A Review of Ostendio’s MyVCM Compliance Management Software Solution
MyVCM, also known as My Virtual Compliance Manager, is a compliance management solution developed by Ostendio. It is a software solution designed to help streamline the way organizations manage cyber and data security, compliance and risk.
Ostendio’s MyVCM, and many of its features and capabilities, are aimed at the healthcare industry, specifically medical device companies, digital health businesses and healthcare providers. It serves as a workflow solution to help manage risk and establish compliance to regulations and standards put forth by regulating bodies such as the HIPPA and FDA.
How MyVCM works
The MyVCM software solution is a cloud-based cyber security and information management platform designed to streamline certain organizational processes like cyber and data security management, compliance and risk management/assessment.
The software solution is purported to deliver a highly functional platform that is easy to use and cost-effective. It is designed to be the most practical and efficient way for organizations to establish information security compliance to a multitude of industry standards and regulations.
Ostendio’s MyVCM cyber and data security software solution core features:
A user-friendly platform
Manage your company’s data security, privacy, regulation compliance and quality management from one single location, using any device.
Tackle compliance challenges with relative ease
Create a comprehensive roadmap with document management and learning management tools and modules to develop your security and privacy framework.
Compliance to multiple standards and regulations
Track your company’s compliance to a wide range of standards and regulations, including HIPAA/HITECH, FDA, FedRAMP, HITRUST, PCI, FISMA, COBIT, GDPR and NIST.
Quick and easy access to comprehensive reports and dashboards
Get better insights through comprehensive dashboards and reporting and easily share findings with key individuals and stakeholders like decision makers, team members, employees, clients and regulators.
Demonstrate and share your compliance program
The software solution, with the MyVCM Trust Network in particular, enables you to share the results of your organization’s compliance program with partners and customers in order to show the operational responsibility and professionalism of your company.
The benefits of Ostendio’s MyVCM software solution
Ostendio’s MyVCM is packed with a wide range of features and capabilities specially designed to address the cyber and data security management and compliance management needs of medium-sized businesses and large enterprises.
Since MyVCM is a cloud-based SaaS, it doesn’t require users to install additional software programs or buy new hardware to implement the solution. It’s relatively quick and easy to deploy and implement, which saves companies time and money.
With this software solution, you can build, manage and maintain a powerful cyber and data security and compliance program that meets industry standards. You have the ability to assess and identify potential risks through the platform’s risk management capabilities.
Moreover, with MyVCM’s far-reaching compliance functions, you can effectively demonstrate compliance in real-time to interested parties such as customers, partners, decision makers, employees and other relevant stakeholders.
You can monitor and efficiently manage asset inventories, keep track of asset dependencies and upload disaster recovery plans while being able to meticulously and effortlessly prepare for both internal and external audits. And the best part: The solution also allows you to effectively reduce the cost and the effort your company invests in vendor management.
With MyVCM’s full template library, your company’s leaders and decision makers can properly develop workable policies and procedures for everyone in your organization to adhere to.
In addition to the MyVCM software solution, Ostendio also provides customers with supporting professional services, which allows you to speed up the process of strengthening your company’s cyber and information security, build up your risk management strategies and streamline your regulatory compliance program.
The MyVCM Information Security Framework is Ostendio’s proprietary framework built on leading industry standards and best practices. It is a 5-stage process designed to assist businesses and organizations through the key challenges of developing and implementing a powerful and comprehensive information security and risk management strategy that works perfectly for each individual company.
Apart from being a cyber and data security software platform, MyVCM is also designed to serve as a fully functional cloud-based quality management system. It is capable of providing users the assistance they need to comply with FDA and other regulatory and standard authorities.
With this software solution, you can efficiently manage data and cyber security in line with recent FDA guidelines and other industry standards. With all the capabilities and core features that come with Ostendio’s MyVCM software solution, you can be certain your security and compliance needs are met with utmost care and professionalism.
How much does Ostendio’s MyVCM solution cost?
Ostendio offers three pricing plans for the MyVCM software solution—MyVCM Select, Premium and Enterprise. The latter is a scalable solution package and is custom priced to fit the requirements of larger businesses and organizations.
MyVCM Enterprise provides customized API access to allow for easy integration with the company’s existing enterprise architecture. You may contact the vendor directly for the Enterprise package pricing.
MyVCM Select: $19.95 per user per month (annual billing)
$34.95 per user per month (monthly billing)
- Minimum of 10 users
- Best suited for smaller businesses and organizations
- Visit official website for details on features and services
MyVCM Premium: $39.95 per user per month (annual billing)
$69.95 per user per month (monthly billing)
- Minimum of 25 users
- Their most popular pricing plan
- Best suited for mid-sized to slightly larger businesses and organizations
- Visit the official website for more info on features and services
Additionally, Ostendio also offers discounts for non-profit organizations. If you are a qualifying non-profit group, you may get the MyVCM solution at a substantial discount. Contact the vendor directly for more information on this matter.
Ostendio’s MyVCM compliance management solution is a robust and comprehensive cyber and data security software platform that offers a wide range of security and compliance features designed to meet the needs of its target customers.
It is a cloud-based solution that is easy to use, provides actionable reports, allows for effective vendor risk management and enables companies and organizations to save time and money through automation. If you’re a company that needs an effective and powerful way to manage data security, compliance and risk assessment, this is a solution worth checking out.