For advisors, new tools – like the "two-click" profile review, one-click "accept" of suggested content changes, and reminder emails –  mean faster and more efficient communication with compliance.

Hearsay client Jordan Martell, vice president and managing counsel at Thrivent Financial, has already found the two-click review to be helpful.

"When it comes to digital engagement, speed is crucial," he said in a statement. "Compliance administrators using Hearsay's two-click reviews can make quick suggested edits to Facebook, LinkedIn and advisor website profiles, so new representatives can get up and running on these channels much faster."

The new two-click profile review allows advisors to have their profiles approved in as little as two clicks or interactions with the compliance team.

In addition, an advisor will now be able to accept in-line recommended changes to profiles and content with one click.

The new features also send emails to advisors with updates on the status of their review and action reminders.

For compliance teams, new tools – like automated and prioritized review, simplified and cost-effective sampling, and expanded content review – let them do more in less time.

For example, predictive analytics help identify which issues are likely to be of highest risk, so that supervisors can focus on those high-alert items first.

The new tools also aim to decrease the cost and effort of traditional email-based supervision by using a single platform wherein supervisors can review a percentage of content based on type (links, photos, text, etc.). This kind of sampling also helps identify which content types are more likely to need more or less supervision, so administrators can become more productive over time.

Hearsay also expanded the compliance coverage across Facebook and LinkedIn so supervisors can monitor more social content and reduce the risk of potential infractions.