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What is Compliance Management Software?

Compliance management software is used by organizations to comply with legal, industry, security, and other regulations. Every organization needs to follow and abide by many regulations and rules. Compliance management software helps you collect all compliance knowledge under one roof and regulate and maintain the necessary compliances.Show more You can manage compliance risk by governing and tracking your global and domestic regulatory requirements in real time. Features such as customized calendar and compliance library facilitate compliance actions for each legal body and ensure they are automatically updated as regulations change.Show less

How was this ranking made?

To create this list of best Compliance Management Software we have researched 71 various solutions currently available on the market, studying their features, ease-of-use, customer service, available integrations with other systems and mobile device support with our patented SmartScoreTM rating system. This list has been created by Jenny Chang, our SaaS authority dedicated to the Compliance Management Software category.

List of Top 13 Compliance Management Software

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1. Gatekeeper

Our score: 8.8 User satisfaction: 94%

Manage and process contracts in one place. Reduce manual steps in contracting processes using its unique AI-powered features, smart workflow engines, powerful portals, fully-featured modules, and extensive integrations with other business applications.

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2. ManageEngine ADAudit Plus

Our score: 8.6 User satisfaction: 100%

ManageEngine ADAudit Plus is an online Active Directory change audit solution, providing comprehensive reports on changes occurring in Windows Active Directory.

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3. vRealize Configuration Manager

Our score: 9.8 User satisfaction: 92%

A compliance management software that enables users to manage & remediate asset compliance. It is easy to use, thanks to its neat, clean, and sleek design. Aside from being highly customizable, the platform offers a robust policy library to keep businesses updated with crucial regulatory changes.

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4. Thomson Reuters Compliance

Our score: 9.7 User satisfaction: 94%

A holistic approach to regulatory compliance and mitigation of risks. It is a popular global regulatory compliance platform among companies with international operations. Subscription will also allow you access to important reports and generate insights from up-to-date and accurate data. It is known for having a robust legal compliance module.

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5. Nintex Process Manager

Our score: 9.1 User satisfaction: N/A

Nintex is a cloud-based process management software app that you can use to create and store business processes online. Features include personalized navigation, collaboration tools, and simple process mapping. It has robust risk management and HR management modules to boot.

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6. SAI360

Our score: 9.1 User satisfaction: 82%

A risk and compliance management platform designed to help your organization effectively navigate risk with a flexible, agile approach.

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7. Druva inSync

Our score: 9.0 User satisfaction: 100%

An integrated solution that provides visibility into end-user data sources and usage activities to ensure compliance. Key features include data risk scanning, end-user data tracking, data risk identification, and data sources audit trails. The platform also provides users customizable compliance templates.

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8. Form Restaurant Compliance Software

Our score: 9.0 User satisfaction: N/A

An intelligent and dynamic online and mobile restaurant inspection software designed to help streamline inspection tasks and guarantee operational quality, safety, and compliance. It supports customized branding, allows offline mode, and offers dynamic forms that automatically change based on locations, users, and tasks.

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9. Skillcast

Our score: 8.9 User satisfaction: 100%

Skillcast is a force to be reckoned with when it comes to compliance training. It helps organizations deliver off-the-shelf and bespoke training courses through its powerful LMS tools and extensive course libraries. What’s more, it has innovative gamification options to elevate learner engagement and enhance knowledge retention.

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10. BigID

Our score: 8.7 User satisfaction: 97%

A modern data intelligence platform that enables enterprises to discover, manage, and protect data critical to their business. Powered by machine learning, the software allows for more efficient, consistent, and scalable data governance across any data in the cloud or data centers. It makes it possible for companies to know their data and take action for protection, privacy, and perspective.

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11. HSI Donesafe

Our score: 8.6 User satisfaction: 94%

Donesafe is an all-in-one, cloud-based Health, Safety, Environment, and Quality (HSEQ) software designed for businesses of any size. It carries more than 30 applications that provide end-to-end compliance solutions and has smart forms that can be used to build workflows. It also automates workflows, streamlining your operations in the process.

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12. Jatheon Cloud

Our score: 8.0 User satisfaction: 100%

Jatheon Cloud is a cloud email archiving solution that enables businesses of all sizes to archive, manage, monitor, index, and retrieve emails quickly with ease.

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13. CE Check

Our score: 8.0 User satisfaction: N/A

Easiest and most efficient way to get your product on the market. With this revolutionary CE marking tool, you can be CE marked and ready to go in as little as four weeks.

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Compliance Management Software Guide

Table of contents

Compliance management tools help organizations and companies meet their regulatory requirements. There are numerous good quality solutions in this category. So how do you do effective comparisons to select the best compliance management tools for your needs? We make your task easy by detailing the main features and factors to look for in these platforms.

