Many organizations aren’t aware that the cost of non-compliance is nearly three times the cost of compliance. A little negligence here, a small oversight there, and you soon find yourself in the murky waters of regulatory non-compliance, fines, and financial loss.
Can your company afford the risk? Probably not.
Failing to adhere to industry regulations and standards can have devastating repercussions for your business. For example, penalties for HIPAA violations range from $141 to $2,134,831 per violation, depending on the level of liability. Compliance tracking software can make the difference between business success and failure.
This blog post compares the best tools on the market to help you make an informed decision.
Compliance tracking tools are digital systems that help organizations assess their adherence to internal policies, regulatory laws, and industry standards. The tools integrate with existing business applications and automate compliance-related tasks, such as audits, incident reporting, training, and policy acknowledgments.
Compliance tracking tools help organizations to meet regulatory, legal, and internal policy requirements. They detect and address compliance gaps early and avoid legal penalties, operational disruptions, and reputational damage. If you operate in high-trust or heavily regulated industries, compliance tracking software can help you demonstrate due diligence, maintain trust with stakeholders, and stay competitive.
To choose the best compliance tracking tool, consider your business needs and the specific regulatory requirements you must meet. Here are the top features to look for in a compliance tracking tool.
These two features ensure that organizations stay compliant by aligning their processes with specific laws and industry frameworks such as HIPAA, GDPR, and ISO 27001. Mapping helps companies understand the regulatory landscape and maintain compliance. The software should map internal controls to different regulatory frameworks and give an overview of compliance status across multiple requirements.
The compliance tracking tool must integrate with enterprise systems such as HRMS, ERP, and CRM to align compliance processes with business operations. This will ensure it pulls data from different systems and provides a unified view of compliance status. Integrations also support compliance by simplifying complex processes and audits.
Non-compliance can happen when you least expect it. Get a tool that performs continuous monitoring to ensure compliance is an ongoing process, not just a one-time event. Continuous monitoring ensures real-time threat detection, keeps you audit-ready, and ensures you stay aligned with evolving regulations.
Automated alerts notify compliance officers about compliance violations, upcoming audits, or regulatory changes. They can act fast and implement corrective actions to minimize the risk of non-compliance. The compliance tool should also be able to perform automated remediation tasks such as automatically updating software, enforcing security policies, and patching vulnerabilities.
These two features provide insights into risk levels, compliance status, and audit results, supporting informed decision-making. Dashboards offer quick insights, helping teams quickly identify issues and track progress, while reporting features allow stakeholders to generate audit-ready reports that meet regulatory requirements. Reporting features and dashboards turn complex data into actionable information, making it easier to stay compliant.
The tool you choose must provide guided implementation and support services. Resources like online courses, video tutorials, certification programs, quizzes, and knowledge checks ensure smoother onboarding and streamline training.
If your employees find the tool easy to use, they will start using it daily to track, manage, and report on compliance activities. Get compliance tracking software without a lengthy learning curve to reduce the need for external or internal support.
Compliance regulations and standards are complex and always changing, so having responsive support ensures accurate and timely adherence. Your team can quickly resolve issues and adapt to new regulations. The platform’s support staff should provide guidance on the software’s usage, troubleshooting, and how to address specific compliance needs, minimizing the risk of errors and penalties.
A compliance tracking tool doesn’t just reduce manual work; it transforms processes into streamlined, automated, and highly efficient workflows. Here are the top benefits of compliance tracking tools.
A lawsuit is the last thing you want as you’re busy trying to grow your business. Any money spent on legal fees means less money for expanding your business, recruiting top talent, or developing new products. A compliance tracking tool ensures timely compliance, reducing your exposure to legal risks.
A compliance tracking platform centralizes data, ensuring all stakeholders have access to compliance-related activities and data across the organization. Features like dashboards, detailed reports, and audit trails show the people responsible for tasks, the processes completed, and where potential issues exist. Leadership and team members can work together to identify risks early and address them before they affect operations. A compliance tracking tool fosters trust internally and with external regulators.
