Compliance Software

Riskonnect’s Compliance software helps you manage regulatory issues to reduce risk and protect your organization.

Instantly know your compliance status. Keep close tabs on corporate and legal policies, procedures, and requirements – from one place – to defend against regulatory fines or other costly damages.

Stay a step ahead of changing regulations. Know what regulatory changes are coming – and what you’ll need to do to comply.

Communicate seamlessly from the frontlines to the C-suite. Break down silos and instill accountability to make sure actions at all levels and functions meet expectations.

Compliance Software dashboard on laptop screen

Compliance Software

Product Highlights

  • Assessment
    Management
    Easily manage templates, questions, regulations, and mappings of assessments – all from one place.
  • Content
    Framework
    Leverage the Unified Compliance Framework and effortlessly import content related to over 10,000 harmonized controls, including 1,000+ different regulations.
  • Findings
    Manage gaps identified in the assessment process and develop action plans related to these findings.
  • Policy
    Management
    Create and manage critical policies by layering in out-of-the-box workflows, attestations, and exceptions.Learn More.
  • Regulatory Change
    Management
    Monitor changes to the evolving regulatory environment and communicate to key stakeholders when important regulations are added or updated.
  • Risk Analytics
    and Insights
    Easily customize your reporting and dashboards to tell your story and inform decisions.Learn More.

Demo Video

We need to see many different aspects of risk, from minute detail to board-level insight. It can be a minefield. The solution provided by Riskonnect has enabled our framework to make that happen.”

Dan Maclennan, Group Risk Director, BT

Streamline, Automate –

and Never Do the Same Work Twice

Struggling to keep up with endless regulations that seem to be in a constant state of flux? Riskonnect’s Compliance software eases the burden so even small compliance teams can keep up with mounting pressure from external and internal demands.

  • Align internal policies and external regulations and eliminate redundancies.
  • Import, upload, and merge existing compliance and control hierarchies.
  • Automate workflows, assessments, control testing, and remediation assignments.
  • Map assessments to overlapping controls and leverage a single assessment across multiple mandates.
  • Attach relevant documents and files to the record at any stage of the process.

Answer Tough
Questions with Ease

How many hours do you spend pulling together reports for the board? Riskonnect’s Compliance software gives you the tools to quickly and easily create meaningful reports that tell your story – complete with the strategic insight leaders are looking for.

  • Gain real-time insights with intuitive dashboards and point-and-click reporting that speaks to business units, leadership, and the board.
  • Facilitate collaboration across departments, functional areas, and locations.
  • Understand and respond quickly to policy and regulatory change with ready-to-go reports.

Demonstrate Your

Commitment to Regulators

Can you provide hard evidence that compliance risks are being effectively addressed and managed? Riskonnect’s Compliance software consolidates all compliance-related activities in one place for easy tracking and managing.

  • Validate the effectiveness of controls and risk mitigations with reports configurable to any situation.
  • Link existing assets, processes, procedures, and associated risks to appropriate regulations.
  • Document issues, incidents, modifications, and exceptions with a clear audit trail.
  • Never miss a compliance deadline.

Map to Common
Frameworks

Riskonnect’s Compliance software simplifies compliance with out-of-the-box mapping to common frameworks, regulations, and guidelines.

  • Control frameworks – including NIST CSF, COBIT, COSO, ISO 27001 / 27002 / 31000, and more.
  • Federal regulations – including HIPAA, SOX, GLBA, 45 CFR Part 164, 17 CFR Part 240, GDPR, and more.
  • Industry guidelines – including FDA, FERC, FAA, NIST 800-53, NIST 171, CIS, SSAE 16, SIG, CSA, FedRAMP, and more.

Get Started with These Helpful Resources

EBOOK
Transforming Compliance
from Check-the-Box to Champion
This guide will show you how to stay on top of endless regulatory change – and champion the organization’s future.
Risk management software buying guide
EBOOK
The Complete Guide to
Buying Risk Management Software
This guide demystifies the buying process with step-by-step navigation through the entire journey.
RFP TEMPLATE
Starting an RFP process for
compliance management software?
Download Riskonnect’s list of the most critical compliance-related questions and customize it to suit your needs.

Customers with Enhanced

Compliance Programs Also Use

Third-Party Risk Management
Collect all vendor information – including agreements, contracts, policies, and access credentials – into one place to efficiently monitor suppliers throughout the entire relationship.
Enterprise Risk Management
Combine insurable and noninsurable risks so you can anticipate, assess, mitigate, and monitor every threat from every corner of the organization.
AI Governance
Apply a structured methodology to demonstrate control of AI use – without limiting innovation.

