AuditBoard, in partnership with the consulting firm Protiviti, has introduced two new AI-driven solutions aimed at enhancing risk and audit management within enterprises.
The solutions integrate AI to improve data handling, workflow efficiency within AuditBoard’s risk platform and support governance, risk, and compliance (GRC) teams.
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The first of these solutions, Generative AI Integrations, allows for the creation of AI agents that can interact with the AuditBoard platform.
These agents can sift through AuditBoard’s data, linking information related to risks, controls, and issues, thus improving search functionality.
Additionally, the agents can analyse historical data to generate well-informed, context-specific text to support risk mitigation efforts, as well as auto-filling necessary fields within AuditBoard, which helps to streamline the process from start to finish.
Protiviti Internal Audit & Financial Advisory services global leader Andrew Struthers-Kennedy said: “Our collaboration with AuditBoard enables organisations to move from reactive compliance to proactive risk intelligence. These AI-powered solutions elevate assurance by connecting data, context, and action—accelerating maturity and unlocking strategic value.”
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By GlobalDataThe second solution focuses on Deep ERP Integration, which enables the direct transfer of vital financial data into the AuditBoard system.
This allows for the ongoing monitoring of financial controls and enhances the process of gathering evidence.
By automating the retrieval of journal entries and financial account data, the need for manual data entry by stakeholders is expected to be reduced.
Customers also have the option to implement these integrations to automate workflows within AuditBoard Analytics, which supports both ongoing and specific time-point monitoring.
AuditBoard chief growth officer Jim Sperduto stated: “AuditBoard’s connected risk vision is all about breaking down silos to ensure risk, compliance, and audit insights drive smarter business decisions.
“By teaming up with Protiviti, we are delivering integrations and AI-driven solutions that will empower our mutual customers to capture higher quality data at the source and increase visibility to risk within their daily business operations.”
