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What is the best compliance software?
Here are my top picks for the best compliance software on the market.
1. Hyperproof.
Best solution for staying on top of all security assurance and compliance work.
Hyperproof is a security assurance and compliance management software that allows businesses to obtain the visibility, efficiency, and consistency they need to control all of their activities Security assurance and compliance.
They offer users a simple and powerful tool that allows them to get from point A to point B in the shortest and most accurate way possible.
Features
Hyperproof will make it easier for you to remain in control of the situation. It will remind you of the risks and requirements needed so you don't have to remember them manually.
Here are a few other characteristics that you should pay attention to:
- Less time spent doing repetitive tasks and more time doing what you love.
- Your team can work more efficiently without worrying about missing a task or a deadline.
- An easy to use software solution for operational risk management and compliance.
- Spend less time on routine tasks and more time focusing on what matters.
Pricing
There are various packages for different business needs. The bottom line is that with cloud storage, your data is always safe and accessible no matter where you are and no matter what device you use to access it.
2. LogicGate.
Best solution for creating agile CRM and business risk process applications.
The solution LogicGate combines risk identification and assessment tools with a centralized risk dashboard that allows clear communication with third parties, all managed by an intuitive management software engine workflows.
LogicGate also offers a powerful third party risk management tool that automates the evaluations and scoring of any vendor or supplier in just a few minutes.
Whether you want to better secure your data or monitor business risks, they are there to help you implement stronger security practices within your organization.
Features
With LogicGate, you can centralize your compliance processes. This will reduce the time you spend formalizing and managing policies, procedures, and corrective actions.
Here are a few other characteristics that you should pay attention to:
- Centralize your compliance management processes as well as your risk management.
- This allows you to ensure that you have a plan in place for all possible scenarios.
- Prevent your business from being caught off guard when faced with potential risks that could compromise its activities or objectives.
- Improve your compliance program through regulations and standards.
Pricing
GRC is not a one-size-fits-all solution. That's why professional services and additional applications are available to enable you to meet the specific needs of your business.
While you can always start with the core compliance management platform as a ready-to-use solution, your organization may need additional modules to meet all of its goals.
Various plans are available, depending on your budget and the needs of your organization.
3. Onspring.
Best solution for connecting risks, policies, and a compliance solution into one easy to use tool.
Onspring is the leader in GRC software solutions that eliminate bottlenecks and automate business processes to make your organization more efficient.
Onspring's award-winning, fully integrated GRC software connects risk, policy, and compliance into a single, easy-to-use tool.
This allows you to find the hidden value of your IT team by improving incident management, speeding up ticket issuance, facilitating problem management, and much more.
Watch productivity soar when you automate business processes with reliable workflows, role-based controls, and real-time reporting.
Features
With Onspring, you can get advanced insights into your business data like never before. This gives you a competitive advantage over your competitors.
Here are a few other characteristics that you should pay attention to:
- Your business will be more efficient, which will allow you to have a better vision and greater maturity.
- You'll get advanced information about your institution like never before.
- Get a head start on your competitors by taking advantage of current trends.
- Be the first to innovate in your industry in order to get the largest customer base.
Pricing
Do you have a small team, or do you only have to manage contracts? Onspring can help you find the best plan for your needs.
Get in touch with an Onspring specialist who will help you find what works best for you and get started as soon as possible.
4. WorkClout.
Best for businesses in the automotive industry
WorkClout is an innovative company that helps car manufacturers improve quality, acquire better market research tools and to bring their products to market more quickly.
WorkClout provides a comprehensive, cloud-based solution that allows quality engineering teams to quickly identify and correct issues before they impact customer satisfaction or production.
The company works with its customers to enable them to implement their new processes in 7 days or less.
Features
With WorkClout, you will be able to use a customer data platform to ensure customer satisfaction, while ensuring comprehensive quality audit management, monitoring and reporting of internal processes.
This will allow you to easily identify the right risk and compliance solutions throughout the lifecycle.
Here are a few other characteristics that you should pay attention to:
- Streamlined, all-in-one quality management so you can easily find, access, and manage information.
- Easily identify risks and opportunities across the lifecycle.
- Effectively monitor and report on the work carried out by engineers working in a multi-departmental environment.
- Adopt a digital solution in a week (or less) to quickly and easily streamline quality.
Pricing
WorkClout offers a pricing plan that is suitable for all organization sizes. Smaller teams can choose the Plus option, which includes unlimited users per site as well as advanced automation and quality analysis.
Larger teams with greater data collection and migration needs may want to opt for the Pro version. Large organizations will need enterprise-grade integrations and support from WorkClout's team of experts.
5. Jolt.
Ideal for businesses that employ workers without an office
Jolt is software for restaurants and businesses that helps compliance managers be more productive. With Jolt, employees are promised to exceed expectations, even when their supervisor isn't around.
Their software comes with accountability - thanks to their unique “digital assistant” concept, all team members are armed with the right software on their smartphone or tablet, ensuring that everyone does what they need to do.
You won't have to worry about missed opportunities anymore.
Features
An efficient workforce saves the company time and money. That's the promise Jolt makes.
Here are a few other characteristics that you should pay attention to:
- Save time and money by having a more efficient staff.
- Improve customer satisfaction with clean, fresh food produced at the right time.
- Build the business you've always wanted by delighting your customers with exceptional support.
- Employees will enjoy their work and stay there longer, which will reduce turnover.
