NAVEX Global and AuditBoard are competitive products in the risk and compliance management space. AuditBoard seems to have the upper hand due to its robust features offering significant benefits that justify their cost.
Features: NAVEX Global provides advanced compliance management tools, facilitating risk assessments and incident management. It also supports policy management, allowing quick updates and distribution. AuditBoard offers integrated audit management, dynamic risk monitoring, and real-time editing of work papers. It emphasizes ease of workflow management, facilitating seamless communication within audit processes.
Room for Improvement: NAVEX Global could improve by enhancing its user interface, expanding integration capabilities, and offering more customizable reporting options. AuditBoard might benefit from refining its pricing model, enhancing customer support response times, and expanding features for broader compliance requirements.
Ease of Deployment and Customer Service: NAVEX Global offers a straightforward deployment with strong customer support, ensuring efficient integration. AuditBoard provides a cloud-based solution, allowing for rapid setup and flexible scalability, which slightly favors organizations seeking quick implementation.
Pricing and ROI: NAVEX Global offers competitive pricing aimed at providing value for compliance-focused strategies. AuditBoard, with a higher initial investment, delivers a more substantial ROI over time due to its expansive feature set, aligning better with businesses emphasizing audit and risk management improvements.
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.
NAVEX Global’s integrated suite of proven ethics and compliance software, training and services equips organizations to identify and contain compliance risks and threats. Whether you need one solution or our full suite, our flexible, scalable solutions make ethics and compliance programs more effective—and easier to manage and measure.
More than 12,500 clients—including 95 of the Fortune 100—around the world trust us to power their ethics & compliance programs.
Top 10 Ethics & Compliance Predictions & Recommendations for 2016
Training: NAVEX Engage Online Compliance Training Video, Course Library
Visit: Navexglobal.com
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