We performed a comparison between AuditBoard and OneTrust GRC based on real PeerSpot user reviews.
Find out in this report how the two IT Vendor Risk Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."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."
"Its ability to share the data in real-time has helped us well."
"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."
"There are lots of features."
"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."
"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 valuable feature is the well-documented instruction."
"AuditBoard is very user-friendly compared to other audit management software I have used in the past."
"It does help in the automation of our privacy impact assessments."
"We receive notifications or cases and prioritize them accordingly, which helps us address issues promptly."
"As a solution for IT risks, it is a very good product."
"One of the valuable features of this solution is it has the ability to review fourth and fifth parties to the nth degree."
"Vendors can be assessed and rated out of the tool, and assessments can be scheduled for updates at certain intervals."
"The product helps us streamline audit and incident management processes."
"OneTrust GRC is stable."
"Everything is there, and I have no disadvantage to note as of now."
"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 layout for the end user could be improved."
"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."
"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."
"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."
"It is not easy to analyze the results of a survey as a whole."
"I haven't seen any return on investment using the solution. If I had the opportunity, I would use a different solution."
"There are limitations to customized workflow automation, and they need to increase both the available automation and the customized workflow."
"We encounter difficulties creating multiple platforms or interfaces and manual processes for changing certain settings."
"OneTrust GRC's workflows aren't automated and need to be manually driven."
"The product is not that easy to set up."
"They could improve by offering free help. A solution, a lot of times, is not just the use of the solution. For example, it is the overall engagement, how well do they support the system, what is their SLA, and how long their response time is to an issue. It would be beneficial if they had some type of professional services where they offer the first five hours of professional services a year for free. That would be a substantial benefit rather than having to buy professional services or professional services packages."
"The Vendor Risk dashboard is quite basic today and not interactive, but improvements are in coming the next releases."
AuditBoard is ranked 3rd in IT Vendor Risk Management with 11 reviews while OneTrust GRC is ranked 4th in IT Vendor Risk Management with 7 reviews. AuditBoard is rated 8.6, while OneTrust GRC is rated 7.6. The top reviewer of AuditBoard writes "User-friendly, simple to implement, and has lots of features". On the other hand, the top reviewer of OneTrust GRC writes "Costly solution that may not guarantee ROI, but remains effective in IT risk management ". AuditBoard is most compared with Workiva Wdesk, RSA Archer, LogicGate and IBM OpenPages, whereas OneTrust GRC is most compared with RSA Archer, ProcessUnity, Workiva Wdesk, LogicGate and Bitsight Third-Party Risk Management. See our AuditBoard vs. OneTrust GRC report.
See our list of best IT Vendor Risk Management vendors and best GRC vendors.
We monitor all IT Vendor Risk Management 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.
