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AuditBoard is a comprehensive software solution that has proven invaluable for the Internal Audit Department. Users have found it to be …
Overview
What is AuditBoard?
AuditBoard is a cloud-based audit management software solution from the company of the same name in Cerritos.
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What is AuditBoard?
AuditBoard is a cloud-based audit management software solution from the company of the same name in Cerritos.
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Product Demos
Join the Audit Revolution. SOXHUB is now AuditBoard.
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Behind the Scenes with AuditBoard at GAM 2018
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Product Details
- About
- Competitors
- Tech Details
- FAQs
What is AuditBoard?
AuditBoard’s connected risk platform is designed to elevate teams, engage the front lines of a business, and help users leverage risk as a strategic driver. At the heart of the connected risk architecture is a unified data core that centralizes the organization's risks, controls, policies, frameworks, and issues. The core is surrounded by a set of platform capabilities, including collaboration, automation, a workflow engine, business intelligence, and an extensible integration layer. Together, AuditBoard’s unified core and platform capabilities set a foundation for its applications — RiskOversight, CrossComply, OpsAudit, and SOXHUB.
AuditBoard Videos
AuditBoard Overview
Audit Tools for Finance, Compliance, or Risk (AuditBoard, Hyperproof, SAP Audit Management)
AuditBoard Competitors
AuditBoard Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
Frequently Asked Questions
AuditBoard is a cloud-based audit management software solution from the company of the same name in Cerritos.
The most common users of AuditBoard are from Enterprises (1,001+ employees).
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(25)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
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AuditBoard is a comprehensive software solution that has proven invaluable for the Internal Audit Department. Users have found it to be highly effective in managing a wide range of audit-related tasks and processes. It serves as a centralized platform for creating and housing risk assessments, audit work documentation, and internal audit reports. Internal auditors can easily document SOX control walkthroughs and testing, track issues to completion, and generate reports for management.
The benefits extend beyond just the internal audit team. Control owners and business units also benefit from using AuditBoard as it streamlines processes, facilitates collaboration with the internal audit department, and enhances efficiency in completing audits and SOX requests. Additionally, the software enables surveying audit clients for feedback, certifying control performance, managing global SOX control owner testing programs, and conducting quarterly disclosure surveys.
Moreover, AuditBoard is not limited to internal audit functions alone. It is utilized by the Risk Management department to address operational audits, risk assessment, and controls within the organization. The IT department finds value in using AuditBoard to monitor compliance frameworks such as ISO and PCI, ensuring adherence to regulatory standards.
Overall, AuditBoard serves as an essential managerial and risk tool for the whole organization. It provides a centralized location for all materials related to internal controls, offers insights to control owners and management about their controls' effectiveness, identifies issues or gaps in the controls process, and allows for certifications of controls on a quarterly basis. The flexibility of AuditBoard also enables users to adapt control language based on specific department or organizational needs, making it adaptable to various types of risks such as SOC, SOX, and operational risks.
Profile Page Feature: Users highly appreciate the profile page feature in AuditBoard, which has been mentioned by several reviewers. They find it convenient and efficient as it allows them to easily document audit testing and attach supporting documents for each test. This feature enhances their editing capabilities, making it easy to update files without deleting and re-attaching them.
Edit Documents Functionality: The option to edit documents as PDF or Excel files on their laptops and then sync them with AuditBoard is greatly appreciated by users. This functionality has been praised by multiple reviewers for significantly improving efficiency and streamlining the process of updating and maintaining documents.
Requesting Supporting Documents: Several users have highlighted the value they see in the ability to request supporting documents from control owners within AuditBoard. They appreciate how this feature facilitates communication and collaboration between different stakeholders involved in the audit process, making it easier to gather necessary information.
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User-Friendliness: Some users have expressed that the dashboard in AuditBoard could be more intuitive and user-friendly, potentially requiring a learning curve for new users.
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Handling Large Amounts of Data: Several reviewers have mentioned that modules within AuditBoard may struggle to handle large volumes of data efficiently, which can impact performance and productivity.
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Customer Support: Users have reported dissatisfaction with the turnover in customer support, leading to inconsistent assistance and slower response times. This highlights the need for improved consistency and responsiveness in addressing user inquiries or issues.
Based on user reviews, the following recommendations have emerged for AuditBoard:
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Request a demo and speak with existing users to understand the product better. This firsthand information can help potential customers make an informed decision about implementing AuditBoard.
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Take advantage of training and support resources provided by AuditBoard, such as the AuditBoard Academy, webinars, and conferences. Also, reach out to the support team for any questions or concerns during the implementation process.
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Clearly define needs and expectations before implementing AuditBoard. This step can help align expectations, optimize the setup, and maximize the potential benefits of using the tool.
Reviews
(1-2 of 2)Companies can't remove reviews or game the system. Here's why
January 11, 2023
AuditBoard - Enhancing internal audit and controls
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.
- Control documentation
- Dashboards
- Reporting
- Audit Managment
- Maintaining Audit Trail
- More responsive customer support
- Increased functionality of dashboards
- Increased cross integration with other platforms/software
- Dashboards
- Tracking control testing
- Communication of requests/control deficiencies
- Enhanced controls program
- Efficient to use compared to alternatives
- Provides data and statistics to better understand the bigger picture
Auditboard is a unique product that is primarily used for audit and internal controls which made it the best alternative. It provides a way to organize a large amount of testing working papers, provides efficient workflow, and can provide dashboards/reporting statistics to enhance internal audit and internal controls. In addition, this product is extremely useful to communicate with clients when sending out PBC requests and communicating control deficiencies.
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.
- 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.
- 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.
- Control Certifications
- Templates for Ops Audit
- CPE Trainings
- AuditBoard has a positive impact and increased ROI on our overall business objectives.
- It saves us money by integrating Ops Audit with SOX program in a single platform.
- Our employees are able to get free CPE credits by attending the training.
AuditBoard is more user-friendly and never has access issues reported by any of our users. AuditBoard offers more free training and office hours to help users get the most out of the product. AuditBoard has more collaborative features to allow users to work together and save time.