Best Compliance Software

Compliance software supports compliance management through document validation, training compliance, reporting any exceptional events, and suggesting necessary actions to correct them. This software provides the data in the form of graphs and dashboards to provide visibility in a better format. Compliance tracking software assists in automating your organization’s auditing process and helps to develop and implement policies to ensure compliance. Compliance Monitoring Software can be easily installed on your premises, and it also provides an option to be installed at the vendor site, where you need to pay the charges on a monthly or quarterly basis, depending on the usage. It also has quite a user-friendly interface and doesn’t require an expert. This software is gaining popularity in almost all organizations today, which includes hotels, banks, pharmaceuticals, product-based companies, etc. We have brought a list of the top compliance management software for your reference.

1596 Software

Top 10 Compliance Software

AuditBoard

AuditBoard

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HIPAA One

HIPAA One

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Hyperproof

Hyperproof

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Libryo

Libryo

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LogicGate Risk Cloud

LogicGate Risk Cloud

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Netwrix Auditor

Netwrix Auditor

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Onspring

Onspring

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PowerDMS

PowerDMS

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SAI360

SAI360

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Skillcast

Skillcast

$349 Per year

List of Best Compliance Software

Pricing Options

Monthly Subscription

Annual Subscription

One-Time Payment

Quote Based

Features

HIPAA Compliant

Compliance Tracking

Risk Assessment

Environmental Compliance

Policy Management

Alerts/Escalation

ISO Compliance

Incident Management

Risk Management

OSHA Compliance

Document Management

Task Management

Surveys & Feedback

Training Management

Compliance Management

FDA Compliance

Audit Management

Audit Trail

Controls Audit

Access Controls/Permissions

Company Size

Self Employed

Small Business

Medium Business

Enterprise

AWS Config is a robust configuration management tool that helps businesses track and manage changes to their AWS infrastructure in real-time. This software enables users to assess, audit, and evaluate the configuration of AWS resources, ensuring that all infrastructure remains compliant with internal and external standards. AWS Config provides a comprehensive history of configuration changes, allo... Read more about AWS Config

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Microsoft Purview Compliance Manager is a comprehensive compliance management software designed to help organizations meet regulatory requirements and mitigate compliance risks. The platform provides an intuitive interface for assessing, monitoring, and managing compliance with industry standards, such as GDPR, HIPAA, and ISO 27001. Compliance Manager offers automated workflows, compliance score t... Read more about Microsoft Purview Compliance Manager

Free Trial

Available

Pricing Type

$12 Per user

Location

United States

Microsoft Purview Communication Compliance is a compliance software solution designed to help businesses monitor and manage communications across various platforms to ensure regulatory compliance. It allows organizations to track and review employee communications for signs of policy violations, inappropriate content, or sensitive data leaks. Microsoft Purview Communication Compliance integrates w... Read more about Microsoft Purview Communication Compliance

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

AWS IoT is a cloud-based compliance software that facilitates the secure management of connected devices and Internet of Things (IoT) applications. This platform provides businesses with the tools to build, deploy, and monitor IoT solutions while ensuring compliance with industry standards and regulations. AWS IoT enables organizations to manage device connectivity, data collection, and analytics ... Read more about AWS IoT

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

AWS Key Management Service (KMS) is a fully managed encryption service that helps organizations create and control encryption keys used to encrypt data. Whether for securing sensitive information in databases, applications, or file systems, KMS provides a central solution for managing cryptographic keys across various AWS services and applications. With KMS, businesses can easily implement encrypt... Read more about AWS Key Management Service (KMS)

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

IBM OpenPages

A fully unified, smarter GRC environment

IBM OpenPages is a comprehensive governance, risk, and compliance (GRC) solution designed to empower organizations in navigating complex regulatory landscapes. This robust platform seamlessly integrates risk management, policy management, and regulatory compliance, offering a unified approach to enhance business resilience. With intuitive dashboards, OpenPages provides real-time insights into pote... Read more about IBM OpenPages

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Oracle Risk Management is a powerful compliance software designed to help organizations manage and mitigate risk effectively. This comprehensive solution offers advanced tools for detecting and preventing fraud, ensuring regulatory compliance, and enforcing security policies. With Oracle Risk Management, businesses can monitor financial transactions, analyze risk patterns, and automate compliance ... Read more about Oracle Risk Management

