AuditBoard vs MetricStream comparison

AuditBoard and MetricStream are both solutions in the GRC category. AuditBoard is ranked #6 with an average rating of 8.5, while MetricStream is ranked #9. AuditBoard holds a 7.4% mindshare in G, compared to MetricStream’s 5.4% mindshare. Additionally, 92% of AuditBoard users are willing to recommend the solution, compared to 66% of MetricStream users who would recommend it.

AuditBoard

Read 12 AuditBoard reviews

1,542 Views
799 Comparison Views

92% willing to recommend

MetricStream

Read 2 MetricStream reviews

1,055 Views
542 Comparison Views

66% willing to recommend

AuditBoard

MetricStream

Comparison Buyer's Guide

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Executive SummaryUpdated on Dec 1, 2024

MetricStream and AuditBoard are competing products offering governance, risk, and compliance solutions. MetricStream appears to have an advantage in scalability, while AuditBoard might be preferred for its intuitive design.

Features: MetricStream is recognized for its comprehensive risk management, compliance frameworks, and audit programs. It offers extensive integration capabilities suitable for complex environments. AuditBoard prioritizes ease-of-use through streamlined audit management and compliance tracking, making it less complex for users.

Ease of Deployment and Customer Service: MetricStream's deployment model supports scalability and customization, catering to intricate business processes, with a higher deployment effort ideal for larger enterprises. AuditBoard provides a straightforward deployment focusing on faster implementation, supported by prompt customer service ensuring quicker resolution times.

Pricing and ROI: MetricStream involves a substantial initial investment, delivering ROI for organizations requiring extensive compliance management by balancing complexity with value over time. AuditBoard offers cost efficiency with lower initial setup costs, promising ROI through enhanced productivity and quick deployment.

To learn more, read our detailed AuditBoard vs. MetricStream Report (Updated: April 2025).

Buyer's Guide

AuditBoard vs. MetricStream

April 2025

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Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Categories and Ranking

AuditBoard

Ranking in GRC

6th

Ranking in IT Vendor Risk Management

5th

Average Rating

8.6

Reviews Sentiment

7.3

Number of Reviews

Ranking in other categories

No ranking in other categories

MetricStream

Ranking in GRC

9th

Ranking in IT Vendor Risk Management

12th

Average Rating

8.6

Reviews Sentiment

7.3

Number of Reviews

Ranking in other categories

Continuous Controls Monitoring (12th), IT Governance (3rd)

Mindshare comparison

As of May 2025, in the GRC category, the mindshare of AuditBoard is 7.4%, up from 5.6% compared to the previous year. The mindshare of MetricStream is 5.4%, up from 3.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.

GRC

Featured Reviews

Gopichand Rajbhar

IT GRC Manager at Capgemini

User-friendly, simple to implement, and has lots of features

There are lots of features. We like the reviewer and auditor, where they support you if you want to upload evidence. At the same time the reviewer or auditor can also put their remark. The solution is user-friendly. It's easy to set up. You can easily find out how to proceed for reassessment, how to upload that evidence, and how you can put in a remark. Everything is a single console where you can easily track what you need. It's stable. The product is scalable. They provide a demo to customers to allow them to explore the tools.

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AdhishP

Practice Lead Cybersecurity at Finesse Global

Reasonably priced, stable, with out of the box deployment, and has good local support

They have now reworked it. The interface is mobile-friendly and it is getting a good response from our customers. It's a very good feature that the product offers. It is also available as a cloud option, which is getting a lot of interest from customers who are looking into the GRCC. It is very useful, especially in the solution platform. It has good features and good functionality, and our customers feel there is a lot of merit in that. I think that the portal is constantly improving. They do their own enhancements very often. They keep doing those enhancements from their site itself.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"Its ability to share the data in real-time has helped us well."

"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."

"In AuditBoard, there are all the audit steps, including documentation, archiving, and tracking the progress of audits."

"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."

