AuditBoard’s mission is to serve as the category-defining global platform for connected risk, with a goal of elevating its customers through innovation. The company aims to revolutionize how enterprises manage their audit, risk, and compliance programs by providing purpose-built solutions. AuditBoard’s objective is to help organizations automate and streamline these functions, connecting teams, stakeholders, and data within a single, collaborative platform.
AuditBoard has established a strong market reputation as a leading provider of cloud-based audit, risk, and compliance management software. The company is trusted by a significant number of enterprises, including more than 50% of the Fortune 500. Its platform is recognized for being user-friendly, which facilitates easier adoption across teams. AuditBoard is frequently rated highly by customers on various software review platforms for its comprehensive features and effective customer support. The company is considered a market leader in the governance, risk, and compliance (GRC) space.
Offerings, Capabilities, and Integrations
AuditBoard provides a cloud-based platform designed to help enterprises manage risk, compliance, and audit processes. Its modern connected risk platform elevates audit, risk, ESG, and compliance teams by providing a centralized and collaborative medium for risk management. This platform streamlines interactions across these programs and utilizes a single record system to connect data, which allows for real-time reporting and holistic risk management strategies. AuditBoard’s competitive edge lies in its ability to automate administrative tasks, reducing manual oversight of governance, risk, and compliance. The platform’s integrations with various data, storage, and cloud-computing platforms enhance its capabilities and contribute to its reputation as a top-rated audit management and GRC software.
The platform is built around a unified data core that centralizes an organization’s risks, controls, policies, frameworks, and issues. This is supported by capabilities such as collaboration tools, automation, a workflow engine, business intelligence, and an extensible integration layer. AuditBoard also incorporates artificial intelligence to automate manual tasks, create reports, and connect data sources to provide industry-trained intelligence. Recently, AuditBoard announced new AI-driven solutions, including Generative AI Integrations, to further enhance data quality, streamline workflows, and accelerate risk and audit processes.
Products and Services
AuditBoard’s suite of products is designed to address various aspects of risk and compliance management. These offerings are built on its connected risk platform and are tailored to specific needs within an organization.
- SOXHUB: This product is designed to simplify Sarbanes-Oxley (SOX) and internal control compliance. It automates administrative tasks and provides real-time insights through visual dashboards and reports.
- OpsAudit: A solution for internal audit management, OpsAudit helps teams to schedule and manage resources against audits. It provides visibility into resource allocation and allows for quick adjustments.
- CrossComply: This product helps to streamline compliance and risk management processes by centralizing and simplifying compliance controls.
- RiskOversight: This offering enables organizations to manage risk and compliance more effectively by providing a comprehensive view of risk across the enterprise.
- TPRM (Third-Party Risk Management): This tool helps to manage third-party risk by organizing vendor inventory and providing real-time data insights.
- ESG (Environmental, Social, and Governance): AuditBoard provides ESG program management software that centralizes ESG data and streamlines reporting and disclosures.
- ITRM (IT Risk Management): This solution is focused on managing IT-related risks and ensuring compliance with IT standards.
- RegComply: A newer offering designed to help organizations navigate the complexities of regulatory compliance.
In addition to its core products, AuditBoard offers platform capabilities such as Analytics, AuditBoard AI, and numerous integrations with other software and platforms to automate workflows and enhance data analysis.
Target Customers
AuditBoard’s target customers are typically large enterprises with complex audit, risk, and compliance needs. Organizations in highly regulated industries such as finance, healthcare, technology, energy, and manufacturing are common clients. The platform is utilized by internal audit, risk, and compliance teams to improve efficiency, collaboration, and visibility across their organizations. AuditBoard’s customer base includes companies ranging from pre-IPO to Fortune 500 companies. The majority of its customers are large enterprises with over 1,000 employees, with a significant portion having over 10,000 employees.
These customers benefit from AuditBoard’s solutions by gaining a unified view of risk across their entire organization. The platform helps them to move from manual, email-based processes to a more automated and centralized system, which saves time and improves data access and transparency. By leveraging AuditBoard, companies can enhance their decision-making, drive more efficient stakeholder engagement, and reduce the time spent on evidence collection. Ultimately, AuditBoard’s platform helps organizations to not only manage risk and compliance effectively but also to leverage these functions as a strategic advantage.
Cloud Integrations and Marketplaces
AuditBoard offers a range of cloud integrations to connect its audit, risk, and compliance platform with other systems. AuditBoard is hosted on Amazon Web Services (AWS), although it is not listed on the AWS Marketplace.
AuditBoard has a presence on the Microsoft Azure Marketplace. This integration allows for the use of Microsoft Entra ID to manage user access and enable single sign-on with AuditBoard.
Key cloud integrations for AuditBoard include:
- Collaboration Tools: AuditBoard integrates with Microsoft Teams, Slack, Google Drive, and Microsoft Office, enabling users to receive real-time notifications and manage documents within these applications.
- Ticketing and Project Management Systems: AuditBoard connects with Jira, ServiceNow, and Azure DevOps to automate the creation of tickets and track incidents.
- BI and Visualization Tools: The platform integrates with Power BI and Tableau, allowing for the connection of AuditBoard data for advanced analysis and the creation of custom dashboards.
- ERP and HRIS Systems: AuditBoard can integrate with platforms such as Oracle NetSuite, Workday, and Paylocity to automate the collection of evidence and streamline auditing and testing processes.
AuditBoard is not listed on the Google Cloud Marketplace.
Key People
- President & CEO: Scott Arnold
- Co-Founder & Co-Chair of the Board: Daniel Kim
- Co-Founder & Co-Chair of the Board: Jay Lee
- Chief Financial Officer: Josh Harding
- Chief Product Officer: Brian Crofts
- Chief Revenue Officer: Tom Schmit
- Chief Marketing Officer: John Reese
- Chief Customer Officer: Chris Doell
- Chief Human Resources Officer: Jeff Harper
- Chief Growth Officer: Jim Sperduto
- General Counsel: Anthony Plachy
- Chief Information Security Officer: Richard Marcus
Key Facts
- Headquarters: Cerritos, California, United States.
- Number of Employees: Approximately 932.
- Annual Revenue: Surpassed $300 million in annual recurring revenue.
- Parent Company: Hg.
- Subsidiary Companies: AuditBoard UK Ltd., AuditBoard Canada.
- Publicly Listed: No.
Analyst Recognition
Gartner recognizes AuditBoard in several technology categories. AuditBoard was named a 2024 Gartner Peer Insights™ Customers’ Choice for Audit Management Solutions. Gartner also includes AuditBoard as a Representative Vendor in the 2025 Market Guide for Third-Party Risk Management Technology Solutions.
IDC has positioned AuditBoard as a Leader and a Major Player in multiple assessments. AuditBoard is named a Leader in the IDC MarketScape: Worldwide Governance, Risk, and Compliance Software 2025 Vendor Assessment. Additionally, IDC recognizes AuditBoard as a Major Player in the IDC MarketScape for both Worldwide Sustainability Management Platforms 2025 and Worldwide ESG Reporting and Compliance Management Applications 2025.
Forrester has identified AuditBoard in its research. AuditBoard is named a Notable Vendor in Forrester’s Third-Party Risk Management Platforms Landscape report.
There is no information available from the Everest Group regarding analyst recognition of AuditBoard.
