Predict360 by 360factors vs. AuditBoard

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Predict360 by 360factors
Score 8.0 out of 10
N/A
Predict360, the flagship software solution by 360factors, is a Risk and Compliance Intelligence Platform augmented with Artificial Intelligence technology to predict and mitigate operational risks while streamlining regulatory compliance. Predict360 integrates regulations and obligations, compliance management, risks and controls, KRIs, audits and assessments, policies and procedures, and training in a single cloud-based SaaS platform based on artificial intelligence to provide predictive…N/A
AuditBoard
Score 8.3 out of 10
N/A
AuditBoard is a cloud-based audit management software solution from the company of the same name in Cerritos.N/A
Pricing
Predict360 by 360factorsAuditBoard
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Predict360 by 360factorsAuditBoard
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Predict360 by 360factorsAuditBoard
Top Pros

No answers on this topic

Top Cons

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Features
Predict360 by 360factorsAuditBoard
Governance, Risk & Compliance
Comparison of Governance, Risk & Compliance features of Product A and Product B
Predict360 by 360factors
8.2
1 Ratings
9% above category average
AuditBoard
-
Ratings
Common repository of GRC items8.01 Ratings00 Ratings
Risk management8.01 Ratings00 Ratings
Integration with Corporate Performance Management (CPM) systems10.01 Ratings00 Ratings
GRC policy management8.01 Ratings00 Ratings
Incident management7.01 Ratings00 Ratings
Best Alternatives
Predict360 by 360factorsAuditBoard
Small Businesses
Rencore Code (SPCAF)
Rencore Code (SPCAF)
Score 8.8 out of 10

No answers on this topic

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Forcepoint DLP
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Score 8.2 out of 10
Rapid7 InsightVM
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Score 8.3 out of 10
Enterprises
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Score 8.2 out of 10
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User Ratings
Predict360 by 360factorsAuditBoard
Likelihood to Recommend
8.0
(1 ratings)
8.0
(10 ratings)
User Testimonials
Predict360 by 360factorsAuditBoard
Likelihood to Recommend
360factors Inc.
Predict 360 is a powerful tool for businesses that want to make better decisions using predictive analytics. It offers a range of features that can help businesses identify patterns and trends in data, uncover opportunities, and automate decision-making processes. However, businesses should consider their needs and budget when deciding if this platform is right for them.
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AuditBoard
Auditboard is especially useful for SOX control testing. It is very convenient having all our information on a single platform. It is easy to communicate PBC requests to clients, store control testing working papers for review, communicate deficiencies and build dashboards to provide visual statistics. Situations where it might not be useful are for organizations that are smaller in size where the templates don't fit well with their internal audit/controls program. There is a significant amount of testing required before using the platform, and adapting working papers to fit in well with AuditBoard
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Pros
360factors Inc.
No answers on this topic
AuditBoard
  • AuditBoard allows real-time collaboration between control and business owners and auditors.
  • AuditBoard has a lot of fantastic training sessions and office hours to help users make the most of the product.
  • AuditBoard has great customer service personnel to answer questions and troubleshoot any issues.
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Cons
360factors Inc.
No answers on this topic
AuditBoard
  • We used to perform our Risk Control Analysis (RCA) for each audit's planning in an Excel spreadsheet. Once we purchased the Risk Oversight module, AuditBoard helped us convert the RCA to a system function rather than a spreadsheet. At first, we lost some of the functionality the spreadsheet provided, but AuditBoard did continue to help us build and work towards a solution more similar to what we previously had. Though happy with it, it's still not perfect. As one example, I'd like to be able to link actual Ops Audit work steps that cover the risk and controls being outlined in the RCA, rather than just adding a comment to state which steps cover them. More of a preference, I suppose.
  • I also had demoed their beta Resources and Scheduling module, but it didn't have enough functionality at the time to work for how we put the quarterly Internal Audit schedule together (using Excel). One thing I recall was that you couldn't pull in SOX controls or non-chargeable work (such as education or administration) to auditor's schedules; it was meant to schedule the Ops Audits only. It is possible they have already fixed or improved this; I just haven't seen the updated version.
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Alternatives Considered
360factors Inc.
No answers on this topic
AuditBoard
I remember there were a lot of sync issues when I used the internally developed software, but that's probably because a few people were working on the same project at the same time. I have not come across this issue in AuditBoard
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Return on Investment
360factors Inc.
No answers on this topic
AuditBoard
  • Hard to quantify. It was cheaper than the tool we had and we were able to get rid of standalone tool for surveys. overall, just better user experience for all.
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