Policy Management Software

Discover the best policy management software to craft new policies and update the existing ones seamlessly
Insufficient and outdated policies are a threat to all businesses regardless of the size and type. Also, inconsistent application of policies is sure to open up to liability. But, creating and implementing new policies or modifying the existing ones can be complex as one needs to follow specific standards, set procedures, and fixed norms. Unclear and inconsistent objectives, orthodox paper-based approach, communication gap are some of the challenges faced by many today. Investing in the best Policy Management Software for effective policy management and implementation can help minimize the associated potential risks.

What is Policy Management Software? 

Policy management software is an advanced web or cloud-powered tool that enables business organizations to seamlessly create new policies, modify the existing ones, track, and circulate the policy and procedure with ease. The software keeps all policies and regulatory compliances well organized and up-to-date, simplifying the review and attestation process. The tool ensures policy-makers that all employees, business associates, and partners fully comply with the set corporate standards and there is no breach of conduct. 

Why do Companies need to Implement Policy Management Tools?

Policy management tools provide companies with an intuitive and ultra-modern dashboard to track real-time policy status and ensure that all employees are in line with the set policies and procedures. The implementation further allows organizations to customize and automate workflows, thereby making employees more accountable. 

How to Select the Best Policy Management Software?

Policy management software is a next-generation tool for businesses of all types and sizes. Investing in the right policy management solution is the need of the hour. But choosing the top policy management software becomes a daunting task for most customers. You need a user-friendly and reliable research platform such as GoodFirms to simplify your choice. GoodFirms has created a list of the best policy management software vendors, all thoroughly compared against all vital criteria, such as features, price, deployment, original reviews, etc. to help you make the best decision.

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List of Best Policy Management System

  • PayorIQ

    Get Notified when payors change policies.
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    A truly remarkable AI SaaS tool - highly sophisticated in its functionality, yet incredibly easy to deploy and utilize. Whether you are a single provider office or a multi-location practice group or health system you need this product. Providers are no longer defenseless against the mountainous volume of payor policies. The PayoIQ's payor change information will provide immediate and substantial r ... read more about PayorIQ

    Entry Level Price
    Contact vendor
    Free Trial
    Available
    Category Focus
    100% in Policy Management Software
  • Procedure Rock

    Powerful Tool, Managed Procedures Policies
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    ProcedureRock is a smart, cloud-based Operations and Procedures Management Software that systemizes your business operations. It makes it easy for you to document and manage your procedures, processes, manuals, guidelines and much much more. HR software suite allowing up to 40 users per membership. Smart features allow for monitoring, storing, and collaborating with all invited users. The GPS func ... read more about Procedure Rock

    Entry Level Price
    $100 Per Month
    Free Trial
    N/A
    Category Focus
    50% in Policy Management Software
  • TKO Policy Guides

    Cloud Based SOP’s, Policies and Procedures System
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    A software application that allows you to document and then easily share your policies and procedures with your staff. Perfect for standard operating procedures (sop), compliance or on-boarding staff. Our company has been helping businesses like yours document their systems for over 14 years. Consistently our clients tell us how hard and time consuming it is to write good policies and procedures. ... read more about TKO Policy Guides

    Entry Level Price
    $850 Per Year
    Free Trial
    14 Days
    Category Focus
    100% in Policy Management Software
  • Qualio

    The leading quality management system for life sciences teams
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    Qualio is a cloud-based quality management software system designed for life science companies. Qualio empowers medical device, pharmaceutical, biotech and contract organizations to get to market faster, boost revenue, cut risk and slice their cost of quality. Over 500 life science companies in 80 countries use Qualio to embed and automate GxP, FDA and ISO compliance. Qualio unites your teams, to ... read more about Qualio

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    Policy Management Software
  • SmartCompliance

    Insurance Tracking & Compliance Management Solutions
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    Self-service & full-service solutions that automate certificate of insurance or proof of insurance renewals, eliminate manual data entry, & help ensure compliance. SmartCompliance is a certificate of insurance tracking and compliance management software for brokers, insurance consultants and risk managers. Our easy-to-use certificate tracking software helps insurance professionals streamline their ... read more about SmartCompliance

