Likelihood to Recommend MindBridge [Platform] is an excellent tool to use to gain additional comfort over client's data. The key areas it helps with are analytical procedure risk and inherent risk, but depending on the data you have, it can also be able to assess control risk to a degree. It's a very malleable tool that can be made to fit your client, however, it does require upfront work (as the implementation of any new technology would). The tool may not be scalable for audit work that is very low-risk and requires little hour input in the first place as it may add more hours in the long-run than the normal audit would incur. Our team has used these low-risk audits in our implementation, however, to corroborate the results we get, which we felt has helped us achieve our successes with the tool.
Read full review The usage of ROAM, as well as the integration of external programmes through API and import functions, has almost reduced duplication of work. One thing to keep in mind is that your use cases must be very clear. There are a lot of SAI solutions, and their titles don't always correspond to what they actually perform.
Read full review Pros Using the output from MB AI we have been able to reduce the inherent risk and analytical procedures risk assessments in our audits which have reduced our substantive testing sample sizes. The output from MB AI allows us to focus on the medium risk and high risk transactions that were recorded in the general ledger during the year. Our younger, more technologically advanced team members really enjoy working with MB AI. Read full review Customized unified design platform Modules that fit your organization Low technology involvement with information department. Built on foundational platforms some bidirectional in the ERM framework with TPRM contracts Single sign-on web-based applications Read full review Cons It needs to have a deliverable Risk Analysis report, something that can be exported to a PDF and delivered to clients. Accounts receivable and payable analysis needs to be able to handle tiered customers and vendors. Exporting to PDF should be a feature. Works great for Excel. Needs forecasting capability in order for us to use for review engagements. Needs the ability to compare client to industry ratings. Read full review Reporting Legacy modules (i.e. tasks) Look and feel Intuitive UI Read full review Usability The only reason I do not give this a 10 is that I would like a deliverable risk report. This would enable me to offer additional services to my non-audit clients.
Read full review Overall it is a very versatile system that does help to keep our processes automated and secure. We are able to streamline our day to day activities.
Read full review Support Rating My experience with customer support may different since I started using the application early on. I am also providing continuous recommendations for improvement or additional features. They have always been available when I needed them and they actually listen and value my opinion. They have implemented many of our recommendations and asked for our input on possible new features.
Read full review Alternatives Considered We did not consider any other similar products.
Read full review Archer was very similar to SAI360 in cost and features. Has a more modern look and feel and more task functionality. The price point was very similar. Didn't choose them as our existing usage is in an On-Prem version and support from our in-house IT team was not able to be obtained. MetricStream was very modern looking with an intuitive UI. Appeared to have all the features with a number of additional bells and whistles. The price point was far above our budget and we could not get approval to move them to the RFP.
Read full review Return on Investment Increased efficiency Better quality audits performed Coming to more reasoned conclusions that are supported by data Read full review The system is costly for the initial setup Does help to mitigate risk and keep the vendors and internal departments from becoming non-compliant. One license for all users Easy to manage employee's security access Read full review ScreenShots MindBridge Platform Screenshots