Risk Cognizance Policy Management is a platform designed to manage organizational policies throughout their lifecycle. The system provides a centralized repository for storing and accessing policies across an organization. The platform automates policy lifecycle processes including creation, approval, distribution, and archiving. It includes scheduling capabilities for regular policy reviews and updates. The system supports compliance alignment with regulations such as GDPR, HIPAA, and ISO 27001, with alerts for regulatory changes. Policy distribution features enable organizations to send policies to stakeholders and track employee acknowledgment. The platform maintains records of policy acknowledgment for audit purposes. Reporting and audit capabilities include generating reports on policy status, compliance metrics, and employee acknowledgment. Audit trails track policy changes and modifications over time. The system incorporates AI-driven analytics to identify compliance gaps. The platform includes a library of customizable policy templates aligned with industry practices. Organizations can tailor templates to meet specific requirements. Risk assessment integration connects policy management with organizational risk processes to address identified risks.