---
title: "Best Policy Management Software - 2026 Reviews & Pricing"
description: "Find the best Policy Management Software for your organization. Compare top Policy Management Software systems with customer reviews, pricing, and free demos."
source_url: "https://www.softwareadvice.com/policy-management/"
page_type: "category"
language: "en"
---

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Policy Management Software

Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee.

# Best Policy Management Software of 2026

Updated November 14, 2026

## Policy Management FAQs

Software Advice advisors had 21 conversations with buyers about Policy Management software between January 2025 and June 2026. These are the questions that came up most.

-   How do I choose the right Policy Management software for my business?
    
    Choosing the right policy management software starts with confirming it can centralize all policies, automate approval workflows, and make searching quick and easy, buyers frequently tell our advisors that these are the top requirements. Teams also weigh whether the tool offers document lifecycle management, dashboards to track policy status, and fits their preferred deployment model, since friction often arises from manual processes and scattered storage.
    
-   What is the best Policy Management software for a small to mid-size business?
    
    For small to mid-size businesses, the best policy management system is one that centralizes all policies and procedures, offers easy search, and supports policy creation, approval, and tracking in one place. Based on advisor calls, buyers in this segment consistently prioritize document management, approval workflows, and dashboards to address challenges like fragmented policy storage and manual approval processes. Many buyers look for solutions that can help reduce errors and make it easier to keep policies current and accessible. A good fit should also include document lifecycle management so users can track changes from creation to archiving without gaps.
    
    Answer based on 18 advisor calls
    
-   What should businesses watch out for when choosing Policy Management software?
    
    Advisor-call conversations show that buyers should watch for fragmented policy storage, manual approval workflows, and deployment fit when choosing policy management software. Most buyers in this category come from the hospital and health care industry, where keeping policies centralized and easy to search is a frequent must-have. Midsize and small businesses alike often flag core policy management functions as a top priority, but many find that manual, error-prone steps can slow down approvals and updates. The majority of buyers ask about cloud or software-as-a-service (SaaS) deployments, so businesses should confirm deployment type and data access needs before moving forward.
    
    Answer based on 21 advisor calls
    
-   What are common complaints about Policy Management software?
    
    A common theme in these conversations is frustration with fragmented policy repositories that make distribution and searching difficult. Buyers frequently mention manual and error-prone policy authoring and approval workflows as a major source of friction. General dissatisfaction with current policy management tools also comes up, often tied to these workflow and access issues.
    
    Answer based on 15 advisor calls
    
-   What should I look for when comparing Policy Management software options?
    
    When comparing policy management software, the top priorities during advisor calls are the ability to centralize all policies, manage document versions, and automate approval workflows. Buyers frequently mention challenges with scattered policy storage, slow searches, and manual, error-prone review processes, so options with strong document management, lifecycle tracking, and built-in dashboards stand out. Many also look for systems that make it easy to route documents for approval and keep track of who has reviewed or updated each policy.
    
    Answer based on 21 advisor calls
    
-   How does Policy Management software handle its core workflows and key processes?
    
    Policy management tools handle core workflows by letting teams create, store, and track policies in a single place, according to what buyers describe in advisor calls. Buyers frequently mention wanting approval workflows that route new or updated policies through stakeholder reviews before publishing. Centralized document management and search are must-haves for buyers moving away from fragmented policy storage. Visual dashboards for tracking policy status and compliance metrics also come up as a requested feature. A common pain point in advisor calls is manual or error-prone policy drafting and approvals, which many buyers hope to address with these systems.
    
    Answer based on 21 advisor calls
    
-   How much does Policy Management software cost?
    
    Most teams discussing policy management tools with buyers we've talked to are quoted either a flat monthly fee or a per-user monthly price. Flat monthly pricing usually sits near $350, with options ranging from $200 to $1,750 per month. When priced per user, the median is about $75 per month, and buyers commonly hear quotes from $45 to $175 per user. Both models appear in advisor calls, and the choice often depends on the vendor and the features selected.
    