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Oracle AML and Financial Crime Compliance Management is a comprehensive financial reporting and compliance software solution designed to help businesses detect, prevent, and manage financial crime activities such as money laundering and fraud. The platform offers a range of powerful tools for transaction monitoring, suspicious activity detection, and regulatory reporting, ensuring that businesses ... Read more about Oracle AML and Financial Crime Compliance Management

Free Trial

NA

Pricing Type

$15000 Per user

Location

United States

IBM Security zSecure is a compliance software designed to help organizations maintain security and comply with regulatory standards for their mainframe environments. The platform offers tools for auditing, monitoring, and reporting on security activities, ensuring that businesses can detect and mitigate risks quickly. zSecure provides real-time monitoring of user activity, data access, and system ... Read more about IBM Security zSecure

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Oracle Fusion Cloud ERP is a comprehensive Project Management Software designed to empower businesses with the tools needed to plan, execute, and monitor projects effectively. It offers a robust platform for managing project timelines, resources, budgets, and deliverables, ensuring that organizations can achieve their project goals on time and within budget. Oracle Fusion Cloud ERP features an int... Read more about Oracle Fusion Cloud ERP

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Google Cloud

All the tools you need to streamline your cloud.

Google Cloud offers a suite of powerful cloud computing services designed to help businesses innovate and scale. Its scalable infrastructure provides reliable storage and computing power for applications of any size. With advanced machine learning capabilities, businesses can extract valuable insights from their data and enhance decision-making processes. Google Cloud's extensive network of data c... Read more about Google Cloud

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Conduct Watch is a comprehensive whistleblowing software solution designed to provide employees, contractors, and stakeholders with a secure and anonymous platform for reporting unethical behavior, fraud, or misconduct within an organization. The software offers a user-friendly interface that enables individuals to submit concerns via various channels, including web-based forms, emails, or mobile ... Read more about Conduct Watch

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

SAP Integration Suite

Connect and automate business processes to innovate now with proven pre-built integrations, APIs, connectors, and best practices.

SAP Integration Suite, formerly known as SAP Cloud Platform Integration, is a powerful tool developed to streamline and enhance the integration of various business processes and data across an organization's landscape. This comprehensive suite offers a wide range of capabilities, including connecting cloud-based and on-premise applications, both within SAP and non-SAP environments. It excels in si... Read more about SAP Integration Suite

Free Trial

NA

Pricing Type

Contact Vendor

Location

Afghanistan

SAP Access Control is a robust network access control software designed to help organizations manage and regulate user access to critical systems. This software ensures that only authorized personnel can access sensitive information and applications, preventing unauthorized access and potential security breaches. It offers advanced features such as role-based access management, automated access re... Read more about SAP Access Control

Free Trial

NA

Pricing Type

Contact Vendor

Location

Germany

SAP Ariba Contracts is a comprehensive contract management software designed to streamline the creation, execution, and analysis of contracts for organizations. This powerful platform provides users with tools to manage the entire contract lifecycle efficiently, ensuring compliance and reducing risks. With features such as automated workflows, customizable templates, and real-time analytics, SAP A... Read more about SAP Ariba Contracts

Free Trial

NA

Pricing Type

Contact Vendor

Location

Germany

SAP Agent Performance Management is a comprehensive solution designed to optimize sales performance and agent productivity. By leveraging advanced analytics and reporting tools, it enables organizations to track and assess the performance of their sales agents in real-time. Users can easily monitor key performance indicators (KPIs), set measurable goals, and analyze trends over time. The software ... Read more about SAP Agent Performance Management

Free Trial

NA

Pricing Type

$90 Per year

Location

Germany

Polarion REQUIREMENTS is a robust compliance software solution designed to streamline the management of requirements across projects. It offers features that facilitate real-time tracking and traceability, ensuring that all regulatory and business requirements are met effectively. Users can easily collaborate, prioritize tasks, and maintain transparency throughout the project lifecycle. By integra... Read more about Polarion REQUIREMENTS

Free Trial

Available

Pricing Type

Contact Vendor

Location

Germany

Carbon Black App Control is a powerful compliance software that helps organizations secure their endpoints by controlling and monitoring application usage. This software enables businesses to enforce strict policies for application whitelisting, ensuring that only trusted and authorized applications are allowed to run on devices. By preventing the execution of unauthorized or potentially harmful s... Read more about Carbon Black App Control

