Policy Management Software
Best Policy Management Software include:
PowerDMS by NEOGOV, Mitratech PolicyHub, SecurityPal, Blissbook, Alcatel-Lucent ClearPass Policy Management System, OneTrust Ethics & Compliance Cloud, DocTract, Fasoo eXception Management, RegEd Compliance Management Solution Suite and iContracts.
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PowerDMS by NEOGOV is a software platform designed to recruit, train, equip, and protect employees across their careers, used for policy management, community engagement, and staff scheduling.
Brightmine (formerly XpertHR) is a global provider of people data, analytics and insight. Brightmine is a division of LexisNexis Data Services, within RELX®, a global provider of information-based analytics and decision tools. RELX serves customers in 180+ countries with 35,000+ employees.…
NAVEX Global launched NAVEX One in 2020. It is described by the vendor as a complete GRC platform, providing a comprehensive set of applications and workflows integrated into a single platform, for compliance, legal, or HR professionals.
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Mitratech PolicyHub is a policy management solution designed to create, update, approve and communicate policies to automated knowledge assessments, audit and reporting.
PolicyManager is a web-based enterprise policy and procedure management platform designed for healthcare. The platform allows hospitals and integrated healthcare delivery networks to streamline, consolidate, standardize and centralize all policies in one electronic repository. According…
Delinea Server PAM solution (Cloud Suite and Server Suite) secures privileged access for servers on both on-premise and cloud/multi-cloud environments. It allows humans and machines to seamlessly authenticate, enforcing least privilege with just-in-time privilege elevation, increasing…
Onspring delivers what they describe as a flexible, no-code platform for GRC, ITSM, audit, risk, compliance and business operations.
MetaCompliance, headquartered in London, is a cyber security and compliance organisation that helps transform company culture and safeguard data and values. They offer eLearning, GDPR, policy management, incident management and phishing solutions that help clients create better…
LogicManager headquartered in Boston, Massachusetts offers governance, risk management, and compliance (GRC) software.
Inverifi is a solution built to help businesses drive alignment and operational excellence through their compliance and policies.With a focus on the end user's experience, Inverifi aims to provide a solution to messy audits, disorganised policies and confusion within organisations…
DocuSign Click enables capturing consent to agreement terms—like terms of service and privacy policies—with a single click of a checkbox or button. The clickwrap can be displayed in an embedded experience on websites and apps or sent directly to end users via a URL.
Aderant Thrive is a solution that helps firms create, monitor, and most importantly, enforce timekeeping policies. A time entry policy can make or break a firm’s ability to generate accurate timecards affecting all aspects of the firm from the speed of billing cycles to client trust…
Tickit On Demand is GRC software from Tickit Systems. The application is used to manage Governance Risk and Compliance across a range of industries including financial services, funds management, insurance, superannuation, manufacturing, the public sector and not for profits.
The Styra Declarative Authorization Service (DAS), built on top of the open-source project Open Policy Agent (OPA), provides authorization through policy management across the cloud-native ecosystem. Styra DAS allows least-privilege access through APIs, identities, systems and services…
PolicyPartner gives users tools for creating, managing and distributingpolicies to strengthen operations, reduce liability risk and improve people and property performance.
MAPP Trap provides product and price monitoring software to find and fix MAP violations, Unauthorized Sellers and Intellectual Property Rights rights infractions. The system provides detailed contact information about online sellers which is used along with policy compliance technology.…
Mitratech Compliance Manager (CMO) supports obligations, audit, and incident management for compliance and risk management teams focused on improving operations and results.
ConvergePoint in Houston Texas offers Policy Management Software for compliance and risk management.
Policy Pack enables users to build fully compliant GDPR & privacy policies with an AI-based toolkit. Created by Legal Experts. 1. Select the appropriate Privacy Policies. 2. Customise. Input a company's information, such as its name, location, and phone number. 3. Download the…
handbooks.io helps companies develop an employee handbook for their company to share policies and providea place to store company knowledge.
Informed 365 is an Australian based tech company that specialises solely on better sustainability outcomes. They develop customised real-time digital platforms with predictive capabilities and unlimited analytics functionality to provide improved visibility and transparency and to…
Learn More About Policy Management Software
What is Policy Management Software?
Policy management software supports the creation, review, editing, approval, storage, sharing, distribution, and tracking of organizational policies. These policies govern business and operational procedures, such as monitoring the use of company assets and employee behavior and ensuring data protection and privacy. Policy management software allows employees to digitally attest that they have read and understood the policies.
Policy management software automates a framework for governance that defines the culture of an organization, its behavior, values, and ethics. The use of this software facilitates regulatory compliance, bolsters risk management activities, and promotes adherence to corporate standards.
Policy management software offers collaboration tools that legal, IT, and business operations teams can use to work together. Integration tools are provided to access relevant information from related applications such as HR, governance, risk, and compliance platforms.
Sectors that are heavily regulated such as healthcare and financial services along with companies that have large and complex operations, especially benefit from policy management software. This software is used by compliance officers, executives, and legal departments.
Compliance issues have dramatically escalated due to the Covid19 pandemic. The introduction of many new federal, state, and local regulations has increased the compliance burden on businesses and organizations. Comprehensive and flexible policy management software helps mitigate those challenges.
Related categories include:
- Governance, Risk, and Compliance Platforms
- Financial Risk Management Software
- HR Management Software
- Workforce Management Software
- Environmental Health and Safety Software
Policy Management Software Features
Policy management software will include many of these features:
- Centralized policy management
- Create, edit, review, approve, store, share, distribute, and track policies
- Customizable templates for different types of policies
- Automated workflow controls
- Digital attestation, e-signatures
- Policy repository
- Version control
- Audit Trail
- Search
- Metadata management
- Security and access controls
- Staff knowledge assessments
- Identify non-compliance with suggested corrective actions
- Performance monitoring
- Notifications when policies are due for review and when policies are changed
- Dashboards and reporting for regulators and auditors
- Collaboration tools
- Integration tools
- Mobile access
Policy Management Software Comparison
Consider the following when purchasing policy management software:
Business sector: Some policy management software products are tailored to support specific businesses such as healthcare, financial services, or IT.
Integrations: When policy management software is deployed as a standalone product, it will require integration with related solutions such as HR, health and safety, governance, risk, and compliance software platforms. Some products support integrations with office productivity tools such as SharePoint.
Deployment type: Cloud-based options are easily scalable and allow employees to access policies from anywhere. Organizations that are sensitive to storing documents in a third-party cloud may be better suited with an on-premises solution.
Pricing Information
Based on your requirements, most vendors offer custom quotes for policy management software. Entry-level offerings that provide basic document management can start at $100 a month. More robust offerings can range from $750 a month to over $10,000 a month depending on its features and the size of the policy teams and number of contacts. One-time onboarding fees can range from $2,500 to $8,000. Policy management software that is geared toward more complex requirements such as those within healthcare and financial services is more costly.