Get to know each product with free trial

A great way to start your search for the best compliance management software is to sign up for the free trial or demo of leading programs. Top compliance management software providers offer this facility to enable you to check out their app’s features free of cost and do a general comparison with other tools. We recommend you check out LogicGatePromappMyEasyISOField iD, and Deltek Costpoint. These applications have received impressive rankings and ratings in our compliance management software reviews.

Targeted Businesses

Organizations in almost all sectors and industries need to meet various compliance requirements. Therefore, compliance management software is essential to small, medium-sized, and large enterprises in any sector or industry.

Most compliance management software tools are flexible. They can be customized to fit any industry. Some, however, are highly specialized. Common targets of highly-specialized platforms are restaurants, IT businesses, and life science research.

Examples of Compliance Management Software

  1. LogicGate: A workflow automation solution that enables you to build business applications and streamline communications. You don’t have to hire expert developers as you can build and deploy business apps with solution templates. Plus, you can use its simple drag-and-drop interface to create complex business process workflows. LogicGate helps companies automate their risk and compliance processes by deploying workflows as self-contained applications.
  2. Promapp: A cloud-based process management software solution that allows you to create and store business processes online. The tool processes and tracks changes in real time and allows you to approve and complete operations in the cloud. The best part is you don’t need to worry about training or maintenance costs. Other highlights are the tool’s streamlined navigation and effortless exchange and sharing of processes and files.
  3. MyEasyISO: A full suite of ISO QHSE software. It helps you implement and manage ISO 22000, OHSAS 18001, and ISO 9001 and 14001 standards easily. The solution simplifies ISO compliance by automating most of the processes. This helps you to quickly and efficiently implement ISO certification. The best part is the application’s software modules are easy to use, adaptable, and versatile.
  4. Field iD: A popular EHS compliance management platform that provides a range of sophisticated features. It allows you to create safer workplaces by using the features offered via its web-based system. The application uses the arrangement of RFID tags and barcodes which helps to automate the EHS framework of organizations in different industries. Top features include reporting interface, asset tracking, safety dashboards and more.
  5. Deltek Costpoint: A suite of ERP solutions designed for government contractors and businesses. It offers them quality business intelligence, manufacturing, labor management, and project accounting solutions that enable them to be compliant while boosting efficiency and profitability. Top features include compliance, contract management, automation, analytics, and employee self-service.

Types of Compliance Management Software

There are three main types of compliance management software:

  1. All-purpose platforms. These provide generic features for compliance management across sectors. Sample vendors include Navex and CMO Compliance.
  2. Industry-specific applications. These help companies in heavily regulated sectors such as financial services, industrial manufacturing, health care etc. meet specific commercial and legislative requirements.
  3. GRC (governance, risk management, and compliance) platforms. These offer generic compliance management tools as well as a wider set of features such as legal management, business continuity planning, and IT risk management for corporate governance and risk management.

Key Features of Compliance Management Software

  • Fraud management. This feature allows you to detect fraudulent activity in vendor payments, financial statements, etc. Your company’s employees can use web forms and whistleblower hotlines to alert management about fraud.
  • Conflicts management. Enables you to track potential conflicts of interest such as employee trading, employee gifts, etc.
  • E-learning for compliance training. Customizable and generic online courses to train employees on compliance activities.
  • Change management and regulatory intelligence. Tracks XML and RSS feeds of regulatory information and alerts put out by government organizations and standards bodies. You can map the feeds to existing policies. Some vendors employ legal teams that build knowledge bases of global regulations.
  • Audit management. Includes reporting and case management features and systematic workflows to investigate and resolve compliance issues. Some platforms support field reporting in real time for audits.
  • Compliance reporting. Offers scheduled reports and dashboards to help you get visibility on noncompliance and violations at various levels. Top apps support continuous tracking of KPIs linked to important business processes for compliance problems.
  • Controls monitoring. Workflow engine allows departments to attest compliance with regulations and policies. Controls are recorded in a centralized catalog and standardized workflows facilitate a process for controlled incident escalation.
  • Compliance registry and policy management. Version control, approval workflows, policy authoring etc. Policies are recorded in a central registry that maps relevant regulations.

Benefits of Compliance Management Software

  • Your company management can enjoy peace of mind after meeting all compliance requirements.
  • The software provides alerts about impending deadlines for compliance thereby helping you avoid penalties.
  • Your company can showcase good compliance and attract investors, employees, and customers enabling your business to grow and prosper.
  • A quality compliance solution can help to prevent errors before they happen or detect them at an early stage, thereby minimizing the need to repeat tasks.
  • The software can embed compliance in the DNA of your business operations which improves efficiency in all departments.
  • Your company can enhance brand loyalty and trust by implementing an effective and well-communicated compliance program. This will tell your stakeholders that your company regards compliance as a top priority and is committed to meeting the highest ethical standards. Plus, it demonstrates your knowledge and expertise on all pertinent regulations and laws. This will increase the trust of vendors, employees, and customers in your company and boost brand loyalty.

