Struggling to track regulatory changes?
Keeping up with new rules manually is a huge risk. It’s far too easy to miss critical updates that expose your organization to penalties.
The biggest headache is the constant threat of non-compliance fines. This immense pressure makes it tough to justify your budget and prove ROI to leadership.
This reactive approach keeps your teams buried in administrative work. They spend more time checking for updates than focusing on strategic risk management.
But what if you could automate the entire process? The right tool turns reactive chaos into proactive control, cutting costs and compliance risks.
In this guide, I’ll review the best regulatory change management software. These tools are designed to help you streamline workflows and keep your company protected.
You will discover platforms that automate change detection, simplify approvals, and generate audit-ready reports without all the tedious manual effort.
Let’s dive in.
Quick Summary:
| # | Software | Target Users |
|---|---|---|
| 1 | Mitratech → | Legal, risk, and HR teams needing automated compliance |
| 2 | Corporater → | Businesses seeking agile, integrated GRC process automation |
| 3 | 360factors → | Organizations needing AI-powered regulatory change management |
| 4 | AuditBoard → | Risk managers aiming for proactive compliance and risk insights |
| 5 | Vanta → | Companies automating compliance evidence collection |
1. Mitratech
Are compliance challenges overwhelming your operations and budget?
Mitratech leverages interconnected data insights, AI, and dynamic integrations to empower your legal, risk, and HR professionals. This ensures greater accuracy and compliance across your entire organization.
The platform excels at automating processes and reducing manual efforts, streamlining approvals, and delivering audit-ready reports, saving you significant time. It’s time to find a smarter way forward.
Mitratech solves these problems by providing a unified, cloud-native SaaS platform designed for automation, analytics, and AI, spanning legal, risk, and HR functions. You can harness workflow and document automation, alongside advanced analytics and AI-powered digital assistants like Ask ARIES™.
This comprehensive approach offers solutions for integrated risk management, including enterprise risk, third-party vendor risk, and policy management, ensuring holistic defense from threats. You gain centralized access to solutions, dashboards, and powerful analytics through Mitratech HQ and PlatoBI, offering a clear view of your compliance posture. You will discover improved collaboration and efficiency across your departments.
Automate processes and elevate your results.
Key features:
- Workflow and Document Automation: Streamline legal, risk, and HR tasks, drastically cutting process times and freeing up your team for strategic initiatives.
- Integrated Risk Management: Manage enterprise, third-party, and policy risks with AI-powered platforms, ensuring robust defense against critical threats.
- Advanced Analytics and AI: Gain deep insights and enhanced decision-making capabilities through centralized dashboards, advanced analytics, and AI digital assistants.
Verdict: Mitratech stands out as a strong contender for best regulatory change management software by unifying legal, risk, and HR compliance with powerful automation and AI. Its integrated platform delivers real ROI, such as one customer seeing a 90% reduction in process time from three weeks to two days.
2. Corporater
Struggling with compliance in a shifting regulatory environment?
Corporater offers an integrated GRC platform to streamline your compliance journey. You can confidently navigate complex organizational and regulatory demands.
Its flexible configuration and rapid implementation mean you get a solution that fits your specific needs, enabling you to automate GRC processes and workflows quickly. This delivers value and addresses your compliance pain points efficiently.
Find an agile solution to your GRC challenges.
Corporater provides an enterprise-grade platform for holistic GRC management, integrated with performance and strategy. This empowers you to govern, manage, and assure your GRC program across your organization’s three lines of defense. The platform is designed to be agile and integrated, making it possible to automate various GRC and business processes.
It delivers an integrated view of GPRC (Governance, Performance, Risk, and Compliance) to the entire enterprise. This allows for strategic alignment and efficient operations as a connected enterprise, ensuring compliance solutions that adapt as your needs evolve.
This helps reduce manual efforts significantly.
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Key features:
- Integrated GPRC Platform: Manages governance, performance, risk, and compliance holistically, allowing seamless integration across all solutions.
- Flexible Configuration and Rapid Implementation: Offers tailored solutions that fit specific business requirements and can be quickly deployed to accelerate time-to-value.
- Process Automation and Workflow Management: Automates GRC processes and workflows, enhancing efficiency and enabling strategic alignment across your organization.
Verdict: Corporater stands out with its integrated GPRC platform, empowering organizations to automate processes and achieve strategic alignment efficiently. Its flexible configuration and rapid implementation make it a suitable choice as the best regulatory change management software for businesses seeking to streamline compliance and cut costs.