    Answer based on 14 advisor calls
    
-   What features should Policy Management software include?
    
    The features buyers our advisors talk to ask for most often include tools to create, manage, and track policies and procedures, as well as a way to store and organize electronic documents in one place. Approval workflows, which let users route policies and documents through different stakeholders for review, are a top priority for many. Buyers frequently mention wanting document lifecycle management to handle everything from creation to archiving, and dashboards that show key metrics and policy status at a glance.
    
    Answer based on 19 advisor calls
    
-   What is Policy Management software and what does it do?
    
    Policy Management software helps organizations create, update, share, and keep track of their internal and external policies, according to our advisors, buyers often look for tools to ensure policies stay current and accessible. It typically lets users draft and revise documents, manage approval workflows, store policies in a central location, and monitor document versions over time. Many buyers also mention the need for dashboards that show policy statuses and compliance metrics.
    
    Answer based on 19 advisor calls
    

On this page

1.  Popular Comparisons
2.  Buyers Guide
3.  Frequently Asked Questions
4.  Related Software

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### [DocTract](/policy-management/doctract-profile/)

- Overall rating: 5.0/5
- Reviews: 46
- Free trial: Not available
- Free demo: Not available

#### Overview

DocTract is a cloud-based policy management solution designed to support the creation, approval, tracking and distribution of organizational policies and procedures. It is used by

[Read more](/policy-management/doctract-profile/)

#### Features

##### Best rated features

- Risk Management: 5/5
- ISO Compliance: 5/5
- FDA Compliance: 5/5
- Policy Metadata Management: 5/5

##### Worst rated features

- Commenting/Notes: 4/5

[See all features](/policy-management/doctract-profile/#key-features)

---

### [PowerDMS](/policy-management/powerdms-profile/)

- Overall rating: 4.7/5
- Reviews: 621
- Best for: Small businesses
- Free trial: Available
- Free demo: Not available

#### Overview

PowerDMS is a cloud-based public safety platform designed to assist public safety and healthcare organizations. The solution offers a suite of solutions such as policy management,

[Read more](/policy-management/powerdms-profile/)

#### Features

##### Best rated features

- Workflow Management: 5/5
- Configurable Workflow: 5/5
- Case Management: 5/5
- Training Management: 5/5

##### Worst rated features

- HIPAA Compliant: 1/5

[See all features](/policy-management/powerdms-profile/#key-features)

#### Pricing

##### Plan

- Price: Custom
- Pricing available upon request
- Pricing not available

[See full pricing details](/policy-management/powerdms-profile/#pricing-and-plans)

---

### [DynamicPolicy](/policy-management/dynamicpolicy-profile/)

- Overall rating: 4.6/5
- Reviews: 16
- Starting price: $2,400.00/year
- Free trial: Available
- Free demo: Not available

#### Overview

DynamicPolicy is a cloud-based solution designed to help midsize enterprises manage the entire policy management lifecycle through certification tracking, collaboration, version

[Read more](/policy-management/dynamicpolicy-profile/)

#### Features

##### Best rated features

- Version Control: 5/5
- Audit Trail: 5/5
- Document Review: 5/5
- Training Management: 5/5

[See all features](/policy-management/dynamicpolicy-profile/#key-features)

#### Pricing

##### Basic

- Price: $2,400.00/year

[See full pricing details](/policy-management/dynamicpolicy-profile/#pricing-and-plans)

---

### [Policy & Procedure Management](/cms/policy-and-procedure-management-profile/)

- Overall rating: 4.7/5
- Reviews: 23
- Starting price: $0.01/month
- Free trial: Available
- Free demo: Not available

#### Overview

ComplianceBridge excels as the most comprehensive and feature-rich solution for managing policies and procedures.  Designed for rapid deployment and straightforward administration,

[Read more](/cms/policy-and-procedure-management-profile/)

#### Pricing

##### Basic

- Price: $0.01/month

[See full pricing details](/cms/policy-and-procedure-management-profile/#pricing-and-plans)

