New alliance combines AuditBoard’s innovative SOX and operational audit platform with Protiviti’s internal audit expertise to provide internal audit teams with the tools and resources to drive success
AuditBoard, the leading cloud-based platform for automating and transforming the way enterprises manage critical risk, audit, and compliance work, and Protiviti, a global consulting firm with deep expertise in internal audit, have formed a strategic alliance to collaborate and provide organizations with a comprehensive solution for advancing their internal audit initiatives.
As part of the alliance, Protiviti and AuditBoard are working together to empower internal audit teams, including integrating Protiviti’s KnowledgeLeader templates into the AuditBoard platform; providing advanced training and consulting to AuditBoard’s client base; expanding the educational tools and resources available to auditors; and co-hosting knowledge transfer sessions where audit and compliance leaders can share ideas and learn best practices.
“Internal audit is still behind other business functions in automation and transparency. By coupling Protiviti’s expertise in internal audit with AuditBoard’s SOX and operational audit platform, we form a rich relationship that offers advanced technology and makes it accessible and easy to use for internal audit teams,” says Brian Christensen, Protiviti executive vice president and global leader, Internal Audit and Financial Advisory.
The alliance is an extension of the existing relationship between the two companies, which had been focused primarily on the annual Protiviti SOX Compliance Survey. While the initial agreement expands each company’s internal audit offerings, it also represents a unique opportunity to leverage experience and technology for countless other risk management areas.
“We’re thrilled to expand our strategic relationship with Protiviti,” said Jay Lee, co-founder and president of AuditBoard. “With this powerful combination of software, thought leadership, and consulting, we’re uniquely positioned to lead and enable enterprises to redefine the value of internal audit. It’s not a matter of the internal audit function keeping pace with digital transformation, it’s a matter of leading the charge and providing expertise to the organization. We look forward to working with Protiviti to continue helping to empower enterprises to manage risk so their businesses are able to thrive.”
Protiviti’s 2019 Sarbanes-Oxley (SOX) Compliance Survey, Benchmarking SOX Costs, Hours and Controls, is based on a survey of audit, compliance, and finance leaders and professionals at U.S. public companies, and was conducted with support from AuditBoard.
AuditBoard is the leading cloud-based platform transforming the way enterprises automate, collaborate and report in real-time on critical risk, audit, and compliance workflows. AuditBoard offers a full suite of easy-to-use audit management and compliance solutions for SOX, operational audits, compliance, and workflow management. AuditBoard’s clients range from industry-leading pre-IPO organizations to Fortune 50 companies looking to streamline their audit functions. For more information: www.auditboard.com.
Protiviti (www.protiviti.com) is a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help leaders confidently face the future. Through its network of more than 80 offices in over 20 countries, Protiviti and its independently owned Member Firms provide clients with consulting solutions in finance, technology, operations, data, analytics, governance, risk and internal audit.
Named to the 2019 Fortune 100 Best Companies to Work For® list, Protiviti has served more than 60 percent of Fortune 1000® and 35 percent of Fortune Global 500® companies. The firm also works with smaller, growing companies, including those looking to go public, as well as with government agencies. Protiviti is a wholly owned subsidiary of Robert Half. Founded in 1948, Robert Half is a member of the S&P 500 index.