What is SOC 2 and do I need it?

SOC 2 is a compliance certification that proves your company handles customer data securely. It is required by most enterprise companies before they will sign a contract with you. If you are a SaaS company or B2B technology provider, SOC 2 is typically your most important compliance milestone.

What is the difference between SOC 2 and ISO 27001?

SOC 2 is a US-specific audit standard primarily used for B2B software companies selling to American enterprises. ISO 27001 is a global standard recognized worldwide and is preferred for companies with European or international customers. Both cover similar security controls but have different audit processes and market recognition.

Do I need HIPAA compliance?

Yes, if your product or service handles Protected Health Information (PHI) including patient records, health data, or medical billing. This includes healthcare providers, health insurance companies, medical apps, and any software vendor that processes health data on behalf of healthcare organizations.

Does my company need GDPR compliance?

GDPR applies to any organization that collects or processes personal data of people in the European Union regardless of where your company is based. If you have EU website visitors, EU customers, or EU employees, you need GDPR compliance.

How long does SOC 2 certification take?

SOC 2 Type I (point-in-time assessment) typically takes 2-4 months to prepare and audit. SOC 2 Type II (continuous monitoring over 6-12 months) takes 8-14 months total. Using this tool helps you identify and close gaps before engaging an auditor, reducing your preparation time significantly.

Is this tool better than Comp AI (trycomp.ai)?

Formly Compliance AI offers 12 frameworks vs Comp AI's 6, requires no signup or integrations, includes a risk register and vendor risk assessment, generates 16 policy templates, and is completely free. Comp AI costs $199-$997/month and requires company system integrations before providing any assessment.

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Compliance AI

NewFree to Use

Assess compliance readiness across 12 frameworks. Generate 16 professional policy templates. Free, no signup.

New to compliance? Start here.

Compliance means following specific rules and standards about data security and privacy. Select a framework below, answer the checklist questions, and get an instant gap analysis with a step-by-step remediation roadmap. Each question has a plain-English explanation.

Select a Framework to Assess

Frequently Asked Questions

What is compliance and why does my company need it?›

Compliance means following specific rules, laws, or standards that govern how your business operates — especially around data security and privacy. You need it because: (1) Laws like GDPR and HIPAA require it and carry fines for violations, (2) Enterprise customers require it as a condition of doing business, and (3) It protects your company and customers from data breaches.

Which compliance framework should I start with?›

It depends on your situation. If you're a SaaS company with US enterprise customers → start with SOC 2. If you have EU customers → add GDPR. If you handle health data → HIPAA is legally required. If you're just starting out → Internal Compliance + CIS Controls is the right foundation. Use our 'Which framework do I need?' tool above for a personalized recommendation.

Is this better than Comp AI (trycomp.ai)?›

Formly Compliance AI is free with no signup, covers 12 frameworks (vs Comp AI's 6), includes a risk register and vendor risk assessment for premium users, generates 16 policy templates, and gives you results instantly without any integrations. Comp AI starts at $199/month and requires you to integrate your systems before providing an assessment.

Are the policy documents legally binding?›

The generated policy documents are professional, legally-structured templates aligned with the selected framework requirements. They should be reviewed by legal counsel before being adopted as official company policies, especially for HIPAA, GDPR, and other legally-regulated frameworks. They provide an excellent starting point that significantly reduces legal fees.

How accurate is the compliance assessment?›

The assessment is based on well-established compliance controls for each framework and uses AI to analyze your specific situation. For critical compliance programs (SOC 2 Type II, FedRAMP, HIPAA), the assessment should be used as a starting point and complemented by a qualified compliance auditor.

Do you store any of my company information?›

No. Your company name, industry, and assessment answers are sent to our AI only for the duration of the request and are not stored or retained. We do not collect your company information for any other purpose.

What Is Compliance AI?

Compliance AI is a free enterprise-grade compliance platform that covers 12 major regulatory frameworks: SOC 2 Type I/II, ISO 27001:2022, HIPAA, GDPR, PCI DSS v4.0, CCPA/CPRA, NIST Cybersecurity Framework v2.0, SOX IT General Controls, FedRAMP Moderate, CIS Controls v8, OWASP Top 10, and Internal Company Compliance. Upload your company profile — industry, size, region, data types — and answer 25 evidence-based control questions to receive an AI-powered gap analysis with a compliance score (0-100), critical and medium gaps with remediation steps, a 3-phase roadmap, estimated certification timeline, and budget guidance. The Policy Builder tab generates 24 professional compliance policy templates including Information Security Policy, Incident Response Policy, GDPR Data Processing Agreements, Business Continuity Plans, Acceptable Use Policies, and more — fully customized for your company. Advanced tiers unlock multi-framework simultaneous assessment, AI risk register with heat map, cross-framework control mapping, vendor risk assessment, and downloadable audit-ready reports.

Why Formly's Compliance AI Is the Best Free Option

✓12 frameworks in one tool — SOC 2, ISO 27001, HIPAA, GDPR, PCI DSS, CCPA, NIST CSF, SOX, FedRAMP, CIS, OWASP, Internal.
✓Instant gap analysis — no integration setup, no agent installation, no waiting weeks for onboarding.
✓24 professionally written policy templates customized for your company's industry and frameworks.
✓More detailed than Comp AI (trycomp.ai) — includes risk register, vendor risk, and cross-framework mapping.
✓Free tier covers Quick Scan for all 12 frameworks + 3 policy documents — no credit card, no signup.
✓AI-generated remediation roadmap with timeline and budget estimates — not just a checklist.

Free Alternative to Comp AI (trycomp.ai), Vanta, Drata, Secureframe

→Comp AI (trycomp.ai): Comp AI requires signup, integration setup, and system agent installation. Formly works instantly with no accounts or integrations needed.

→Vanta: Vanta costs $7,500-$20,000/year. Formly's compliance AI is free to start and $9.99/month for full access.

→Drata: Drata requires enterprise contracts and onboarding. Formly delivers gap analysis and policy documents in under 2 minutes.

→Secureframe: Secureframe charges $800-$2,000/month. Formly covers the same frameworks at a fraction of the cost.

Who Uses Compliance AI?

SaaS startups preparing for SOC 2

Run a SOC 2 gap analysis in minutes, identify the critical gaps, generate the required policies, and build a certification roadmap without hiring a consultant.

Healthcare technology companies

Assess HIPAA administrative, physical, and technical safeguard compliance, generate BAA templates, and create incident response policies for healthcare data.

European companies and GDPR officers

Run a GDPR gap analysis, generate GDPR-compliant privacy policies, data retention policies, and Data Processing Agreements (DPAs) for all vendors.

CISOs and security managers

Get an instant multi-framework compliance score, generate the ISO 27001 or NIST CSF gap analysis, and build board-ready compliance reports.

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Looking for a detailed guide? Read our in-depth tutorial on using Compliance AI for professional results.

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Daily limits: 5/day without account · Free account = 10/day · Pro = 200/day · Unlimited = no cap