---

### [HealthStream Policy Manager](/product/267264-HealthStream-Policy-Manager/)

- Overall rating: 4.6/5
- Reviews: 14
- Starting price: $4,350.00/year
- Free trial: Available
- Free demo: Not available

#### Overview

HealthStream Policy Manager is a comprehensive cloud-based platform built for the healthcare industry that allows organizations to publish, access, and manage their policies and

[Read more](/product/267264-HealthStream-Policy-Manager/)

#### Features

##### Best rated features

- Document Management: 4/5
- Policy Creation: 4/5
- Archiving & Retention: 4/5
- Secure Data Storage: 3/5

##### Worst rated features

- Compliance Management: 3/5
- Secure Data Storage: 3/5
- Archiving & Retention: 4/5
- Policy Creation: 4/5

[See all features](/product/267264-HealthStream-Policy-Manager/#key-features)

#### Pricing

##### Basic

- Price: $4,350.00/year

[See full pricing details](/product/267264-HealthStream-Policy-Manager/#pricing-and-plans)

---

### [Onspring](/bpm/onspring-profile/)

- Overall rating: 4.8/5
- Reviews: 105
- Best for: Value for money
- Free trial: Not available
- Free demo: Not available

#### Overview

Onspring is a cloud-based governance, risk and compliance (GRC) platform that helps streamline business processes and enhance efficiency across various industries. The platform

[Read more](/bpm/onspring-profile/)

#### Features

##### Best rated features

- Policy Creation: 5/5
- Data Security: 5/5
- KRI (Key Risk Indicator) Monitoring: 5/5
- PCI Compliance: 5/5

[See all features](/bpm/onspring-profile/#key-features)

---

### [Mitratech PolicyHub](/policy-management/policyhub-profile/)

- Overall rating: 4.3/5
- Reviews: 7
- Starting price: $15,000.00/year
- Free trial: Not available
- Free demo: Not available

#### Overview

PolicyHub is policy management solution designed to help medium to large businesses manage and streamline all processes, from policy creation to distribution and reporting. The

[Read more](/policy-management/policyhub-profile/)

#### Features

##### Best rated features

- Policy Training: 5/5
- Attestation: 5/5
- Workflow Management: 5/5
- Compliance Management: 5/5

##### Worst rated features

- Customizable Reports: 3.5/5
- Archiving & Retention: 4/5

[See all features](/policy-management/policyhub-profile/#key-features)

---

### [Qualityze Suite](/cmms/qualityze-profile/)

- Overall rating: 4.9/5
- Reviews: 71
- Free trial: Available
- Free demo: Not available

#### Overview

Qualityze is a cloud-based Quality Management System (QMS) built on Salesforce that transforms quality processes into intelligent, data-driven workflows. Designed for regulated

[Read more](/cmms/qualityze-profile/)

#### Features

##### Best rated features

- Document Editing: 5/5
- Collaboration Tools: 5/5
- Document Classification: 5/5
- File Sharing: 5/5

##### Worst rated features

- Generative AI: 3/5
- Surveys & Feedback: 3/5
- AI Copilot: 3.5/5
- Data Import/Export: 4/5

[See all features](/cmms/qualityze-profile/#key-features)

#### Pricing

##### Enterprise Plan

- Price: Custom
- Pricing available upon request
- Designed for mid-size and large regulated organizations, the Enterprise plan provides a scalable,

[See full pricing details](/cmms/qualityze-profile/#pricing-and-plans)

---

### [Scrut Automation](/product/514978-Scrut/)

- Overall rating: 4.9/5
- Reviews: 139
- Best for: Ease of use
- Free trial: Not available
- Free demo: Not available

#### Overview

Scrut Automation is a governance, risk and compliance platform designed to help organizations develop and manage security-focused GRC programs. It supports businesses at various

[Read more](/product/514978-Scrut/)

#### Features

##### Best rated features

- Customizable Forms: 5/5
- Security Auditing: 5/5
- Policy Library: 5/5
- Template Management: 5/5