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    25% in Policy Management Software
  • Accountable

    We make HIPAA Compliance simple.
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    The most trusted HIPAA compliance management platform. We've simplified the entire process of achieving and complying with HIPAA, so you never have to worry about whether you are compliant again. Accountable simplifies the process of achieving and managing HIPAA compliance through an easy-to-use online platform. Accountable is a platform designed to help organizations manage HIPAA compliance. Our ... read more about Accountable

    Entry Level Price
    $399 Per Month
    Free Trial
    14 Days
    Category Focus
    50% in Policy Management Software
  • Convercent

    Driving Ethics to the Center of Business
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    Convercent helps compliance teams engage employees, manage and mitigate risk, and protect their brands. Its Ethics Cloud Platform provides a suite of applications: Convercent Insights, Convercent Helpline, Convercent Campaigns, Convercent Disclosures and Convercent Interactive Code of Conduct, that gives executives insights required to make proactive, informed decisions about their company’s eth ... read more about Convercent

    Entry Level Price
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    Free Trial
    N/A
    Category Focus
    25% in Policy Management Software
  • CyberOne

    Automated Integrated Powerful
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    Specialize in CMMC, SOC Type 1 and 2, ISO 27001, PCI DSS and HIPAA compliance. Full Compliance and risk workflow for all global regulations/standards. Comprehensive, mapped, cross-walked, control reference library, control implementation guidance, automated evidence collection, internal audit, continuous monitoring and issue management for gaps & corrective actions, & live dashboards. CyberOne hel ... read more about CyberOne

    Entry Level Price
    $185 Per Month
    Free Trial
    Available
    Category Focus
    25% in Policy Management Software
  • DynamicPolicy

    Efficient Policy Management
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    Manage all your policies & procedures—in one place. Policy and procedure management software built for the enterprise; designed for all. DynamicPolicy™ is a Web-based application that automates and manages the complete cycle of creation, distribution, publication, education and enforcement of corporate policies and procedures. After the policies are created, they can easily be distributed with ... read more about DynamicPolicy

    Entry Level Price
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    Free Trial
    15 Days
    Category Focus
    100% in Policy Management Software
  • PolicyTech

    Creating Risk Management Policies That Work for You
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    PolicyTech is an industry-leading policy and procedure management system. This revolutionary software streamlines and automates policy management so your organisation can reduce legal risk and ensure each employee and stakeholder has access to the appropriate policies. PolicyTech makes it easy to create policy templates and archive documents for increased accessibility and accountability of your p ... read more about PolicyTech

    Entry Level Price
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    Free Trial
    14 Days
    Category Focus
    100% in Policy Management Software
  • TotalCompliance

    The World's Most Powerful Compliance Software
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    TotalCompliance makes it simple to manage policies and procedures. TotalCompliance is the most cost-effective compliance software spanning policy and procedure management, and efficient risk, audit and assessment management. At ComplianceBridge, our mission is to make Policy and Procedure Management and Risk Management easier. That’s why we built TotalCompliance, the world’s most powerful clou ... read more about TotalCompliance

    Entry Level Price
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    Free Trial
    14 Days
    Category Focus
    50% in Policy Management Software
  • MetaCompliance Policy Management

    Solves the problem of employee engagement.
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    Be efficient, effective and agile when it comes to policies. Policy management software helps to automate the policy life cycle and provides the “evidential weight” required to protect organisations from brand degradation and reputational threats. Managing policies and maintaining compliance should be simple. Using policy management software, organisations can increase policy participation, ea ... read more about MetaCompliance Policy Management

    Entry Level Price
    Contact vendor
    Free Trial
    Available
    Category Focus
    100% in Policy Management Software
  • Staff.Wiki

    Your Own Customizable and Secure Wiki Tool
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    Staff.Wiki is a wiki tool to centralize and secure your Policies & Procedures. Manage updates with approval workflow and version control, bring procedures to life with workflow-powered checklists, create quizzes and training programs, request staff to sign & acknowledge policies with attestation and connect staff to experts with in-page web-chat. Use either in the cloud or install on-premise for m ... read more about Staff.Wiki

