AuditBoard and KPMG Announce Strategic Alliance

AuditBoard and KPMG Announce Strategic Alliance

Joint clients to benefit from solutions combining KPMG US services and AuditBoard’s innovative AI technology to address growing corporate risk and compliance challenges. 

LAS VEGAS, NV — IIA GAM CONFERENCE — March 12, 2024 — AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today announced a strategic alliance with KPMG LLP, the audit, tax, and advisory firm.  Through this alliance, organizations will be able to leverage the combined power of AuditBoard’s award-winning connected risk platform and KPMG’s deep expertise to elevate audit, risk, IT security, and ESG programs, and help businesses better manage growing risk challenges. 

Today, organizations face an unprecedented volume and velocity of risk — including economic volatility, geopolitical conflict, cyber concerns, and new regulations — placing them in a challenging position where the risks they face have significantly outgrown their capacity to manage them. With the demands of risk and compliance management increasing, enterprises must be more agile, resilient, and cost effective in managing their compliance and risk priorities, including using the latest in AI and automation technology. AuditBoard and KPMG customers in common can leverage innovative capabilities such as AuditBoard AI — which is uniquely powered by a unified data core across audit, risk, and compliance — to elevate internal audit teams with relevant insights, intelligent suggestions, and powerful automations.

“Today’s dynamic risk and compliance landscape requires a modern, cross-functional approach across the enterprise,” said Scott Arnold, CEO at AuditBoard. “By bringing the power of our connected risk platform together with KPMG’s renowned professional services, we’re able to help organizations gain more visibility into risk and manage it more collaboratively and efficiently.” 

“The sheer pace of emerging risks and regulations has increased the need for companies to modernize audit, risk, and compliance programs,” said Ric Kimball, U.S. Service Network Leader, Internal Audit and Enterprise Risk, KPMG US. “By integrating our professional services with AuditBoard’s connected risk platform, enhanced with the latest AI capabilities, organizations can not only benefit from deeper insights and process enhancements but can also derive more value from their risk and compliance programs.”

AuditBoard has experienced substantial and increasing demand for its connected risk platform and solutions, which empower audit, risk, infosec, and ESG teams to work together across the enterprise. Recently, AuditBoard was cited as a Top 100 Software Product (amongst more than 100,000 apps across all B2B categories and industries) in G2’s Best B2B Software Awards for the second straight year. AuditBoard’s placement on that prestigious list stands alongside its continuing recognition as a Leader in the Audit Management and GRC Winter 2024 Grid Reports from, streaks that have reached 17 and 16 quarters, respectively.