##### Worst rated features

- Customizable Reports: 4/5
- Support Ticket Management: 4/5
- Policy Training: 4/5
- Enterprise Risk Management: 4/5

[See all features](/product/514978-Scrut/#key-features)

---

### [Risk Hawk](/policy-management/risk-hawc-profile/)

- Overall rating: 4.8/5
- Reviews: 62
- Free trial: Available
- Free demo: Not available

#### Overview

Risk Hawk is designed for CROs, CAEs, CCOs, CAROs, CTOs, CIOs, CISOs and Heads of risk, compliance, audit, and operations who are aiming to make their organization resilient and

[Read more](/policy-management/risk-hawc-profile/)

#### Features

##### Best rated features

- Exceptions Management: 5/5
- Archiving & Retention: 5/5
- Monitoring: 5/5
- Document Storage: 5/5

##### Worst rated features

- Compliance Tracking: 4/5
- Real-Time Monitoring: 4/5
- IT Risk Management: 4/5

[See all features](/policy-management/risk-hawc-profile/#key-features)

#### Pricing

##### Custom

- Price: Custom
- Pricing available upon request
- Risk Hawk provides custom risk management software for identifying, assessing, monitoring and

[See full pricing details](/policy-management/risk-hawc-profile/#pricing-and-plans)

---

### [A1 Tracker](/crm/a1-tracker-profile/)

- Overall rating: 4.9/5
- Reviews: 84
- Starting price: $300.00/month
- Free trial: Available
- Free demo: Not available

#### Overview

A1 Enterprise provides a dynamic Enterprise Risk Management ERM software "A1 Tracker" to secure a better future for your organization.

Product is offered as cloud-based solution

[Read more](/crm/a1-tracker-profile/)

#### Features

##### Best rated features

- Communications Management: 5/5
- Quotes/Estimates: 5/5
- Customer Portal: 5/5
- Collaboration Tools: 5/5

[See all features](/crm/a1-tracker-profile/#key-features)

#### Pricing

##### Enterprise

- Price: $300.00/month
- 5 User Minimum.

Monthly and Annual Renewal Options.
Implementation costs vary and may include:
-

[See full pricing details](/crm/a1-tracker-profile/#pricing-and-plans)

---

### [Termageddon](/policy-management/termageddon-profile/)

- Overall rating: 5/5
- Reviews: 18
- Starting price: $10.00/month
- Free trial: Not available
- Free demo: Not available

#### Overview

Termageddon is a policy management solution that helps organizations create and embed privacy policies into websites and applications. The platform lets attorneys send custom

[Read more](/policy-management/termageddon-profile/)

#### Features

##### Best rated features

- Policy Metadata Management: 5/5
- Policy Creation: 5/5
- Audit Trail: 5/5
- Approval Process Control: 5/5

[See all features](/policy-management/termageddon-profile/#key-features)

---

### [C1Risk](/hipaa-compliance/cyberone-profile/)

- Overall rating: 4.9/5
- Reviews: 23
- Starting price: $6,500.00/year
- Free trial: Available
- Free demo: Not available

#### Overview

Founded in 2015, C1Risk is a privately held, woman, minority-owned technology company headquartered in Silicon Valley. The 1Risk platform is a cloud-based SaaS, single, integrated,

[Read more](/hipaa-compliance/cyberone-profile/)

#### Features

##### Best rated features

- Audit Trail: 5/5
- Audit Management: 5/5
- Exceptions Management: 5/5
- Mobile Access: 5/5

##### Worst rated features

- Incident Management: 3/5
- Policy Metadata Management: 4/5
- Asset Tracking: 4/5

[See all features](/hipaa-compliance/cyberone-profile/#key-features)

#### Pricing

##### Basic

- Price: $6,500.00/year

[See full pricing details](/hipaa-compliance/cyberone-profile/#pricing-and-plans)

---

### [Accountable](/lms/accountable-profile/)

- Overall rating: 4.8/5
- Reviews: 35
- Starting price: $0.00/month
- Free trial: Available
- Free demo: Not available

