AuditBoard vs Bitsight comparison

AuditBoard and BitSight are both solutions in the IT Vendor Risk Management category. AuditBoard is ranked #3 with an average rating of 8.6, while BitSight is ranked #4 with an average rating of 8.7. AuditBoard holds a 4.7% mindshare in IVRM, compared to BitSight’s 11.4% mindshare. Additionally, 92% of AuditBoard users are willing to recommend the solution, compared to 100% of BitSight users who would recommend it.

AuditBoard

Read 12 AuditBoard reviews

796 Views
393 Comparison Views

92% willing to recommend

Bitsight

Read 5 Bitsight reviews

1,941 Views
1,424 Comparison Views

100% willing to recommend

AuditBoard

Bitsight

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between AuditBoard and Bitsight based on real PeerSpot user reviews.

Find out in this report how the two IT Vendor Risk Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed AuditBoard vs. Bitsight Report (Updated: September 2024).

Buyer's Guide

AuditBoard vs. Bitsight

September 2024

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Helped 813,161 peers since 2012

Categories and Ranking

AuditBoard

Ranking in IT Vendor Risk Management

3rd

Average Rating

8.6

Number of Reviews

Ranking in other categories

GRC (2nd)

Bitsight

Ranking in IT Vendor Risk Management

4th

Average Rating

8.6

Number of Reviews

Ranking in other categories

Attack Surface Management (ASM) (14th)

Mindshare comparison

As of October 2024, in the IT Vendor Risk Management category, the mindshare of AuditBoard is 4.7%, up from 3.1% compared to the previous year. The mindshare of Bitsight is 11.4%, down from 16.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.

IT Vendor Risk Management

Featured Reviews

Gopichand Rajbhar

IT GRC Manager at Capgemini

Nov 1, 2022

User-friendly, simple to implement, and has lots of features

We have limited access, where we can do the risk assessment, check the evidence, and, if there are any deviations, we can put that remark in a comment. The reviewer will check that from their end. In AuditBoard, companies have their own controls. According to ISO 27,001, in the risk assessment…

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Alfredo Alvim

Telecommunications Engineer at Portugal Telecom

Jan 23, 2024

Provides comprehensive insights into security posture

Bitsight provides comprehensive insights into security posture, enabling us to effectively reduce risks. it increases the security of writing and reduces the risks We work directly on their website to define all the assets that we need to scan. We have some meetings with the manager. For example,…

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Quotes from Members

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

Pros

"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."

"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."

"There are lots of features."

"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."

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

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

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

"The most valuable feature is the well-documented instruction."

More AuditBoard pros

"I prefer BitSight due to its patch management capabilities. The score is a valuable feature. I have contacted the customer support through e-mail and their response rate is fast. I rate the solution a nine out of ten."

"The product helps us identify the vulnerabilities of internet-facing applications."

"Its customer service team responds quickly."

"Offers open ports from an external point of view."

"The solution is user-friendly."

Cons

"The layout for the end user could be improved."

"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."

"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."

"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."

"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."

"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."

"They should improve the solution's test sheets feature for ease of use."

More AuditBoard cons

"Data enrichment is the major issue."

"At the moment, when the vulnerability score decreases, it remains the same for quite a while, even though issues are resolved in 24 hours."

"Its factor analysis feature could be better."

"The solution’s benchmarking should be improved."

"There may be room for improvement in the methodology for identifying findings, as occasional errors occur on the technical side."

Pricing and Cost Advice

"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."

"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."

"The product has a reasonable price."

"The solution's price is average."

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Top Industries

By visitors reading reviews

Computer Software Company

14%

Financial Services Firm

12%

Government

Manufacturing Company

Computer Software Company

15%

Financial Services Firm

15%

Insurance Company

10%

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about AuditBoard?

It consolidates the E2E process in one single solution, and in a very user friendly environment.

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What is your experience regarding pricing and costs for AuditBoard?

I believe the license is based on the number of key controls that will be tested regularly. You can also pay extra for additional modules, like risk testing and operational audits, etc.

See all answers

What needs improvement with AuditBoard?

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 contr...

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What do you like most about BitSight?

The solution is user-friendly.

See all answers

What is your experience regarding pricing and costs for BitSight?

The product is a little expensive and very oriented to large companies.

See all answers

What needs improvement with BitSight?

We face difficulties in acquiring designs and findings. There may be room for improvement in the methodology for identifying findings, as occasional errors occur on the technical side of BitSight.

See all answers

Comparisons

Workiva Wdesk vs AuditBoard

Compared 53% of the time

OneTrust GRC vs AuditBoard

Compared 19% of the time

RSA Archer vs AuditBoard

Compared 16% of the time

LogicGate vs AuditBoard

Compared 6% of the time

IBM OpenPages vs AuditBoard

Compared 5% of the time

More AuditBoard Competitors

SecurityScorecard vs Bitsight

Compared 31% of the time

RiskRecon vs Bitsight

Compared 17% of the time

Black Kite vs Bitsight

Compared 15% of the time

Tenable Lumin vs Bitsight

Compared 7% of the time

OneTrust GRC vs Bitsight

Compared 7% of the time

More Bitsight Competitors

Product Reports

Buyer's Guide

AuditBoard

October 2024

Download AuditBoard product report

Buyer's Guide

IT Vendor Risk Management

September 2024

Download Bitsight product report

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AuditBoard

BitSight

Overview

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.

BitSight transforms how organizations manage cyber risk. The BitSight Security Ratings Platform applies sophisticated algorithms, producing daily security ratings that range from 250 to 900, to help organizations manage their own security performance; mitigate third party risk; underwrite cyber insurance policies; conduct financial diligence; and assess aggregate risk. With over 2,100 global customers and the largest ecosystem of users and information, BitSight is the Standard in Security Ratings. For more information, please visit www.bitsight.com, read our blog or follow @BitSight on Twitter.

Sample Customers

Information Not Available

Fannie Mae, Cabela's, BNP Paribas, PWC, AIR Worldwide, Con Edison, The Container Store, OshKosh, Steris, University of South Florida, Emblem Health, Lloyds Bank

Buyer's Guide

AuditBoard vs. Bitsight

September 2024

Free Report: AuditBoard vs. Bitsight

Find out what your peers are saying about AuditBoard vs. Bitsight and other solutions. Updated: September 2024.

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