Start anywhere. Expand everywhere.

Industry Recognition for Riskonnect

Redhand Advisors Forrester Wheelhouse Advisor

Start partnering with Riskonnect today.
Find out how Riskonnect can transform the way you view risk.

Quick Answers for Your Compliance Software Questions

Compliance software is a tool to automate an organization’s regulatory compliance activities. It aggregates all corporate and legal policies, procedures, and requirements from across the organization into one centralized location for clear visibility into compliance risk. It helps you eliminate redundancies and identify gaps that could leave you vulnerable.

Technology also can help prioritize actions and minimize risk by facilitating collaboration and integrating compliance into everyday decision-making.

Riskonnect’s Compliance software offers a variety of specialized features and functions – like assessment management, regulatory change management, and policy management – to assess your compliance status, identify regulatory changes, and prioritize actions to minimize exposure.

Today’s constant flow of regulatory change makes it hard to keep up, which is made even more difficult by outdated technology and inefficient processes. Monetary fines for noncompliance are at an all-time high – and the reputational hit can be just as damaging. One sign that it’s time to consider compliance management software is if your compliance team has to manually update multiple spreadsheets or systems to accommodate a single regulatory change instead of focusing on investigating facts, understanding anomalies, and remediating issues. And if leaders are regularly asking for reports and insights that are difficult or impossible to produce, compliance software may be exactly what you need.

Look for compliance software that is easy to use, accessible, reliable, and secure. You should be able to easily make changes and updates – like adding fields, customizing page layouts, and modifying the configuration to accommodate changing regulations, new requirements, or evolving priorities – without the help of IT or your software vendor.

Riskonnect is designed to seamlessly connect risk data of all types across your organization. We also offer APIs (application programming interface) to easily import and export data and out-of-the-box integrations with specialized partners to help you get the most from your data as efficiently as possible.

Pricing depends on the size and complexity of the project and how much customization you require. We offer three industry-leading implementation options at different price points to fit your budget, while achieving your business objectives as quickly as possible.

The terms are often used interchangeably, but there’s a meaningful distinction worth drawing. Compliance software is the broader category — it encompasses any tool that helps organizations manage their compliance obligations, whether those come from external regulators or from internal governance requirements like policies, codes of conduct, and attestation programs. Regulatory compliance software is a more specific term that emphasizes the external dimension: the laws, regulations, and industry standards that organizations must satisfy, how those requirements are changing, and how to document adherence to them.

In practice, a mature compliance management system handles both. Internal policies need to map to external regulations; regulatory change needs to flow through to internal controls and procedures. The distinction matters most when evaluating tools — a platform focused only on internal policy distribution isn’t a substitute for a regulatory compliance management solution that tracks the external regulatory environment, maps obligations to controls, and maintains audit-ready evidence. Riskonnect’s Compliance software is built to cover both sides of that equation.

Regulatory compliance management tools work by creating a structured connection between external regulatory requirements and the internal activities that satisfy them. The process typically starts with a content framework of relevant regulations and control standards — in Riskonnect’s case, this includes over 1,000 regulations and 10,000+ harmonized controls via the Unified Compliance Framework. Regulations are mapped to internal policies, procedures, and controls so that when a regulation changes, the impact on your compliance program is immediately visible. Automated workflows route assessments, testing, and remediation tasks to the right people. Dashboards and reporting tools give compliance teams and leadership real-time visibility into compliance status — and provide the documentation needed to demonstrate adherence when regulators come calling.

Regulatory compliance platforms are built to span a wide range of compliance obligations. Common categories include financial regulations (SOX, GLBA, GDPR), healthcare requirements (HIPAA, FDA), data privacy laws (GDPR, state-level privacy regulations), cybersecurity frameworks (NIST CSF, NIST 800-53, ISO 27001, FedRAMP), environmental and sustainability mandates, and industry-specific standards across sectors like financial services, healthcare, energy, and manufacturing. A strong regulatory compliance management solution allows organizations to manage all of these obligations from a single platform rather than maintaining separate tools or spreadsheets for each regulatory domain. Riskonnect’s Compliance software includes out-of-the-box mapping to frameworks including COSO, COBIT, ISO 31000, HIPAA, SOX, and many others.

