New AuditBoard Capabilities Released to Deliver More Value With ITRM & Other Innovations

Each quarter, we highlight key capabilities released by AuditBoard. We’ve collected a summary of key features released in Q3 2023, with the opportunity to learn more about additional product releases in the AuditBoard Help Center.

Introducing AuditBoard ITRM

AuditBoard’s IT Risk Management (ITRM) solution enables IT risk and compliance leaders to identify, prioritize, and mitigate their most critical IT risks. With AuditBoard ITRM, teams can streamline asset assessments, identify and prioritize evolving threats, and easily quantify IT risk to demonstrate ROI and drive strategic investments by the C-suite and board. 

Increased Efficiency

Enable more granular, location-specific data collection in different units of measure while simplifying the aggregation of reportable metrics with ESG’s Conversion Factors and Location Management. We’ve also made it easier for business users to submit and assess new risks outside of formal assessment periods with RiskOversight’s Risk Intake form. 

Additionally, OpsAudit customers can take advantage of Draft Audits to easily create and manage a list of future audit considerations within Audit Planning and seamlessly move them in bulk from draft to inactive status (Note: A limited version of Audit Planning is now available for Professional subscriptions!). Click here to learn more. 

Greater Precision

Automatically assess program maturity against an established framework based on target and actual metrics in CrossComply with Maturity Assessments. Map related vendors, products, and fourth parties to each other in TPRM with Vendor Relationships to automatically aggregate risk scores in a single view. This feature, along with our SecurityScorecard (SSC) Integration, which automatically displays SSC risk scores and grades in TPRM for SSC subscribers, enables teams to better understand vendor health and impact when issues are identified. Click here to learn more.

Other Product Updates

• Learn about all major features launching this quarter, such as new Action Plan date fields and Policy Management enhancements, by reading the latest edition of the AuditBoard Advisor in the Help Center.
• Interested in seeing these features in action? Join Community Office Hours on Wednesday, August 9 at 9 AM PT for live demos and to ask questions about newly released features. Register today!
• Want to receive an email notification as new features are released? Follow Release Notes in the Help Center! We recently updated the format and content to help you better understand new innovations.
• Our Product team is looking for feedback! If you’re a SOXHUB user or interested in integrating AuditBoard with ServiceNow, please take this five-question survey.