The Top 10 Cloud Compliance Software

AuditBoard is a cloud-based platform designed to transform and streamline the audit, risk, environmental, social, governance, and compliance management processes for businesses. This solution supports organizations from a range of different industries, including over 40% of Fortune 500 companies who use it to enhance their decision-making processes with improved clarity and agility.

AuditBoard offers a single system of record that integrates audit, risk, ESG, and compliance data, ensuring a comprehensive view of risk across the organization. This integration also enables teams to connect, align, and collaborate efficiently. This platform is designed to automate workflows, making interactions across the three lines more streamlined. As a result, teams can focus on delivering strategic value to the business.

By offering a user-centric experience and compatibility with various applications through pre-built integrations and a flexible API, AuditBoard is a versatile solution for businesses to manage their audit, risk, and compliance needs. The platform’s intuitive and integrated design allows teams to prioritize their efforts on the most significant risks and opportunities relevant to their strategic objectives.

HighBond is an enterprise governance software platform designed to improve security, audit, compliance, assurance, and risk management. The platform enables teams to organize their activities in a centralized workflow and aggregate data for real-time decision-making and reporting. This comprehensive solution allows users to manage every aspect of governance, risk, and compliance (GRC) programs in one platform.

Key features provided by HighBond include audit management, compliance management, SOX management, internal controls management, enterprise risk management, continuous monitoring, IT risk & compliance management, third-party risk management, and environmental, social, and governance (ESG) program management. This platform focusses on configuration over customization and is built on strong security controls to ensure the safety and confidentiality of your data. HighBond offers a cloud-based architecture with advanced analytics and data automation capabilities, allowing for the easy integration of data from various systems and software, as well as customizable storyboards with powerful data visualizations that help provide deep insights and real-time visibility into GRC landscapes.

This platform is supported by professional services and expert advisory, ensuring seamless implementation and continuous access to assistance when needed. With HighBond, organizations can efficiently manage their GRC program while minimizing manual processes and maximizing valuable insights.

Hyperproof is a comprehensive platform designed for managing compliance and risk. The platform streamlines multiple compliance frameworks and improves risk management, which allows businesses to concentrate on growth and security. With Hyperproof, users can centralize and automate workflows, prepare for audits efficiently, and proactively mitigate risk.

Risk management is centralized with the Hyperproof risk register, enabling you to identify, prioritize, and track risks effectively. Additionally, Hyperproof makes vendor risk assessment and mitigation easy with an automated assessment feature. Hyperproof’s audit management feature simplifies audit preparation by connecting controls and their associated evidence automatically, making collaboration with auditors seamless. The platform also grants robust roles and permissions that enable users to access necessary information while maintaining data confidentiality and enhances security with Single Sign-On (SSO) options through Azure via OpenID Connect (OIDC), JumpCloud, and Okta, as well as Multi-Factor Authentication (MFA) support with authenticator apps like Google Authenticator, Microsoft Authenticator, or Authy.

Through flexible control management, Hyperproof is adaptable to your organization’s specific needs, ensuring up-to-date control testing and task management. The platform provides complete visibility into your compliance posture and optimizes your workflow by mapping common controls, automating evidence collection, and monitoring compliance.

Microsoft Purview is a collection of data governance, risk, and compliance solutions designed to help organizations to oversee, protect, and manage their entire data estate. As a combination of former Azure Purview and Microsoft 365 compliance services, Purview caters to the increasing demand for remote user connectivity and the diversification of data across organizations.

With Microsoft Purview, organizations can achieve better visibility of data assets while enabling secure access to data, security, and risk solutions. It also safeguards sensitive data across various platforms and endpoints while managing end-to-end data risks and regulatory compliance. This comprehensive solution empowers organizations to govern, protect, and manage their data more efficiently. For those looking to improve their organization’s compliance posture, the Microsoft Purview compliance portal offers accessible tools to manage compliance needs. The portal supports compliance and risk solutions for various Microsoft services, including Microsoft Teams, SharePoint, OneDrive, Exchange, and more.

These solutions allow organizations to protect sensitive data, identify data risks, manage regulatory compliance requirements, and get started with regulatory compliance seamlessly. Microsoft Purview’s comprehensive suite of data governance solutions supports organizations in effectively managing their data estates.

The Ethics and Compliance Cloud from OneTrust is a platform that promotes an ethical and values-based culture within organizations. This platform empowers employees to speak up, share their perspectives, and raise concerns without fear of retaliation, enabling business leaders to act decisively on risk areas. OneTrust’s platform offers a global helpline with multiple intake channels, integrated case management, and built-in whistleblower protection to help organizations proactively address internal and third-party risks.

In addition to this, this platform provides training programs and a single source of policies to engage employees and stakeholders in fostering trust throughout the organization. With real-time reporting software, OneTrust helps protect and elevate a company’s brand by giving clear insights into the health of the organizational culture, the effectiveness of its programs, and the risks it faces. The company is built on the idea that good business is aligned with a positive impact on people and the planet, leveraging its Trust Intelligence Platform to connect privacy, GRC, ethics, and ESG teams, data, and processes.

OneTrust delivers a comprehensive solution that allows organizations to thrive in today’s rapidly changing business landscape. By partnering with customers, partners, employees, and communities, the company supports the development of trust and transparency in businesses worldwide.