4. 360factors
Struggling with overwhelming regulatory changes and compliance?
360factors’ Predict360 offers AI-powered regulatory change management, simplifying complex compliance tasks.
This platform helps you identify and manage regulatory action items efficiently, ensuring your organization stays adaptive and responsive to shifting compliance demands.
It is time to streamline your compliance efforts.
Predict360 enhances your regulatory change management by providing tracking and activity management features. It uses artificial intelligence to streamline regulatory examination and findings workflows, ensuring accountability and efficiency.
The software also supports compliance monitoring and testing, automating reporting to free up your team. You can also leverage 360factors for issues and incidents management, as well as complaints and investigations, all powered by AI to elevate accountability and streamline processes.
It integrates risk and compliance, offers predictive analytics, and is flexible and modular, making it easy to use for your team.
Key features:
- AI-powered recommendations for regulatory changes identify and manage action items with a personalized GPT companion, simplifying complex compliance.
- Streamlined compliance management with next-generation software includes regulatory change tracking, activity management, and automated reporting.
- Integrated risk and compliance with predictive analytics offers a flexible, modular, and easy-to-use cloud-native solution for navigating risks.
Verdict: 360factors’ Predict360 is an excellent choice as the best regulatory change management software because it integrates AI-powered solutions, including a personalized GPT companion, to automate change tracking and streamline compliance workflows. This helps organizations adapt effectively to evolving regulations, cutting manual efforts and enhancing accountability.
5. AuditBoard
Struggling with compliance in a shifting regulatory landscape?
AuditBoard’s connected risk platform gives you the tools and insights needed to redefine risk for your organization.
You can focus on strategic decisions because their AI automates everyday tasks, freeing you to make valuable contributions to your business’s success.
It’s time to become risk-resilient.
AuditBoard helps you become risk-resilient by uniting your teams in one platform. You can eliminate the chaos of disconnected systems by connecting all risks, controls, and issues.
You will supercharge your analytics, simplify workflows, and provide visibility to stakeholders with a single source of truth for analytics. Customers using AuditBoard have seen significant gains, including 1,400+ hours saved annually and a 64% reduction in redundant controls. This platform empowers you to drive compliance efficiently and gain deeper insight into organizational and operational risk.
This platform helps you break down risk.
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Key features:
- Work Smarter with AI: Automates everyday tasks, allowing you to focus on strategic decisions and contribute greater value.
- Unite Your Teams: Connects all risks, controls, and issues in one platform, eliminating the chaos of disconnected systems.
- Supercharge Analytics: Provides a single source of truth for analytics, simplifying workflows and enhancing stakeholder visibility.
Verdict: AuditBoard’s integrated platform helps you achieve compliance efficiency and gain deep insights into risk. It saves time and reduces redundant controls, making it the best regulatory change management software for organizations seeking proactive compliance management.
7. Vanta
Feeling overwhelmed by regulatory changes?
Vanta offers automated compliance and continuous GRC, streamlining complex workflows.
This means you can automate evidence collection for over 35 leading compliance frameworks, reducing manual effort significantly.
Ready to simplify compliance?
Vanta’s AI-powered trust management platform automates evidence collection and continuous monitoring. You can use its AI Agent to handle tedious tasks and identify program gaps. This helps you unify security program management, ensuring a comprehensive approach to compliance.
Vanta also transforms vendor security reviews from manual tasks into automated, continuous monitoring processes. It manages your trust, risk, and compliance programs all in one place, offering real-time alerts and integrated risk management. You will streamline customer security questionnaires with automation and their Trust Center.
Vanta saves you hundreds of hours.
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Key features:
- Automated Compliance: Automates evidence collection for 35+ compliance frameworks, including SOC 2, ISO 27001, GDPR, and HIPAA.
- Continuous GRC: Provides continuous controls monitoring, real-time alerts, and integrated risk management to help you stay ahead.
- AI-Powered Automation: Leverages Vanta AI to handle tedious tasks, auto-fill security questionnaires, and streamline vendor security reviews.
Verdict: Vanta’s automated, AI-powered platform makes it an excellent choice for best regulatory change management software, helping you centralize risk, simplify audits, and boost compliance team productivity by 129%, delivering a 526% ROI over three years.
8. LexisNexis
Struggling with compliance in a shifting regulatory environment?
