5 Best Regulatory Reporting Software 2025

Being in business means adhering to regulations and standards, especially when it comes to a company’s finances. Regulatory reporting software is recommended as it automates data collection, validation, and even submission processes, thereby increasing productivity, accuracy, and freeing your team’s time to work on high-level tasks. 

Interested in learning more about regulatory reporting software providers? Then, you’re in the right place because we are going to share the top 5 best regulatory reporting software. 

Coming Up

What is Regulatory Reporting Software?

Regulatory reporting software is technology that streamlines compliance workflows and automates regulatory reporting generation and submission for a company. 

The digital tool aids with legal, operational, and financial compliance by providing functions like:

• Data collection: Connects to existing systems to collect and validate necessary data 
• Report generation: Creates reports according to the required format to be submitted to regulatory bodies and agencies 
• Data analysis: Performs analysis on existing data to provide insights 
• Report submission: Reports can automatically be submitted to the required bodies, lowering risk of missing crucial deadlines 

What is the Best Regulatory Reporting Software?

When it comes to regulatory reporting tools, there are some key features and usability functions that you won’t want to miss out on. But, finding the right tool means performing adequate research and likely answering a lot of questions. 

To kickstart your search, here’s our top regulatory reporting software options worth your while to consider:

1. SolveXia

What it is: SolveXia is financial automation software that removes spreadsheet-driven data dependency and automates manual processes. Along with its long list of solutions, SolveXia’s regulatory reporting software handles the preparation and submission of regulatory reports, ensuring your peace of mind. 

Why use it: If you’re looking to meet compliance deadlines, ensure visibility, maintain internal control, and increase submission accuracy, SolveXia can help you accomplish all of these advantages.

Features:

• Unified data platform: Combine and enrich data from all systems, including legacy systems. 
• Big data engine: Process millions of rows of data in seconds with total accuracy and scalability. 
• Flexibility: The software scales and grows with your business’ needs. 
• Drag-and-drop functionality: Anyone can build their own processes with its drag-and-drop, easy-to-use interface that requires no coding. No matter how tech savvy your team members may be, the visual interface is intuitive for all. 
• Executive dashboards: Customize dashboards to share insights and information with relevant stakeholders. Based on stakeholder needs, you can get a bird’s eye view and at-a-glance understanding of what is most important. 
• Data connectors: SolveXia seamlessly connects with your existing systems to share databases and files as needed. Don’t worry about losing or risking any of your current data. 
• Actionable insights: Workflow processes and approval processes all lead to collaboration between team members, granting actionable insights through data analysis. 
• Audit Trails: Reduce compliance risk with access to audit trails that store all actions taken, version history, and protect data with enterprise-grade security. Leverage audit trails for both internal and external requirements. 

Pros: 

• Expedite Reporting: SolveXia’s ready-to-go building blocks and templates make it quick and easy to collect, prepare, validate, and submit your reporting on time. 
• Add Visibility: With access controls and established roles, users remove the risk of lost data and are always able to ensure the process is flowing smoothly. 
• Achieve Process Resilience: Make standardization possible with SolveXia’s scalable solution that removes key person dependencies and bottlenecks. 
• Improve Decision-Making: With access to real-time data and insights, stakeholders and business leaders have data-backed information to make decisions that are best for the business. 
• Enable Standardization: Reduce compliance risk by standardizing your processes, no matter where your team may work. With SolveXia, every workflow will run in the same order and with the same access to data, so you can rest assured in knowing that you can maintain internal control and oversight. 

Want to learn more about how SolveXia can aid your business? Book a demo today! 

2. ComplianceQuest

What it is: ComplianceQuest is a cloud solution platform designed for compliance reporting.

