Policy Management Software

Policy Management Software Overview

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:

Policy Management Products

(1-25 of 41) Sorted by Most Reviews

The list of products below is based purely on reviews (sorted from most to least). There is no paid placement and analyst opinions do not influence their rankings. Here is our Promise to Buyers to ensure information on our site is reliable, useful, and worthy of your trust.

PowerDMS

PowerDMS is a document management system focused on compliance and industry policy regulations. It is commonly used by Law Enforcement, Healthcare, Fire/EMS, and Corrections organizations.

NAVEX One

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.

OneTrust

OneTrust headquartered in Atlanta offers their privacy data management platform, the OneTrust Consent Management Platform, providing website compliance scanning, cookie management, publisher and mobile app compliance and related features, as well as legal research compliance platform…

Mitratech PolicyHub

Mitratech PolicyHub is a policy management solution designed to create, update, approve and communicate policies to automated knowledge assessments, audit and reporting.

iContracts

Contracts is a provider of contract, policy and revenue management solutions.

PolicyManager

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…

MetaCompliance

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

LogicManager headquartered in Boston, Massachusetts offers governance, risk management, and compliance (GRC) software.

Delinea Cloud & Server Suite

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…

Iron Mountain Policy Center

Iron Mountain Policy Center solution is a cloud-based retention and privacy policy management platform that provides a way for users to know their obligations and show compliance. With Policy Center users can manage information through the entire information life-cycle - from creation…

Diligent Compliance

Diligent's GRC Platform, or the Modern Governance solution, formerly from Steele Compliance Solutions (acquired March 2021) helps drive better decision-making, increase transparency and integrate all GRC data into one enterprise-wide source of truth. The solution aims to empower…

DocTract

DocTract is a platform that helps organizations leverage key documents in the cloud.

EQS Policy Manager

EQS Policy Manager organize all policies in a central library and defines the appropriate target audience.

Healthstream Policy Management

HealthStream Policy Management provides policy and procedure management.

ComplianceBridge

TotalCompliance is a policy and procedure management software solution that enables organizations to improve efficiency and compliance.

DocRead

Collaboris's product, DocRead, is a policy compliance and management platform.

Seers Policy Pack

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

handbooks.io helps companies develop an employee handbook for their company to share policies and providea place to store company knowledge.

Informed 365

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…

SecurityPal

SecurityPal boasts users among companies like Figma, Airtable, Monday.com, Twilio Segment, ClickUp and the F500, who partner with SecurityPal to more quickly and accurately get through security questionnaires. SecurityPal helps to save engineering, sales, and security leaders time…

Alcatel-Lucent ClearPass Policy Management System

ClearPass Policy Management System is software from Alcatel-Lucent Enterprise that enables users to roll out BYOD services and control devices on an enterprise network. ClearPass provides total control over the enterprise network, offering a simpler way to roll out BYOD services.…

PolicyPartner by Grace Hill

PolicyPartner gives users tools for creating, managing and distributingpolicies to strengthen operations, reduce liability risk and improve people and property performance.

MAPP Trap

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.…

Azure Policy

Azure Policy, available from Microsoft's Azure suite of applications and services, is a policy evaluation and enforcement tool, that enables users to achieve real-time cloud compliance at scale with consistent resource governance.

Fairwinds Insights

Fairwinds offers a Kubernetes enablement platform to help organizations adopt cloud-native infrastructure. Solutions to accelerate the Kubernetes journey include a fully managed service to add capacity to existing DevOps team; an advisory service for those who need to develop their…

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:

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.

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Frequently Asked Questions

What does policy management software do?

Policy management software supports the entire lifecycle of policy management. It automates the creation, approval, storage, distribution, and tracking of organizational policies. This software permits employees to digitally attest that they have read and understood the policies. These policies govern business and operational procedures and are essential to regulatory compliance and risk mitigation.

What are the benefits of using policy management software?

Policy workflow automation streamlines policy management resulting in cost savings. It broadens access to policies and increases policy awareness, participation, and attestation. The use of policy management software facilitates regulatory compliance, bolsters risk management activities, and promotes adherence to company standards.

How much does policy management software cost?

Based on your requirements, most vendors offer custom quotes for policy management software. Prices can range from $100 a month to over $10,000 a month depending on the features and the number of users supported.

What are the best policy management software products?