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AuditBoard vs Workiva Wdesk 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
7th
Average Rating
8.6
Reviews Sentiment
7.3
Number of Reviews
12
Ranking in other categories
IT Vendor Risk Management (8th)
Workiva Wdesk
Ranking in GRC
8th
Average Rating
7.0
Reviews Sentiment
7.0
Number of Reviews
7
Ranking in other categories
Business Performance Management (11th), Financial Close Software (6th)
 

Mindshare comparison

As of January 2026, in the GRC category, the mindshare of AuditBoard is 3.8%, down from 7.5% compared to the previous year. The mindshare of Workiva Wdesk is 3.3%, down from 7.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC Market Share Distribution
ProductMarket Share (%)
AuditBoard3.8%
Workiva Wdesk3.3%
Other92.9%
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…
reviewer2510292 - PeerSpot reviewer
Corporate ESG Analyst at a university with 1,001-5,000 employees
Has cross-functional connectivity but improvement is needed in script encoding
The tool's deployment is quick. Once the program is set up, you're ready to collect data and connect it to your report. The deployment team's size depends on the size of the company and how many different data providers you're utilizing. Some companies have one person doing everything, while others have a huge team. We're on the latter end of it, with many people involved. One great thing about the platform is that everything is consolidated in one place, providing a single resource for everyone. This is a benefit. The maintenance of the solution depends on the experience of the person managing the company's program. The company might have a contractor handling the back end and software management if they're low-level and only analyzing the data. However, if you have someone experienced with software and script encoding, that person might be the analyst and managing the program. Generally, most people are just analysts and not managing the software. There's an opportunity for improvement in user management of their software, and I hope they address this gap before the year ends.

Quotes from Members

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

Pros

"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."
"The most valuable feature of AuditBoard is its ability to facilitate the editing of work papers in a seamless and efficient manner. This is achieved through a built-in tool that allows for real-time editing without the need for downloading the working paper. This feature has proven to be incredibly time-saving for me as it eliminates the step of having to download the file and make changes, instead providing an easy-to-access "edit work paper" option. Overall, this feature has greatly improved my experience with AuditBoard and has been a significant contributor to its success in my opinion."
"AuditBoard is very user-friendly compared to other audit management software I have used in the past."
"Its ability to share the data in real-time has helped us well."
"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."
"In AuditBoard, there are all the audit steps, including documentation, archiving, and tracking the progress of audits."
"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."
"It makes the compliance process more efficient and more effective."
"It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files."
"Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."
"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."
"The collaboration within the platform is valuable."
"The cross-functionality between connectivity, whether through API connections between different software platforms or the connection of data collection to the actual written ESG report, is highly valuable. The connectivity of all these aspects significantly aids in data assurance, which I consider a bonus."
"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."
 

Cons

"Some of that flexibility could be enhanced. When comparing Archer and TeamMate+, there is a little more open-ended in terms of certain of our audit processes and procedures. And there is significantly greater freedom in creating ad hoc audit processes and procedures, whereas AuditBoard is a little more limiting in this regard."
"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."
"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."
"They should improve the solution's test sheets feature for ease of use."
"After sending out a request to my network for documents, it would be great to have a receipt that shows who received the request and who did not."
"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."
"AuditBoard could benefit from the addition of video capabilities, although it is not a necessity. Small companies that cannot afford licenses for Microsoft Teams or Zoom would benefit greatly from this feature, as it would enhance the communication process."
"Everything is there, and I have no disadvantage to note as of now."
"One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel."
"The most critical issue is the need to shift between uppercase and lowercase."
"With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."
"The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandatory or voluntary reporting requirements, leading to lost linkage connections that must be manually reset each time a change is made. This aspect is not functional now, and I see it as an opportunity for improvement."
"At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities."
"Regarding the solution, reporting has certain areas that can be considered for improvement."
"The speed must be improved."
 

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."
"Our clients in Asia think that the solution is too expensive."
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Top Industries

By visitors reading reviews
Financial Services Firm
15%
Manufacturing Company
8%
Real Estate/Law Firm
8%
Healthcare Company
7%
Financial Services Firm
15%
Manufacturing Company
8%
Computer Software Company
8%
Insurance Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise4
Large Enterprise6
By reviewers
Company SizeCount
Small Business1
Midsize Enterprise1
Large Enterprise5
 

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.
What needs improvement with Workiva Wdesk?
The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandat...
What advice do you have for others considering Workiva Wdesk?
I've been working with the tool's script encoding departments and top management to address gaps in their script encoding. They are working towards closing these gaps to ensure we can continue usin...
 

Comparisons

 

Also Known As

No data available
Wdesk
 

Overview

 

Sample Customers

Information Not Available
Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple
Find out what your peers are saying about AuditBoard vs. Workiva Wdesk and other solutions. Updated: December 2025.
881,082 professionals have used our research since 2012.