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AuditBoard vs IBM OpenPages 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

AuditBoard
Ranking in GRC
3rd
Average Rating
8.6
Reviews Sentiment
7.3
Number of Reviews
12
Ranking in other categories
IT Vendor Risk Management (4th)
IBM OpenPages
Ranking in GRC
7th
Average Rating
7.0
Reviews Sentiment
7.4
Number of Reviews
7
Ranking in other categories
IT Governance (2nd)
 

Mindshare comparison

As of February 2025, in the GRC category, the mindshare of AuditBoard is 7.4%, up from 4.6% compared to the previous year. The mindshare of IBM OpenPages is 5.9%, up from 5.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC
 

Featured Reviews

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.
Seetha Pullela - PeerSpot reviewer
Enhanced risk management with useful reports and easy to deploy
We have deployed the ORM module in our bank. We have our businesses listed in the application, and we identify risks. We manage multiple controls, assess historical controls, and monitor these controls using test source control monitoring and management. We have recently started using the Assurant…

Quotes from Members

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

Pros

"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."
"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."
"In AuditBoard, there are all the audit steps, including documentation, archiving, and tracking the progress of audits."
"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."
"For AuditBoard, the simple workflow made it very easy to code with the group."
"AuditBoard has several solutions for governance, internal audit, and other categories."
"Its ability to share the data in real-time has helped us well."
"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."
"The product’s interface is very intuitive."
"Everything about IBM OpenPages is valuable, particularly when compared to other solutions in the market like MetricStream, from which we switched due to its feasibility, user-friendliness, and performance."
"The content, reporting, and workflow features stand out as the most valuable aspects."
"The ability to keep a record of internal incidents in the company, and also the monitoring of Key Indicators."
"The most valuable features are the workflow engine, calculations, and security rules."
 

Cons

"Everything is there, and I have no disadvantage to note as of now."
"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 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."
"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 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 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."
"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."
"IBM OpenPages needs improvement in its UI. Currently, it is difficult to see the relationships (associations/parents) between all items unless you click on the item itself."
"The solution must allow customization in reporting."
"I believe there's room for improvement in establishing connections with external information."
"It would be useful to have more out-of-the-box functionality, especially triggers and calculations."
"Some self-relationships are not available in OpenPages' relationship model."
 

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 solution is not cheap."
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Top Industries

By visitors reading reviews
Financial Services Firm
13%
Computer Software Company
10%
Manufacturing Company
9%
Government
9%
Financial Services Firm
32%
Computer Software Company
8%
Manufacturing Company
6%
Government
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

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?
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 do you like most about IBM OpenPages?
The product’s interface is very intuitive.
What needs improvement with IBM OpenPages?
It would be useful to have more out-of-the-box functionality, especially triggers and calculations. Additionally, more detailed documentation and video-oriented resources would be beneficial.
What is your primary use case for IBM OpenPages?
We have deployed the ORM module in our bank. We have our businesses listed in the application, and we identify risks. We manage multiple controls, assess historical controls, and monitor these cont...
 

Comparisons

 

Also Known As

No data available
OpenPages
 

Overview

 

Sample Customers

Information Not Available
Nationwide, Process Innovation AG, OSRAM Licht AG, Dep‹sito Central de Valores (DCV), Delta Lloyd Group, Unum
Find out what your peers are saying about AuditBoard vs. IBM OpenPages and other solutions. Updated: January 2025.
838,640 professionals have used our research since 2012.