Compliance mechanization apparatuses guarantee the safeguarding of information and adherence to the pertinent rules. For instance, particular patient data necessitates safeguarding by HIPAA regulations.
Moreover, it encompasses the gathering, supervision, and scrutiny of data throughout the business lifecycle. It will notify you upon detecting a potential compliance breach during analysis. It will aid in monitoring the compliance procedures within a unified platform.
What Constitutes Compliance Automation tools ?
A compliance automation tool is a software application that aids organizations in automating their compliance processes. This may encompass self-assessment, planning and overseeing controls, testing, and reporting. Compliance automation tools can assist organizations in mitigating non-compliance risks, enhancing efficiency, and attaining improved visibility into compliance.
What is the Price of Compliance Management Software?
The pricing of compliance management software fluctuates based on the software’s attributes and functionalities, the magnitude of the organization, and the quantity of users. In general, compliance management software can range from a few hundred to several thousand dollars annually.
How Do Compliance Software Solutions Operate?
Data Compilation: The tool aggregates data from various sources, including regulations, policies, procedures, and systems.
Data Evaluation: The tool scrutinizes the data to pinpoint compliance risks and gaps.
Report Generation: The tool formulates reports that spotlight compliance risks and gaps.
Recommendation Provision: The tool furnishes recommendations for rectifying compliance risks and gaps.
Task Automation: The tool automates tasks such as self-assessment, planning and overseeing controls, testing, and reporting.
The Merits of Compliance Automation Tools are:
Compliance automation tools diminish the likelihood of organizations incurring substantial fines for falling out of compliance.
It mitigates compliance risks and consumes less time compared to manual processes.
The tools amalgamate all compliance information into a singular platform and can oversee multiple applications simultaneously.
In this discourse, we’ll delve into the diverse compliance automation tools that will aid your organization in maintaining compliance.
Top 10 Compliance Automation Tools
Sprinto
Sprinto is a compliance automation tool that aids companies in automating information security compliances and privacy regulations, including SOC 2, ISO 27001, HIPAA, GDPR, and PCI DSS. It assists in attaining information security compliance, finalizing enterprise agreements, and clearing vendor security assessments.
It secures employees’ onboarding and offboarding. By integrating Sprinto with your business systems, it identifies new accounts to initiate onboarding workflows. It generates downstream tasks concerning background checks, security training, policy acknowledgments, access control, etc., and monitors their completion.
It automatically aligns your work with audit requisites and gathers evidence. It assists you during the audit process and shields you from substantial fines.
Customer Rating
G2: 4.9/5
Vanta
Vanta automates compliance and simplifies security. It aids your organization in scaling its security practices and fulfilling compliance requisites. It encompasses compliance standards such as SOC 2, HIPAA, ISO 27001, PCI DSS, etc.
It integrates with cloud services, identity providers, task trackers, and more to automatically gather evidence for your security alerts. It ensures that you engage with the correct vendor and comply with the standards.
Drata
Drata is a security and compliance automation platform that monitors and accrues evidence of vendors’ security controls. It streamlines compliance workflows to ensure audit preparedness.
It offers integrations with your SaaS vendors and presents compliance status within a unified platform. It provides a comprehensive insight into your vendors’ compliance status and control over their security program.
Drata’s automated system automatically monitors vendors’ compliance status and collects evidence. It aids in attaining visibility into your vendors’ security stance and compliance control.
Drata supports frameworks including SOC 2, ISO 27001, HIPAA, GDPR, PCI DSS, CCPA, ISO 27701, Microsoft SSPA, NIST CSF, and NIST 800-171.
Scrut
Scrut is a compliance automation platform that monitors and gathers evidence of an organization’s security controls. It streamlines compliance to ensure a seamless audit process.
It consolidates ISO 27001, SOC 2, GDPR, PCI DSS, CCPA, and HIPAA compliance into a singular platform. It furnishes real-time monitoring and updates to ensure operational controls.
Scrut automatically aligns evidence with applicable clauses across multiple standards while eliminating redundant tasks. It can generate customized reports for your review and track your vendors’ reports at any time.
It monitors infrastructure, applications, and data across hybrid and multi-cloud environments. It manages all infosec compliance standards and internal SOPs through a single-window dashboard.
Tugboat Logic
Tugboat Logic’s infosec policy generator platform streamlines security and compliance by automatically generating policies necessary for your InfoSec requisites. It selects fitting policies and controls essential for securing and complying with your business.
It offers prebuilt security policies based on industry standards such as SOC2, ISO 27001, HIPAA, etc. It also includes built-in automation to inspect security controls and dispatch security alerts upon detecting any compliance violations.
Hyperproof
Hyperproof is a security assurance and compliance operations platform that empowers organizations to comply with regulatory demands. It optimizes compliance management and security to systematize, standardize, and automate operations.
With Hyperproof, you can commence with any compliance framework, curtail manual work related to control mapping, control testing, and evidence collection/management, and prepare for audits in real time.
The compliance framework encompasses SOC2, ISO 27001, NIST 800-53, NIST CSF, NIST privacy, PCI, SOX, and more. Additionally, it enables you to upload custom frameworks and manage them within the platform.
Secureframe
Secureframe aids companies by automating compliance frameworks including SOC 2, ISO 27001, PCI DSS, CCPA, GDPR, and HIPAA. It integrates with your tech stack and scrutinizes and monitors your cloud, vendor, and HR ecosystems.
Secureframe facilitates secure business scaling. It streamlines the entire compliance process and adaptively fits your business controls and workflows. It ensures your readiness for audits.
As compliance is an ongoing process, Secureframe assists in maintaining compliance throughout your business with automated reports and alerts.
Laika
Laika is a compliance platform designed to aid organizations of any size in obtaining infosec certifications/audits such as SOC2 or ISO 27001 and staying compliant with regulations like HIPAA and GDPR.
It collaborates with your audits, amalgamates them into a centralized knowledge base, and offers visibility. Laika provides onboarding to evaluate current policies and practices and manage compliance tasks.
Very Good Security
Very Good Security, also known as VGS Control, leverages your business to alleviate compliance and regulatory burdens, allowing you to focus on growing and running your business seamlessly. It expedites compliances such as SOC 2 and PCI.
It serves as a translation layer between tech stacks and compliance controls, facilitating smooth vendor onboarding without concerns about compliance standards.
VGS Control provides visibility into your entire tech stack with directives for remediation and compliance attainment.
AuditBoard
AuditBoard is a cloud-based audit, risk, and compliance management platform. It scales your compliance program with a connected risk platform that consolidates SOC 2, ISO 2700x, NIST, CMMC, PCI DSS, and more across your organization.
It centralizes all your compliance frameworks in a single platform and aids in their management. It automates manual tasks, prevents duplicative assessments, and streamlines reporting through automation.
AuditBoard consolidates evidence requests across controls and framework requirements. It identifies compliance gaps between your organization and industry standards and ensures ongoing compliance with evolving requirements.
These top 10 compliance automation tools in 2024 offer comprehensive solutions to assist organizations in navigating the complexities of compliance, safeguarding data, and mitigating risks efficiently.