AuditBoard vs Workiva

by Gralio Mar 10, 2025

AuditBoard and Workiva cater to distinct needs within risk management. AuditBoard offers a broader risk management approach, while Workiva excels in reporting and disclosure management, especially for financial and ESG reporting.

At Gralio.ai we help to simplify your decision-making process by offering detailed, side-by-side software comparisons like this one, to help you confidently choose the tool that aligns with your business goals.

This comparison was created by analysing 2413 reviews and 60 websites, saving 13 hours, 54 minutes of reading.

AuditBoard

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Workiva

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About

AuditBoard is a risk management software platform for large companies in various industries. It helps businesses manage audits, compliance requirements, and different types of risks all in one system. AuditBoard aims to improve efficiency by automating tasks, providing a central hub for all risk-related information, and encouraging collaboration between teams. It's highly rated by users for its ease of use and effectiveness in managing complex organizational risks.

Workiva is a cloud-based software platform designed to help mid-sized to large companies manage complex reporting and disclosure tasks. It brings together data, processes, and teams in one place for financial reporting, ESG (environmental, social, and governance) reporting, and GRC (governance, risk management, and compliance). This helps eliminate errors, improve transparency, and ensure everyone is working with the most up-to-date information.

Summary

Main difference

AuditBoard is a comprehensive risk management platform best suited for managing various risks, including SOX compliance, operational audits, and IT risk. Workiva focuses on simplifying complex reporting and disclosure tasks, particularly for financial reporting, ESG, and GRC.

Relative strengths of AuditBoard (compared to Workiva)

Stronger focus on risk management across various types.
Provides features like task management, photo evidence, and customizable checklists for efficient audit execution.
Highly rated for ease of use and effectiveness in managing complex risks.

Relative weaknesses of AuditBoard (compared to Workiva)

Less emphasis on financial reporting compared to Workiva.
Users report difficulties with customizing reports and a steep learning curve.
Some users experience syncing issues and limited ability to edit uploaded documents.

Who should use AuditBoard VS. Workiva

AuditBoard is a centralized risk management platform ideal for large, publicly traded companies. Users praise its intuitive interface, automated workflows, and robust SOX compliance features. However, some find the reporting customization and initial learning curve challenging. Consider AuditBoard if your company needs a comprehensive solution for managing audits, compliance, and risk in a collaborative environment.

Workiva is a cloud-based platform simplifying complex reporting for mid-sized to large companies. Users praise its real-time collaboration and automated workflows, while some note slow performance and limited offline access. It streamlines financial, ESG, and GRC reporting, connecting data and teams for improved accuracy and transparency.

Best for medium to large enterprises (1001+ employees) seeking enhanced risk management and SOX compliance.
Suitable for most industries, especially those with complex regulatory requirements.

Best for medium to large enterprises (101+ employees) seeking streamlined reporting.
Ideal for finance, manufacturing, transportation, software, energy, marketing, and professional services.

AuditBoard and Workiva features

Supported

Partially supported

Not supported

Type in the name of the feature or in your own words tell us what you need

Reporting

Supported

AuditBoard allows creating and sharing reports to track progress and identify bottlenecks.

Supported

Workiva allows creating and sharing reports to track progress and identify bottlenecks.
Assured Integrated Reporting

Partially supported

AuditBoard supports integrated reporting and automates tasks, simplifying complex reporting.

Supported

Workiva supports assured integrated reporting by connecting various reporting functions and simplifying complex tasks.
Connected Data and ESG Integration

Partially supported

AuditBoard supports ESG reporting and integrates various risk management functions, but direct financial data integration for ESG reporting isn't explicitly confirmed.

Supported

Workiva connects financial and ESG data for unified reporting and analysis.
Automated Financial Reporting

Not supported

AuditBoard does not directly offer automated financial reporting as described.

Supported

Workiva automates financial reporting tasks from connected data sources, reducing errors and saving time.
Customizable checklists

Supported

AuditBoard allows creating custom audit programs and provides resources like downloadable audit planning checklists adaptable to specific needs, supporting various industries including Cloud Data and Network Security, GRC, Procurement, and Energy and Green Energy.

Supported

Workiva supports custom checklists via custom fields and lists.
Photo evidence

Supported

AuditBoard allows attaching photos as evidence to support audit findings.

Not supported

Photo evidence is not mentioned in the documentation.

Qualities

Value and Pricing Transparency

-0.53

Rather negative sentiment

-0.6

Rather negative sentiment
Customer Service

+0.64

Rather positive sentiment

+0.71

Strongly positive sentiment
Ease of Use

+0.79

Strongly positive sentiment

+0.64

Rather positive sentiment
Reliability and Performance

+0.38

Rather positive sentiment

-0.01

Neutral sentiment
Ease of Implementation

-0.26

Neutral sentiment

-0.31

Rather negative sentiment
Scalability

+0.18

Neutral sentiment

+0.69

Rather positive sentiment

AuditBoard and Workiva Pricing

No data

User sentiment

Rather negative

-0.53

We couldn't find a pricing page for AuditBoard.

No data

See full Pricing page

AuditBoard and Workiva review insights

2413 reviews analysed from and

Users love

Centralized platform for SOX, operational audits, and risk management.
User-friendly interface and intuitive navigation.
Automated workflows and reminders for PBC requests and issue management.
Customizable templates and fields for audits and risk assessments.
Strong customer support and helpful resources.