LexisNexis offers risk solutions, including data analytics, to support your compliance needs. You can analyze vast amounts of data to keep up with regulatory shifts.
This focus on data analytics helps you navigate complex regulatory landscapes with greater clarity and efficiency. It helps solve the problem of overwhelming complexity.
Discover clearer compliance paths.
LexisNexis directly solves your problem by providing risk solutions that support compliance. This means you can manage ever-changing regulations with greater ease, ensuring your operations remain compliant.
Their data analytics capabilities are designed to streamline workflow optimization, which can reduce manual effort and integrate with your existing systems. You can focus on proactive compliance, not just reactive fixes.
This platform helps you with customer acquisition, fraud detection, and robust identity solutions, all critical components that support your overall compliance posture and protect your organization from potential non-compliance penalties. You’ll gain clearer insights to make informed risk decisions.
Achieve proactive compliance and secure operations.
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Key features:
- Data Analytics Support: Provides powerful data analytics to bolster your compliance efforts, helping you make informed risk decisions for your business.
- Risk Decisioning and Workflow Optimization: Helps streamline your processes and improve decision-making related to risk management and compliance.
- Comprehensive Solutions for Enterprises: Offers specialized solutions for corporations and government agencies seeking compliance and workflow optimization.
Verdict: LexisNexis stands out as an excellent choice among the best regulatory change management software solutions, especially for enterprises needing robust data analytics for compliance and fraud detection. Their capabilities directly address the need for streamlined, proactive compliance management, reducing manual effort and integration concerns.
9. Thomson Reuters
Navigating complex regulatory shifts challenges your compliance efforts.
Thomson Reuters offers solutions for legal, tax, trade, and risk management that streamline your compliance. Its professional-grade generative AI, CoCounsel, helps you move faster and accomplish more with authoritative content. This helps address decision paralysis from conflicting vendor claims.
Are you looking for solutions to enhance efficiency?
Thomson Reuters empowers professionals with premier solutions to reduce inefficiencies. You can leverage features like Search & Summarize Practical Law, which uses generative AI to provide answers grounded in expertly maintained content. This capability accelerates how you find critical information, freeing your team to focus on high-value work rather than manual research. For multinational corporations, ONESOURCE Indirect Tax helps automate sales and use tax, GST, and VAT compliance, consolidating spreadsheets into a customizable solution that enhances your competitive edge.
This focus on AI and authoritative content makes managing complex compliance easier.
Key features:
- Professional-grade generative AI: CoCounsel streamlines legal research and document drafting, accelerating workflows by providing summarized answers from authoritative content.
- Comprehensive compliance automation: ONESOURCE Indirect Tax automates sales, use tax, GST, and VAT compliance, consolidating data and improving accuracy for multinational corporations.
- Risk and fraud management tools: CLEAR and Fraud Detect offer intuitive data search, pattern identification, and actionable analytics to prevent, detect, and investigate fraudulent behavior.
Verdict: Thomson Reuters delivers a robust platform that specifically addresses the needs of compliance officers and risk managers seeking the best regulatory change management software. Its AI-driven tools, such as CoCounsel, are built on authoritative content, promising increased efficiency, productivity, and significant cost savings by minimizing manual efforts and enhancing compliance accuracy.
10. OneTrust
Struggling with compliance in a shifting regulatory environment?
OneTrust’s platform helps you streamline consent, automate privacy, and manage third-party risks. This makes it easier to navigate complex data regulations and policies.
You can proactively safeguard your data from privacy concerns, IT vulnerabilities, and third-party sharing, ensuring robust protection across all your areas.
This solution helps you move deeper into responsible data use.
OneTrust offers a unified platform for end-to-end data management. It helps you collect data with purposeful consent, ensuring compliance with your first-party data strategy.
This allows you to maximize the value of your data and AI by enforcing policies that align with regulatory standards. You can also embed compliance and control across your AI lifecycle and enable real-time policy enforcement for AI-ready data, helping you to build and demonstrate trust.
This approach simplifies compliance and improves operational efficiency.
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Key features:
- Consent and Preferences: Streamline consent and preference management for consumer transparency, ensuring your data collection aligns with compliance needs.
- Third-Party Management: Automate third-party management, from intake and risk assessment to ongoing monitoring and detailed reporting.
- AI Governance: Embed compliance and control directly across your AI lifecycle, promoting responsible data use and mitigating emerging risks effectively.
