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AuditBoard

AuditBoard

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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Recent Reviews

TrustRadius Insights

AuditBoard is a comprehensive software solution that has proven invaluable for the Internal Audit Department. Users have found it to be …
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User-Friendly and Continuous learning

10 out of 10
September 21, 2021
The whole organization uses it as a managerial and risk tool. They use it every quarter to certify their controls and report anything that …
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Pricing

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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.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Demos

Join the Audit Revolution. SOXHUB is now AuditBoard.

YouTube

Behind the Scenes with AuditBoard at GAM 2018

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Product Details

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 Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

AuditBoard is a cloud-based audit management software solution from the company of the same name in Cerritos.

Workiva, Diligent One Platform, and LogicGate are common alternatives for AuditBoard.

The most common users of AuditBoard are from Enterprises (1,001+ employees).
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Comparisons

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Reviews and Ratings

(24)

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!

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.

  1. 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.

  2. 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.

  3. 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:

  1. 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.

  2. 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.

  3. 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

(1-10 of 10)
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Score 8 out of 10
Vetted Review
Verified User
Incentivized
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.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
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.
Mark Schiff | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
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.
Score 10 out of 10
Vetted Review
Verified User
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.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
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).
Score 10 out of 10
Vetted Review
Verified User
Incentivized
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.
Courtney Sheff | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
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.
Score 10 out of 10
Vetted Review
Verified User
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.
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