Real-time collaboration and multiple users editing simultaneously is highly praised.
Linking data between documents ensures consistency and reduces manual updates.
User-friendly interface, similar to Microsoft Word and Excel, makes it easy to learn.
Strong customer support, with quick response times and helpful resources.
Automated workflows and reporting capabilities improve efficiency.

Users dislike

Difficult to customize reporting for specific needs.
Learning curve can be steep for new users.
Limited ability to edit uploaded supporting documents.
Occasional syncing issues with AuditBoard Sync.
Some valuable functionalities require higher subscription tiers.

Slow performance or lag is a common complaint.
Limited Excel-like functionality in spreadsheets, especially for pivot tables, formulas, and formatting.
Difficulty with initial setup and implementation, especially for complex functionalities like Wdata.
Limited offline access can be challenging for users on the go.
Some formatting quirks when importing or exporting documents.

AuditBoard and Workiva Ratings

G2

4.6/5

(1178)
Capterra

4.7/5

(306)
Glassdoor

4.5/5

(132)

G2

4.5/5

(1021)
Glassdoor

4.3/5

(729)

Company health

Employee growth

13% increase in the last year

14% increase in the last year

Web traffic

18% decrease in the last quarter

26% decrease in the last quarter

Financing

April 2018 - $44M

April 2023 - $681M

How do AuditBoard's SOX compliance features compare to Workiva's GRC capabilities?

AuditBoard focuses specifically on SOX compliance and broader risk management, offering features like automated workflows, customizable templates, and a centralized platform for managing SOX, operational audits, and risk management. While Workiva's GRC capabilities also cover risk and compliance, it's part of a broader suite that includes financial and ESG reporting. Therefore, AuditBoard likely provides more specialized and in-depth features for SOX compliance specifically, whereas Workiva offers a more comprehensive platform encompassing a wider range of reporting and governance needs.

Which product better integrates ESG reporting with financial data, AuditBoard or Workiva?

Workiva better integrates ESG reporting with financial data. Workiva explicitly states this as a core feature, connecting financial and ESG data for unified reporting and analysis. While AuditBoard is a strong risk management platform, its focus is broader and doesn't specifically highlight the integration of financial and ESG data in the same way Workiva does.

What are the advantages of AuditBoard?

AuditBoard offers a centralized platform specifically designed for SOX compliance, operational audits, and integrated risk management, which is a significant advantage for large, publicly traded companies. Users praise its user-friendly interface, automated workflows, and customizable features for audits and risk assessments. While Workiva also handles reporting and compliance, AuditBoard's focused approach to risk management and auditing provides a more specialized and efficient solution for those specific needs.

What are the disadvantages of AuditBoard?

Some AuditBoard users have noted difficulties customizing reports to their specific needs. There is also mention of a steep learning curve for new users, limited ability to edit uploaded supporting documents, occasional syncing issues with AuditBoard Sync, and certain features requiring higher-tier subscriptions.

Alternatives to AuditBoard and Workiva

ETQ Reliance QMS

ETQ Reliance is a comprehensive quality management system (QMS) software designed for businesses of all sizes, with a strong presence in industries like manufacturing, pharmaceuticals, and medical devices. This cloud-based software helps companies manage various aspects of quality control, including document control, audits, corrective actions, and supplier management. ETQ Reliance stands out with its flexibility, allowing customization to fit specific business processes. It emphasizes data analysis and automation to help businesses make informed decisions, ensure compliance with industry standards, and ultimately reduce costs associated with quality management.

PlaidCloud

PlaidCloud is a cloud-based analytics platform designed to help businesses in various industries improve profitability and manage risk. It allows you to connect and analyze data from multiple sources, automate data processes, and create shareable dashboards to gain insights into areas like supply chain costs, customer profitability, and intercompany transactions. PlaidCloud aims to provide a user-friendly experience with its pre-built solutions and eliminate the need for extensive IT infrastructure or software management.

Connected Risk

Connected Risk is a comprehensive risk management software designed for midsize to large businesses. It helps manage various risks, including operational, compliance, and third-party risks. The platform offers tools for audits, policy management, and regulatory change tracking. Connected Risk stands out with its pre-built content and integrations, requiring no coding experience to use.

Xenett

Xenett is cloud-based accounting workflow and financial close management software designed for bookkeepers, accounting firms, CPA & tax firms, and controllers/CFOs at small to medium-sized businesses. It integrates with QuickBooks Online and Xero. Xenett automates tasks like error detection, client collaboration, and reporting, promising to reduce review time, increase accuracy, and speed up the closing process. Key features include automated reviews, a client portal, 1099 support, and flux analysis. Xenett offers a 14-day free trial.

osapiens

Osapiens is a suite of cloud-based software solutions designed to simplify how mid-sized and large companies manage environmental, social, and governance (ESG) regulations. The platform helps businesses track and report on their environmental impact, manage supply chain risks, and ensure compliance with evolving ESG laws. Osapiens aims to automate and simplify complex processes, providing data insights to help companies make more sustainable decisions.

DataTracks

DataTracks provides cloud-based software that automates the creation of financial reports required by regulators in the US, UK, EU, and other regions. Their software takes data directly from your existing systems to produce reports in various formats, including XBRL, iXBRL, and HTML. DataTracks also offers support services to help with tagging, report preparation, and regulatory compliance. With a long history and thousands of clients served, DataTracks focuses on making complex financial reporting easier and more accurate for businesses of all sizes.

Page co-authored by

Michal Kaczor

CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

Tymon Terlikiewicz

CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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