AuditBoard Named Market Leader in GRC and Audit Management Software in G2 Summer 2021 Report

Innovative Risk Management Platform Recognized by Customers for Unique Combination of Power and Usability

LOS ANGELES--(BUSINESS WIRE)--AuditBoard, the innovative cloud-based platform transforming how enterprises manage risk, today announced it once again has been rated as a Market Leader in both the GRC Platform and Audit Management Summer 2021 Grid Reports from G2.com, Inc. AuditBoard has now been the top-rated Audit Management solution for seven straight quarters, and has also been named Leader in GRC for six consecutive quarters. In addition, AuditBoard’s intentional approach to purpose-built product design has led to the platform’s seventh consecutive quarter with a Best Usability ranking.

AuditBoard’s sixth consecutive ranking as a GRC Leader follows the company’s recent announcement of CrossComply, an award-winning information security compliance and information technology risk solution that enables enterprises to easily manage risk and compliance related to regulations, contractual obligations, and certifications — including SOC, ISO, PCI, NIST, GDPR, CMMC, and more. One of four solutions available within AuditBoard’s integrated risk management platform, CrossComply allows organizations of all sizes to streamline and simplify their IT risk and compliance programs.

"We're honored that our customers continue to be delighted by the power and usability of our platform, which we purpose-built with their needs top of mind," said John Reese, AuditBoard’s Chief Marketing Officer. “In today’s dynamic risk environment we’re relentlessly committed to our mission of creating innovative solutions that enable audit, risk, and compliance teams to protect and add strategic value to their organizations.”

The continued recognition of AuditBoard as a top GRC and Audit Management platform comes as audit, risk, and compliance professionals are increasingly turning towards technology to address an accelerating proliferation of challenges confronting them — including a string of costly and damaging cyberattacks, ongoing supply chain concerns, and rising Environmental, Social, and Governance (ESG) risks — as the economy begins to open up after 15 months of pandemic-related restrictions.

In response, 61% of CIOs are planning to increase their investment in IT security solutions like CrossComply in 2021, according to Gartner, while a study by the Internal Audit Foundation and AuditBoard found that 22% of internal audit teams plan to implement cloud-based audit management or GRC software over that same time period.

To receive a complimentary copy of the full G2 Grid Report for GRC, visit AuditBoard.com.

About AuditBoard

AuditBoard is the leading cloud-based platform transforming how enterprises manage risk. Its integrated suite of easy-to-use audit, risk, and compliance solutions streamlines internal audit, SOX compliance, controls management, risk management, and security compliance. AuditBoard’s clients range from prominent pre-IPO to Fortune 10 companies looking to modernize, simplify, and elevate their functions. AuditBoard is a market leader in audit management and GRC software on G2, and was recently ranked for the second year in a row as one of the 100 fastest-growing technology companies in North America by Deloitte. For more information: www.auditboard.com.

About G2

G2, the world’s leading business solution review platform, leverages more than 1M+ user reviews to drive better purchasing decisions. Business professionals, buyers, investors, and analysts use the site to compare and select the best software and services based on peer reviews and synthesized social data. Every month, more than three million people visit G2’s site to gain unique insights.