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AuditBoard vs Methodware Kairos comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Feb 4, 2025

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

AuditBoard
Ranking in GRC
6th
Average Rating
8.6
Reviews Sentiment
7.3
Number of Reviews
12
Ranking in other categories
IT Vendor Risk Management (7th)
Methodware Kairos
Ranking in GRC
37th
Average Rating
9.0
Reviews Sentiment
8.7
Number of Reviews
2
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of February 2026, in the GRC category, the mindshare of AuditBoard is 3.7%, down from 7.4% compared to the previous year. The mindshare of Methodware Kairos is 1.2%, up from 0.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC Market Share Distribution
ProductMarket Share (%)
AuditBoard3.7%
Methodware Kairos1.2%
Other95.1%
GRC
 

Featured Reviews

reviewer2562750 - PeerSpot reviewer
Vice President at a computer software company with 201-500 employees
Streamlined workflow and enhanced simplicity with an easy setup
I used AuditBoard primarily for risk assessment questionnaires in a very premature risk environment. I also have experience with IBM OpenPages, mostly for operational risk to track issues, to look at risks and controls The collaboration within my team had not yet significantly changed since…
SM
Managing Partner at Tata Consultancy
Meeting industry standards now and for the future, straightforward setup, with reliability
The most valuable feature is the user-friendly mechanism that makes it possible to easily integrate its data with external, contextually important data, so that wholistic data analytics can be performed from a GRC perspective. At TCS, we have created add-ons to allow this software to be able to import and export data using industry standards like OMG’s XMI (XML Metadata Interchange).

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The most significant feature of AuditBoard is its community tools. It provides an internal communication platform that enables users to communicate within the system rather than relying on external tools such as Outlook or Microsoft products. By communicating within the system, all interactions are centralized and accessible, promoting a streamlined workflow."
"The most valuable feature is that everybody can use the same tool. You can give a person permission to use AuditBoard and define their access to the Audit Table. For example, we can allow external auditors or clients to review our completed tests. The clients are attached to specific tests that happen regularly, like inventory counts and asset counts. Debt compliance is only done once annually."
"The most valuable feature is the well-documented instruction."
"AuditBoard is very user-friendly compared to other audit management software I have used in the past."
"I find the most significant elements of this solution are the out-of-the-box reporting, the ease of workflow, workflow management, and the ease of managing our audit process."
"AuditBoard has several solutions for governance, internal audit, and other categories."
"Considering the solution's return on investment, it has been extremely helpful since we were doing a lot of documentation. Previously, in our company, we were using an Excel sheet which made things quite messy."
"For AuditBoard, the simple workflow made it very easy to code with the group."
"The most valuable feature is the ability to import and export using industry standards like XMI and XML metadata interchange managing the data in and data out."
 

Cons

"The layout for the end user could be improved."
"AuditBoard has the potential for improvement in a few key areas. Firstly, I have experienced instances where the platform has experienced technical issues and ceased to function effectively. Additionally, the editing tools provided within the platform can be slow and laggy, particularly when trying to access and edit important documents. This can be a hindrance to my workflow and efficiency. To address these issues, they should begin by improving the speed and reliability of the platform, as well as enhancing the search engine to make it easier to find specific controls and documents within the platform."
"It is not easy to analyze the results of a survey as a whole."
"They should improve the solution's test sheets feature for ease of use."
"The initial setup is somewhat difficult because it has multiple pieces that need to be stitched together. You have to integrate it with the business unit you want to test if you want to go down from the corporate level to the operational level."
"Everything is there, and I have no disadvantage to note as of now."
"AuditBoard is overly simple in some instances and there needs to be flexibility to make it more robust."
"A handful of things in the solution need to be improved. One of them is better communication of updates to the system or tool itself."
"We are currently working on making Essence one hundred percent compliant and we are not there yet."
 

Pricing and Cost Advice

"Pricing is variable, like with any technology, and is determined by how hard you wish to negotiate. You can get to a price you're willing to pay if you're willing to negotiate aggressively."
"I highly recommend this tool as the price is reasonable. However, consistent pricing is important, and having a loyalty program that rewards long-term customers with lower prices would be a great addition."
Information not available
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Top Industries

By visitors reading reviews
Financial Services Firm
14%
Real Estate/Law Firm
8%
Manufacturing Company
8%
Healthcare Company
7%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise4
Large Enterprise6
No data available
 

Questions from the Community

What needs improvement with AuditBoard?
AuditBoard is overly simple in some instances and there needs to be flexibility to make it more robust. For IBM OpenPages, the reporting can be more robust as the summary report on each of the modu...
What is your primary use case for AuditBoard?
I used AuditBoard primarily for risk assessment questionnaires in a very premature risk environment. I also have experience with IBM OpenPages, mostly for operational risk to track issues, to look ...
What advice do you have for others considering AuditBoard?
AuditBoard is recommended for smaller companies, particularly for its risk assessment module, which is simple and easy to use. I'd rate the solution eight out of ten.
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Comparisons

 

Also Known As

No data available
Kairos
 

Overview

 

Sample Customers

Information Not Available
Global Insurance Syndicate
Find out what your peers are saying about AuditBoard vs. Methodware Kairos and other solutions. Updated: February 2026.
881,707 professionals have used our research since 2012.