Why use it: If you’re seeking an AI-powered Quality Management System (QMS), Environmental, Health, and Safety (EHS), and Product Lifecycle Management (PLM) solution. ‍

Features:

• Risk management reviews 
• Training management 
• Document automation 
• Version control 
• Task management
  

Pros: 

• Strong customer support
• Out-of-the-box solution with customization capabilities
• Data visualization capabilities
  

Cons:

• Initial learning curve
• Can’t leave comments within documents 
• Must change user roles to share certain information

3. OneTrust

What it is: OneTrust is regulatory and compliance reporting software that classifies data, provides embedded intelligence, and offers risk management solutions. 

Why use it: If you’re looking to add visibility into your business, access insights, and achieve risk management, OneTrust can be of service. ‍

Features:

• Data discovery, classification, and mapping 
• AI governance
• Third-Party management 
• Privacy automation 

Pros:

• Access data from anywhere, including on-premises, cloud, and edge sources for classification 
• Strong user management 
• Ease-of-use
  

Cons:

• May take time to upload documents
• Difficulties integrating with existing systems
• Relatively costly 

4. Workiva

What it is: Workiva is a platform designed for ESG, audit, financial reporting and risk management. 

Why use it: If you want a solution that can connect data and unify processes across financial reporting, GRC, and ESG. 

Features:

• Digital reviews and data history 
• Single document version with unlimited users
• Internal audit management 
• Workflow templates
  

Pros:

• Cost effective solution 
• Easy-to-use interface
• Integrated financial reporting 
• Real-time tracking
  

Cons:

• Limited Excel formulas
• Can be tricky to import SEC documents
• Mass updates may need to be done manually
  

5. RegEd

What it is: RegEd is a compliance management software for small and medium-sized businesses and startups looking to scale.

Why use it: If you are looking for a tool to automate your compliance reviews and report on branch inspections.

Features:

• Regulatory change management
• Employee and enterprise compliance dashboards 
• Personal securities account management 

Pros: 

• Integrated workflows to initiate and track annual compliance questionnaires 
• Can track and manage the submission and approvals of gifts, gratuities, and contributions 
• Advertising review for compliance to assist marketing teams 

Cons:

• Lacks 24/7 live rep support 
• No mobile access
  

What are the Benefits of Regulatory Reporting Software?

Like automation software in general, regulatory reporting software exists to streamline processes, improve accuracy, reduce key person dependencies, and ensure compliance. 

There are many advantages to be had by implementing this type of software in your business, such as:

1. Time Savings

Regulatory reporting software connects data systems, so you no longer have to spend countless hours chasing down pertinent data to generate and submit reports. This ends up saving your team a lot of time and energy. 

2. Risk Reduction

By removing manual dependencies, you immediately reduce the chance of errors. At the same time, you can maintain compliance by ensuring all your internal data sources are protected and connected. 

3. Scalability

Financial reporting software scales with your business and grows with your needs. 

4. Centralization

Sync systems and data in one cohesive, accessible, and secure location, enabling proper version control and consistency.

What are the Features of Regulatory Reporting Software?

As you can see, each regulatory reporting software has its own fair share of features, upsides, and downsides. Choosing the best solution will depend on your needs, industry, and budget. 

With that being said, there are features to look out for on your search. Here’s a list of what features you are likely to come across (and also will probably want your chosen tool to possess):

• Audit trails
• Templates 
• Data integration 
• Data validation 
• Security 
• Real-time monitoring 
• Customization 
• Scalability 
• Mobile accessibility 
• Reporting 
• Data analysis 
• Risk scoring 
• Customizable dashboards
• Configurable operations
• Continuation reporting 
• Data enrichment

Closing Thoughts

Regulatory reporting software proves to be a game changer for any business, but especially when it comes to finance teams that must meet deadlines, operate with total accuracy, and reduce risks wherever possible. 

With automation software like SolveXia, you can remove the stress from regulatory reporting by submitting regulatory returns 10x faster, meet deadlines with ease, and respond to regulatory changes with agility. 

Want to see how SolveXia can help your business? We invite you to book a demo.