As we mentioned in the introduction, one of the biggest benefits of compliance software is that it reduces manual work by automating repetitive compliance processes. The software automates tasks like evidence collection, compliance monitoring, authorizations, and reminders. Compliance officers can focus on high-value work like identifying emerging risks and building stronger risk frameworks.
While compliance tracking software isn’t cheap, it pays for itself with bottom-line enhancements. A cloud-based platform with features like customizable workflows and strong integrations ensures standardized processes grow with your organization.
As your business expands, it quickly adapts to accommodate more users, multiple regulations, and larger data volumes without compromising efficiency. Your organization can achieve compliance practices at scale and avoid bottlenecks as demands grow.
Teams across departments can work together on a compliance tracking platform to meet regulatory requirements. Most tools have features that support collaboration, such as role-based access, audit trails, alerts, commenting features, and version control. These break down organizational silos by providing access to compliance tasks, documents, and communication.
Safe and happy employees are more productive. Compliance tracking tools enhance workplace safety by ensuring regulatory, safety, and health protocols are consistently followed. Features like safety checklists, real-time alerts, and incident reporting ensure safety procedures and corrective actions are documented and enforced.
|
Name |
Best for |
Standout feature |
Pricing |
|
Medium to large enterprises in highly regulated industries such as finance, healthcare, and technology |
An AI-powered risk scoring system that assesses third parties based on multiple factors for a holistic risk view |
Customized pricing |
|
|
AuditBoard |
Large organizations in highly regulated industries that require compliance oversight and robust internal audit programs |
It’s a comprehensive risk platform that offers audit management, risk management, and compliance |
Customized pricing |
|
Vanta |
Startups and SMEs looking to achieve compliance certifications quickly and efficiently |
Automated compliance monitoring, which reduces manual effort by up to 90% |
Customized pricing |
|
Drata |
Companies seeking to achieve and maintain continuous compliance with certifications like GDPR, HIPAA, and PCI DSS |
Ensures ongoing compliance with real-time monitoring and automated evidence collection |
Customized pricing |
|
Hyperproof |
Growing companies that need to manage multiple regulatory frameworks |
Automated compliance monitoring with features like compliance checklists, real-time alerts, and audit trails |
Customized pricing |
|
OneTrust |
Organizations looking to unify privacy, compliance, and risk management operations |
Has multiple features for privacy management to streamline workflows for various privacy regulations |
Customized pricing |
|
LogicGate Risk Cloud |
Companies seeking a customizable risk management solution that doesn’t rely heavily on IT |
The drag-and-drop interface lets users easily build and modify risk and compliance workflows |
Customized pricing |
|
Sprinto |
Cloud-first companies looking to merge their business systems for seamless compliance |
Integrates with over 200 cloud services to automatically monitor controls against security standards |
Customized pricing |
|
PowerDMS |
High-trust organizations and other companies in sectors where accountability and compliance are critical |
Maps documents and certifications to accrediting body standards, helping companies achieve and maintain accreditation |
Customized pricing |
|
SecureFrame |
Startups and businesses can get compliant quickly without hiring consultants |
Accelerates compliance with policy generation, control monitoring, and audit preparation |
Customized pricing |
ComplyScore® is used by many organizations in highly regulated industries, such as finance, healthcare, and manufacturing. It helps them manage vendor risk and information security and comply with various regulatory standards.
“ComplyScore was highly responsive, adaptable to our evolving processes and requirements, and consistently supported us in navigating the ever-present challenges of third-party risk. ComplyScore proved to be a trusted partner at every step, making collaboration seamless and effective. Their security analysts were knowledgeable, flexible, and delivered exceptional services that consistently exceeded our expectations.”
Source: G2
AuditBoard is a compliance tracking tool that helps companies track compliance, audit, risk, InfoSec, and ESG (Environmental, Social, and Governance). They can leverage automation and expert services to streamline compliance and audit processes.
Organizations use Vanta to streamline risk, audit, and compliance processes. The compliance tracking tool automates evidence collection, control monitoring, and policy management, helping companies achieve and maintain compliance with major regulations and standards.
