# Policy Management ## Overview Policy management is needed for comprehensive compliance management. Policies and their associated procedures form the foundation of a good compliance management practice. A policy is a set of rules for an organization to follow to achieve a certain goal such as compliance. Correspondingly, procedures are the step-by-step instructions for how, when and where these policies that have been outlined will be achieved.

Policy Management involves organizing, controlling, and maintaining documents such as policies, procedures, and contracts. It ensures that an organization adheres to laws, regulations, industry standards It is very important for a company to avoid any confusion and to make sure that these policies and procedures are documented in one place. ComplianceBot provides a comprehensive set of features to help with this documentation to publish, track approve, version and archive these policy and procedure documents. Review the video below for details about the Policy Management feature. {% embed url="" %}