Pricing
Jolt offers you a demo of its compliance management system that can be used to empower your store, improve team accountability, employee performance, and food safety measures when managing customers on the go.
6. Auditus.
Best solution for conducting safety inspections and quality audits
Auditus is a digital inspection solution for businesses in two sectors: construction and business services.
The application is used by over 9,000 sites to manage their compliance activities and controls, which includes developing checklists, conducting inspections, analyzing data, and monitoring compliance actions/issues.
Auditus helps businesses reduce risks while saving time and money by avoiding the need to re-enter information later. It also has a multi-language application that is available online and offline on iOS and Android devices.
Its state-of-the-art scoring system reduces risks while its action management workflows help manage priorities more effectively.
Features
By having a single place to track inspections and compliance training sessions using Auditus, you'll be able to track progress in order to accurately record relevant data.
Here are a few other characteristics that you should pay attention to:
- You will be able to inspect your business from anywhere.
- Inspections will be faster with the mobile application.
- Your team will feel more responsible for their work.
- Track the progress of the completion of the inspection so you can accurately record and report incident data.
Pricing
To find out how Auditus can streamline your business, schedule a demo or take a 30-day free trial.
A premium account starts at £25 per month, but if you opt for the Enterprise plan, you'll get plenty of other key benefits and features.
7. PowerDMS.
Best way to prepare for risk management and respond to a crisis
PowerDMS is the leading compliance and policy management platform for high-trust organizations.
In today's world, it's not enough to have policies on a shelf or in a dusty filing cabinet — you need to have them where your employees are looking at them: on their screens when they log in to work every day.
The system cloud storage software PowerDMS's easy to use helps you communicate with your employees about the hundreds of policies and regulations that govern their every move.
PowerDMS is committed to making it easier for organizations to comply so they can devote more time and resources to what matters most: the success of their businesses.
Features
By using PowerDMS, you can save time and energy, making it easy for employees on the go to review, approve, distribute, and track.
Here are a few other characteristics that you should pay attention to:
- Create a better work environment for your employees by giving them access to the policies they need in one place.
- Spend less time grappling with technology tools, allowing you to focus on more important priorities.
- Align your organization's policies with its practices and document employee training at every stage of the process.
- Manage compliance policies and documents more effectively.
Pricing
With over 4,000 organizations using PowerDMS software to ensure their employees receive timely updates on policies that may affect them, getting a demo is the best way to understand how they can help you be compliant and improve your HR department.
Get in touch with them through their website and they will offer you a personalized demo that will help your business.
What is compliance software?
Compliance software is the set of technologies that help businesses maintain the standard through regulatory compliance software in order to prepare for and respond to a crisis. Compliance requires many small tasks such as preparing forms or documents.
By reducing administrative burden and automating routine tasks, compliance software frees up valuable time and resources for other projects/activities.
Simply put, it is software that tracks and documents the audit.
We believe that the best compliance system should have the following characteristics:
- Checklist creator (you don't need to go through all the training materials over and over again just to create a new list of things employees need to take care of)
- Compliance monitoring and reporting capabilities
- Checklist templates to speed up the training process.
- Automate checklists so users can simply run them and don't have to do anything else
The advantage of such a system is that it can be integrated into your existing compliance processes and software. For example, if you work locally in a factory, it can work with your intranet without requiring additional configuration.
Businesses that work in the compliance field need to take care of a lot of things, but they need to have a system that can take care of them automatically.
FAQs
What does it mean when businesses are “in compliance”?
The most basic idea to be in compliance is to obey current regulations.
However, it's not just about obeying, but also about ensuring that your company's policy and daily activities align with existing rules and guidelines for security, financial reporting, and more.
In a nutshell, being in compliance means that you are “in line” with what is expected or required for your business/industry — and that may change depending on the rules in your industry.
Being in compliance also means that you are in good standing with regard to EHS (environment, health and safety).
What are the types of compliance?
There are various types of compliance that you should be aware of. So we've included a quick list below to help you better understand each one.
Compliance with standards: The concept of compliance with standards is based on adherence to industry best practices or guidelines.
There are several types of standards, including quality management, environmental protection, and workplace safety.
Legal compliance: This type of software helps organizations prove that they are in fact complying with the law.
Being legally compliant means that you obey the rules set out by various laws or regulations, like HIPAA (for healthcare businesses) or Sarbanes-Oxley.
Compliance Audit: Also known as “self-compliance,” this is the regular process of verifying your own business's compliance with a regulatory change or compliance.
This type of audit can be carried out internally or externally (by an experienced external party). This can be useful in the case of change management.
Summary.
Being compliant means that you take the necessary precautions to avoid being penalized in the future due to lack of compliance and/or failure to comply with industry rules.
Choose from the compliance software alternatives below:
- Hyperproof : Best solution to master all tasks related to security assurance and compliance.
- LogicGate : Best solution for creating agile CRM and enterprise risk management applications.
- Onspring : Best solution for connecting risks, policies, and a compliance solution into one easy to use tool.
- WorkClout : Best for businesses in the automotive industry
- Jolt : Best solution for businesses that employ workers without an office
- Auditus : Best solution for conducting safety inspections and quality audits
- PowerDMS : Best for preparing for risk management and responding to a crisis
While this may seem like a lot of options, the right compliance software will make it easier than ever to position your business as an expert, trustworthy, and reliable authority in your industry.
