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AuditBoard pros and cons

Vendor: AuditBoard

4.3 out of 5

12 reviews
92% willing to recommend

Pros & Cons summary

AuditBoard provides time-saving real-time work paper editing, out-of-the-box reporting, and seamless documentation and workflow management. Users can set permissions for external review, benefiting from centralized communication. However, challenges remain in survey analysis, system updates, and lag issues affecting speed and search capabilities. Archer and TeamMate+ offer more process flexibility. Enhanced communication features and improved setup processes would benefit users, particularly small companies lacking alternative platforms.

Buyer's Guide

Get pricing advice, tips, use cases and valuable features from real users of this product.

Prominent pros & cons

PROS

Out-of-the-box reporting and ease of managing workflows are significant strengths of AuditBoard.

The ability to edit work papers in real-time without downloads enhances efficiency and time-saving.

AuditBoard's platform centralizes communication, streamlining interactions and promoting workflow efficiency.

The system allows accessibility for varied users, including external auditors and clients, ensuring controlled access and collaboration.

Real-time data sharing capabilities enhance project management and governance processes.

CONS

Analyzing survey results as a whole is not easy.

AuditBoard is more limiting in creating ad hoc audit processes compared to other tools like Archer and TeamMate+.

There are instances of technical issues causing the platform to cease functioning effectively, with editing tools often slow and laggy.

After requesting documents, it lacks a feature to show receipt status of the request.

The initial setup is difficult due to the need for integration with the business unit for operational-level testing.

AuditBoard Pros review quotes

reviewer2123556

Senior Director Internal Control at a manufacturing company with 10,001+ employees

Mar 9, 2023

The most significant feature of AuditBoard is its community tools. It provides an internal communication platform that enables users to communicate within the system rather than relying on external tools such as Outlook or Microsoft products. By communicating within the system, all interactions are centralized and accessible, promoting a streamlined workflow.

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reviewer2102532

Business Specialist of Finance at a financial services firm with 5,001-10,000 employees

Feb 15, 2023

Considering the solution's return on investment, it has been extremely helpful since we were doing a lot of documentation. Previously, in our company, we were using an Excel sheet which made things quite messy.

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JD

System Integrator at a non-profit with 501-1,000 employees

Jan 31, 2023

I find the most significant elements of this solution are the out-of-the-box reporting, the ease of workflow, workflow management, and the ease of managing our audit process.

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Internal Audit Leader at a manufacturing company with 5,001-10,000 employees

Mar 16, 2023

AuditBoard has several solutions for governance, internal audit, and other categories.

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Abhishek Singhal

MS Financial Risk Management at University of Connecticut Health Center

Feb 8, 2023

The most valuable feature of AuditBoard is its ability to facilitate the editing of work papers in a seamless and efficient manner. This is achieved through a built-in tool that allows for real-time editing without the need for downloading the working paper. This feature has proven to be incredibly time-saving for me as it eliminates the step of having to download the file and make changes, instead providing an easy-to-access "edit work paper" option. Overall, this feature has greatly improved my experience with AuditBoard and has been a significant contributor to its success in my opinion.

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Gopichand Rajbhar

IT GRC Manager at Capgemini

Nov 1, 2022

There are lots of features.

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Internal Auditor

Feb 28, 2023

The most valuable feature is that everybody can use the same tool. You can give a person permission to use AuditBoard and define their access to the Audit Table. For example, we can allow external auditors or clients to review our completed tests. The clients are attached to specific tests that happen regularly, like inventory counts and asset counts. Debt compliance is only done once annually.

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Senior Manager, Global Internal Audit at BACARDI CANADA, INC.

Feb 20, 2023

In AuditBoard, there are all the audit steps, including documentation, archiving, and tracking the progress of audits.

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reviewer2084553

Senior Auditor at NRG Energy

Jan 25, 2023

AuditBoard is very user-friendly compared to other audit management software I have used in the past.

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reviewer2562750

Vice President at a computer software company with 201-500 employees

Oct 4, 2024

For AuditBoard, the simple workflow made it very easy to code with the group.

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Show 2 more reviews (out of 12)

AuditBoard Cons review quotes

reviewer2123556

Senior Director Internal Control at a manufacturing company with 10,001+ employees

Mar 9, 2023

AuditBoard could benefit from the addition of video capabilities, although it is not a necessity. Small companies that cannot afford licenses for Microsoft Teams or Zoom would benefit greatly from this feature, as it would enhance the communication process.

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reviewer2102532

Business Specialist of Finance at a financial services firm with 5,001-10,000 employees

Feb 15, 2023

A handful of things in the solution need to be improved. One of them is better communication of updates to the system or tool itself.

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JD

System Integrator at a non-profit with 501-1,000 employees

Jan 31, 2023

Some of that flexibility could be enhanced. When comparing Archer and TeamMate+, there is a little more open-ended in terms of certain of our audit processes and procedures. And there is significantly greater freedom in creating ad hoc audit processes and procedures, whereas AuditBoard is a little more limiting in this regard.

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Free Report: AuditBoard Reviews and More

Learn what your peers think about AuditBoard. Get advice and tips from experienced pros sharing their opinions. Updated: December 2024.

824,095 professionals have used our research since 2012.

Internal Audit Leader at a manufacturing company with 5,001-10,000 employees

Mar 16, 2023

The layout for the end user could be improved.

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Abhishek Singhal

MS Financial Risk Management at University of Connecticut Health Center

Feb 8, 2023

AuditBoard has the potential for improvement in a few key areas. Firstly, I have experienced instances where the platform has experienced technical issues and ceased to function effectively. Additionally, the editing tools provided within the platform can be slow and laggy, particularly when trying to access and edit important documents. This can be a hindrance to my workflow and efficiency. To address these issues, they should begin by improving the speed and reliability of the platform, as well as enhancing the search engine to make it easier to find specific controls and documents within the platform.

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Gopichand Rajbhar

IT GRC Manager at Capgemini

Nov 1, 2022

Everything is there, and I have no disadvantage to note as of now.

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Internal Auditor

Feb 28, 2023

The initial setup is somewhat difficult because it has multiple pieces that need to be stitched together. You have to integrate it with the business unit you want to test if you want to go down from the corporate level to the operational level.

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reviewer2084553

Senior Auditor at NRG Energy

Jan 25, 2023

It is not easy to analyze the results of a survey as a whole.

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reviewer2562750

Vice President at a computer software company with 201-500 employees

Oct 4, 2024

AuditBoard is overly simple in some instances and there needs to be flexibility to make it more robust.

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Internal Audit Intern at CCC Intelligent Solutions

Feb 14, 2023

After sending out a request to my network for documents, it would be great to have a receipt that shows who received the request and who did not.

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Show 1 more reviews (out of 11)

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