Best Compliance Management Software Solutions
Best compliance management software Solutions are HIPAA One, Complinity, Rmail, Apptega, NETconsent, and Ncontracts. Compliance monitoring software manages an organization's multiple compliance requirements.
End-to-end Corporate Compliance & Entity Managemen
List of 20 Best Compliance Management Software
Leading cloud-based business management solution
Oracle Fusion Cloud ERP is a cloud-based, end-to-end, business management solution designed for mid to enterprise-level customers with advanced capabilities. Read Oracle Fusion Cloud ERP Reviews
Oracle Fusion Cloud ERP's Pros and Cons
Accounts Payable Finance Billing Reconciliation
Oracle ERP has many modules to fit into client business
might be a little bit sluggish while using.
Product Pricing is high
Emergents | 2023
End-to-end Corporate Compliance & Entity Managemen
PracticeLeague's RazorCube Compliance Management is a globally recognized and one of the most comprehensive Corporate Compliance & Legal Entity Management software solutions that is designed to help all businesses from Start-ups and SMEs to Large Enterprises. Learn more about PracticeLeague's RazorCube Corporate Compliance & Entity Management
Category Champions | 2023
Non-coding workflow management software
CMW Tracker provides non-coding workflow software for business process modeling and management, workflow automation and productivity boost. Minimize dependency on IT and empower non-technical users to design, run and modify Workflows with drag-and-drop simplicity. Read CMW Tracker Reviews
CMW Tracker's Pros and Cons
Comindware Tracker do not require coding or IT external support to automate business procedures like time and expense tracking on projects.
No complex IT is needed while creating workflow builders since business users are guided step by step. With separate workspaces, it is easy to create workflows for each department.
Comindware Tracker do not have on-premises versions for all operating systems, but we are satisfied with the cloud based version.
Comindware Tracker for the entire period I have used it, has been my go-to business process automation platform with zero flaws.
Category Champions | 2023
Enterprise SaaS for the future Workforce
Akrivia is a new-age online HR software platform that enables HRs to engage with employees efficiently, save time on redundant tasks, and create an engaging workplace that sets a bar. Read Akrivia HCM Reviews
Akrivia HCM's Pros and Cons
The software's error-free payroll saves time on several levels. The software eliminates the need for rechecking and correcting mistakes that can happen before paychecks are issued.
The software is easy to use and implement, and the company's support is prompt and helpful, making it easier to implement the solution.
The leave management module of the mobile app needs to be updated more frequently. Other than that, the rest of the modules are perfect.
So far, I have not come across any cons.
Category Champions | 2023
HRMS and Payroll with AI and ML Capability
HRAPP is SaaS-based HR software and complete choice for any organization to manage all time consume and tedious task of HR and Payroll. You can get a range of services that includes attendance management, statutory compliances, back-office assistance, and many other notable features. Read HRAPP Reviews
HRAPP's Pros and Cons
Attendance Live location tracking which is very much useful to the management where we can track the employeesThe feature list is exhaustive, though what we liked the most is the ability to automate payroll, and payslip generation. Apart from this,
Easy to use, Excellent support staff
None really apart from the fact that everytime they upgrade and release new fixes and, they take down the application for a few hours - which really is just fine.
Category Champions | 2023
Software by Sage
Sage offers a complete desktop accounting software that helps you spend less time managing your accounts and more time developing your business. With its easy to use interface, Sage 50cloud Accounting has aided small businesses and entrepreneurs to operate efficiently and effectively. Special Offer: 40% off Sage 50cloud annual subscriptions | Coupon Code: D-1929-0020. Read Sage 50cloud Reviews
Sage 50cloud's Pros and Cons
It is easy to use.
User Interface and ease of usage
It should accommodate other languages like Afrikaans.
Stable version of applications
Category Champions | 2023
India's Leading Compliance Software
Complinity is India’s Leading Compliance Software helping several companies manage their Compliance, Contracts, Registrations, Litigation, Assessments, Legal Updates, Audit, Internal Controls, Insurance, Documents, Secretarial, Tasks and much more. Read Complinity Reviews
Complinity's Pros and Cons
That compliances are mapped department wise. The concept of Manager and user has made the compliance double checked and verified which helps the company secretary to report to the Board.
User-friendly and regular updates on implemented laws and regulations.
If there would be an option of cross verification of the compliances in complinity, then it would be very much beneficial to the companies.
Complinity can add features for update of new applicable compliances as well.