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

CloudHealth Secure State is a comprehensive compliance software designed to help businesses secure their cloud environments and ensure compliance with industry standards. This platform enables organizations to continuously monitor their cloud infrastructure for security vulnerabilities, misconfigurations, and compliance violations. CloudHealth Secure State uses automated policy enforcement and rea... Read more about CloudHealth Secure State

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Control Compliance Suite is a compliance software designed to help organizations manage and maintain regulatory compliance across their operations. It offers tools for risk assessment, policy management, and automated compliance reporting. The software ensures that businesses stay up-to-date with industry regulations and helps identify potential compliance gaps. With its integrated reporting featu... Read more about Control Compliance Suite

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Symantec Enterprise Cloud is a powerful compliance software solution designed to help organizations manage their regulatory obligations and protect sensitive data. This platform offers a comprehensive suite of tools for risk assessment, policy management, and compliance reporting. Users can easily monitor their compliance status in real-time, identify potential risks, and ensure adherence to indus... Read more about Symantec Enterprise Cloud

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Mainframe Security Suite is a comprehensive data discovery software solution tailored for organizations managing sensitive information on mainframe systems. This suite offers robust tools for identifying, monitoring, and protecting data across various environments. With advanced scanning capabilities, Mainframe Security Suite automates the discovery of sensitive information, including personally i... Read more about Mainframe Security Suite

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Trend Micro Cloud One is an all-in-one compliance management platform tailored for businesses seeking a comprehensive approach to regulatory compliance. It simplifies the process of meeting the requirements for various compliance frameworks such as GDPR, PCI DSS, and HIPAA, helping organizations maintain secure cloud environments. The software offers automated tools for monitoring and reporting, e... Read more about Trend Micro Cloud One

Free Trial

Available

Pricing Type

Contact Vendor

Location

Japan

HPE GreenLake is a cutting-edge Artificial Intelligence Software designed to provide organizations with the power of cloud computing while delivering the flexibility of on-premises solutions. The platform offers a range of AI and machine learning capabilities that enable businesses to harness their data effectively, driving innovation and informed decision-making. HPE GreenLake provides tools for ... Read more about HPE GreenLake

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

ONESOURCE Statutory Reporting is an advanced corporate tax software designed to simplify and automate the process of preparing statutory financial reports and tax filings. The software helps businesses comply with local and international tax regulations by automating complex tax calculations, ensuring accuracy, and reducing the risk of errors. ONESOURCE Statutory Reporting supports various reporti... Read more about ONESOURCE Statutory Reporting

Free Trial

NA

Pricing Type

Contact Vendor

Location

Canada

Compliance Software Buyer's Guide

Every business is a legal entity that has to function in an ecosystem of various compliances. This means every business has to function within a legal framework of its obligations towards the welfare, health, and safety of others. The government, depending on your industry and the size of your business, imposes these compliances. These compliances revolve around taxes, employment and labour laws, antitrust laws, advertising, environmental regulations, and licensing, etc. Management of your compliances ranges from internal and external policies and rules to internal and external auditing, third-party auditing, etc. Many companies still use traditional manual methods of compliance management. These methods are not only cumbersome but also leave a lot of errors and chances. Any errors in compliance management lead to legal problems, heavy fines & penalties, and criminal charges against the defaulting company. With the digitization of all processes and the demand for information sharing in digital formats, it’s in the interest of businesses to move towards digital compliance management software.

» What is Compliance Software?

To simply explain, compliance management software or a compliance management system automates all your compliance and legal requirements. It integrates itself with the regulations that different departments of a business are supposed to adhere to and simplifies the internal standards, regulations, and policies vis-à-vis the external governmental regulations. This is a strategic tool that helps a business execute all its compliance-related tasks in an integrated and collaborative manner so as to reduce risks and lapses as much as possible.

» How does Compliance Software Work?

Compliance management software centralizes your entire compliance-related framework and creates libraries to stack all your standards, policies, and regulations. A compliance system, through these centralized libraries, links the procedures, regulations, and standards to your individual business areas. The compliance system then converts these into interactive reports and dashboards with the relevant users and departments within the business. Compliance monitoring software effectively builds the capacities of your legal team with the requisite skills and information necessary to manage the risks that you might face.

» Is it Worth Investing Money in Compliance Software?

