AuditBoard vs. Ideagen Internal Audit

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AuditBoard
Score 7.9 out of 10
N/A
AuditBoard is a cloud-based audit management software solution from the company of the same name in Cerritos.N/A
Ideagen Internal Audit
Score 7.3 out of 10
N/A
Ideagen Internal Audit (formerly known as Pentana Audit) is a SaaS or on-premise platform that gives users oversight and control of internal audit activity. It is used to limit a company’s exposure to risk, and to provide assurance through a complete audit management workflow.N/A
Pricing
AuditBoardIdeagen Internal Audit
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AuditBoardIdeagen Internal Audit
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
AuditBoardIdeagen Internal Audit
User Ratings
AuditBoardIdeagen Internal Audit
Likelihood to Recommend
8.0
(0 ratings)
7.3
(0 ratings)
Usability
-
(0 ratings)
7.3
(0 ratings)
Support Rating
-
(0 ratings)
7.3
(0 ratings)
User Testimonials
AuditBoardIdeagen Internal Audit
Likelihood to Recommend
AuditBoard is a great platform for our organization because it allows real-time collaboration between the owners and auditors, plus it is very user-friendly. A couple of the features I love are the view that can be tailored by individual users and the dashboard that allows you to easily check the status of different projects.
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Easy to use and can be customized at certain level[s] based on the organizational requirements. Availability of customized report[s] and metadata to be included in the report generation. Comprehensive risk assessment module and questionnaire tracking for the audit feedback. Centralized directory to store the data and share across the audit department or with specific auditor.
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Pros
  • Allows line of business managers to review and report SOX control status/changes which automatically update the controls in the related narratives.
  • Shows status of work.
  • Exports system data to Excel to create many helpful reporting possibilities.
  • Organizes audit tasks and information.
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  • Centralized database.
  • 24x7 availability to business and audit.
  • Risk assessment.
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Cons
  • It would be nice if AuditBoard had more audit templates available for use on Ops Audit.
  • More timely updates for all users on their new features and release notes.
  • More CPE training and round tables for the users.
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  • Dashboard Reports.
  • Reports to be tagged with audit plan instead of audit dates.
  • Alert notification.
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Usability
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Easy to use and reliable, and audit and business users are extensively using the system.
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Support Rating
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Pentana Audit team is very much supporting and have centralized ticketing system with trail of correspondence for the resolution of the issue. Follow-up emails, WebEx session to understand the real issue and provide the appropriate solution timely.
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Alternatives Considered
Auditboard is a unique product that is primarily used for audit and internal controls which made it the best alternative. It provides a way to organize a large amount of testing working papers, provides efficient workflow, and can provide dashboards/reporting statistics to enhance internal audit and internal controls. In addition, this product is extremely useful to communicate with clients when sending out PBC requests and communicating control deficiencies
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No answers on this topic
Return on Investment
  • Hard to quantify. It was cheaper than the tool we had and we were able to get rid of standalone tool for surveys. overall, just better user experience for all.
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  • Ease of tracking.
  • Availability of historic data anytime.
  • Audit trail of the whole audit.
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ScreenShots

Ideagen Internal Audit Screenshots

Screenshot of Screenshot of where to execute audits with step-by-step guidance that link to any methodology including the new IIA standards and agile sprints.Screenshot of Screenshot of a dashboard of a company’s performance against strategic objectives.