Every business owner knows the importance of complying with relevant laws and regulations. In fact, not doing so can land you in legal trouble and even end your business completely. However, navigating all these requirements can be tricky, especially if you have multiple locations and employees to take care of – which brings us to the point of this guide: how to select the right compliance software for your business. We’ll walk you through the most important factors to consider when shopping around, as well as highlight our top picks at the end of the article so you can see which solutions worked best in real-life situations (and why).
Table of Contents
Is it Mobile Accessible?
In today’s business world, it’s more important than ever to have a compliance management system that is accessible from anywhere. With mobile accessibility, you and your employees can stay up-to-date on compliance issues no matter where you are.
Does it Offer Multiple Device Compatibility?
In order to maintain compliance, it is essential that your software can be accessed from any device at any time. This way, you can be sure that your employees are always up-to-date on the latest compliance regulations.
What Industry is it For? (three sentences): It is important to select a compliance software that is specific to your industry. This way, you can be sure that the software includes all of the necessary compliance regulations for your business.
Is There a Free Trial?
Is there an Easy-to-Use User Interface?
A compliance management software system is only as good as its user interface. If you can’t figure out how to use it, then it’s not going to be of much help. Look for a system with an easy-to-use user interface that won’t require a lot of training to get up and running.
What Integrations are Available?
When considering compliance software for your business, it’s important to consider what integrations are available. Will the software integrate with your existing accounting software? What about your CRM? Having a system that can talk to all of your other business systems will make life much easier.
Does it Offer Robust Reporting Capabilities?
A good compliance management software system should offer robust reporting capabilities. This means that it should be able to generate reports on various aspects of your business, such as employee compliance, compliance with industry regulations, and so on. Furthermore, it should be able to customize these reports to meet your specific needs.
Is it Secure?
When handling sensitive data, you need to be sure that your compliance software is secure. Look for features like encryption and user authentication to keep your data safe.
Does it Have Other Important Features Like Alerts, Logging, and Notifications?
Any good compliance software should include features like alerts, logging, and notifications. Alerts help you stay on top of changes in your industry that could impact your business. Logging tracks employee activity and can help you identify issues early on. Notifications let you know when new compliance regulations are enacted so you can stay compliant.
What Type of Support Does It Offer?
Any good compliance software should offer some type of support, whether it’s a live chat, email, or phone support. This is important because you want to be able to get help when you need it and not have to wait for someone to get back to you.