Make Healthcare Compliance Easy with MedTrainer
MedTrainer is a fully featured Compliance Management Software designed to serve SMEs, Agencies. MedTrainer provides end-to-end solutions designed for Web App. This online Compliance Management system offers Archiving & Retention, Audit Trail, HIPAA Compliance, OSHA Compliance, Risk Alerts at one place. Read MedTrainer Reviews
MedTrainer's Pros and Cons
It has a lot of features that work for us with Credentialing and Compliance. We can stay more organized now.
The ability to have your own customized course uploaded.
I wish there were "notes" area to keep specific notes in areas such as Log ins. Speed is very slow in the credentialing piece. I was told that when I update a document, that old one is no longer available.This I DONT LIKE
No cons per se. Enhancements are always nice to see from time to time.
Category Champions | 2023
Software by Software AG Government Solutions
Software AG’s is a culmination of business process analysis and audit-proof workflows that provide an easy compliance management for an organization. It governs risks and provides strategic logs for business processes. Read Software AG Reviews
Software AG's Pros and Cons
Protegent antivirus is literally the best in the market. Don't believe me, try it yourself.
AUTOMATICALLY WITH COMPLETE DETAILS
Unistal's Protegent antivirus is the best. It is better than AVG, Avast, Malwarebytes, windows defender, and all other antiviruses. You need to buy Protegent 360 now.
Cloud based HR Payroll Services
Horizon HR is a Cloud-based HR Payroll Service which provides unmatchable services with the customer-centric approach. This software offers benefits such as efficient management of staff data, secure financial transactions, and detailed reports on employee payroll. It also offers accurate and on-time compliance, a well-designed user interface and easy to go search functionality. Read Horizon HR Reviews
Globalized Needs. Localized Solutions
Lawrbit offers RegTech & Lextech solutions for the Enterprises, MSMEs, Startups, and Retail Operations. Our clients consist of NBFC Clients, Hospitality Industry, Online MarketPlace, Leading Saas Providers, Integrated container logistic & Supply chain Services. Read Lawrbit's Global Compliance Reviews
Lawrbit's Global Compliance's Pros and Cons
They helped us understand our requirement. Did a time bound exection by making the software go live on time. And provided exellent after sales services.
Easy to use and perfect for records safe
We suggested them to further categorize the compliances into two sub heads i.e actionable and not actionable. We also suggested some changes in the CXO dashboard. They readily accepted the changes and implemented the same in an agreed manner.
High Performer | 2023
Risk & Compliance Intelligence Platform
Predict360 is the ABA endorsed next generation Risk and Compliance Management solution for financial services industry, with ABA Risk library a collection of 800 risks+. It is a cloud-based SaaS platform powered by A.I. Read Predict360 Reviews
Predict360's Pros and Cons
Cloud-Based GRC Platform, expertise to serve banking and financial industry, endorsed by American Bankers Association (ABA).
Excellent GRC Software, Centralize Platform, Quick Implementation.
I am satisfied, so no negative comments about Predict360. Perfect for financial industry.
Nothing found for cons
Global Payroll and Compliance
Build your remote team with Deel. Hire international employees and contractors compliantly around the world. Run payroll in hundreds of currencies with one click. Read Deel Reviews
Deel's Pros and Cons
As an entrepreneur with a remote and worldwide group, tracking down an answer for smooth out worldwide finance and consistence the board has forever been testing. Yet, Deel has changed the game for my associationThe client experience on Deel is extraordinary. From the second I joined, I was dazzled with how clear and easy to understand the stage is. The very much planned interface gives a consistent and instinctive experience, which made it simple for me to explore through the different elements and functionalities. I made my most memorable agreement and recruited my most memorable worker in under 10minutesThe client assistance is additionally a-list. The group is really great.I can't suggest the device enough
Easy to use product that allows our company to hire internationally and compliantly. They are working on the transparency of EOR costs and I can really appreciate that. Customer service is also quick. I'd like to think that I was one of their early customers and I can definitely say they have come a good long way.
The item is fantastic, way above competitition.There are 2 highlights that I wish existed: Having the option to make off-cycle installments (ex: quick discounts of costs)Sets of expectations for each work. However, there are extraordinary formats in the stage.
Nothing outstanding, honestly. If I have to complain, it would be the rough edges, that I had to face, but once the team received the feedback, most of the issues would be fixed real quick.
