7 Best Compliance Software in 2023 [Definitive Guide]

Compliance software is a great way to keep up with all of your compliance standards. It can be used for a wide variety of applications, including HIPAA and GDPR, as well as other regulations.

If you have a business that deals with sensitive information or are required by law to follow certain standards, compliance software can help ensure that you stay compliant.

 

 

What is the Best Compliance Software?

There are many different types of compliance software available on the market today.

Some of them are also free, while others cost money.

However, they all share one thing in common: they make it easy for businesses to keep track of their compliance standards and ensure that they are following them properly.

What are Compliance Standards?

Compliance standards are requirements set forth by either private organizations or government agencies that dictate how businesses should operate in order to ensure the safety and privacy of their customers.

Some examples include: HIPAA and GDPR.

These regulations require companies to protect sensitive data and report any breaches within a certain amount of time after they occur.

They also require companies to notify customers when there has been an unauthorized access attempt made on their data so that they can take action if necessary.

1. Hyperproof

 Hyperproof is a new security company, which has developed its own unique Hyperproof technology. This technology is based on blockchain technology and uses artificial intelligence to monitor the user’s actions on the computer.

Hyperproof provides users with a reliable platform for protecting their personal data from hackers. It works by identifying potential threats, such as malware infections and unauthorized access attempts, through monitoring all processes on the computer.

This allows users to detect any potential threats in real time, which helps them maintain their privacy and prevent hackers from stealing their personal information.

Hyperproof also offers professional cybersecurity services for large companies and organizations that wish to protect their customers’ information against malicious attacks or data breaches.

The company provides two main types of services:

– Cybersecurity consulting services – these are advisory services that help organizations develop strategies for preventing cyberattacks;

– Cybersecurity training – these are training courses that teach employees how to protect themselves from cyber threats

Features

1. Automatic backup
2. Auto-updates
3. Email encryption
4. Password manager
5. Data synchronization between devices
6. File shredder

2. LogicGate

 

Features

– Support for PLC, DIO, I/O and analog devices in a single system

– Easy to configure and use, similar to LabVIEW or Modbus

– Faster than other HMI/SCADA systems (5x to 100x faster)

– No need for additional hardware like FPGA or board computer

– Seamless integration with third party tools like MATLAB and Simulink

Pricing

 LogicGate is priced on a per-processor basis. The price includes the base license, support, and upgrades.

There are no additional charges for installation or implementation. They offer volume discounts for companies with more than one site or multiple projects.

Base License

The base license includes all the software you need to get started with LogicGate  including our award-winning cognitive engine, algorithms and modules for machine learning, speech recognition and natural language processing (NLP), as well as pre-trained models for image analysis, text analytics and sentiment analysis.

Support & Upgrades

All the software included in the base license is covered by our standard support contract. If you have questions about how to use LogicGate or need help with your project, our team of engineers will be happy to assist you.

3. Onspring

Features

1. Create a Free Account
2. Browse our Catalog of Courses
3. Watch Videos On-Demand
4. Download and Save Videos
5. Watch Offline on Any Device

Pricing

 Onspring pricing is based on three factors:

• The number of users in your organization.
• The type of plan you select.
• Whether you need a single or team account.

Each of these factors contributes to the total annual cost of your Onspring subscription.

The number of users in your organization refers to the number of people who will be using Onspring for professional development and collaboration. The more people who need access to Onspring, the more expensive it will be for your organization to subscribe.

The type of plan you select determines how many training courses you can create within your account, how many learners can enroll in those courses, and how many viewers can view them from outside the system. These limitations may also affect what features are available to you as an administrator (like advanced analytics).

4. WorkClout

 WorkClout is an Android application that allows you to use your phone as a scanner.

It is designed to be used in industries like retail, manufacturing and logistics where barcodes are used on products, documents and more. WorkClout can be used to scan those barcodes and return information about the product or document.

