What users are saying about
18 Ratings
18 Ratings
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Score 8.9 out of 100
4 Ratings
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Score 5.1 out of 100

Attribute Ratings

  • AuditBoard is rated higher in 1 area: Likelihood to Recommend

Likelihood to Recommend

9.4

AuditBoard

94%
9 Ratings
8.0

Riskonnect IRM

80%
1 Rating

Likelihood to Recommend

AuditBoard

AuditBoard is a great platform for our organization because it allows real-time collaboration between the owners and auditors, plus it is very user-friendly. A couple of the features I love are the view that can be tailored by individual users and the dashboard that allows you to easily check the status of different projects.
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Riskonnect

Riskonnect is a greater value for subscription services than their competitors, which can be much pricier. However, some of the reporting and features are still being ironed out from the recent Marsh merger. If I was a RiskMaster user, I wouldn't have any trouble making the move to Riskonnect. They're very similar in my opinion.
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Pros

AuditBoard

  • Allows line of business managers to review and report SOX control status/changes which automatically update the controls in the related narratives.
  • Shows status of work.
  • Exports system data to Excel to create many helpful reporting possibilities.
  • Organizes audit tasks and information.
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Riskonnect

  • Riskonnect has a great claims management piece that's very easy to use, especially if you're used to other solutions such as RiskMaster.
  • It's very configurable -- I can decide which fields I want to use and which I don't. If there's something I don't want to use, I can hide it. If there's a field that I want to rename, I can do that too. Very easy to complete by myself, without help from the vendor.
  • The accident reporting module is fantastic. Employees can easily input accident information by following simple prompts. It's also very easy to identify affected body parts and initial treatment options, and it uses smart logic to determine what the user has to input next. Very easy and paperless. I can even sign documentation online.
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Cons

AuditBoard

  • It would be nice if AuditBoard had more audit templates available for use on Ops Audit.
  • More timely updates for all users on their new features and release notes.
  • More CPE training and round tables for the users.
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Riskonnect

  • The Claims Admin piece is relatively new due to their partnership with Marsh ClearSight. There is a noticeable difference between the two integrated systems, but I suspect this will change quickly. I suspect there are still some kinks that are being worked out.
  • Riskonnect doesn't offer a true mobile app yet, but it can be accessed on mobile devices through responsive design. Not bad, but not great either. Especially when trying to view reports.
  • Riskonnect will work with you to configure, but customization is not their thing. If you need a lot of customization, you may need to look elsewhere.
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Pricing Details

AuditBoard

Starting Price

Editions & Modules

AuditBoard editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Riskonnect IRM

    Starting Price

    Editions & Modules

    Riskonnect IRM editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Alternatives Considered

      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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      Riskonnect

      Riskonnect was less expensive and provided a similar value against other market competitors. It was also most similar to RiskMaster, which is what we are using. And the ability to run and share reports is impressive.
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      Return on Investment

      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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      Riskonnect

      • Safety reporting and trends are very valuable. The ability to analyze and predict can reduce the number of claims as well.
      • Since we are using RiskMaster, there doesn't appear to be a big learning curve on learning Riskonnect. Appears to be easy to jump in and get started.
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