AuditBoard Reviews

Name: AuditBoard
Brand: AuditBoard
Rating: 4.3 (12 reviews)

4.3 out of 5

12 reviews
92% willing to recommend

What is AuditBoard?

AuditBoard is the leading cloud-based platform transforming audit, risk, and compliance management. More than 35% of the Fortune 500 leverage AuditBoard to move their businesses forward with greater clarity and agility. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the fourth year in a row as one of the fastest-growing technology companies in North America by Deloitte. To learn more, visit: AuditBoard.com.

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AuditBoard is the #3 ranked solution in top GRC solutions and #4 ranked solution in top IT Vendor Risk Management solutions. PeerSpot users give AuditBoard an average rating of 8.6 out of 10. AuditBoard is most commonly compared to RSA Archer: AuditBoard vs RSA Archer. AuditBoard is popular among the large enterprise segment, accounting for 68% of users researching this solution on PeerSpot. The top industry researching this solution are professionals from a financial services firm, accounting for 14% of all views.

Helped 831,020 peers since 2012

Featured reviews

Abhishek Singhal

MS Financial Risk Management at University of Connecticut Health Center

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. The lagging issue was related to the stability and functionality of the search engine. It seems some minor adjustments were necessary to enhance the overall experience and allow for a clearer distinction between the controls being used. This problem also seemed to arise when attempting to upload external files or engage in other similar activities. After careful contemplation, having a centralized storage system for all work-related documents would be incredibly advantageous. This could be in the form of folders or an online cloud that is easily accessible through the AuditBoard website. This would eliminate the need for me to store these important documents on my personal computer or the need to access them through my desktop. Having everything in one centralized location would not only make my life easier, but it would also increase productivity and efficiency in my work.

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Gopichand Rajbhar

IT GRC Manager at Capgemini

There are lots of features. We like the reviewer and auditor, where they support you if you want to upload evidence. At the same time the reviewer or auditor can also put their remark. The solution is user-friendly. It's easy to set up. You can easily find out how to proceed for reassessment, how to upload that evidence, and how you can put in a remark. Everything is a single console where you can easily track what you need. It's stable. The product is scalable. They provide a demo to customers to allow them to explore the tools.

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Sampaio Jr.

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

The layout for the end user could be improved for the control owners and people from whom I request information. If you have a good knowledge of internal auditing, you know there are internal controls and owners for these controls. So, as an auditor, I'm the end user for all the support, but I have my clients, which are the business areas, and I have many control owners. Therefore, the layout of the system could be simplified to be more user-friendly and easy for them. AuditBoard can be more user-friendly, but not for me as an auditor, but for them as the end user (the people I'm auditing). These are the owners, shareholders, or people who manage the system only to provide documentation or receive the action plan. I would like to see more concise auditing results in the next release. For example, currently, there is a test that we have to do manually. When we close out the testing in the SOX program, we need to gather all the results for the auditor and then make a presentation and a communication letter for the owners, mainly the CFO and the audit committee. I would appreciate a way to get the output of the auditing results more concise and as a presentation or final report. For example, the platform could gather the results from each location because we have over 500 controls to test and put them in a single document or, you know, in a consolidated report. Since I work for a company worldwide, we have locations worldwide and in different countries, each of which we have controls to test. It would help us avoid this menial task at the end of the project. This new feature could give a concise or aggregated report output, a final report. It would enhance the report output layout and make it easier to manage and present the results to the stakeholders.

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AuditBoard mindshare

Product category:

As of January 2025, the mindshare of AuditBoard in the GRC category stands at 7.6%, up from 4.3% compared to the previous year, according to calculations based on PeerSpot user engagement data.

GRC

PeerAnalyst reports

Type	Title	Date
Category	GRC	Jan 17, 2025	Download
Product	Reviews, tips, and advice from real users	Jan 17, 2025	Download
Comparison	AuditBoard vs RSA Archer	Jan 17, 2025	Download
Comparison	AuditBoard vs OneTrust GRC	Jan 17, 2025	Download
Comparison	AuditBoard vs MEGA HOPEX	Jan 17, 2025	Download

Title	Rating	Mindshare	Recommending
RSA Archer	4.0	16.7%	92%	39 interviews Add to research
OneTrust GRC	4.1	8.6%	78%	14 interviews Add to research

Valuable Features

"For AuditBoard, the simple workflow made it very easy to code with the group."
"Its ability to share the data in real-time has helped us well."
"AuditBoard has several solutions for governance, internal audit, and other categories."

Room for Improvement

"AuditBoard is overly simple in some instances and there needs to be flexibility to make it more robust."
"They should improve the solution's test sheets feature for ease of use."
"The layout for the end user could be improved."

Pricing

AuditBoard pricing varies and is influenced by negotiation strength. Contracts are generally reasonable but might surprise users with charges based on controls tested beyond a set threshold. Users felt unexpected charges when exceeding control limits, impacting CFO approval and highlighting the need for consistent pricing. Extra costs for additional modules like risk testing exist, though surprises are uncommon. Suggestions include implementing a loyalty program to offer long-term savings to customers.

"I highly recommend this tool as the price is reasonable. However, consistent pricing is important, and having a loyalty program that rewards long-term customers with lower prices would be a great addition."
"Pricing is variable, like with any technology, and is determined by how hard you wish to negotiate. You can get to a price you're willing to pay if you're willing to negotiate aggressively."

Service and Support

AuditBoard's customer service receives high marks for responsiveness and effectiveness. Users appreciate the quick response times and the ability to resolve issues with minimal interactions. The support team is proactive, involving experts when needed and ensuring communication is maintained. Though some users experienced delays, particularly with system changes, such incidents are rare. Available resources like chat functions and support representatives enhance user experience, with satisfaction ratings generally ranging from seven to ten out of ten.

These insights are based on the in-depth reviews provided by peers to help you make a better buying decision.

Download our AuditBoard Buyer's Guide for additional reliable information.