Policy management is the creation, record-maintenance, tracking, and expiration etc. of an organization’s documents using a policy and procedure management System/Software (DMS). DMS allows storage and sharing of documents on the cloud and has functionalities that enable entitled administrators to manage viewing/editing rights of documents as well as maintain detailed records e.g. the name of the author/creator of each document and people who revised the document alongside when it was revised. Policy management software is an affordable, powerful, and easy-to-use policy and procedure management system that will help your business save money and increase productivity. policy management Software is available as a standalone web-based application or as part of a vertically integrated solution which includes regulations and requirements, policies and procedures, risks and controls, audit and inspections, and on-line training and qualifications.

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