WorkClout supports two types of barcode scanners:

1. External scanners: External scanners connect to your device via Bluetooth or USB. When WorkClout detects an external scanner connected to your device, it will prompt you to scan items using the external scanner instead of your device’s camera.
2. Built-in scanner: If no external scanners are connected to your device, then WorkClout will use its built-in camera for scanning items.

Features

WorkClout is built to help you manage your business more easily. Its features include:

• Time & Attendance – Manage time off requests, overtime approval, shift scheduling and time tracking with a click of a button.
• Payroll – Process paychecks automatically or import data from a CSV file to avoid manual entry errors.

Pricing

WorkClout offers different plans at different prices:

WorkClout Basic – $9/month (if billed monthly) or $99/year (if billed annually).

Includes unlimited users, projects and tasks; unlimited clients; 1GB storage per user; 15 minutes of recording time per task; iOS & Android apps for time tracking on the go; reports in PDF format only.

WorkClout Professional – $19/month (if billed monthly) or $199/year (if billed annually).

Includes the features from the basic plan plus more storage space (up to 10GB per user); unlimited clients, projects and tasks; advanced reporting options including pivot tables with Excel export support; custom fields & tags for project tracking.

WorkClout Enterprise – Contact them for details.

5. Jolt

Features

 Jolt features a simple, clean interface that makes it easy to find your favorites. It also has a lot of other cool features, including:

– The ability to sort and filter your favorite images by category, tag and more.

– A built-in browser that allows you to search any site on the internet while viewing an image.

– A built-in image editor so you can easily enhance your images before sharing them!

6. Auditus

7. PowerDMS

 PowerDMS is a powerful, yet easy to use, document management solution. It allows you to manage all your documents in one place and provide secure access via the web without any need for special training.

PowerDMS is ideal for small businesses who want to streamline their document management process and save money on office supplies. It can also be used by larger organisations looking for a paperless office solution.

PowerDMS is designed for small businesses who need to store and manage documents but don’t have the resources (or budget) for an expensive, in-house system. PowerDMS takes care of everything from scanning documents in, creating folders and indexes so you can find them again later, through to emailing out PDF versions when needed.

The main advantages of using PowerDMS are:

– it’s easy to use – no training required!

– no IT knowledge required!

– no hardware or software costs – just pay once and get access from anywhere

Features

-Database integration (MySQL, PostgreSQL, Microsoft SQL Server, Oracle)

-Web interface to manage data sources and reports

-Custom fields for each data source type (such as customer name or address)

-Customizable layouts for reports and dashboards

-Support for data visualization using Google Charts

-Support for customizing outputs using XSLT transformations

Pricing

 PowerDMS is available in three different editions:

1. PowerDMS Enterprise Edition – Our flagship product, this edition includes everything in the Professional Edition, plus more features and support for larger organizations.
2. Professional Edition – Includes all the features of the Enterprise Edition, but limits support to 5 users.
3. Free Edition – This edition is free to use. It has no limitations on number of records or storage space usage, but does not include any additional features beyond those included in the Free version of PowerDMS.

What is compliance software?

 Compliance software is a type of enterprise software that helps companies comply with various regulations and standards. In this article we will provide an overview of what compliance software is, how it can help you and some examples of compliance software.

Compliance software is any kind of enterprise software that helps companies meet their obligations under a specific law or regulation. The most common types of compliance software include those that help companies meet financial reporting requirements (like Sarbanes-Oxley or Dodd-Frank), environmental regulations, anti-money laundering rules, electronic record keeping requirements and so on.

Compliance Software: Why Do You Need It?

If you have employees who work in different geographies or countries then you need to ensure that they all follow the same policies and procedures, regardless of their location. Compliance software can help with this because it automates many common processes for various types of compliance requirements.

For example, if your company has an employee handbook then you can use compliance software to automate the distribution process for those documents so that every new hire receives them automatically when starting work at your company.

Compliance software FAQ

What is compliance?

Compliance is the act of meeting standards or regulations. It’s a way to ensure that companies and individuals are following industry best practices.