Compliance management software is a very reliable way to pre-empt and address the risks that your organization might face while complying to the complex regulatory framework laid down by the government related to your industry. With the compliance management system, you are always better prepared for audits and minimizing unconscious violations. Therefore, it is considered to be a sound investment with long-term benefits for a business.

» Features of Compliance Software

Now that we have established the importance of compliance management software, it is essential to have a customized compliance management solution so as to avoid any errors or lapses in meeting the compliances. For this, it is essential to understand the features of the best compliance management software. Here is a list of the features:

› Monitoring of controls

This is one of the most important features of compliance management software, monitoring of controls helps in businesses to effectively comply with the policies and regulations laid down by the government by documenting the controls in a centralized library. When the controls are integrated and centralized, the workflow becomes simple and easy to execute. This also helps in effective execution of processes.

› Management of policies

Compliance management software helps in simplifying the organizational workflows by documenting all the compliance-related information and making them shareable with the relevant working groups. This concentration of timelines, historical compliance data, information, reports, and bylaws help in maintaining a consistency that is essential for maintaining smooth work processes.

› Alert features

Compliance management system ensures that you receive regular alerts and notifications about all the activities. These alerts are especially beneficial when there have been some lapses in meeting the compliances as they help in taking immediate corrective action as and when required. This also helps the working teams to be proactive and do away with unnecessary and time-consuming escalations.

› Customized dashboards

Compliance systems come inbuilt with dashboards including charts, graphs, and infographics to help the departments’ review information pertaining specifically to their department instead of going through heaps of irrelevant data and information.

› Identification of risks

One of the most important features of the Compliance management system is the cataloging of risks. This helps in documenting them not only for the use of the relevant departments but also for avoiding making such lapses in the future.

› Risk Matrices

Compliance management system uses matrices that allow businesses to define the rating methods that they would like to use, the values that they would like to compare themselves on, etc.

› Assessment of risks

Another important feature of Compliance management software is that it helps businesses to create their own templates or use pre-installed templates in the software system to assess various risks that they might be exposed to. Some of the risks that these templates allow businesses to assess are information technology risks, risks to their projects, product development risks, business risks or risks to their employee welfare processes.

» Benefits of Compliance Software

We all understand the importance of keeping our business compliant to the various laws and regulations pertaining to the place that you operate and the nature of your industry. We have put together the benefits of using compliance management software. Here is a list of the benefits:

› Effective management of risk

Compliance management solution allows the pre-emptive assumption of risks that your business might be about to face. Not only it pre-empts the risks but also assesses them and helps your business in tackling and managing these risks. Since these software use analytics and insights, they help catch potential risks before they become a real threat to your business. With this software, an organization can make more sound decisions about how to ward away compliance-related risks. In the long run, compliance management solutions help businesses in running more efficiently, being more productive, and staying competitive for a long time to come.

› Efficient business processes

Compliance management solutions help a business in devising its processes as per the compliances laid down by the government. This helps not only in effective management of operations but also in letting the processes be risk-free. This way, businesses know what impacts their processes and profits and devise strategies accordingly.

› Reduction in costs

A great advantage of the compliance management system is that it helps businesses in reducing their operating and administrative costs. This is because once you automate and digitize a particular function, use of additional manpower and their salaries, etc. goes down immediately. The processes also become faster and more collaborative. Once you start using compliance management solutions the possibility of human error that might result in lapses in compliances reduces. This further reduces the cost of litigation, fines, and other regulatory complications and loss of reputation.

› The Business has a competitive edge

By utilizing a compliance system, you make your processes and system resilient to any changes in the rules and regulations. By implementing changes, a business stays adept and in line with the laws. Using compliance systems also makes your processes efficient and less time-consuming. Since the processes are now mostly automated, your teams can spend time on bigger things concerning the business and focus on bettering the core areas rather than spending time daily on mundane day-to-day administrative tasks.

› Enhances the credibility of the business

Compliance management software helps businesses stay up to date with the current rules and regulations imposed by the government, following these rules, procedures, and regulations automatically ensures that you are functioning ethically and transparently. The consumer’s trusts businesses that operate ethically and do not violate any rules or laws of the land immensely. In the long run, you ensure customer loyalty resulting in increased profitability.

» What are the key buying factors to be considered before choosing the compliance software?

