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.

March 12, 2024 11:00 AM Eastern Daylight Time

LAS VEGAS–(BUSINESS WIRE)–IIA GAM CONFERENCE— 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.

“The sheer pace of emerging risks and regulations has increased the need for companies to modernize audit, risk, and compliance programs”Post this

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 G2.com, streaks that have reached 17 and 16 quarters, respectively.

About AuditBoard

AuditBoard is the leading cloud-based platform transforming audit, risk, compliance, and ESG compliance management. Nearly 50% of the Fortune 500 leverage AuditBoard to move their businesses forward with greater clarity and agility. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the fifth year in a row as one of the fastest-growing technology companies in North America by Deloitte. To learn more, visit: AuditBoard.com.

About KPMG LLP

KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services. The KPMG global organization operates in 143 countries and territories and has more than 265,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity and eradicating childhood illiteracy. Learn more at www.kpmg.com/us.