AuditBoard Reviews and Ratings

Use Cases and Deployment Scope

Auditboard was implemented for our internal audit team at the organization. However, the product was also used for internal controls. Auditboard was mainly used as a way to centralize all of the internal audit and internal controls materials. For example, the product was used to keep and link materials such as risk matrices, test plans, process maps, and other working papers. In addition, there were a lot of other features that were beneficial such as creating dashboards.

Likelihood to Recommend

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

Use Cases and Deployment Scope

We began our journey using AuditBoard to manage our global sox control owner testing program. It is much simpler and cleaner that our prior tool and was easy for control owners to learn the tool and perform testing more efficiency and effectively. We also use it for the quarterly disclosure surveys that used to be done in a separate tool. Our audits are managed in OpsAudit that provides a single source for our audit plan and status of related projects. We use issues module coupled with WorkStream survey to track issues to completion with a fully automated process. All with single sign on providing seamless access and relatively easy admin effort to manage users.

Likelihood to Recommend

AuditBoard is great for SOX testing, managing audit projects, any workflow requests like PBC, questionnaire's and surveys. It is great for enterprise risk management. It is really great from cradle to grave with very minor limitations. They also always have new features and modules coming it. Its like the Apple of GRC tools!

Use Cases and Deployment Scope

We use AuditBoard for both operational audits and sox compliance. It is used by a large group within the group organization for streamlining sox certifications and testing. The internal audit team uses ops audit to document audit testing. This product has made our groups so much more efficient and gave us a great opportunity to collaborate very easily with the business units we audit.

Likelihood to Recommend

Well suited for large and small organizations. It is easily scalable and very easy to configure. Once configured, it’s super easy to use and manage

Use Cases and Deployment Scope

The Internal Audit Department uses it to document testing for Ops Audit and SOX. We also use Workstream to send out quarterly certifications to all of our SOX control owners and to send out our identified issues for Management Action Plan responses and to document SOC 1 reviews. The IT department uses CrossComply to monitor Compliance Frameworks (ISO and PCI).

Likelihood to Recommend

If you are SOX covered or if you do a lot of Ops Audits. When we initially started using AuditBoard, they were concentrated on SOXHUB and we had a lot of wishes and upgrades that we requested for OpsAudit - they listened to our suggestions and made the upgrades quickly.

Use Cases and Deployment Scope

We used AuditBoard for our controls testing, controls certifications, document requests, and operational audits. It was used by the internal audit department and the accounting department. AuditBoard allowed us to have everything in one location. It gave control owners and management more insight into what their controls are, what issues were discovered, and gaps in the controls process.

Likelihood to Recommend

My company was performing a carve-out and we were able to use AuditBoard for file transfer and substantive testing

Use Cases and Deployment Scope

AuditBoard is used by Internal Audit and Risk Management. It addresses all operational audits and risk & controls of the Bank.

Likelihood to Recommend

AuditBoard is well suited for small and large companies. Each frame is designed specifically for each company as needed. Operational audits are all maintained under one module without the need to have various software.

Use Cases and Deployment Scope

AuditBoard is currently being used by the Internal Audit Department, which uses it to create & house risk assessments, to hold audit work documentation, to create issues and report them via Internal Audit Reports, to document SOX control walkthroughs & testing, for time reporting, as Internal Audit's Standard file repository (procedures, etc.), to survey audit clients for feedback, and to ask control owners to certify their SOX control performance. The Risk Department has also reviewed AuditBoard's system but has not yet chosen to implement it for ERM risk assessments. The Internal Audit Department has allowed examiners and external auditors access to the system in limited form as well.

Likelihood to Recommend

I believe AuditBoard is specifically designed for Ops Audit and SOX control testing and is especially beneficial for audit shops with 5+ people. I also think that it could be well suited for ERM by the Risk Department, as it allows input from multiple parties if desired. The system could allow the entire company to work from a shared risk and control library. I've not demoed or used the Compliance module enough to know if it would benefit an audit department, or a compliance monitoring function of Risk Management.

Use Cases and Deployment Scope

AuditBoard help keeps our SOX testing more organized. We use it for SOX audit, Ops audit, etc.

I don't believe it's used in other department.

Likelihood to Recommend

It's a great tool for auditors.

It would keep the audit testing neat and tidy.

Use Cases and Deployment Scope

The whole organization uses it as a managerial and risk tool. They use it every quarter to certify their controls and report anything that is not working as intended. This addresses the SOC, SOX, and operational risks and allows IA to correct the control language based on the needs of the department and organization.

Likelihood to Recommend

AuditBoard is easy to use and very user-friendly. There are always learning modules, seminars, webinars and a community to gain knowledge and insight.

Use Cases and Deployment Scope

AuditBoard is used by the Internal Audit department of the company, for Ops audit and SOX program. It helps the control and business owners collaborate with IA to complete the audits and SOX requests.

Likelihood to Recommend

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.