Selecting the optimal compliance policy management tool depends on the size, complexity and regulatory demands of your business, as well as your requirements and objectives, and the capabilities you’re seeking.
It’s also influenced by the maturity of your compliance programme and how much you’re willing to invest. Evaluate vendors like Skillcast and focus on your priorities, be it cost, simplicity, scalability, audit trails, integration or reporting capabilities.
Skillcast is a strong compliance policy management tool choice, because they offer a Policy Hub, dedicated support and CoreCompliance for small businesses.
Skillcast’s Policy Hub is a compliance management tool for small and large businesses that offers valuable features, including version control, employee attestation, custom approval workflows, audit trails, revision history, integration with compliance training, granular analytics and dashboard report access.
By choosing Skillcast’s Policy Hub as your policy management tool, you benefit from streamlined policy tracking and compliance, the ability to create, update and communicate policies, and dedicated support, making compliance easier, whether you’re a small or large business.
In PricewaterhouseCoopers’ (PwC’s) Global Compliance Survey 2025, 64% said compliance technology improves risk visibility and related activities, highlighting the importance of businesses leveraging the solutions available to them, including policy management tools.
Below is a how-to guide for choosing the optimal tool for small and large companies, including a comparison table evaluating Skillcast’s Policy Hub, LogicGate’s Risk Cloud, and more.
Compliance policy management tools are software platforms that help create, distribute, track, manage and enforce the company policies and procedures required to meet legal, regulatory and internal obligations.
They streamline the entire lifecycle of compliance policies, including automating tasks, centralising documentation, monitoring adherence and providing audit trails. As a result, companies can reduce risk, enhance efficiency and prove adherence to relevant rules and standards.
Most compliance policy software, including Skillcast’s, boasts the following features:
Company policies are the rules and principles that guide the business, offering a framework for decision-making, compliance and workplace standards. Procedures are detailed, step-by-step instructions for implementing policies, outlining how to handle specific situations or tasks.
Combined, work policies and procedures aim to cultivate a consistent and fair work environment.
We’ve created a how-to guide for selecting the best compliance policy management tool, factoring in the size of your business.
As part of this, map out:
Some compliance policy solution features are universal, regardless of business size. These include:
Did you know?Research from TheCityUK and PwC released in November 2025 revealed that annual regulatory compliance costs across the financial services sector in the United Kingdom exceed £33.9 billion. |
The above features will likely matter to all companies, but trade-offs and priorities change depending on the size of your business.
Small- to medium-sized enterprises (SMEs) may have limited budgets, so the cost-effectiveness of the policy management tool they choose is crucial. They may also value simplicity over complexity. Other considerations include:
Bigger companies have different things to focus on, from business complexity to the need for integrated risk management. Alongside that, they keep the following front of mind:
To ensure you make the right decision, whatever the size of your business, it’s a good idea to seek cross-functional input by involving compliance, legal, IT, risk and operations teams. Define use cases and scenarios and map out typical workflows (policy creation, distribution, audit, etc.).
Additionally, narrow potential policy management software vendors down to a shortlist (three to five), based on your criteria, and use analyst reports from firms like Gartner or Forrester to help evaluate options. From there:
There are several risks and aspects to watch out for when picking a compliance policy management tool.
Below, we’ve collated a table comparing several compliance policy software vendors: Skillcast, LogicGate, IBM and Convercent.
Policy management tool vendor |
Best for? |
Policy management features |
|
Skillcast |
Companies that are looking for a compliance-centric platform, especially with training and policy attestation. |
Policy Hub: simple upload/update, version control, tracking of policies, employee attestation (and automated re-attestation), custom approval workflows, audit trails, revision history, integration with compliance training, granular analytics and access to dashboard reports. Assign policies based on job role, department and other characteristics. Combine training, policies and manager reviews to create comprehensive compliance programmes. CoreCompliance for small businesses. Ask Aida, a conversational artificial intelligence (AI) assistant, enabling users to ask specific questions about policies. |
|
LogicGate Risk Cloud |
Businesses requiring flexible, modular governance, risk, and compliance (GRC), plus strong workflow and risk-policy linkage. |
Policy management module with automated review, versioning and acknowledgement workflows. AI-assisted policy writing (Spark) for drafting and revision. Link policies to control frameworks. |
|
IBM OpenPages |
Large enterprises that need a full, integrated GRC platform. |
Full lifecycle policy management module: (create, review, approve, attest and manage exceptions). Single policy repository. Map policies to regulatory requirements. Workflows for review and approval. |
|
Convercent Policy Manager |
Organisations with a strong ethics/compliance programme and a focus on policy attestation |
Central dashboard for policy storage. Author and edit policies online, plus collaboration. Automated review workflows. Version control and history. Policy attestation with digital signature and completion tracking. |
Historically, Bespoke Facilities Management Limited (BFML) used a spreadsheet to distribute over 300 documents to employees, creating a big administrative burden and room for error. Enter Skillcast's Policy Hub and a dedicated customer success manager, enabling BFML to save around 390 working hours a year (about one day a week) in maintaining and managing documents.
"Skillcast is very quick and simple to set up. Unlike other vendors, they enable you to set the platform up the way you want it. It's not just an out-of-the-box product, but customisable to your company's needs. They also have a great support team that’s always reachable.
- IT Support Technician, BFML
The Skillcast platform has provided us with one access point for employees, and they’ve given us peace of mind that all policies and e-learning are assigned to the right users when they start, allowing us to easily report on what training and policies are outstanding for employee and company compliance."
Choosing the best compliance policy management tool for your organisation requires a needs assessment, research and testing. Don’t just focus on features; instead, align with your organisational maturity, risk appetite and compliance culture.
Generally, small businesses prioritise ease of use and cost-effectiveness, while large ones require greater scalability, customisation and advanced integration capabilities. We can help with both: try a free demo or trial, where you’ll have access to Skillcast’s libraries and compliance platform.
For more information about the services we offer, contact our team directly.
Typically, compliance officers, risk managers, HR, legal teams, IT security and internal auditors.
Yes, because reputable vendors like Skillcast use encryption, multi-factor authentication (MFA), and role-based access controls, and they comply with standards like SOC 2 or ISO 27001.
It maps policies to regulatory standards, offers compliance reporting, provides audit trails, and ensures employees acknowledge required policies (attestation).
Our Essentials Library contains e-learning content designed to help organisations meet fundamental compliance requirements. If you’re looking for focused training, our training packages offer a complete solution for your compliance programme.
Our e-learning courses are designed to engage employees with our microlearning library, which was created to support knowledge retention.
Our Compliance Portal also features a range of tools to digitise and automate your compliance learning. These include our:
If you’d like to access leading insights and compliance tips, you can browse our free resources by topic to find guides, modules, compliance bites and more.
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