Policy Management Software is a type of software designed to help organizations manage their policies and procedures. It allows for the creation, tracking, enforcement, and storage of documents related to organizational policies such as employee handbooks, HR guidelines, code of conduct rules, security protocols, and more.
The software also helps with compliance management by alerting users when an update or change needs to be made in order to remain compliant.
Policy management software can also help streamline processes within an organization by automating tasks that would have previously been done manually. Some policy management solutions even offer reporting capabilities to track progress on meeting your goals and objectives over time.
Ultimately this type of software is incredibly useful for any organization that wants to ensure they are following best practices while remaining up-to-date on changing regulations or laws.
We’ve rounded up 12 of the best options on the market, to help you find the right fit for your needs.
1. PowerDMS
PowerDMS is a powerful policy and compliance management platform designed for organizations that place trust in their employees.
It provides comprehensive solutions to ensure your organization stays compliant with the most up-to-date regulations. With PowerDMS, you have full control over every document and update, creating one source of truth for all your content.
This ensures accuracy across all versions of documents – when updated, all instances are refreshed automatically so everyone is on the same page.
Additionally, PowerDMS offers training tools to help educate staff about new policies and accreditation solutions to monitor compliance levels within an organization.
2. Workiva
Workiva is a cloud-based platform that simplifies complex reporting and disclosure challenges. It helps organizations streamline their processes, collaborate in real-time on documents, quickly create reports and disclosures, securely store data, and track changes across an organization.
Workiva’s easy-to-use solution is designed to help you save time and money while ensuring accuracy in your reporting. With its powerful analytics capabilities, you can easily access the data you need to make informed decisions.
Learn more about how Workiva can help your business at workiva.com or follow them on LinkedIn, Facebook, and Twitter for updates!
3. LogicGate Risk Cloud
Risk Cloud® is an innovative and powerful governance, risk, and compliance (GRC) platform that allows organizations to quickly adapt to dynamic business requirements and changing regulatory landscapes.
Its suite of purpose-built applications enables risk professionals to develop a market-leading risk strategy with ease, while its intuitive technology provides the flexibility necessary for organizations to evolve their approach over time.
Risk Cloud® ensures that organizations are able to remain agile in the face of ever-shifting conditions;
making it the perfect choice for companies looking for policy management software solutions.
4. Strike Graph
Strike Graph is an innovative cloud-based solution that simplifies the process of obtaining industry standard certifications such as SOC 2, HIPAA and ISO 27001.
These certifications are incredibly beneficial for B2B companies, improving their chances at acquiring more revenue through enterprise deals.
The platform works to rapidly deploy a security and compliance program by automatically collecting evidence from common business systems and infrastructure via API-driven integrations.
This makes it easier for companies to pass audits quickly, helping them create trust with clients in order to close deals faster than ever before at a fraction of the cost compared to traditional methods.
5. PolicyCo
PolicyCo is a policy management software that helps companies create, manage and distribute their policies, procedures, and standards for cybersecurity. It allows users to break down complex policies into individual elements, providing an easier way to navigate through the process.
PolicyCo also has evidence-gathering capabilities that can be used to demonstrate compliance with third-party requirements. In addition, its virtual Chief Information Security Officer (vCISO) expertise provides users with deeper insight into how to bridge the gap between policy and compliance. Get started today by signing up for a free account!
6. LogicManager
LogicManager is a SaaS platform that provides enterprise risk management (ERM) software to help organizations uphold their reputation and anticipate potential risks while improving business performance.
With advanced taxonomy technology, LogicManager offers over 120 different point solution packages tailored to individual business needs. They have been widely praised by industry analysts such as Gartner, who placed them highest overall in the 2020 Magic Quadrant for IT Risk Management Tools, and Forrester Wave™ which recognized them as a Leader on the 2020 Governance, Risk, and Compliance Platforms report.
Their global presence with offices in both the United States and Europe allows companies from all around the world to benefit from this ERM software.
7. SAI360
SAI360’s cloud-based platform offers flexible, scalable modules to help companies navigate risk and take the right risks at the right time. Features include customizing your program easily, creating an engaged corporate culture, leveraging IRM insights & best practices and real-time learning. With over 25 years of experience, SAI360 can provide tailored solutions for any organization’s risk management journey. Learn more: https://www.sai360.com
8. Policy Manager Software
PolicyStat provides policy management software designed to make the task of managing policies and procedures simpler for all sizes of healthcare facilities.
With PolicyStat, hospitals, labs, outpatient clinics, and integrated health networks can create a centralized repository for their policies and ensure everyone has access to the most up-to-date information at any time.
The software makes it easy to track revisions in real-time so users know they are always following approved versions.
It also helps organizations facilitate peer review processes so they can quickly approve new or revised documents, as well as manage employee training on existing policies with automated notifications when changes occur.
In addition to providing industry-leading policy management software, PolicyStat offers comprehensive support services including system setup assistance, user onboarding guidance, and ongoing technical support.
9. StandardFusion
StandardFusion is a cloud-based Governance, Risk, and Compliance (GRC) platform that caters to the needs of information security teams from all sizes of organizations.
It provides an easy and user-friendly experience for managing operational risk, audits, and vendors while offering top-notch customer service support.
The core mission behind StandardFusion is to make GRC simple and accessible for companies regardless of their size or scale.
With its powerful toolsets designed with ease of use in mind, StandardFusion empowers users to effectively keep track of risks, vulnerabilities, and other compliance-related tasks without any complexity.
10. ComplianceBridge
ComplianceBridge is a comprehensive policy management software solution that offers organizations a hassle-free way to manage their policies and ensure compliance.
The automated system makes it easy to publish, monitor, report on, and audit the performance of any policy.
It features an intuitive user interface that allows users to quickly access important information with minimal effort; this helps reduce the time needed for routine tasks such as creating reports or verifying compliance status.
Additionally, ComplianceBridge provides real-time updates and notifications so managers can stay informed about any changes in policy or compliance issues.
The software also includes advanced reporting capabilities which allow for detailed analysis of trends over time. Overall, ComplianceBridge is an excellent tool for ensuring your organization’s policies are up-to-date and compliant with applicable regulations at all times.
11. Onspring
Onspring is an award-winning process automation platform that helps businesses harness technology for governance, risk management, compliance (GRC), audit, and IT to simplify workflows and eliminate manual tasks.
Onspring’s intuitive design allows users to customize the system to meet their unique business needs while providing real-time reporting.
With its people-powered automation capabilities, Onspring helps companies improve daily operations by streamlining processes and automating mundane tasks.
This enterprise software can be used across different departments within a company including finance, legal, human resources, IT security, and sales teams.
As a result of using Onspring’s policy management software solution, businesses are able to increase efficiency while reducing costs associated with manual labor.
12. Navex One
NAVEX One offers a comprehensive ethics and compliance platform, with solutions for issues like harassment, bribery, and data security.
The suite includes code of conduct development, global hotline/incident management, policy/procedure mgmt., third-party risk mgmt., ESG and online training.
Automate critical functions to create an ethical culture while meeting regulatory requirements with the trusted NAVEX One platform.