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AuditBoard vs Diligent One Platform (formerly Highbond) comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

AuditBoard
Ranking in GRC
2nd
Ranking in IT Vendor Risk Management
3rd
Average Rating
8.6
Number of Reviews
12
Ranking in other categories
No ranking in other categories
Diligent One Platform (form...
Ranking in GRC
8th
Ranking in IT Vendor Risk Management
16th
Average Rating
8.6
Number of Reviews
3
Ranking in other categories
IT Governance (5th)
 

Mindshare comparison

As of October 2024, in the GRC category, the mindshare of AuditBoard is 6.4%, up from 3.3% compared to the previous year. The mindshare of Diligent One Platform (formerly Highbond) is 3.6%, down from 5.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC
 

Featured Reviews

Gopichand Rajbhar - PeerSpot reviewer
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…
WW
Jan 27, 2023
Good automation and analytics, but is costly
The report model was our main concern. I believe currently the solution uses a third party for the reporting. As part of a consulting firm, one of the challenges we face is the difficulty in producing reports that meet the expectations of our clients and customers. It would be beneficial if the focus could be shifted toward improving the reporting aspect. The impact report is a crucial aspect, as we only have one opportunity to create it. Galvanize HighBond can improve by generating more impact reports post-project, and allowing access to the reports using a web version, which would greatly benefit us. The cost of the solution is expensive and needs improvement.

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."
"AuditBoard has several solutions for governance, internal audit, and other categories."
"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."
"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."
"AuditBoard is very user-friendly compared to other audit management software I have used in the past."
"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."
"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 is the well-documented instruction."
"The most valuable feature is automation."
 

Cons

"They should improve the solution's test sheets feature for ease of use."
"The layout for the end user could be improved."
"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."
"Everything is there, and I have no disadvantage to note as of now."
"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."
"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."
"AuditBoard is overly simple in some instances and there needs to be flexibility to make it more robust."
"The cost of the solution is expensive and needs improvement."
 

Pricing and Cost Advice

"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."
"I give the cost of the solution a six out of ten."
report
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Top Industries

By visitors reading reviews
Computer Software Company
14%
Financial Services Firm
12%
Government
9%
Manufacturing Company
9%
Educational Organization
45%
Financial Services Firm
8%
Government
6%
Computer Software Company
5%
 

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.
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.
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...
What is your experience regarding pricing and costs for Galvanize HighBond?
Regarding pricing, we are located in Africa where economic instability prevails and our currency continues to lose value due to inflation. The cost of the solution is high. I give the cost of the s...
What needs improvement with Galvanize HighBond?
The report model was our main concern. I believe currently the solution uses a third party for the reporting. As part of a consulting firm, one of the challenges we face is the difficulty in produc...
 

Also Known As

No data available
Rsam GRC, HighBond, HighBond by Galvanize , Diligent GRC Platform
 

Overview

 

Sample Customers

Information Not Available
CNA Insurance
Find out what your peers are saying about AuditBoard vs. Diligent One Platform (formerly Highbond) and other solutions. Updated: October 2024.
813,266 professionals have used our research since 2012.