISO 27001 (organisation and hosting) ISAE 3000 Type 2 2024 penetration testing certification
National laws referenced	Bulgaria (Law on the Protection of Persons Reporting or Publicly Disclosing Information on Breaches, in force 4 May 2023) EU Directive 2019/1937	Denmark Germany (HinSchG) France (Sapin II) Italy (D.Lgs. 24/2023) Spain (Ley 2/2023)
Anonymous reporting	✓	✓
Case management	✓	✓
Multi-channel intake	—	✓
Public API	✓	✓
GDPR (vendor claim)	✓	✓
EU Directive 2019/1937 (vendor claim)	✓	✓
G2 rating	—	4.9/5 · 157 reviews
Last verified	23 April 2026	20 April 2026

Another option in this directory

Confidential Reporting System (CRS) and Whistleblower Software (Formalize) are two of the platforms indexed here. If your shortlist is still open, one more worth comparing — with a different set of tradeoffs: