AuditBoard vs. RiskLens

AuditBoard

24 Reviews and Ratings

RiskLens

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
AuditBoard	Score7.9 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
RiskLens	N/A	N/A	RiskLens is a software & professional services company helping cyber risk leaders build programs that manage cybersecurity risk from the business perspective. Companies can use RiskLens to understand their cyber risk exposure in financial terms, prioritize their risk mitigations, measure the ROI of their security investments, and optimize their cyber insurance coverage. RiskLens is built on FAIR, the standard quantitative model for information security and operational risk.	N/A

Pricing

AuditBoard

RiskLens

No answers on this topic

No answers on this topic

Pricing Offerings
AuditBoard	RiskLens
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

No setup fee

No setup fee

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Community Pulse
Key User Insights
	AuditBoard	RiskLens
Considered Both Products	AuditBoard No answer on this topic	RiskLens No answer on this topic
	Would buy again
	100% Would buy again 10 Answers	No answers on this topic
	Delivers good value for the price
	100% Delivers good value for the price 10 Answers	No answers on this topic
	Happy with the feature set
	100% Happy with the feature set 10 Answers	No answers on this topic
	Lived up to sales and marketing promises
	100% Lived up to sales and marketing promises 9 Answers	No answers on this topic
	Implementation went as expected
100% Implementation went as expected 9 Answers	No answers on this topic

User Ratings
	AuditBoard	RiskLens
Likelihood to Recommend	8.0 (10 ratings)	- (0 ratings)

User Testimonials
	AuditBoard	RiskLens
Likelihood to Recommend	AuditBoard No answers on this topic	RiskLens No answers on this topic
Pros	AuditBoard No answers on this topic	RiskLens No answers on this topic
Cons	AuditBoard We used to perform our Risk Control Analysis (RCA) for each audit's planning in an Excel spreadsheet. Once we purchased the Risk Oversight module, AuditBoard helped us convert the RCA to a system function rather than a spreadsheet. At first, we lost some of the functionality the spreadsheet provided, but AuditBoard did continue to help us build and work towards a solution more similar to what we previously had. Though happy with it, it's still not perfect. As one example, I'd like to be able to link actual Ops Audit work steps that cover the risk and controls being outlined in the RCA, rather than just adding a comment to state which steps cover them. More of a preference, I suppose. I also had demoed their beta Resources and Scheduling module, but it didn't have enough functionality at the time to work for how we put the quarterly Internal Audit schedule together (using Excel). One thing I recall was that you couldn't pull in SOX controls or non-chargeable work (such as education or administration) to auditor's schedules; it was meant to schedule the Ops Audits only. It is possible they have already fixed or improved this; I just haven't seen the updated version. Incentivized Courtney Sheff Senior Internal Audit Manager Read full review	RiskLens No answers on this topic
Alternatives Considered	AuditBoard I remember there were a lot of sync issues when I used the internally developed software, but that's probably because a few people were working on the same project at the same time. I have not come across this issue in AuditBoard Incentivized Phoebe Zheng Internal Auditor Read full review	RiskLens No answers on this topic
Return on Investment	AuditBoard 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. Incentivized Mark Schiff Manager of Internal Audit Read full review	RiskLens No answers on this topic
ScreenShots