    Entry Level Price
    Contact vendor
    Free Trial
    14 Days
    Category Focus
    100% in Policy Management Software
  • Adoptech

    Unlock enterprise sales
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    Adoptech has everything your B2B SaaS firm needs to get and stay procured and start billing your Enterprise customer Get Enterprise ready with our simple and slick platform with every policy and agreement you need, supported by configurable, audit ready compliance work flows allowing you to quickly and repeatedly adhere to your Enterprise customers stringent information security, third party risk ... read more about Adoptech

    Entry Level Price
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    Free Trial
    Available
    Category Focus
    100% in Policy Management Software
  • ConvergePoint Policy Management

    Policy Lifecycle Management on Office 365 SharePoint
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    ConvergePoint Policy Management easy to use app on your existing Microsoft Office 365 SharePoint platform to manage the entire lifecycle. Use the policy management software to incorporate best practices for document drafting, reviewing & redlining, approvals, publishing, roles-based document repository, attestations, renewals, search, reporting, real-time dashboards & much more. Large customer bas ... read more about ConvergePoint Policy Management

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Policy Management Software

Frequently Asked Questions

Who Can Use Policy Management Software?

The policy management system enables all organizations, irrespective of size, to create an effective policy and procedure framework. The software serves a plethora of industries serving different areas. The critical business domains using policy management tools include the healthcare sector, education, the manufacturing and retail sector, banking and financial institutions, the insurance providers, transportation companies, energy, and utility sectors, etc.

How Policy Management Software Helps in Creating and Managing Policies?

The role of enterprise policy management software is to create new policies, update those policies regularly and manage them efficiently. The policy management software allows policy-makers and compliance officers to set the agenda and objectives before policy formulation. 

The tool helps them identify the main issues, simplifies policy legitimation, implementation, evaluation, and maintenance. 

The policy management system centralizes all the documents to store the policy content in one place. The control interface automates and enforces policies and regulatory compliances.

Does Policy And Procedure Management System Improve Employee Engagement and Accountability?

Yes, policy management software plays a significant role in improving and ensuring employee engagement and accountability. It is crucial to involve all employees while formulating policies and asking for feedback when planning to renew or update the guidelines. One of the other effectual ways policy management solutions are increasing employee collaboration and responsibility is making policies easily accessible to everyone and keeping them simple. Also, there should be clarity in setting the expectations and bring transparency in communication.

How can the Policy Management Solutions Benefit the Healthcare Sector?

The healthcare sector is one of the prime sectors to leverage the policy and procedure software. The software has benefited the industry in many ways. 

First and foremost, policy management software promotes health safety for both the patients and employees through automated data storage. Alerts and notifications allow medical staff and professionals to minimize compliance risks and enable everyone to view information simultaneously. The integration with the document management system saves time and provides error-free faster processing. 

The tool creates improved consistency and greater uniformity across all departments, which increases collaboration. The tool has transformed the standard forms into digitized online forms, shared across departments in real-time. 

The best policy management software restricts access to documents for reviewing or editing the policies. It improves operational efficiencies.

How Can Policy Management Software Streamline the Review and Approval Process?

Policy management software helps in the policy review and approval process. The tool automates the entire procedure with a robust and efficient workflow system. You can assign the task of reviewing and approving documents to different policy-makers and reviewers. You can allocate each of the workflow steps to professionals for templatizing the workflow to bring uniformity.

What is the cost of the Best Policy Management Software?

With the policy management software market ascending, various vendors have a viable opportunity to showcase their products. This means that the pricing model is becoming more competitive, with many vendors providing free policy management software options such as Desk Policy, Securicy, etc. Customers can invest in open source policy management software, which allows them to customize the tool based on their organizational needs.

The best free and open source policy management solutions suffice twin requirements. You get custom-built features without paying a single penny. Also, you can opt for affordable policy management platforms such as Termageddon, priced at $10 a month. It is recommended to check out the GoodFirms page on the top policy management tools before finalizing the decision. 

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