AuditBoard provides an intuitive platform for audit management, featuring advanced tools that enhance workflow efficiency and support SOX compliance and documentation management.
| Product | Mindshare (%) |
|---|---|
| AuditBoard | 3.2% |
| RSA Archer | 5.9% |
| MetricStream | 3.2% |
| Other | 87.7% |
| Title | Rating | Mindshare | Recommending | |
|---|---|---|---|---|
| Snyk | 4.1 | 1.8% | 100% | 51 interviewsAdd to research |
| RSA Archer | 4.0 | 5.9% | 92% | 42 interviewsAdd to research |
| Company Size | Count |
|---|---|
| Small Business | 1 |
| Midsize Enterprise | 2 |
| Large Enterprise | 6 |
| Company Size | Count |
|---|---|
| Small Business | 72 |
| Midsize Enterprise | 59 |
| Large Enterprise | 261 |
AuditBoard offers a comprehensive suite for managing audits, documentation, and compliance processes. Users benefit from cloud storage, customizable workflows, and an integrated communication platform that simplifies collaboration between reviewers and auditors. Real-time workpaper editing, efficient PBC requests, and a centralized audit trail enhance operational effectiveness. The platform is commonly utilized for SOX compliance, internal audits, and risk assessments, allowing users to transfer documents from Microsoft Excel and manage audit steps efficiently. Though it offers significant features, users suggest improvements in reporting capabilities, document comments, and communication features akin to Excel, alongside addressing technical issues like search lag and performance of editing tools. AuditBoard also aims to enhance document storage and incorporate video capabilities for improved user interaction.
What are some key features of AuditBoard?AuditBoard is widely deployed in industries requiring robust compliance and audit procedures. It supports SOX compliance and works as a reliable repository for documentation and auditing, meeting ISO standards. Organizations utilize it for risk assessments, governance, and collaboration with external consultants through modules like SOXHub and OpsAudit.
| Author info | Rating | Review Summary |
|---|---|---|
| Vice President at a computer software company with 201-500 employees | 4.0 | I used AuditBoard for risk assessments in an early-stage risk environment, appreciating its simple workflow and ease of use. However, it lacks flexibility. Previously, I used IBM OpenPages, ServiceNow, and Archer, noting OpenPages' ease but flat reporting. |
| Internal Audit Leader at a manufacturing company with 5,001-10,000 employees | 4.0 | I primarily use AuditBoard's SOXHUB module for our SOX program, appreciating its comprehensive cloud-based management of documentation, testing, and action plans. While it's user-friendly for auditors, the layout could be improved for control owners. |
| Senior Director Internal Control at a manufacturing company with 10,001+ employees | 4.5 | I find AuditBoard intuitive and user-friendly, with standout features like integrated communication tools and strong ROI. However, it lacks video capabilities and module integration. Transitioning from Excel to AuditBoard streamlined our processes, significantly reducing costs and improving efficiency. |
| Business Specialist of Finance at a financial services firm with 5,001-10,000 employees | 4.0 | We primarily use AuditBoard for SOX compliance, benefiting from its user-friendly reporting tool. Although communication about updates and module inclusivity could improve, it has centralized documentation effectively, replacing messy spreadsheets, and offering exceptional return on investment without exploring other solutions. |
| MS Financial Risk Management at University of Connecticut Health Center | 4.5 | I used AuditBoard for internal audits, benefiting from its seamless work paper editing, which saves significant time. However, technical issues and laggy editing tools hamper efficiency. A centralized document storage system would enhance productivity and workflow. |
| Senior Auditor at NRG Energy | 5.0 | Our internal audit department at a Fortune 500 company uses AuditBoard's SOXHub and OpsAudit modules, finding valuable features like PBC requests and workpaper review. While the survey function needs improvement, AuditBoard integrates well with existing tools. |
| IT GRC Manager at Capgemini | 4.5 | I find AuditBoard highly user-friendly and effective for risk assessment, evidence management, and tracking deviations, with no noted disadvantages. It's stable, scalable, and I recommend it for its straightforward functionality. |
| Internal Auditor | 5.0 | I use AuditBoard for SOX auditing to store narratives and control descriptions online, accessible to clients and auditors. Its collaborative features make it more advanced than previous solutions, being specifically designed by auditors and accountants. |