Category Champions | 2023
Leading payroll outsourcing company of India
Paysquare will take care of the entire payroll management, right from consolidating HR/Finance & employee inputs, to the processing of payroll, providing the respective outputs and managing statutory filing, Paysquare helps you manage it all. Read Paysquare Reviews
Paysquare's Pros and Cons
Amazing Interface, Ease of use, versatile
Paysquare takes care of end to end payroll management functions like pay slip, time management, attendance of employee, leave, documentation, report generation , statutory compliance, taxation, HR functioning etc. It is extremely user friendly and require
Little old school design, issues with pop-ups
The Paysquare tool is suitable for only small firms and agencies but it is not a best choice when it comes to enterprises and personal management.
For People By People
EM-HRMS is flagship product of Eastern Infotech. Which manages a life cycle of an employee, Also Automate all the HR Process in the company. EM-HRMS can reduce the day to day work effort by 40%. We have added module in EM-HRMS is work force management. Read EM-HRMS Reviews
Contenders | 2023
Komrisk is a compliance benchmark maintaining software of one of the market leader in legal and compliance management - Lexplosion whose innovative products, and solutions have caught the attention of in-house legal and compliance teams across India. Read Komrisk Reviews
Komrisk's Pros and Cons
Wide range of features, customization, legal updates, custom reporting, etc.
The Software has everything you need to manage compliance effectively, plus getting the updates on LAW as well as compliance associates.
The tool is a bit complex at first.
The tool is a bit difficult to start. But once you get a hang of it, it is a great tool.
Goods and Services Tax Simplified
Saral GST solution is a comprehensive and user-friendly return filing software to suit your diverse GST needs. Other than return filing, we also have software for accounting, billing and invoicing. With Saral GST, e-filing of GSTR is now simplified. Read Saral GST Reviews
Saral GST's Pros and Cons
Its guide book will to easy understand
2 and 2A compare, GST 9 & 9C, Easy of filing, We can get whatever report we need
Its easy to use and fast for begging
No one should be afraid to speak up
FaceUp is a comprehensive whistleblowing platform, ethics hotline and HR tool. It is a secure, intuitive and easy-to-use solution, which allows employees and pupils report instances of wrongdoing. Read FaceUp Reviews
FaceUp's Pros and Cons
Intuitive administration and it is easy to use for employees.
FaceUp is a great platform for identifying underlying problems, which otherwise would not be discovered or would cost more money and time. I appreciate it is secure, ISO certified and complies with GDPR and EU Whistleblowing Directive.
The reporting form could be more customizable.
Nothing. FaceUp works very well and I have not found any issues.
OnBlick HR & Immigration compliance Software.
OnBlick HR & Immigration Compliance is a fully featured Applicant Tracking Software designed to serve Startups, SMEs. OnBlick HR & Immigration Compliance provides end-to-end solutions designed for Web App. This online Applicant Tracking system offers Background Screening, Workflow Management, Job Board Posting, Candidate Tracking, Interview Scheduling at one place. Read OnBlick Reviews
OnBlick's Pros and Cons
I9 and H1B flow
I like how simple the software is to use and setup. Your business can be good to go in a matter of minutes. The UI looks good and is a very helpful tool for the organization I work in. It gives me a good overview of who is off and for what reason that day!
Would like to see more detailed customization.
Offline GST Software
Octa GST is a simple and user-friendly offline return filling and reconciliation software for all types of businesses and tax professionals. Using Octa GST, GSTR-1, GSTR-3B GSTR-4, and GSTR-9 returns can be prepared. Built-in high-performance JSON to Excel Converter. Read Octa GST Reviews
Octa GST's Pros and Cons
Invoice matching for input claim.gst returns and annual return also.good
Inventory features and p& l should be added.so that it can be used as balance sheet preparation
Compliance management software tracks, audits, monitors, and checks whether the business processes are aligned with organization policies, applicable laws, and the standards of business partners and consumers.
Compliance management software will make sure that the organization complies with regulatory and legal compliance. There are certain rules to which every organization should adhere to. Compliance software will help you gather all this compliance knowledge on one platform and help organizations regulate and maintain it.
The activities that are included in compliance audit software solutions are:
- Internal audits management
- Third-party audits
- Security procedures and control
- Reports preparation with appropriate documentation
- Developing and implementing new policies and procedures to ensure compliance
Many organizations suffer due to a lack of knowledge about compliance. Most of the time they are not aware of the compliance that is applicable to them. Based on the size of the organization the number of applicable compliances may vary from 100 to 10,000. Therefore, a large number of organizations go with regulatory compliance monitoring software realizing their efficiency and robustness. With a mouse click, it is possible to create compliance reports to provide to regulators, auditors, or the legal team. If you have compliance management software all relevant documents can be managed and stored in one place and everything is backed up on a server that is operated and maintained by the compliance software provider.
