Company Research Report: AuditBoard Inc.

Company Overview

• Name: AuditBoard Inc.

• Mission: AuditBoard is transforming the management of risk by elevating audit, risk, IT security, and ESG programs with an intelligent, collaborative risk management platform.

• Founded: AuditBoard was initiated by former enterprise audit, risk, and compliance professionals, although specific founding dates and founders’ names are not available. The ambition was to move away from manual processes like managing internal controls and navigating through spreadsheets.

• Key People:

• Justin Greenberger - Chief Customer Officer

• Headquarters: No information is available.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: AuditBoard is known for its leading cloud-based platform which supports audit, risk, ESG (Environmental, Social, Governance), and InfoSec (Information Security) management. It is utilized by over 50% of the Fortune 500 companies.

Products

AuditBoard offers a diverse range of products as part of its connected risk platform:

1. SOXHUB

• Description: A tool for SOX and internal control management.

• Key Features:

• Real-time insight via dashboards.

• Automate administrative tasks related to SOX compliance.

• Streamlined documentation consistency.

2. OpsAudit

• Description: Internal audit management software for efficient audit planning, fieldwork, and reporting.

• Key Features:

• Centralized audit project management.

• Real-time visibility on audit activities and issue reporting.

• Template-based audit processes.

3. CrossComply

• Description: Compliance management software to manage IT risk and compliance programs.

• Key Features:

• Streamlined gap assessments and evidence collection.

• Dynamic reporting capabilities.

• Integration-friendly architecture.

4. RiskOversight

• Description: Enterprise Risk Management software.

• Key Features:

• Increased risk visibility through dashboards.

• Automated risk assessments and action plan management.

• Centralized risk management data.

5. ESG

• Description: Environmental, Social, and Governance management program.

• Key Features:

• Streamlined ESG reporting and disclosures.

• Centralized ESG data collection.

• Engage stakeholders efficiently.

6. TPRM (Third-Party Risk Management)

• Description: Manage and mitigate third-party risks.

• Key Features:

• AI-powered vendor assessments.

• Centralized tracking of third-party risks.

• Integrated automation workflows.

7. ITRM (IT Risk Management)

• Description: Comprehensive IT risk management software.

• Key Features:

• Real-time IT risk insights.

• Centralized asset assessments.

• Strategic investment insights.

Recent Developments

• Recent Developments:

• Launch of powerful AI capabilities.

• AuditBoard was recognized as one of the top 100 B2B Apps, worldwide.

• Partnerships with Protiviti to streamline audit lifecycle management.

• Expanding AI capabilities to define the future of audit, risk, and compliance.

• New Products Launched: No specific information available regarding new standalone products.

• New Features of Existing Products:

• Integration with AI to automate vendor assessments.

• Enhanced real-time insights and reporting capabilities.

• Partnerships:

• Collaboration with Protiviti to streamline audit processes.

• Diverse alliance partners in the audit and consulting industry to enhance services provided to clients.

This report summarizes the available data on AuditBoard Inc., focusing on aspects of its business operations, product offerings, and recent initiatives within the company.