#### Overview

Accountable is a cloud-based compliance and risk management software designed for healthcare practices of all sizes. It helps users manage HIPAA compliance, policies and

[Read more](/lms/accountable-profile/)

#### Features

##### Best rated features

- Course Management: 5/5
- Multi-Physician: 5/5
- Policy Creation: 5/5
- Training Administration: 5/5

##### Worst rated features

- Audit Management: 3.3/5
- Risk Analysis: 4/5
- Vendor Risk Management: 4/5

[See all features](/lms/accountable-profile/#key-features)

#### Pricing

##### Training Only

- Price: $0.00/month
- For teams needing straightforward HIPAA training.
+$25 per training certificate

##### Essential

- Price: $99.00/month
- For teams needing straightforward HIPAA training.
+$25 per training certificate

- Everything On

##### Full Service

- Price: $449.00/month
- Ideal for companies wanting white glove service.
+$25 per training certificate

[See full pricing details](/lms/accountable-profile/#pricing-and-plans)

---

### [Surglogs](/product/451215-Surglogs/)

- Overall rating: 4.8/5
- Reviews: 31
- Free trial: Available
- Free demo: Not available

#### Overview

Surglogs offers a suite of tools for thorough record-keeping. Designed for healthcare facilities, the software provides templates for logging and monitoring critical parameters

[Read more](/product/451215-Surglogs/)

#### Features

##### Best rated features

- Progress Tracking: 5/5
- Policy Library: 5/5
- Audit Trail: 5/5
- Approval Process Control: 5/5

##### Worst rated features

- Policy Management: 4/5
- Task Management: 4/5

[See all features](/product/451215-Surglogs/#key-features)

#### Pricing

##### Basic

- Price: Custom
- Pricing available upon request

[See full pricing details](/product/451215-Surglogs/#pricing-and-plans)

---

### [Tandem Software](/risk-management/tandem-software-profile/)

- Overall rating: 4.8/5
- Reviews: 59
- Free trial: Available
- Free demo: Not available

#### Overview

Tandem's web-based application is designed to manage the compliance burden of information security regulations and improve the security posture of each of its users. Tandem is a

[Read more](/risk-management/tandem-software-profile/)

#### Features

##### Best rated features

- Audit Management: 5/5
- Risk Management: 5/5
- Activity Dashboard: 5/5
- Document Storage: 5/5

##### Worst rated features

- Performance Metrics: 3/5
- Sourcing Management: 3/5
- Collaboration Tools: 3.5/5

[See all features](/risk-management/tandem-software-profile/#key-features)

#### Pricing

##### Basic

- Price: Custom
- Pricing available upon request

[See full pricing details](/risk-management/tandem-software-profile/#pricing-and-plans)

---

### [DocRead for SharePoint](/product/454744-DocRead-for-SharePoint/)

- Overall rating: 5/5
- Reviews: 12
- Starting price: £1,900.00/year
- Free trial: Available
- Free demo: Not available

#### Overview

DocRead for SharePoint is a solution that integrates seamlessly into SharePoint and helps users upload and configure documents. Its compliance cockpit summarizes the reading

[Read more](/product/454744-DocRead-for-SharePoint/)

#### Features

##### Best rated features

- FDA Compliance: 5/5
- Archiving & Retention: 5/5
- Compliance Management: 5/5
- HIPAA Compliant: 5/5

[See all features](/product/454744-DocRead-for-SharePoint/#key-features)

#### Pricing

##### Basic

- Price: £1,900.00/year

[See full pricing details](/product/454744-DocRead-for-SharePoint/#pricing-and-plans)

---

### [PMAM HCM](/product/476735-PM-AM-HCM/)

- Overall rating: 4.8/5
- Reviews: 57
- Free trial: Not available
- Free demo: Not available

#### Overview

PMAM HCM is a cloud-based platform that aids in managing human capital. It is utilized by various organizations globally to enhance efficiency and minimize risk. This platform

[Read more](/product/476735-PM-AM-HCM/)