Drata streamlines compliance by automating evidence collection, continuous monitoring, and control validation required for major regulations and standards like ISO 27001, SOC 2, HIPAA, and others. It helps organizations to manage complex regulatory requirements cost-effectively.
Organizations use Hyperproof to automate evidence collection, manage multiple compliance frameworks, streamline audits, and boost stakeholder collaboration. It’s ideal for any business seeking to implement continuous compliance.
Many global organizations use OneTrust to navigate complex regulatory environments. The platform fosters innovation while minimizing security and compliance risks. With OneTrust, they can easily attain data privacy compliance and manage global regulations like GDPR and CCPA.
LogicGate Risk Cloud is a compliance tracking tool that helps organizations adapt quickly to changing regulatory requirements by automating and scaling their risk and compliance programs. Its strong integration capabilities and flexibility make it ideal for organizations that want to customize GRC processes without heavy reliance on IT.
This cloud-based compliance tracking software helps companies streamline their security and compliance processes by automating processes like evidence collection, control monitoring, and audit preparation. It integrates with platforms like AWS, Google Workspace, Slack, and GitHub to automatically gather evidence for controls.
PowerDMS is a policy and compliance management platform that helps organizations in high-trust and highly regulated industries manage critical data and accreditation processes. It is widely used by law enforcement, EMS, 9-1-1, and fire dispatch agencies because its features are customized for the regulatory environments of these sectors.
This popular security and compliance automation platform helps companies achieve and maintain security certifications and compliance standards. It automates audit preparation processes and continuously monitors an organization’s security posture, simplifying compliance.
By the look of things, regulatory environments will only grow more complex and dynamic, prompting the need for more advanced compliance tracking tools. Compliance tracking companies will upgrade their software using technologies like AI, machine learning, and predictive analytics. The tools will become smarter, adapting to regulatory changes in real time, automating risk detection, and offering deeper insights.
Cloud-based compliance tracking tools will enhance accessibility and collaboration, and tighter integrations will ensure seamless workflows. Organizations will be under more pressure from regulators to demonstrate transparency and accountability, and compliance tracking tools will become enablers of trust, efficiency, and competitive advantage. They will help organizations stay ahead by not only tracking compliance but also driving strategic decision-making.
In today’s fast-paced business environment, having the right compliance tracking software is essential for protecting your business from risks. It helps your organization to stay ahead of regulatory requirements and manage its risk posture effectively. ComplyScore® is designed to simplify and enhance compliance tracking. Our platform offers a well-structured compliance risk assessment framework that adapts to your organization’s needs.
Future-focused companies see compliance tracking software as a value-driven entity, not a cost center. They see compliance management as a tool for safeguarding business operations, enhancing transparency, and driving efficiency. ComplyScore® empowers organizations to stay ahead of regulatory demands. Whether you're managing regulatory reporting or vendor risk, our compliance tracking tool offers unmatched reliability and scalability.
Don’t leave compliance to chance, get ComplyScore® and start proactively managing risk.
Compliance monitoring software is a tool that helps organizations comply with legal, regulatory, and internal policies by monitoring and evaluating compliance-related activities.
The best way to monitor compliance is by using automated software solutions along with strong internal policies and employee training. Compliance monitoring software ensures continuous oversight with real-time detection of anomalies. Regular audits, proper documentation, and fostering a culture of accountability make a compliance monitoring program truly effective.
The software should be updated regularly and audited at least annually. Highly regulated or sensitive audits should be done semi-annually or quarterly. The specific frequency depends on things like the business risk profile, industry regulations, and data sensitivity.
Compliance tracking tools focus on monitoring specific controls, deadlines, and regulatory tasks. GRC platforms take a broader view, unifying governance, risk management, audits, and compliance into one framework. Simply put: compliance tracking handles execution; GRC manages overall strategy and oversight.
Top options for 2026 include ComplyScore, Vanta, and Sprinto. These platforms offer strong automation, multi-framework support, integrations, and continuous monitoring to help organizations stay audit-ready and maintain ongoing compliance.