Regulatory change management software helps organizations track, manage, and respond to evolving regulatory requirements. It streamlines workflows, document handling, and analytics to ensure businesses stay compliant with the latest regulations. The software automatically identifies regulatory updates and initiates relevant processes to maintain compliance across departments. Typically, it is implemented as a component of a broader governance, risk, and compliance (GRC) strategy, with compliance officers being the primary users. However, it can also be valuable for managers and employees in highly regulated areas like finance, quality management, and manufacturing. This software can either be part of an enterprise risk management suite or function as a standalone solution. When used independently, it must integrate seamlessly with other tools, such as quality management, environmental health and safety, or GRC software, to provide comprehensive regulatory oversight.
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