#### Features

##### Best rated features

- Real-Time Notifications: 5/5
- Policy Training: 4.9/5
- Attestation: 4.9/5
- Approval Process Control: 4.7/5

##### Worst rated features

- Single Sign On: 3.5/5
- Document Management: 3.5/5
- Assessment Management: 4/5

[See all features](/product/476735-PM-AM-HCM/#key-features)

---

### [Process Street](/project-management/process-street-profile/)

- Overall rating: 4.7/5
- Reviews: 652
- Best for: Customer support
- Free trial: Available
- Free demo: Not available

#### Overview

Process Street is a compliance operations platform that helps teams run their most critical processes the right way, every time. Powered by AI agents, it enforces policies, keeps

[Read more](/project-management/process-street-profile/)

#### Features

##### Best rated features

- Customizable Reports: 5/5
- Templates: 5/5
- Complaint Management: 5/5
- Integrations Management: 5/5

##### Worst rated features

- Client Management: 3/5
- Generative AI: 3/5

[See all features](/project-management/process-street-profile/#key-features)

#### Pricing

##### Startup

- Price: Custom
- Pricing available upon request
- Our entry plan, built for a team standardising its first set of workflows. It covers unlimited

##### Pro

- Price: Custom
- Pricing available upon request
- Everything in Startup, for teams running workflows across more than one department. It adds up to

##### Enterprise

- Price: Custom
- Pricing available upon request
- Everything in Pro, for organisations with security, scale and audit requirements. It adds custom

[See full pricing details](/project-management/process-street-profile/#pricing-and-plans)

---

### [Jatheon](/archiving/jatheon-archiving-suite-profile/)

- Overall rating: 4.8/5
- Reviews: 26
- Free trial: Not available
- Free demo: Not available

#### Overview

Jatheon Cloud is an AI-enabled data archiving and corporate governance solution built on AWS infrastructure. It helps organizations securely store, access, search, and produce

[Read more](/archiving/jatheon-archiving-suite-profile/)

#### Features

##### Best rated features

- Data Retention Management: 5/5
- Compliance Management: 5/5
- Archiving & Retention: 5/5

[See all features](/archiving/jatheon-archiving-suite-profile/#key-features)

---

### [Zazoon](/product/510870-Zazoon/)

- Overall rating: 4.9/5
- Reviews: 8
- Starting price: CHF500.00/month
- Free trial: Available
- Free demo: Not available

#### Overview

Zazoon is a comprehensive governance, risk, and compliance (GRC) platform that offers a modular approach, allowing businesses to customize the solution based on specific needs. The

[Read more](/product/510870-Zazoon/)

#### Features

##### Best rated features

- Document Management: 5/5
- Assessment Management: 5/5
- Incident Management: 5/5
- IT Risk Management: 5/5

[See all features](/product/510870-Zazoon/#key-features)

#### Pricing

##### Standard

- Price: CHF500.00/month

[See full pricing details](/product/510870-Zazoon/#pricing-and-plans)

---

### [Ideagen Compliance](/product/537635-Ideagen-Compliance/)

- Overall rating: 4.8/5
- Reviews: 15
- Free trial: Not available
- Free demo: Not available

#### Overview

Ideagen Compliance is a compliance management platform designed to support regulatory adherence across various industries, including financial services, healthcare, manufacturing,

[Read more](/product/537635-Ideagen-Compliance/)

#### Features

##### Best rated features

- Document Management: 4.5/5
- Audit Trail: 4/5
- Compliance Tracking: 4/5
- API: 4/5

[See all features](/product/537635-Ideagen-Compliance/#key-features)

---

### [Axonius](/help-desk/axonius-profile/)

- Overall rating: 5/5
- Reviews: 5
- Free trial: Available
- Free demo: Not available

#### Overview

Axonius is an information technology asset management (ITAM) solution designed to assist small to large enterprises with monitoring inventory of software and hardware assets. It

[Read more](/help-desk/axonius-profile/)

