Vice President at a computer software company with 201-500 employees
Real User
Top 20
Oct 4, 2024
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.
Internal Audit Leader at a manufacturing company with 5,001-10,000 employees
Real User
Mar 16, 2023
We mainly use the SOXHUB module. AuditBoard has several solutions for governance, internal audit, and other categories, but we primarily use SOXHUB for our SOX program. As a public company listed in the US stock market, we need to comply with the SOX Act and run several internal control tests throughout the year. AuditBoard manages everything for us, from testing to work papers, documentation, risk and control matrix, PPC requests, and action plans for control issues. I can do everything in AuditBoard, including requesting documentation, using it as a repository to keep everything retained in the platform, and even working on Excel files within the platform. It's a great tool that notifies control owners, and I can upload everything on this platform. It's great software, and I've been using it since I started working for my current company three years ago. AuditBoard is the future for each company.
Business Specialist of Finance at a financial services firm with 5,001-10,000 employees
Real User
Feb 15, 2023
My team primarily uses AuditBoard for SOX compliance. Our main function is to test and document our various systems of risk and controls. In addition, our internal audit team has also started using the platform. However, I am not familiar with the specifics of their usage of the solution. We also list our general IT controls within AuditBoard. I am trying to recall if there are any other platforms we use within AuditBoard since our primary focus is on SOX compliance.
Internal Audit Intern at CCC Intelligent Solutions
Real User
Feb 14, 2023
We're documenting and uploading using AuditBoard. I transfer the documents from Microsoft Excel and upload them to the reports. I also do some auditing on the documents. There is a process where we have to request information from other people in the network, so we also use AuditBoard as a way to send document requests.
Our internal audit department uses the SOXHub and OpsAudit modules. We are a Fortune 500 company with approximately 15 internal auditors. Additionally, we have co-sourced with external consultants for some of our SOX testing and on large integration projects when we have acquired other companies. We have given AuditBoard access to external consultants when we have these types of co-source arrangements. We use SOXHub to maintain all controls in our SOX environment, and OpsAudit is utilized for every operational audit that we perform.
We have limited access, where we can do the risk assessment, check the evidence, and, if there are any deviations, we can put that remark in a comment. The reviewer will check that from their end. In AuditBoard, companies have their own controls. According to ISO 27,001, in the risk assessment part, for example, for HR security, they have onboarding and offboarding. You can figure out how many employees joining and leaving within a month. Once the month is complete, HR uploads the data on AuditBoard, and we will rectify that. We will see how many employees leave the organization during that month. We will cross-verify that active directory user list, where we can compile all the active users and disabled users. If any deviation arises during that risk assessment, we remark in AuditBoard. This remark will automatically notify that respective team member via email. They will update the deviation accordingly. This is the flow of AuditBoard.
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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.
We mainly use the SOXHUB module. AuditBoard has several solutions for governance, internal audit, and other categories, but we primarily use SOXHUB for our SOX program. As a public company listed in the US stock market, we need to comply with the SOX Act and run several internal control tests throughout the year. AuditBoard manages everything for us, from testing to work papers, documentation, risk and control matrix, PPC requests, and action plans for control issues. I can do everything in AuditBoard, including requesting documentation, using it as a repository to keep everything retained in the platform, and even working on Excel files within the platform. It's a great tool that notifies control owners, and I can upload everything on this platform. It's great software, and I've been using it since I started working for my current company three years ago. AuditBoard is the future for each company.
My team primarily uses AuditBoard for SOX compliance. Our main function is to test and document our various systems of risk and controls. In addition, our internal audit team has also started using the platform. However, I am not familiar with the specifics of their usage of the solution. We also list our general IT controls within AuditBoard. I am trying to recall if there are any other platforms we use within AuditBoard since our primary focus is on SOX compliance.
We're documenting and uploading using AuditBoard. I transfer the documents from Microsoft Excel and upload them to the reports. I also do some auditing on the documents. There is a process where we have to request information from other people in the network, so we also use AuditBoard as a way to send document requests.
Our internal audit department uses the SOXHub and OpsAudit modules. We are a Fortune 500 company with approximately 15 internal auditors. Additionally, we have co-sourced with external consultants for some of our SOX testing and on large integration projects when we have acquired other companies. We have given AuditBoard access to external consultants when we have these types of co-source arrangements. We use SOXHub to maintain all controls in our SOX environment, and OpsAudit is utilized for every operational audit that we perform.
We have limited access, where we can do the risk assessment, check the evidence, and, if there are any deviations, we can put that remark in a comment. The reviewer will check that from their end. In AuditBoard, companies have their own controls. According to ISO 27,001, in the risk assessment part, for example, for HR security, they have onboarding and offboarding. You can figure out how many employees joining and leaving within a month. Once the month is complete, HR uploads the data on AuditBoard, and we will rectify that. We will see how many employees leave the organization during that month. We will cross-verify that active directory user list, where we can compile all the active users and disabled users. If any deviation arises during that risk assessment, we remark in AuditBoard. This remark will automatically notify that respective team member via email. They will update the deviation accordingly. This is the flow of AuditBoard.