SOX Corporate Financial Compliance Software

Sarbanes Oxley OSHA HIPAA Regulatory Compliance Management Solutions

Best Free SOX OSHA HIPAA Compliance Software - Chen Nanyang
Best Free SOX OSHA HIPAA Compliance Software - Chen Nanyang
SOX OSHA HIPAA compliance management software help companies comply with rules and reduce risks and costs. There is free SOX compliance software available download.

Compliance management can help a organization identifies the rules such as laws, regulations, contracts and policies, assess the risks and potential costs of compliance violations, and put the limited resources on correct actions and projects.

SOX OSHA HIPAA Security Compliance Management Software

There are two ways to exercise compliance management:

  • An organization can just simply list rules and punish the people who violate the rules. This can be used for compliance management when the rules are easy to understand and everyone can follow the rules.
  • But in the situation when the rules are complex, an organization may need to set up a series of policies and procedures that comply with the rules, and ensure that people follow and policies and procedures.

Compliance management software can automate the complex process such as SOX compliance, OSHA compliance, and HIPAA compliance management.

For example, according to the Sarbanes-Oxley Act (SOX), a company should comply with SOX regulations that govern the management of sensitive financial data.

A company can choose to list SOX regulations and ask every employee to understand and follow the regulations. But the SOX regulations are so complex that it will consume too much resources to educate each employee and prevent non-compliance while the risk of violation is still too high. Under this circumstance, it is better to choose a compliance software solution than just use a simple spreadsheet.

SOX Corporate Financial Compliance Audit Software and Free License Edition Download

There are a lot of kinds of SOX compliance software available for download in Internet. They include:

  • SAP ERP Financials is a corporate compliance audit software program that provides functionalities to ensure continuous compliance with regulatory requirements while helping to reduce IT and audit costs. The functions of SAP ERP Financials include automated rule building and maintenance, simulation and proactive compliance, risk mitigation and remediation, test procedures based on the risk management framework, real-time drill-down analysis and reporting.
  • Some companies also provide free license for SOX corporate compliance software. For example, Easy2comply.com provides free SOX compliance software that allows efficient internal control management based on Sarbanes Oxley requirements and practices in order to improve business effectiveness while achieving regulatory compliance.

Best HIPAA and OSHA Security Compliance Management Software

OSHA (Occupational Safety & Health Administration) and HIPAA (Health Insurance Portability and Accountability Act) are other two complex regulations that usually need compliance software.

The best OSHA safety compliance management software applications include Compliware and OSHALOG 300. Top HIPAA compliance audit solutions include HIPAA Implementation Program and many other specific solutions offered by HIPAA services providers.

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Jason Chen, Picture by Author

Chen Nanyang - Chen Nanyang's journalist career began in 2002 when he started writing for China's Nanfang City News, Singapore's United Morning Post and ...

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