#### Features

##### Best rated features

- Access Controls/Permissions: 5/5
- Inventory Management: 5/5
- Alerts/Notifications: 5/5
- Reporting/Analytics: 5/5

##### Worst rated features

- Endpoint Management: 3/5
- Vulnerability Scanning: 4/5

[See all features](/help-desk/axonius-profile/#key-features)

#### Pricing

##### Basic

- Price: Custom
- Pricing available upon request

[See full pricing details](/help-desk/axonius-profile/#pricing-and-plans)

---

### [BlueDocs](/product/528816-BlueDocs/)

- Overall rating: 5/5
- Reviews: 5
- Starting price: $6.00/month
- Free trial: Available
- Free demo: Not available

#### Overview

BlueDocs is what teams use when they finally get fed up with internal chaos. You know the deal — a new hire joins and you're digging up the same three docs buried in a Slack

[Read more](/product/528816-BlueDocs/)

#### Features

##### Best rated features

- Reporting & Statistics: 5/5
- Help Desk Management: 5/5
- Policy Library: 5/5
- User Management: 5/5

[See all features](/product/528816-BlueDocs/#key-features)

#### Pricing

##### BlueDocs Plan

- Price: $6.00/month
- BlueDocs offers a simple, transparent pricing plan designed to scale with your team. Pricing starts

[See full pricing details](/product/528816-BlueDocs/#pricing-and-plans)

---

### [TrackOlap](/hr/trackolap-profile/)

- Overall rating: 5/5
- Reviews: 5
- Starting price: ₹270.00/month
- Free trial: Available
- Free demo: Not available

#### Overview

TrackOlap Employee efficiency Platform can increase productivity of employees. Highly reliable, secure and powerful platform provide real time tracking of employee location,

[Read more](/hr/trackolap-profile/)

#### Features

##### Best rated features

- Task Management: 5/5
- Billing & Invoicing: 5/5
- Mobile Access: 5/5
- Lead Management: 5/5

##### Worst rated features

- CRM: 4/5
- Employee Activity Monitoring: 4/5

[See all features](/hr/trackolap-profile/#key-features)

#### Pricing

##### Basic

- Price: ₹270.00/month

##### Field Sales Automation

- Price: ₹300.00/month

##### Sales + Leads

- Price: ₹600.00/month

[See full pricing details](/hr/trackolap-profile/#pricing-and-plans)

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Organizations create policies to govern operational and business aspects, such as ensuring data protection, monitoring the use of company assets, and meeting compliance requirements. But if the policies are managed manually, it's difficult to ensure employee access, proper documentation, and, more importantly, usage of the most up-to-date version.

Policy management software addresses these pain points. It helps users create, review, approve, and store policies according to the established workflow. Policy management tools also allow you to distribute or share policies with the relevant employees.

While policy management software may seem like an additional cost, it helps you ensure regulatory compliance and respond more quickly to client escalations or security breaches, thereby indirectly adding value to your bottom line.

-   [What is policy management software?](#Whatispolicymanagementsoftware)
    
-   [Common features of policy management software](#Commonfeaturesofpolicymanagementsoftware)
    
-   [What type of buyer are you?](#Whattypeofbuyerareyou)
    
-   [Benefits of policy management software](#Benefitsofpolicymanagementsoftware)
    
-   [Key considerations when buying policy management software](#Keyconsiderationswhenbuyingpolicymanagementsoftware)
    

## What is policy management software?

Policy management software is a tool that helps users organize and manage all their policy and procedure documents centrally.

This type of software facilitates collaboration between legal and other teams on creating, editing, and maintaining policy and procedure documents. It also allows employees to digitally attest that they have read and understood the policies.

Policy management tools also offer security features such as access controls and administrator privileges to restrict unauthorized users from editing, reviewing, or approving policies.