The compliance software can be divided into the following category:
1. Due date based compliances
There are various statutory compliances for an Income tax return, and TDS return that every business entity has to follow on a timely basis i.e. weekly, monthly, quarterly, half-yearly etc.
2. Ongoing compliance
Every Act has a certain set of compliances that should be followed no matter what at and any given point in time by an organization. For E.g. maintenance of accounts and books, complying with HR rules and regulations, hourly and monthly wages of employees, etc.
3. Event-Based Compliances
These compliances are rare that get triggered on the occurrence of an event such as moving to a new location, changing the name, etc.
- A complete registry that stores and manages all the regulations, citations, permits, and policies.
- An entire list of regulatory requirements and interpretations.
- An Applicability matrix to apprehend which regulations and obligations each facility is subject to.
- Determining the person responsible for independent regulation, policy, and permit.
- Report Generation on owners who are responsible for the regulation, policy, and permit.
- Automatic triggering on non-compliance Requirements.
- Follow-ups on activities designed to address non-compliance.
- Identifying new and updated regulatory obligations to streamline compliance efforts.
- Update future tasks related to regulatory changes.
1. Regulatory Intelligence
The regulatory compliance management software should integrate, capture, store, and monitor regulations from reliable and authoritative regulatory content sources. The software should also automatically map regulatory updates to risk, controls, and policies and help the business stay informed on such updates through automated notifications and alerts.
2. Compliance Environment and Process Design
It should create a structured and logical control hierarchy that is internal to the organization. This should also include processes, assets, and risk control with proper linkages between data elements. In addition to these, the software should also maintain associated policies and procedures, filing templates, reporting requirements, and schedules for various regulations.
3. Compliance Assessments and Survey
The legal compliance management software should design control tests or self-assessment plans by forming surveys and questionnaires. The collected samples should be then assigned to control owners, testers, and assessors. Document the result of the control tests and self-assessments, capture non-compliance issues, etc.
4. Reporting and metrics
We should give complete visibility about the compliance management processes through graphical representation in the form of dashboards that are equipped with drill-down capabilities. It should support configurable that can monitor key control attributes, process ownership, and similar other factors.
Some other things that your legal compliance Software should do to protect your business:
- Keep employees updated about Compliance Responsibility always.
- Includes Compliance Requirements plus improves business processes.
- Keeps an eye on the processes to make sure they are compliant.
- Corrects and updates the documentation as and when required.
1. Stays up to date
Using compliance Management solutions can help you save time and money, especially while tracking and implementing new rules, legislation, and standards. In the absence of compliance software, it used to take one dedicated resource who would read all new regulations and determine if the organization was affected.
If it does then necessary changes need to be implemented. On the other hand, compliance monitoring software can automatically track both internal and external changes and identifies processes and operations that are not compliant with new standards. This means you can also track what is happening while simultaneously focusing on other big things happening in the organization.
2. Risk Management
Compliance Management System allows risk management and assessment to be optimized. Since it is software that is tracking the changes, potential issues can be identified in the early stages before they become big problems. With a better understanding of the risks, better decisions can be made by the organizations about how and when things need to be changed.
3. Improves Business Processes
Compliance software solutions are not just about concentrating on the negatives like what are the consequences if the organization is non-compliant with new regulations or what are the risks associated when a process is revised, the open source compliance management software will also help in refining and improving business processes.
The data mined after running a hypothetical change can help a business determine what are the best changes the organization can incorporate and how this will affect their productivity and profits. So, having Legal compliance software will not only help you comply with the new regulations but will also help you increase your business productivity.
4. Reduces Costs and saves time
Compliance tracking software automatically tracks the changes that are made to the legislation, and regulations, and identifies potential issues thus making the entire process faster, and easier than before. It also reduces human errors that could lead to fines, legal nightmares, or unnecessary or costly changes to business operations. Thus, OCM helps you target the most cost-effective solution for your business while taking into consideration both operations and compliance.
5. Build trust with your customer base
If you are unsuccessful in protecting your customer credit card information and if fraudulent purchases are made you will lose your potential customers and their trust. But complying with federal laws means that you are giving your best to keep the customers safe and maintain your customer relationship. A compliance record creates the impression that you are running a trustworthy operation.
