Latest AuditBoard Capabilities Enable Users to Automate Each Step in Their Connected Risk Program
Each quarter, we highlight key capabilities released by AuditBoard. We’ve collected a summary of key features released in Q1 2023 , with the opportunity to learn more about additional product releases in the AuditBoard Help Center.
Enhanced Connected Risk Platform
Gain more insight into your risk posture with new features like Risk & Control Self-Assessment (RiskOversight), which allows users to assess individual controls against operational risks to more easily identify control weaknesses and gaps, and Financial Application Inventory Pages (SOXHUB), which consolidates and standardizes application information across the platform for better visibility and analysis of financial application impact.
More Automation
Do more with fewer resources by taking advantage of new automation features like Audit Form Scoring (OpsAudit), which allows users to implement a scoring methodology to automatically summarize survey results and focus follow-up activities on areas of concern, Recurring Policy Reviews (CrossComply) for automated reminders to ensure policies are initiated and reviewed in a timely manner, and Automated Evidence Collection (Platform) to pull data directly from source systems — no coding knowledge required!
Increased Collaboration
Enable more accurate issue tracking, reporting, and actionable next steps with two new issue workflow statuses — Draft and Canceled (Platform), Jira enhancements (Platform) to increase engagement with stakeholders who prefer to collaborate in Jira, and a new Work Step Preparer Digest (OpsAudit) that can be sent on a periodic basis to remind preparers of upcoming tasks while reducing email fatigue.
In Case You Missed It
End users can also automatically send questionnaires to vendors based on criticality or risk level (TPRM), customize emails to vendors (TPRM), render issue and action plan information in full page view (Platform), take new AuditBoard Academy courses, and much more.
AuditBoard customers — click here to learn about even more product features now available to you as of Q1 2023.
Want to see these features and more in action? Schedule a personalized demo with an AuditBoard product expert.
