Companies need to keep track of the legal consent agreements they made with their customers and users as it’s legal by law to have this system in place as part of their operations with consent management platform software, companies can use the software to help manage the consent agreements being made with their customers. Here are some of the best consent management software available right now!
15+ Consent Management Platform Software
2. Quantcast Choice
5. Secure Privacy
12. Piwik PRO
16. WSO2 Identity Server
What Is Consent Management Platform Software?
Consent management platform software, or CMP software for short, is a legal compliance software where companies collect and manage signed or agreed-on consent agreements. This consent management software collects legal documents signed by their users and customers, which such consent agreements include tracking and collecting consumer data.
Consent management platform software allows companies to keep track of their consent agreements through its compliance management software tools, which is useful in cases where legal actions may take place against the company. The software also informs users and customers of how their data is going to be managed, which is always shown to them first before they consent to use the service. The consent management platform comparison software also allows customers to choose exactly what kind of data that companies can collect.
The software also ensures that companies comply with the privacy regulation laws in place, which violation of these laws leads to harsh punishment, hence the need to implement this software as part of the business operations. The software should be able to comply with the global privacy regulations in place, though the country’s regulations in the software headquarters’ location should take priority.
Consent management platform software should be able to generate legal notices to users and customers before they can use the product or service, which they must consent to before using such service. The software should be able to detail these agreements as much as possible to avoid miscommunication over data privacy. The software should be able to give users a choice of consenting to the said agreements, as well as refusing and retroactively revoking the consent agreement depending on the operating country’s laws on data privacy.
The software should also include tools to help companies organize their signed or consented agreements. Likewise, the software should be able to provide tools that allow them to transmit customer data through the software’s automated tools.
- Generate legal notices
- Provide consent options to users and customers
- Tools to manage consent notices and legal documents
- Automatically transmit consent data to third-party services and companies
Top 10 Consent Management Platform Software
1. Quantcast Choice
Quantcast Choice simplifies the complexity of legal compliance with their consent and compliance software that strongly emphasizes privacy. Quantcast has 878 employees and earns annual revenue of $127.3 million.
OneTrust consent management software allows companies to securely and manage their consent agreements with added security and data governance software tools. OneTrust CMP has 1,527 employees and earns annual revenue of $221.4 million.
Securiti uses artificial intelligence that allows companies to effective data security and customer privacy across many platforms effectively and securely. SECURITI.ai has 246 employees and earns annual revenue of $35.7 million.
Iubenda processes the legal compliance work automatically so businesses can focus on other pressing matters. Iubenda has 56 employees and earns annual revenue of $8.1 million.
Usercentrics’ allows marketers to use the compliance software that helps them “harmonize” their marketing campaigns that ethically and legally uses customer data. Usercentrics has 52 employees and earns annual revenue of $7.5 million.
Ketch’s data control software combines the best of data privacy and digital governance that emphasizes data security. Ketch has 40 employees and earns a revenue of around $7 million.
Ethyca provides a simple data privacy management software that allows them to manage their customers’ privacy securely with its automated tools. Ethyca has around 25 employees and earns a revenue of around $5 million.
Osano prevents companies from going into legal trouble with their privacy management software that helps them avoid non-compliance and protects data for everyone. Osano has 34 employees and earns annual revenue of $4.9 million.
9. Secure Privacy
Secure Privacy automates consent management processes that comply with international data privacy laws. Secure Privacy has 6 employees and earns annual revenue of $900,000.
CookieYes’s consent management platform software allows companies to consent to international data privacy laws easily.
What other software does this consent management platform software connect well with?
Consent management platform software integrates and connects well with CRM software, marketing automation software, and data analytics software as all of them concern with customer data with added emphasis on providing customer privacy in tackling customer data.
How much does the consent management platform software cost?
Pricing for consent management platform software is usually customized, with the price of the software increasing as it adds more options and users. Pricing for consent management software varies depending on the features available and the intended target company. Small companies may benefit more from a low-cost consent management platform software, while large companies may benefit more from a high-cost software.
Companies don’t need to worry about running into legal trouble thanks to consent management platform software that helps them keep track of their consent agreements.
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