Every compliance software comes bundled with multiple features and technologies. Therefore, it becomes a little confusing for businesses to choose the best performing compliance management software specific to the needs of their business. To top it all, every business has different needs depending on the country that it is operating and the kind of industry that it functions in. We are sharing some key factors that you should keep in mind before selecting the best compliance management system for your business.

› Does your company need the software?

By now we have understood that to survive, a business has to follow the rules, procedures, and regulations implemented by their respective government. However, making people responsible for reading up on all the laws, ensuring compliance with them, flagging when you are lagging behind anything, filing the required compliance documents is quite challenging. It is always advisable to automate this process to not only save time, which can be spent on meeting more business objectives; it also reduces the chance of human error. Any errors in following the compliances can lead to serious issues like financial penalties, legal damages, and loss of reputation.

› What are your requirements from the software?

Every business will have different requirements from the compliance management system. This will depend on the nature of the industry that the business belongs to and the country that it operates in. For you to make a sound technology investment, you should clearly define your requirements and expectations from the compliance management software.

› What is your budget?

For this very essential software and investing in it, it is important that you earmark a budget separately. In case the budget is not determined, you might end up spending much more than you can afford. On the other hand, you should avoid cutting corners to save money. You should not invest in low-quality software to save money. This might result in larger problems for your business regarding compliances and adherence to laws.

» How to choose Good Compliance Software?

With thousands of software solution options available in the market, it may become quite confusing for businesses to make a sound investment decision. Every brand claims its software is better than the others. We are listing some points, which will help you differentiate great productive software from a not so productive one.

› Understand your organization’s unique needs:

The compliance management software should be essentially chosen according to the specific needs of your business. For that, you need to understand and study the rules, procedures, and regulations that apply to your business. Then you should conduct an assessment to see if you have enough resources to absorb and manage this system on a daily basis.

› Integration and Compatibility:

The Compliance monitoring software that you choose should have compatibility with your existing business networks and tools. If this is not the case then there is a chance that your teams will spend precious time and resources on either buying new business networks and tools or constantly making adjustments between the two to develop collaboration and compatibility.

› Customer testimonials:

The best way to choose a compliance management solution is to assess the reviews of its existing consumers. Mostly the reviews posted by consumers are free of any bias and any commercial interest. These are posted after genuinely using the compliance software.

» Pricing of the Compliance Software

The pricing of a Compliance Management System depends on a number of factors- its features, brand name, compatibility with global technologies and networks, number of years that the brand has been in existence, compatibility, etc. Generally, the pricing varies between $ 50 - $ 100 a month. It is strongly recommended that you use the free basic version before buying the entire software suite to assess the compatibility of the software with your existing systems and tools. This will also give you an idea about how comfortable the actual users are while using the software.

» Conclusion

We hope that by now, you would have understood all the nuances of a compliance management system. We strongly urge you to invest in this very important software that will help you in adhering to the rules and regulations that your business needs to comply with. You should make an informed decision that should be based on clear assessment and due diligence. In case you feel overwhelmed by the multiple brands available with similar-sounding features, we suggest you take guidance from unbiased online information sources that review and rate each software transparently.

Frequently Asked Questions

Compliance Software helps businesses ensure they follow industry regulations, internal policies, and legal standards by automating tracking and reporting.

It reduces the risk of legal penalties, improves accountability, streamlines audits, and maintains trust with customers and regulators.

Top features include audit trails, policy management, automated alerts, document control, compliance checklists, and reporting tools.

Focus on regulatory coverage, customization, real-time updates, ease of use, automation features, and integration options.

It monitors business activities, flags non-compliant actions, maintains necessary documentation, and helps manage corrective actions when needed.

Choose based on the regulations you need to meet, the complexity of your processes, automation needs, and system compatibility.

Very important—cloud-based solutions offer quick access and updates, while on-premise options may suit companies with strict data control needs.

Look for support for additional users, departments, changing regulations, and features like automated workflows and customizable modules.

Compare audit management, policy tracking, regulatory updates, risk assessments, and the ability to customize based on industry standards.

Yes, most platforms offer real-time regulatory updates, tracking tools, and alerts to help businesses stay compliant effortlessly.

Members benefit from clear workflows, timely alerts, document access, and a structured system for meeting compliance requirements.

Yes, it is available in both cloud-based and on-premise versions, depending on your business’s IT infrastructure and data preferences.

It integrates with document management systems, HR tools, ERP platforms, and risk management software to ensure compliance is part of every workflow.

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