If you’re using a compliance software, then it means that you’re following certain rules and regulations to ensure that your business is operating legally.

The most common type of compliance software is used by businesses that collect or trade sensitive data. This type of data includes credit card numbers, social security numbers, and other information that could be used for identity theft or fraud.

The goal of this type of software is to protect against unauthorized access or distribution of this information.

What is software compliance?

 Software compliance is the process of ensuring that software systems and applications are used in accordance with applicable laws, regulations and policies. Software compliance is often referred to as software governance or software assurance.

Software compliance is not a new concept; organizations have been working hard to ensure that information technology complies with regulatory requirements for years. However, it has become increasingly critical to ensure that software systems are used in accordance with applicable laws, regulations and policies due to recent technological advancements such as cloud computing, mobile devices and social media.

The importance of software compliance has resulted in several high-profile cases over the past few years. For example:

In 2011, Google paid $500 million in fines after violating privacy laws when its Street View cars collected private data from unencrypted Wi-Fi networks while recording street maps.

In 2014, Apple settled with U.S. regulators over allegations that it failed to notify consumers about a 2011 bug that allowed hackers to steal passwords stored on iPhones and iPads until two weeks after it had fixed the problem itself.

In 2015, Facebook paid $10 million to settle charges by U.S. regulators that it misled consumers about their privacy controls.

How do I use compliance management software?

 Compliance management software is used by a variety of organizations, from large multinational corporations to small businesses. It helps companies manage their compliance with laws and regulations, ensuring they’re meeting government standards.

There are many different kinds of compliance management software available, depending on your type of business and what you need it for. Some systems are designed to help you manage your internal operations, while others help you comply with laws and regulations.

Internal Compliance Management Software

Many companies use internal compliance management software to make sure they’re complying with the rules set out by their industry or government regulators. The software can help you keep track of any changes in regulation or law that affect your business and remind you when certain actions need to be taken.

This can be especially important if your business deals with sensitive information like personal data or financial transactions.

External Compliance Management Software

External compliance management software allows businesses to meet legal requirements such as HIPAA or GLBA without having to spend time figuring out how each law affects them individually. It can also help automate processes that are required by law, making it easier for businesses to comply with regulations while still focusing on their core operations.

What does it mean when companies are ‘in compliance’?

 The term “in compliance” is a bit of a misnomer. It sounds like the company is doing something wrong and needs to fix it, but in reality it means that the company is up to date with all of its legal requirements.

The phrase is used in many different fields, from finance to healthcare. Here are some examples of how the term is used:

In finance, companies must follow strict rules when reporting their financial statements. If they do not comply with these rules (i.e., if they are not in compliance), then their financial statements may be inaccurate and could lead to an SEC investigation.

In healthcare, doctors must follow strict rules when prescribing medications or performing procedures on patients. If these doctors fail to comply with these rules (i.e., if they are not in compliance), then they could lose their license or go to jail for malpractice charges.

In technology, hardware manufacturers are required by law to provide warranty information with their products so consumers know what they’re getting into when buying them even if it comes out later that there are defects with those products that make them dangerous or ineffective at doing what they were designed for.

How do I choose the best software compliance management?

 The first step in choosing the best software compliance management solution is to understand your needs.

You will have to consider the size of your organization, the number of employees and the types of software you use. You will also need to decide whether you want a cloud-based system or an on-premises solution.

The next step is to research different vendors and compare them against your criteria. Here are some questions to ask:

• What kind of technology does it use? Is it cloud-based or on-premises?
• Does it integrate with other systems in your organization? Can it be used by multiple departments?
• Is there a free trial available? How long is it available for? Do I need to provide credit card details before I can access the free trial?
• What kind of support is provided? Can I talk with someone directly if I have questions or problems? Is there a community forum where customers can share knowledge and best practices with each other?

What types of compliance does software help with?

 Compliance is a huge part of the legal, regulatory and compliance industries. Compliance requirements are enforced by government agencies, trade associations and corporations.

The goal of complying with these regulations and standards is to help ensure information security.