## Common features of policy management software

In this section, we discuss key features to look out for when shopping for a policy management solution.

| Feature | Description |
| --- | --- |
| Policy authoring | Enables users to create, edit, review, and approve policies directly on the tool using automated workflows. |
| Search | Enables users to quickly find the policy document they need by typing in file names or parts of metadata in the search bar. |
| Notifications | Alerts administrators through email, pop-up messages, or text reminders when policies are due for review or when someone has reviewed or modified a policy. |
| Attestation | Allows users to digitally confirm (such as with e-signatures) that they have read and understood a policy. |
| Access controls | Allows administrators to limit user access to specific policies, set documents as read-only, and restrict sharing or printing of policy documents. |
| Audit trail | Tracks changes made to a document, capturing details of who made an update, and stores different versions of the document with timestamps. |
| Metadata management | Buckets policies into various broad categories, such as HR policies or ethics policies, using metadata tags to make the search easier. |
| Bookmarks | Allows users to mark specific policies for quick and easy referencing. |

---

## What type of buyer are you?

While the utility of policy management across industries and business sizes is subjective, there are some businesses that will find policy management software indispensable. We discuss them here.

**Businesses in heavily regulated industries:** Certain sectors, such as healthcare, telecommunications, and financial services, are more heavily regulated than others. Policy management software can help organizations in such sectors define and organize their policies to meet industry mandates.

**Large businesses:** The larger the scale and scope of operations, the more detailed are the policies and procedures. In such cases, the centrality of document storage and distribution can be vital to streamline operations and avoid noncompliance.

## Benefits of policy management software

Here are some of the most notable benefits of policy management system:

-   **Minimizes risk across your organization and enhances compliance:** You can minimize security risks and react to breaches more quickly if your employees know the policies they need to follow in different scenarios. Policy management software provides a central repository for storing all policy documents and ensures that relevant users can access them quickly when needed.
    
-   **Improves accountability:** Audit trails and version histories allow you to track who updated, reviewed, or approved a policy. Additionally, digital attestation allows you to ensure that your employees have read and understood the policies, making them accountable for any noncompliance.
    
-   **Automates policy management workflow and saves time:** Policy management systems automatically send notifications to various stakeholders and helps to eliminate duplicate efforts in policy creation, review, and editing. They also eliminate the requirement of printing physical copies of the policies for approval or distribution.
    

## Key considerations when buying policy management software

Along with deciding the features you need in a policy management software solution, it's also important to consider the below parameters.

-   **Integrations with office productivity tools:** Policy management software that integrates with software such as SharePoint, Office365, or Dropbox helps users seamlessly create, review, and approve policies from within those office productivity tools. Integrating with communication tools such as Microsoft Outlook or Slack can aid in the sharing of the policy documents. It should also integrate with your HR tools; governance, risk management, and compliance (GRC) system; and more.
    
-   **Cloud-based vs. on-premise:** You must decide whether you're more comfortable storing your policy documents in third-party cloud apps or on-premise servers. Cloud-based policy management software allows employees to access the policy documents from anywhere using the internet, is easily scalable, and receives regular updates and upgrades from the vendor. On the other hand, on-premise solutions may suit you better if your organization is not inclined to storing sensitive policy documents on a third-party cloud.
    

_Note: The applications selected in this article are examples to show a feature in context and are not intended as endorsements or recommendations. They have been obtained from sources believed to be reliable at the time of publication._

### Related Policy Management Software

-   [Accreditation Management Software](https://www.softwareadvice.com/accreditation-management/)
-   [Company Secretarial Software](https://www.softwareadvice.com/company-secretarial/)
-   [Compliance Software](https://www.softwareadvice.com/compliance/)
-   [ERM Software](https://www.softwareadvice.com/risk-management/erm-comparison/)
-   [GDPR Compliance Software](https://www.softwareadvice.com/risk-management/gdpr-comparison/)
-   [Governance, Risk and Compliance (GRC) Software](https://www.softwareadvice.com/risk-management/grc-comparison/)
-   [HIPAA Compliance Software](https://www.softwareadvice.com/hipaa-compliance/)
-   [PCI Compliance Software](https://www.softwareadvice.com/pci-compliance/)
-   [Risk Management Software](https://www.softwareadvice.com/risk-management/)