Resolver is a certified provider of information security management with ISO/IEC 27001:2013 accreditation. This certification ensures comprehensive security practices are in place, following the best guidance from ISO/IEC 27002. Resolver’s Information Security Management System (ISMS) has been independently accredited by the International Standards Organization, and their technical controls and IT security policies have been assessed by an independent third-party auditor, A-lign.

In addition to ISO/IEC certification, Resolver is SOC 2 Type 2 certified, covering the five Trust Service Principles: Security, Confidentiality, Processing Integrity, Availability, and Privacy. This certification demonstrates that Resolver meets key compliance controls and objectives in their services. Resolver’s cloud solutions are also registered with the Cloud Security Alliance (CSA) Security, Trust & Assurance Registry (STAR), providing transparent information about their security controls.

As a company dedicated to protecting critical healthcare data and electronic personal health information, Resolver is HIPAA and HITECH audited. To further ensure the security of their clients’ data, Resolver requires their service providers and data centers to undergo regular SOC2 audits and maintain high standards in accordance with their certifications.

SAI360 is a prominent ESG cloud platform that provides cloud-based software and learning solutions designed to help organizations navigate risk effectively and flexibly. SAI360 offers intelligent solutions and global expertise, all on one award-winning platform. The platform’s features include solution configurability, process modeling, data visualization and analysis, learning and best practice content, and system integration.

SAI360 helps organizations operationalize and accelerate their ESG strategies through governance and compliance assessment capabilities, deeper insight into enterprise activities, and monitoring and reporting performance. With its new evidence request workflow, IT governance and compliance assessment capabilities, and personalized risk dashboards, SAI360 supports improved risk management and compliance processes. Additionally, SAI360 offers a mobile EHS&S app that engages workers in managing environmental, health, safety, and sustainability within the organization. It automates EHS&S processes for operational excellence using innovative and easy-to-use technologies, including a user-friendly mobile app, configurable off-the-shelf best practice modules, and interactive dashboards with leading and lagging indicators.

Overall, the SAI360 platform serves as a single system of record for compliance, risk, and audit management. It offers automated updates to ever-changing regulations, a cloud-native SaaS solution subscription model, responsive compliance with customizable workflows, and rapidly deployable preconfigured solutions. SAI360 also provides tailor-made modules for healthcare and managed care providers in the US, ensuring a comprehensive solution for various industries.

ServiceNow Governance, Risk, and Compliance (GRC) is a platform designed to help businesses manage risk and compliance by transforming manual, siloed processes into an integrated risk program. This solution offers continuous monitoring and automation, providing a real-time view of compliance and risk to improve decision-making and overall performance across organizations and their vendors.

Key features of ServiceNow GRC include risk management, policy and compliance management, audit management, and vendor risk management. The platform helps businesses detect potential risks and assess the likelihood and impact of events based on data collected from across their extended enterprise. Users can automate best-practice lifecycles, unify compliance processes, and prioritize audit engagements to improve resource allocation and the overall effectiveness of their risk management efforts. Further, the platform allows for standardized and transparent vendor risk assessment and management processes in order to reduce potential risks associated with third-party relationships.

The ServiceNow GRC platform also aids in increasing performance, optimizing internal audit productivity, improving strategic planning and decision making, and automating third-party risk processes. The system’s single platform of engagement offers orchestration, easy integration, and data ingest and publication capabilities, making it a valuable tool for businesses seeking to streamline their risk management and compliance efforts.

Vanta is a trust management platform that automates compliance and streamlines security reviews for SaaS businesses of all sizes. Offering real-time monitoring, Vanta allows businesses to manage risk and maintain their security posture, while also providing holistic risk visibility by covering employees, assets, vendors, and more, through the use of pre-built integrations or Vanta API.

The platform features continuous monitoring, enabling businesses to detect and remediate issues efficiently. Vanta boasts a wide array of capabilities, such as integrations with over 100 pre-built services, customizable policies, centralized document storage, notifications through app alerts or email, risk assessments, and vulnerability management. Furthermore, it simplifies employee and vendor management, allowing companies to stay compliant with their policies and processes.

With the help of Vanta, organizations can achieve compliance using guided scoping, policies, controls, automated evidence collection, and continuous monitoring for various security and privacy frameworks. Ultimately, Vanta provides a comprehensive, centralized platform for businesses to track progress and monitor the ever-changing field of compliance and security.

Workiva is a governance, risk, and compliance (GRC) platform that aims to connect people, processes, and data within organizations to reduce risk, increase control, and enhance insight. The platform centralizes data from multiple systems, creating automated and easily accessible reports and dashboards with up-to-date information. When evaluated among 15 vendors, Workiva scored highest in the strategy category in The Forrester Wave: Governance, Risk, and Compliance Platforms, Q3 2021.

Workiva facilitates collaboration across departments, business lines, and global locations for a more streamlined GRC process. The platform is flexible and adaptable to various emerging risks, such as ESG disclosures and regulations like the CSRD, allowing organizations to make informed decisions based on real-time insights. The platform also optimizes enterprise risk management by connecting directly to source data, automating processes, and increasing transparency. Workiva enables users to manage and monitor various compliance requirements with a centralized view of their organization’s GRC landscape. Additionally, the platform offers over 3,000 ready-to-use templates and 24/7 global support.

Workiva is designed to streamline IT risk and compliance management, automate data flow, and promote transparency in ESG reporting. The platform also assists with policy creation, implementation, and maintenance, ensuring that organizations stay ahead of global regulations and risks.