Increasing need for ethics and compliance. In 2017, the US, Japan, Europe and other regions saw accelerated economic growth. As companies expand and reach new markets, they encounter more compliance and ethical risks. Therefore, organizations are focusing on putting effective structures in place to govern their compliance practices and ethical culture as they graduate to higher levels of activity.

Importance of cybersecurity. Corporate cybersecurity has become most important given the increasing incidents of ransomware and hacking attacks. Cybersecurity risk extends to third parties, employees, operational units, and business units. This means compliance plays a key role and businesses need to ensure that they are compliant with the latest and best cybersecurity standards and regulations to ensure their systems and customer data are safe from prying eyes.

Automated Compliance. AI made a big splash into the SaaS industry, including in the compliance management software category. As market change and regulations are becoming more dynamic, a human-paced historical analysis will get you left behind. Armed with real-time data and feeds, AI-augmented platforms can adapt faster, thanks to predictive analytics, machine learning, and great computational power.

Potential Issues

Obsolete software. Older software is not designed to keep up with constant change. Plus, they are difficult to use and maintain, and costly to upgrade. The solution is to invest in a modern platform that enables you to keep updated with the latest changes in compliance requirements.

Compliance silos. In many companies, separate teams, roles, and activities are involved in handling different compliance requirements. This means there is often lack of communication and integration among these different compliance silos. As a result, there is inefficiency and duplication of work. The solution is to ensure all your company’s compliance activities are integrated and managed cohesively to enhance efficiency.

Software tools underutilized. Many times, companies buy the most comprehensive software platforms they can find. However, employees end up not using its full set of features. This doesn’t only neglect the cost of initial adoption. This also continues to be an opportunity cost that keeps on piling up. Therefore, in some sense, compliance management needs more stringent compliance rules, regulations, and monitoring.

Types of Deployment

There are usually three types of compliance software deployment. These are (1) on-premise, (2) cloud-based, and (3) hybrid.

  • On-Premise. This is a traditional deployment option for different types of solutions. It requires you to install a software on your machine. That said, one of its main advantages is that you can use it even if you are not connected to the internet. However, it can also limit the amount of collaboration you can do in your system.
  • Cloud-Based. Users access this type of software platform via web portals. Usually, these include collaboration tools and you can bring them on the go, provided you have an internet connection. Some even have an offline access feature, which is perfect for those working on the field.
  • Hybrid. This type of software deployment provides you with flexibility. With this, you can install a client on your work desktop, and, should you choose to work at home, you can access your web portal via another device.

The Bottom Line

Compliance management software tools are usually offered in personalized quotes. Every deployment is different as every company. So, before choosing a platform to adopt, you should always remind yourself of the bottom line that software adoption is an investment. You need to measure its ROI.

However, this is not that easy. Compliance doesn’t exist in a silo. You need to work with other departments to keep track of whether your investment really paid off.

List of Compliance Management Software Companies

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Product name:
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User reviews:
Nintex Process Manager reviews

Nintex Process Manager

Compliance Management Software
9.1
by quote
-
Quality Management Software (QMS) reviews

Quality Management Software (QMS)

Compliance Management Software
8.8
By quote
-
SAI360 reviews

SAI360

Compliance Management Software
9.1
By quote
82%
HSI Donesafe reviews

HSI Donesafe

Compliance Management Software
8.6
By quote
-
Cabrella reviews

Cabrella

Compliance Management Software
8.6
By quote
96%
MasterControl QMS reviews

MasterControl QMS

Compliance Management Software
8.8
By quote
-
Workiva reviews

Workiva

Compliance Management Software
8.7
By quote
-
Promapp reviews

Promapp

Compliance Management Software
9.1
by quote
-
AutoBCM NextGen reviews

AutoBCM NextGen

Compliance Management Software
8.0
By quote
-
Compliance Aspekte reviews

Compliance Aspekte

Compliance Management Software
8.0
€49
96%
Safefood 360 reviews

Safefood 360

Compliance Management Software
8.0
By quote
93%
FaceUp Whistleblowing System reviews

FaceUp Whistleblowing System

Compliance Management Software
8.0
$39
-
Infopulse Standards Compliance Manager reviews

Infopulse Standards Compliance Manager

Compliance Management Software
8.0
€49
96%
COMPLYment reviews

COMPLYment

Compliance Management Software
8.0
By quote
100%
KYCAID reviews

KYCAID

Compliance Management Software
8.0
€0.10
98%

Things to consider when you invest in a SaaS

Pricing details are a vital consideration when you analyze SaaS providers. Ask the provider if they offer price safeguards and contractual flexibility. “Shelfware” has become a major issue in SaaS licensing as customers end up paying for more than they require. Plus, to get pricing predictability, consumers are forced to subscribe to long-term contracts. Make certain you don’t get saddled with perpetual licensing and get locked in for a long period with a single provider. Ask about easy exit policies that enable you to move on to another vendor if you are not satisfied with the services offered by the current one. Select a provider that offers a convenient standard annual termination facility as well as long-term price protection.