Regulatory change management is the process of monitoring the external regulatory environment for new or updated requirements — and systematically updating internal policies, controls, and compliance activities to reflect those changes. It’s one of the most difficult parts of running a compliance program at scale: regulations across industries are in a near-constant state of revision, and the volume of changes that a large organization must track can be enormous. Without a systematic regulatory compliance monitoring process, compliance teams rely on manual tracking, email alerts, or outside counsel to stay current — an approach that’s error-prone and doesn’t scale. Regulatory compliance software with built-in change management automatically surfaces updates to applicable regulations, notifies relevant stakeholders, and prompts the right actions to maintain compliance. For a deeper look at what this means in practice, see Riskonnect’s Corporate Compliance Definitive Guide.

Any industry operating in a regulated environment benefits from dedicated regulatory compliance tools — which, in practice, means most of them. Financial institutions face some of the most complex and rapidly evolving regulatory obligations, spanning banking regulators, securities law, anti-money-laundering requirements, and data privacy. Healthcare organizations must navigate HIPAA, FDA requirements, and accreditation standards across multiple functions simultaneously. Energy and utilities companies manage environmental regulations, safety standards, and sector-specific mandates. Pharmaceutical and life sciences firms operate under intensive FDA oversight. Public sector organizations manage compliance across government reporting, procurement regulations, and public records laws. The common thread is volume and velocity: the more regulations an organization must track, and the faster they change, the more value a purpose-built regulatory compliance system delivers over manual processes.

The most important features in a regulatory compliance platform are: a regularly updated regulatory content library mapped to common frameworks and standards; automated regulatory change alerts that notify the right people when applicable rules are added or updated; control mapping that links regulations to the internal policies, procedures, and assets designed to satisfy them; assessment management that streamlines evidence collection and control testing; workflow automation for assigning and tracking remediation tasks; and audit-ready reporting that can be produced quickly and configured to different audiences — from operational teams to the board. The ability to use a single assessment across multiple overlapping regulations — rather than re-running the same work for each mandate separately — is also a significant efficiency differentiator.

Audit readiness is one of the most immediate practical benefits of a well-implemented regulatory compliance management system. Rather than scrambling to pull evidence together when an audit is announced, organizations with centralized compliance software maintain a continuous, documented record of compliance activities: assessments completed, controls tested, issues found, remediation actions taken, and sign-offs obtained. This documentation is attached to the relevant regulations and controls in the system, making it retrievable quickly and in formats that auditors can work with. Riskonnect’s Compliance software also maintains a clear audit trail for issues, incidents, modifications, and exceptions — so there’s a complete and defensible record of how compliance obligations were managed, not just whether they were met. You can explore what a comprehensive compliance program looks like in Risk and Compliance Management Software.

Regulatory compliance doesn’t operate independently of an organization’s other risk and governance activities. A compliance gap is often also a risk — and a risk that isn’t mapped to a regulatory obligation may represent an untracked compliance exposure. The most effective regulatory compliance software solutions are designed as part of a broader GRC framework that connects compliance with enterprise risk management, internal audit, third-party risk, and internal controls. When compliance data feeds into the organization’s wider risk picture — and vice versa — leadership gets a consolidated view of exposure rather than disconnected reports from siloed functions. Riskonnect’s platform is built with this integration in mind, so compliance status, risk assessments, audit findings, and control testing all inform each other rather than living in separate systems.

These two categories are related but distinct. Compliance software — particularly regulatory compliance management software — focuses on external obligations: the laws, regulations, and industry standards that an organization must adhere to, how they’re changing, and whether the organization’s controls and processes satisfy them. Policy management software focuses on internal governance: creating, distributing, versioning, and attesting to the organization’s own policies and procedures. In practice, the two are closely connected — internal policies are often written to satisfy external regulations, and attestation data from policy management feeds into compliance evidence. Riskonnect offers both Compliance software and a separate Policy Management module, and they’re designed to work together so that the relationship between regulatory obligations and internal policy is visible and maintainable.

Selecting the right regulatory compliance platform starts with understanding what you need it to do today and where your program is headed. Key evaluation questions include: Does the platform include a pre-built regulatory content library relevant to your industry and jurisdictions, or will you need to build and maintain that content yourself? Can compliance obligations be mapped to internal controls and policies without significant IT involvement? How does the platform handle regulatory change — are updates surfaced automatically, and do they trigger downstream updates to assessments and workflows? How does it connect to your existing risk, audit, and third-party risk tools? What implementation support is provided, and how quickly can you be operational? Starting with a structured RFP process is the most reliable way to get comparable answers from multiple vendors — Riskonnect’s Compliance RFP template is built specifically for this evaluation and covers the questions that matter most when selecting a regulatory compliance management solution.