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ACL Analytics vs AuditBoard comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Feb 4, 2025

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

ACL Analytics
Ranking in GRC
5th
Average Rating
9.6
Reviews Sentiment
7.3
Number of Reviews
6
Ranking in other categories
Continuous Controls Monitoring (1st)
AuditBoard
Ranking in GRC
6th
Average Rating
8.6
Reviews Sentiment
7.3
Number of Reviews
12
Ranking in other categories
IT Vendor Risk Management (5th)
 

Mindshare comparison

As of April 2025, in the GRC category, the mindshare of ACL Analytics is 3.1%, down from 5.1% compared to the previous year. The mindshare of AuditBoard is 7.9%, up from 5.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC
 

Featured Reviews

Sohail Ahmed - PeerSpot reviewer
Helps to save time and useful for data analytics
The tool's pricing is quite high. When I purchased the software, I constantly contacted the representatives. I requested a single license, but they informed me that only packages of three licenses were available. This made it very difficult for us to manage the cost, especially given the economic challenges in our country. The price of $5,000 is high, and transferring money from one country to another, particularly in dollars, is challenging due to high exchange rates. Although we managed to purchase it then, the lack of a single license option and the high cost were issues. I had trouble getting my issue across when I posted a problem with screenshots on the forum. The support team initially didn't seem to understand my problem and replied with general questions. I had to send more emails to explain it better. I think their support could be better. We expect support people to know the software well and understand our issues.
Gopichand Rajbhar - PeerSpot reviewer
User-friendly, simple to implement, and has lots of features
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.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The tool's most valuable feature is its ability to import files from other software packages. Its reporting and visualization capabilities have made our reporting easier. Importing results into spreadsheets or other documents for incorporation into reports is particularly helpful."
"Initial setup is straightforward."
"We apply different methods, such as sampling, data manipulation, and sorting. I'm fond of the scripting feature, which automates routine tasks and saves time. It also offers data insights."
"The most valuable feature of ACL Analytics is its powerful data control capabilities."
"I like the fact that in the duplicate section, I can find matches, and I can find situations where certain cells or certain cell points match, but there's a difference as well between two different records."
"It is very flexible and has hundreds of functions."
"It improved my organization using ​an automated audit revision with scripts."
"For AuditBoard, the simple workflow made it very easy to code with the group."
"In AuditBoard, there are all the audit steps, including documentation, archiving, and tracking the progress of audits."
"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."
"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."
"The most valuable feature is the well-documented instruction."
"There are lots of features."
"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."
"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."
 

Cons

"The ease of use could be better."
"The product's pricing has increased over the years."
"It would be beneficial if the software could improve its capabilities when extracting data from databases, particularly for those who may not be familiar with SQL queries."
"The tool's pricing is quite high. When I purchased the software, I constantly contacted the representatives. I requested a single license, but they informed me that only packages of three licenses were available. This made it very difficult for us to manage the cost, especially given the economic challenges in our country."
"​Reporting and presentation of information directly to solutions, such as PowerPoint.​"
"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."
"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."
"Everything is there, and I have no disadvantage to note as of now."
"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."
"The layout for the end user could be improved."
"AuditBoard is overly simple in some instances and there needs to be flexibility to make it more robust."
"It is not easy to analyze the results of a survey as a whole."
"They should improve the solution's test sheets feature for ease of use."
 

Pricing and Cost Advice

"The price of $5,000 is high, and transferring money from one country to another, particularly in dollars, is challenging due to high exchange rates. Although we managed to purchase it then, the lack of a single license option and the high cost were issues."
"The pricing for me as an individual seems a lot. For our organization, the price is okay. It's about $6,000 a year. I don't know of any additional costs."
"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."
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Top Industries

By visitors reading reviews
Financial Services Firm
14%
Government
12%
Computer Software Company
11%
Insurance Company
7%
Financial Services Firm
14%
Computer Software Company
10%
Manufacturing Company
9%
Government
9%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What do you like most about ACL Analytics?
The tool's most valuable feature is its ability to import files from other software packages. Its reporting and visualization capabilities have made our reporting easier. Importing results into spr...
What is your experience regarding pricing and costs for ACL Analytics?
The licensing cost for ACL Analytics is around $6,000, which includes both SCA and hybrid functionalities. There are no extra fees.
What needs improvement with ACL Analytics?
The tool's pricing is quite high. When I purchased the software, I constantly contacted the representatives. I requested a single license, but they informed me that only packages of three licenses ...
What do you like most about AuditBoard?
It consolidates the E2E process in one single solution, and in a very user friendly environment.
What needs improvement with AuditBoard?
AuditBoard is overly simple in some instances and there needs to be flexibility to make it more robust. For IBM OpenPages, the reporting can be more robust as the summary report on each of the modu...
What is your primary use case for AuditBoard?
I used AuditBoard primarily for risk assessment questionnaires in a very premature risk environment. I also have experience with IBM OpenPages, mostly for operational risk to track issues, to look ...
 

Also Known As

ACL
No data available
 

Overview

 

Sample Customers

Essar Group, Dean Foods, Lafarge North America, Austrian Ministry of Finance
Information Not Available
Find out what your peers are saying about ACL Analytics vs. AuditBoard and other solutions. Updated: April 2025.
846,617 professionals have used our research since 2012.