Best Compliance Softwares for Managing Risk & Compliance: A Walkthrough
Businesses around the globe need to function as per some industry and government regulations for maintaining specific standards and for ensuring high quality.
In case these regulations are not followed properly, the resultant service or product can turn out to be harmful to the customers and affect your firm’s reputation or even invite legal implications. This is where compliance management software comes in.
Compliant management software, also known as GRC software, helps large and small businesses make their processes compliant with all relevant legal, security, industry, and any other such regulations.
This software can track compliance regulations followed by various departments within your organisation. Such a solution is necessary for avoiding legal action in case of violation of regulations. They are also important that the quality of any service or product meets a certain threshold.
GRC software stands for Government risk management and compliance software. It is an efficient method for publicly owned companies to manage all IT-related compliances and risks. These compliances are not only centered around business processes but also the workforce.
Features of GRC Compliance Management Solutions
While purchasing compliance management tools, it is necessary that you look for certain specific features for the best performance. We list some of them below-
Other popular compliance management software features are fraud management to detect accounting anomalies, workflow management, risk management and integration competence.
If you are looking for a suitable compliance management system software, then you have come to the right place. We mention the top 10 software SMBs can use for complying with all set rules.
Compliance Locker by Arkus is one of the most proficient ways to ensure all necessary compliances are met. It can be used alongside Salesforce Chatter and capture all posts and comments with the help of Chatter compliance custom objects. Compliance officers can track and store activities recorded within Salesforce Chatter.
Features of Compliance Locker Governance Risk and Compliance Software
Price of Compliance Locker GRC Software- It’s a free compliance management software.
MyEasyISO compliance management solution offers a high degree of customization and flexibility to users. This compliance management tool is quite useful for the management of compliances such as health and safety, quality, environment and much more.
Features of MyEasyISO GRC Platform
Pricing of MyEasyISO Compliance Management Solution- The price of MyEasyISOcompliance software starts from ₹2124.58 per month.
Wdesk from Workiva automates most of the repetitive tasks associated with compliance management, leaving you ample of time for improving efficiency. Wdeskcloud-based compliance management tool allows you to create engaging datasets that can be shared with different team members.
Features of Wdesk Regulatory Compliance Management Software
Price of Wdesk Compliance Management Tool- The price of this software is available on request. You can visit the official website for more details.
Donesafe compliance management system software offers enhanced connectivity for bringing all your processes and people under one roof. Donesafe offers more than 30 apps that can be configured as per your requirements. You even have the option of creating your app for meeting your compliance needs.
Features of Donesafe Compliance Tracking Software
Price of Donesafe Governance Risk and Compliance Software- The price of Donesafe is available on request.
Tallyfy compliance management software is suitable for keeping a tab on repeatable procedures without having to maintain a mail chain. It has a robust set of APIs and comes with CRM integration for cross-referencing a client’s credentials.
Features of Tallyfy Compliance Software
Price of Tallyfy GRC Software- The price of Tallyfy starts from ₹305.50 per user per month.
InspectAll compliance management solution is known for easy building of forms, monitoring valuable assets, and obtaining insights into the functioning of critical business processes. InspectAll software shows you the relevant history of customer compliances and manages them efficiently.
Features of InspectAll GRC Platform
Price of InspectAll Regulatory Compliance Management Software- InspectAll software can be purchased at a cost of ₹3589.81 per month.
IBM OpenPages regulatory compliance management software makes use of advanced artificial intelligence tools for the identification of risks associated with governance. OpenPages can be effectively coupled with IBM’s AI assistant Watson and develop compliance strategies for financial controls, IT controls, and those for internal audits.
Features of IBM OpenPages Compliance Management Tools
Price of IBM OpenPages Compliance Management System Software-
The price of this software is available on request. You can contact us for obtaining further details.
StandardFusion compliance management system software is a useful addition to your kitty for maintaining compliances for several standards such as ISO, SOC2, NIST, HIPAA, etc. With StandardFusion, you can even delegate compliance management tasks on a company-wide scale or only with specific teams.
Features of StandardFusion Compliance Management Tool
Price of StandardFusion Compliance Management System Software- The price of this software starts from ₹54946.13 per month.
Predict360 compliance tracking software can be used for obtaining deep insights into the performance of compliance strategies across teams. It is also helpful for predicting how your compliance processes may turn out to be in the future and if they need to be tweaked.
Features of Predict360 Compliance Tracking Software
Price of Predict360 Government Risk and Compliance Software- The price of this software is available on request. You can visit the official site for more details.
ServiceNow compliance management system software is popular for designing such workflows that not only increase the productivity of your employees but also increase the conversion ratio. The creation of digital workflows in ServiceNow is fully automated which makes it easier to implement certain regulations.
ServiceNow Compliance Management Software Features
Price of ServiceNow Compliance Software- ServiceNow software’s price is available on request. Visit techjockey.com for obtaining more details.
How to Find the Best Compliance Management Solutions
The best compliance management solutions are those that can help different segments within your organisation to collaborate better. They should also be able to provide intuitive reports and a dashboard to monitor the degree of compliance of different processes. At last, the top compliant management tools should consider all relevant regulations such as SOC1, SOC2, and more to not only meet quality standards but also avoid legal action or penalty.
Building your website can be quite nightmare, but it has become way too easy… Read More
A Content Management System or CMS is a system through which the creation, management, and… Read More
As your business grows, managing expenses becomes more complex. A Travel Expense Management Software can… Read More
Companies adopt the public cloud for many reasons, and it has become the standard for… Read More
Artificial Intelligence (AI) has transformed multiple fields like digital art, photography, and more. AI image… Read More
The AI Art generator is an online tool that uses artificial intelligence to design unique… Read More