Implementing an automated compliance management solution is a mammoth undertaking with high stakes and potentially high returns for those who navigate the process successfully.

Get it right and you could save thousands of labor hours, avoid millions of dollars in compliance issues, and free up precious resources to accelerate product development. Get it wrong and you could be left holding the bag with unused shelfware that gets you no closer to your goals.

As you gather your requirements and evaluate solutions, it’s important to look at compliance management tools with a critical eye.

Is the software flexible enough to meet your organization’s needs? Does it come with built-in best practices designed specifically for your industry?

Here, we explore these and other questions and look at the biggest factors customers must consider—and red flags to watch out for.

Configurability

Given that each organization’s process is unique, configurability is at the top of the list in any evaluation of compliance management tools. As your processes evolve and you fine-tune them over time, your compliance management solution must be able to keep up.

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