Another crucial element to consider is whether the cloud provider meets compliance and security requirements. Your company is answerable to staff members, customers, business partners, and regulators. Therefore, you should choose a provider that has adopted a technically sound and comprehensive security program. Map your security control requirements such as availability, integrity, confidentiality, privacy, and accountability to the provider’s capabilities. Ask the potential vendor about the processes and systems they use to protect your sensitive data. Do they meet general as well as industry-specific compliance and security standards? Do they offer special measures to meet the unique security needs of your specific industry? Get satisfactory answers to these queries before you make the investment.

Frequently asked questions about Compliance Management Software

What is the best compliance management software?

The best compliance management software is Form.com. It helps companies manage inspections, audits, incident reports, root cause analysis, and even supplier audits, among others. The platform is being used by businesses of all sizes and in different industries. These include retail, restaurant, and oil and gas.  With Form.com, businesses can digitize audits and expedite corrective and actions (CAPAs). 

Aside from its interface, the real differentiator of this platform is its flexibility. You can design dynamic forms and workflows easily in the system. This means that you can quickly deploy tools to ensure compliance. Create and distribute forms for incident tracking, CAPA management, safety audits, and any workplace-related evaluation. Also, it has powerful automation options. 

What’s more, Form.com is mobile-ready. It even has offline access to ensure compliance-related processes don’t get bogged down whenever there is no internet connection. This is very important when you are out on the field. 

What are the benefits of compliance management software?

General benefits for adopting compliance management software are: 

  • Save time on audits. Keep your compliance forms and files handy on your work computer and mobile devices. Key in relevant information and let the software update records and create reports with helpful visualizations. 
  • Increase accuracy. Minimize the risk of human errors. Take advantage of automations that can accurately perform menial tasks like transferring data to spreadsheets. 
  • Never lose files. Stop worrying about loose pages and missing forms. When you migrate your analog compliance processes into digital, you can rest assured that everything will be right where you left them. 
  • Flexible workflows. As your company scales its operations, compliance-related processes will need to change. With the aid of compliance management platforms, you can easily tweak forms, create new workflows, and automate new processes when needed. 
What are the features of compliance management software?

Most compliance management software products have these general features below. 

  • Regulatory Intelligence. Tap into current regulatory RSS feeds and alerts. Keep your regulatory records and standards updated with this feature. 
  • Audit Management. This module helps you conduct audits. Features include form creator, data aggregator, and reports creation. 
  • Analytics and Reporting. Take advantage of your data and generate actionable insights from your reports. These features help you make data-driven decisions. 
  • Dynamic Form Creator. A standard among compliance management systems, this feature allows you to customize audit forms and checklists. 
  • Automated Workflows. This lessens the time you spend on menial tasks or computationally heavy tasks. Configure triggers and target actions easily. Also, top products have automated compliance modules that make use of AI to help in analyses and corrective action plans. 
What is the easiest compliance management software to use?

Compliance management is a complex and sensitive process. That is why most compliance management software solutions were designed to make it simple. However, there are those that are stellar at making the complex and complicated simple. Here are three of them: 

  • Form.com. This is one of the easiest platforms to use. It has an intuitive dynamic form creator which is one of the best in all software categories. Plus, configuring automations is very simple to do. It is popular in many industries from restaurants to oil and gas.  
  • vRealize Configuration Manager. An easily navigable compliance management platform, it helps users keep up with regulations through its policy library and compliance breakdown modules. It has a neat, clean, and simple interface design. 
  • Thomson Reuters Compliance. This is easily one of the most trusted compliance management systems for global brands. It helps businesses navigate international regulations with ease. Its risk management module is easy to use. It is also known for its stellar legal compliance solutions. 
What is a good free compliance management software?

Most good compliance management software solutions are being monetized by developers. Compliance is a sensitive and highly complex business area. Thus, you really want a premium platform and a trusted provider for it. The next best thing is really to sign up for a free trial and find out if the software is good for you. However, it’s somewhat rare to find top providers that offer free trial plans. What’s more, these trials only last for seven days to a month. That said, they’re not good for long-term use. 

If you want easy-to-use compliance management software solutions that have a great balance between price and features, check out some of the examples we’ve mentioned above. 

Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.

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