Verdict: OneTrust offers a comprehensive platform helping you scale resources and optimize your risk and compliance lifecycle. With 14,000+ active customers, including 75 of the Fortune 100, it’s a strong contender for the best regulatory change management software.
11. Wolters Kluwer
Struggling to keep up with regulatory shifts?
Wolters Kluwer helps financial institutions unify finance, risk, and regulatory reporting with OneSumX. This integrated suite improves compliance and decision-making for regulated enterprises.
Their solutions empower organizations to ensure adherence with ever-changing obligations and manage risk, providing the agility to satisfy borrowers and secure capital. You can gain visibility and insight to better navigate regulatory change.
Streamline your entire compliance process.
Wolters Kluwer delivers expert compliance services and software solutions for financial institutions. OneSumX for Finance, Risk, and Regulatory Reporting unifies these crucial areas.
This integrated solution is trusted by banks to improve compliance, accuracy, and decision-making, ensuring your organization meets regulatory requirements. You can automate and streamline internal audit and assurance processes with solutions like TeamMate for corporate and public sector organizations. They even offer tools for registered agent and business license solutions.
Wolters Kluwer’s comprehensive offerings enable you to optimize operations and transform how you manage critical data, helping you achieve better business outcomes and fuel productivity.
Achieve compliance certainty with Wolters Kluwer.
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Key features:
- OneSumX for Finance, Risk and Regulatory Reporting: Unifies financial, risk, and regulatory reporting to improve compliance, accuracy, and overall decision-making for financial institutions.
- Integrated Compliance Solutions: Provides tools and expertise for lending and compliance operations, fueling productivity, automation, and loan compliance certainty.
- Audit and Assurance Solutions: Offers expert solutions like TeamMate to automate and streamline internal audit and assurance processes for corporate and public sector organizations.
Verdict: Wolters Kluwer stands out as a strong contender for the best regulatory change management software, especially for financial institutions. Their OneSumX solution unifies finance, risk, and regulatory reporting, which is critical for maintaining accuracy and making informed decisions in a highly regulated environment. This integrated approach can significantly reduce compliance burden.
12. SimpleLegal
Is your legal operations feeling complicated and overwhelming?
SimpleLegal offers powerful features like e-Billing, matter, and vendor management to streamline processes. These tools centralize your data, allowing you to easily track everything related to internal and external matters. This helps your legal department become a strategic asset.
Ready to simplify your regulatory compliance?
SimpleLegal transforms complex legal operations into simple, manageable tasks. You can gain visibility into legal spend, streamline invoice processes, and quantify legal work, which uncovers valuable opportunities. This means you can proactively manage compliance costs and respond quickly to regulatory shifts.
The solution provides smart reporting and AI-powered features, bridging communication gaps across departments. It also gives you access to dashboards and reports that help you quickly spot trends for strategic decision-decision-making, ensuring you operate smarter with AI-centered learning.
You can really simplify your work.
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Key features:
- e-Billing: Gain visibility into legal spend and streamline your invoice process to ensure newfound predictability and uncover valuable opportunities for cost savings.
- Matter Management: Bring clarity to your matter lifecycle, tracking everything related to internal and external matters, including impact, complexity, documents, and tasks.
- Reporting & Analytics: Keep a pulse on your legal department’s health through a robust set of reports, offering a comprehensive view of spend, operations, and vendor performance for actionable insights.
Verdict: SimpleLegal’s e-Billing, matter management, and reporting features help you address budget constraints and operational complexities, providing predictability and data-driven insights. It is a suitable solution for regulated enterprises seeking the best regulatory change management software to automate workflows and enhance compliance.
Conclusion
Staying compliant is a constant battle.
Choosing the right software is overwhelming. The constant threat of fines and endless manual work makes the decision even more critical for your organization.
The right platform can transform your operations. Some solutions promise a 90% reduction in compliance costs. Imagine slashing your compliance expenses while responding much faster to critical regulatory updates.
So, which tool should you choose?
From my extensive review, Mitratech is the top choice. It directly tackles these challenges by unifying legal, risk, and HR compliance with powerful, intelligent automation.
One customer cut process time by 90%, from weeks to days. When you implement the best regulatory change management software like Mitratech, you gain true ROI.
I recommend you book a free demo of Mitratech today to see how its unified platform helps your company stay protected and agile.
You’ll turn reactive chaos into control.