Complinity is a Compliance Management Software that helps you track and monitor your statutory, regulatory and internal compliances. It helps large organizations (typically with 100 Cr+ turnover) to digitize, automate and work collaboratively on a single platform. This helps avoid non-compliance and minimize financial and non-financial risks like license cancellation.
Complinity helps identify compliances based on location and industry, which are then mapped to the people responsible. Complinity’s compliance team also updates the users with daily legal updates.
Complinity has a suite of modules integrated into a single platform which includes Compliance, Legal Updates, Secretarial, Assessments, Registrations, Insurance, Document Management, Tasks, Contract, Litigation, Audits, Internal Controls and Enterprise Risk Management.
- Comprehensive: 12+ Governance, Risk & Compliance (GRC) modules and daily legal updates on 2000+ Laws and 26,000+ Compliances.
- Integrated: All modules are fully integrated with common masters and inter-module linkages.
- Mature: Robust product developed over 6+ years with extensive customer usage and feedback.
- Quarterly Upgrades: Aggressive and agile product development roadmap for the future.
- Secure: Data hosted on Amazon servers with 256-bit encryption and robust info-sec controls.
- Knowledge & Expertise: In-house expert team of Chartered Accountants, Company Secretaries, Lawyers and Technology Professionals.
- Organizational Strength: Fast-growing Venture Funded Company, ISO 9001 and ISO 27001 certified.
- Great Traction: 10000+ happy users and growing.
- Intended only for medium and large companies (typically 100 Cr + turnover), Listed Companies, MNCs, PSUs and funded startups.
- It is only for customers who are serious about compliance management.
- Large database of Compliances (over 25,000) covering 50+ industry verticals.
- Daily legal updates.
- Intuitive user interface.
- Trusted by 1000+ legal entities and 10,000+ users all over India.
- Highest standards of quality and data security (ISO9001, ISO27001, SOC2 and more).
Komrisk is a complex regulatory compliance management software that helps manage and track compliance risk across various operating units and industries in India and other countries. The platform is SAAS based with API integration.
- Controls Testing
- Archiving & Retention
- Audit Trail
- HIPPA Compliance
- Comprehensive: Detailed reporting, incident management, environmental compliance,28,000 compliances with periodic compliance updates and real-time updates.
- Mature: Potent product developed with detailed customer usage and feedback.
- Knowledge and Expertise: In-house team of lawyers, subject matter experts and technology professionals.
- Great Traction: 500+ Indian companies,
- The compliance mapping process is tedious
- The team members will need more training.
- The incident management facilities need improvement.
- Great customer service
- Among the first to introduce a mobile app on Android and iOS.
3. CMW Tracker
CMW Tracker is a web-based workflow compliance management software that provides a visual interface for companies and offers pre-built applications for sales, marketing, finance, administration and other departments. It has both cloud-based and on-premise deployments.
- Customizable dashboard
- Task progress tracking
- Business process control
- Forms management
CMW Tracker’s Pros
- Comprehensive: Compliance and policy management, time tracking, audit trail, and open API for inbound and outbound.
- Integrated: Pre-integrated with MS Outlook and Microsoft Project
- Mature: Well-developed product with extensive customer usage and feedback.
- Knowledge and Expertise: In-house team of experts
CMW Tracker’s Cons
- Challenging for technical teams to implement complex algorithms
- The software is glitchy at times
- It has limited customizable features
CMW Tracker’s USP
- Easy-to-use interface
- Advanced analytics and reporting
- No coding and IT external support
Compare Pricing Plans of Top Compliance Management Software Providers
|Name||Ratings & Reviews||Starting Price||Free Trial?|
|CMW Tracker||4.7||$29.99 User/Month||Yes||Learn More|
Available on Request
|Oracle Fusion Cloud ERP||4.7||
Available on Request
|HRAPP||4.8||$20.83 Per Month||Yes||Learn More|
|Sage 50cloud||4.6||$50.58 Per Month||Yes||Learn More|
FAQs of Compliance Management Software
Regarding deploying the software, the choice varies per the company’s needs. The difference between the two is that companies with on-premise solutions use their IT team for upgrades and maintenance, whereas those with the cloud-based system put it all in the hands of the provider.
Now that regulatory bodies have started utilizing compliance management tools and technology to audit and find non-compliant incidents, it has become crucial for businesses to meet the set standards. This is where compliance software comes into play.