AuditBoard vs Methodware Kairos comparison

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AuditBoard Logo
1,252 views|568 comparisons
92% willing to recommend
Methodware Logo
67 views|40 comparisons
100% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between AuditBoard and Methodware Kairos based on real PeerSpot user reviews.

Find out in this report how the two GRC solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed AuditBoard vs. Methodware Kairos Report (Updated: May 2024).
771,346 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The most valuable feature is the well-documented instruction.""Considering the solution's return on investment, it has been extremely helpful since we were doing a lot of documentation. Previously, in our company, we were using an Excel sheet which made things quite messy.""I find the most significant elements of this solution are the out-of-the-box reporting, the ease of workflow, workflow management, and the ease of managing our audit process.""There are lots of features.""AuditBoard is very user-friendly compared to other audit management software I have used in the past.""Its ability to share the data in real-time has helped us well.""In AuditBoard, there are all the audit steps, including documentation, archiving, and tracking the progress of audits.""The most valuable feature of AuditBoard is its ability to facilitate the editing of work papers in a seamless and efficient manner. This is achieved through a built-in tool that allows for real-time editing without the need for downloading the working paper. This feature has proven to be incredibly time-saving for me as it eliminates the step of having to download the file and make changes, instead providing an easy-to-access "edit work paper" option. Overall, this feature has greatly improved my experience with AuditBoard and has been a significant contributor to its success in my opinion."

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"The most valuable feature is the ability to import and export using industry standards like XMI and XML metadata interchange managing the data in and data out."

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Cons
"The layout for the end user could be improved.""After sending out a request to my network for documents, it would be great to have a receipt that shows who received the request and who did not.""They should improve the solution's test sheets feature for ease of use.""The initial setup is somewhat difficult because it has multiple pieces that need to be stitched together. You have to integrate it with the business unit you want to test if you want to go down from the corporate level to the operational level.""Everything is there, and I have no disadvantage to note as of now.""AuditBoard has the potential for improvement in a few key areas. Firstly, I have experienced instances where the platform has experienced technical issues and ceased to function effectively. Additionally, the editing tools provided within the platform can be slow and laggy, particularly when trying to access and edit important documents. This can be a hindrance to my workflow and efficiency. To address these issues, they should begin by improving the speed and reliability of the platform, as well as enhancing the search engine to make it easier to find specific controls and documents within the platform.""Some of that flexibility could be enhanced. When comparing Archer and TeamMate+, there is a little more open-ended in terms of certain of our audit processes and procedures. And there is significantly greater freedom in creating ad hoc audit processes and procedures, whereas AuditBoard is a little more limiting in this regard.""AuditBoard could benefit from the addition of video capabilities, although it is not a necessity. Small companies that cannot afford licenses for Microsoft Teams or Zoom would benefit greatly from this feature, as it would enhance the communication process."

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"We are currently working on making Essence one hundred percent compliant and we are not there yet."

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Pricing and Cost Advice
  • "Pricing is variable, like with any technology, and is determined by how hard you wish to negotiate. You can get to a price you're willing to pay if you're willing to negotiate aggressively."
  • "I highly recommend this tool as the price is reasonable. However, consistent pricing is important, and having a loyalty program that rewards long-term customers with lower prices would be a great addition."
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    Information Not Available
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    Questions from the Community
    Top Answer:It consolidates the E2E process in one single solution, and in a very user friendly environment.
    Top Answer:I believe the license is based on the number of key controls that will be tested regularly. You can also pay extra for additional modules, like risk testing and operational audits, etc.
    Top Answer:The layout for the end user could be improved for the control owners and people from whom I request information. If you have a good knowledge of internal auditing, you know there are internal controls… more »
    Top Answer:The most valuable feature is the ability to import and export using industry standards like XMI and XML metadata interchange managing the data in and data out.
    Top Answer:We are currently working on making this software 100% compliant with the main method standard in the industry, i.e. “Essence”.
    Top Answer:We use the Kairos GRC solution to integrate GRC methods in various consultancy offerings.
    Ranking
    2nd
    out of 86 in GRC
    Views
    1,252
    Comparisons
    568
    Reviews
    11
    Average Words per Review
    847
    Rating
    8.6
    16th
    out of 86 in GRC
    Views
    67
    Comparisons
    40
    Reviews
    1
    Average Words per Review
    330
    Rating
    8.0
    Comparisons
    Also Known As
    Kairos
    Learn More
    Methodware
    Video Not Available
    Overview

    AuditBoard is the leading cloud-based platform transforming audit, risk, and compliance management. More than 35% of the Fortune 500 leverage AuditBoard to move their businesses forward with greater clarity and agility. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the fourth year in a row as one of the fastest-growing technology companies in North America by Deloitte. To learn more, visit: AuditBoard.com.

    Kairos is a fully integrated and comprehensive governance, risk and compliance solution
    Sample Customers
    Information Not Available
    Global Insurance Syndicate
    Top Industries
    REVIEWERS
    Manufacturing Company44%
    Non Profit22%
    Energy/Utilities Company11%
    University11%
    VISITORS READING REVIEWS
    Computer Software Company15%
    Financial Services Firm12%
    Government10%
    Manufacturing Company10%
    No Data Available
    Company Size
    REVIEWERS
    Small Business18%
    Midsize Enterprise27%
    Large Enterprise55%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise18%
    Large Enterprise64%
    No Data Available
    Buyer's Guide
    AuditBoard vs. Methodware Kairos
    May 2024
    Find out what your peers are saying about AuditBoard vs. Methodware Kairos and other solutions. Updated: May 2024.
    771,346 professionals have used our research since 2012.

    AuditBoard is ranked 2nd in GRC with 11 reviews while Methodware Kairos is ranked 16th in GRC with 2 reviews. AuditBoard is rated 8.6, while Methodware Kairos is rated 9.0. The top reviewer of AuditBoard writes "User-friendly, simple to implement, and has lots of features". On the other hand, the top reviewer of Methodware Kairos writes "Meeting industry standards now and for the future, straightforward setup, with reliability ". AuditBoard is most compared with Workiva Wdesk, OneTrust GRC, RSA Archer, IBM OpenPages and LogicGate, whereas Methodware Kairos is most compared with . See our AuditBoard vs. Methodware Kairos report.

    See our list of best GRC vendors.

    We monitor all GRC reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.