Compliance software helps companies achieve these goals by making it easier to track and manage compliance documentation. In addition to helping you meet your compliance requirements, compliance software can also help increase productivity as well as reduce costs.

There are many different types of compliance that organizations need to be aware of, including:

1. FTC compliance (Federal Trade Commission)
2. EU General Data Protection Regulation (GDPR)
3. PCI DSS (Payment Card Industry Data Security Standard)

What is compliance manager software?

 Compliance manager software is a software package that helps an organization to manage its compliance with the law. It can be used for managing compliance with health, safety and environmental legislation and for managing other types of compliance such as financial and insurance.

It is usually an integrated package that contains modules for risk assessment, policy management, incident management and audit management. Compliance manager software may also be used by corporations or government agencies to manage their own compliance with laws such as Sarbanes Oxley (SOX).

Compliance Manager Software Examples:

CCM+ – A comprehensive solution for managing all aspects of compliance with SOX, HIPAA, GLBA and other regulations. CCM+ supports IT Governance programs including IT Risk Management and IT Service Management.

CompliancePoint – CompliancePoint’s Enterprise Compliance Management Suite provides the tools needed to maintain regulatory compliance in today’s ever-changing business environment. The suite includes a comprehensive set of tools designed to help businesses effectively manage risk across all industries.

How much does it cost to run compliance software?

 A compliance software platform is a cost-effective way to manage and mitigate risk. But how much does it cost to run compliance software?

Compliance software is often viewed as an expensive, time-consuming burden so it’s no surprise that many companies are reluctant to adopt it. The reality is that the costs associated with compliance software are worth the return on investment (ROI) you’ll get when you use it effectively.

Here’s what you need to know about how much does it cost to run compliance software?

What is compliance software?

Compliance software helps companies keep track of regulations and other requirements that affect their businesses. The goal of this type of technology is to help companies comply with federal laws and regulations while also ensuring they can show they’re in compliance with any applicable laws.

Compliance software can also be used by small businesses or individuals who want to make sure they’re staying on top of industry-specific or legal issues.

What is regulatory compliance in software?

 Regulatory compliance is the process of ensuring that your organization’s software applications and services are compliant with laws and regulations.

Regulatory compliance is an important part of any business. It can help you avoid fines and penalties, protect your reputation and brand, and keep your customers happy.

There are many different regulatory bodies that regulate software development companies around the world. These include:

• EU GDPR (General Data Protection Regulation) – This regulation was passed in 2016 and will come into effect on May 25th, 2018. The goal of this regulation is to give people more control over their personal data by requiring businesses to obtain consent for its use, as well as provide people with access rights to their personal data held by companies.
• FISA 702 – This law allows U.S intelligence agencies to conduct surveillance on foreign targets outside of U.S borders without a warrant from a judge or other judicial authority if they have probable cause that the target is an agent of a foreign power and has taken certain actions related to preparation for espionage or sabotage against the U.S., among other things.

What are the types of compliance?

 Compliance is a broad term used to describe the extent to which an organization adheres to the laws and regulations that govern its activities. Compliance can be defined as the act of fulfilling the legal requirements of a particular jurisdiction by following established rules and guidelines.

Compliance is driven by regulatory requirements that are designed to protect consumers and ensure fair competition. It’s important to understand how compliance applies to your business, as well as how it impacts your bottom line.

Types of Compliance

There are several different types of compliance:

1. Corporate compliance refers to an organization’s adherence to regulations that apply across its entire business operations. These include tax laws, environmental regulations, employee safety standards, data security rules and more.
2. Regulatory compliance involves meeting specific state or federal requirements regarding specific products or services offered by an organization. For example, if you’re in the medical device industry, you’ll need to comply with Food and Drug Administration (FDA) regulations on medical devices.
3. Legal compliance refers to an organization’s ability to prove it’s in compliance with relevant laws and regulations related to its business operations for example, financial reporting requirements under Sarbanes-Oxley (SOX) or other laws requiring companies disclose information about their financial position.