"The most significant feature of AuditBoard is its community tools. It provides an internal communication platform that enables users to communicate within the system rather than relying on external tools such as Outlook or Microsoft products. By communicating within the system, all interactions are centralized and accessible, promoting a streamlined workflow."

"The most valuable feature is that everybody can use the same tool. You can give a person permission to use AuditBoard and define their access to the Audit Table. For example, we can allow external auditors or clients to review our completed tests. The clients are attached to specific tests that happen regularly, like inventory counts and asset counts. Debt compliance is only done once annually."

"For AuditBoard, the simple workflow made it very easy to code with the group."

"AuditBoard has several solutions for governance, internal audit, and other categories."

More AuditBoard pros

"Key features are usability and ease of configuration. It allows us to have all the information in a single place and provide real-time indicators and information for our executives."

"The interface is mobile-friendly and it is getting a good response from our customers."

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."

"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."

"A handful of things in the solution need to be improved. One of them is better communication of updates to the system or tool itself."

"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."

"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."

"AuditBoard is overly simple in some instances and there needs to be flexibility to make it more robust."

More AuditBoard cons

"I would like to see out-of-the-box integration with more security, it would be helpful."

"We would like to have more dashboards and reports, such as geographical and trend reports in the next version. Also, an improvement in the mobile version would be helpful."

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."

"They are flexible in terms of customers' needs."

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Top Industries

By visitors reading reviews

Financial Services Firm

13%

Computer Software Company

Government

Manufacturing Company

Educational Organization

28%

Financial Services Firm

19%

Computer Software Company

Non Profit

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about AuditBoard?

It consolidates the E2E process in one single solution, and in a very user friendly environment.

See all answers

What needs improvement with AuditBoard?

AuditBoard is overly simple in some instances and there needs to be flexibility to make it more robust. For IBM OpenPages, the reporting can be more robust as the summary report on each of the modu...

See all answers

What is your primary use case for AuditBoard?

I used AuditBoard primarily for risk assessment questionnaires in a very premature risk environment. I also have experience with IBM OpenPages, mostly for operational risk to track issues, to look ...

See all answers

What are the main differences between RSA Archer, MetricStream and IBM OpenPages?

RSA Archer, IBM OpenPages and MetricStream are the top GRC software solutions in the market today. Out of the 3, IBM OpenPages has a slightly upper hand as IBM has come up with powerful Artificial ...

See all answers

Comparisons

Workiva Wdesk vs AuditBoard

Compared 39% of the time

RSA Archer vs AuditBoard

Compared 25% of the time

OneTrust GRC vs AuditBoard

Compared 22% of the time

LogicGate vs AuditBoard

Compared 7% of the time

ServiceNow Vendor Risk Management vs AuditBoard

Compared 7% of the time

More AuditBoard Competitors

RSA Archer vs MetricStream

Compared 52% of the time

IBM OpenPages vs MetricStream

Compared 33% of the time

Workiva Wdesk vs MetricStream

Compared 9% of the time

OneTrust GRC vs MetricStream

Compared 6% of the time

More MetricStream Competitors

Product Reports

Buyer's Guide

AuditBoard

April 2025

Download AuditBoard product report

Buyer's Guide

GRC

March 2025

Download MetricStream product report

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.

AuditBoard

Provides advanced capabilities such as risk calculators and risk heat maps for risk analysis and monitoring.

MetricStream

Sample Customers

Information Not Available

Federal Home Loan Bank of Chicago, ACCO Brands Corporation, AgFirst Farm Credit Bank, AIB International, Associated Banc-Corp, BAE Systems, Barclaycard, Dell Inc, DIRECTV, Energizer, Fresenius Kabi, Hasbro, Goodyear, HudsonCity Savings Bank, Infigen Energy, Kaydon, Leroy Merlin, Mountry Financial Corp., Nicholas Piramal, Pepco, Pfizer, Societe Generale, Whitney Bank

Buyer's Guide

AuditBoard vs. MetricStream

April 2025

Free Report: AuditBoard vs. MetricStream

Find out what your peers are saying about AuditBoard vs. MetricStream and other solutions. Updated: April 2025.

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