AuditBoard vs Onspring

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Our analysts compared AuditBoard vs Onspring based on data from our 400+ point analysis of Risk Management Software, user reviews and our own crowdsourced data from our free software selection platform.

AuditBoard Software Tool

Product Basics

AuditBoard is a comprehensive software solution designed to streamline risk management and compliance tasks. It is particularly well-suited for industries such as finance, healthcare, and manufacturing, where regulatory compliance and risk assessment are critical. The platform offers robust features like real-time risk monitoring, automated workflows, and customizable dashboards, which enhance efficiency and accuracy in managing risks. Users appreciate its intuitive interface and seamless integration capabilities, which set it apart from similar products. AuditBoard's ability to centralize risk data and provide actionable insights is a significant advantage, making it a preferred choice for organizations aiming to enhance their risk management processes. While specific pricing details are not publicly available, potential users are encouraged to contact SelectHub for a tailored pricing quote that aligns with their specific requirements. Overall, AuditBoard is recognized for its effectiveness in simplifying complex risk management tasks.
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Onspring is an end-to-end risk management software that integrates governance, risk and compliance, IT service management, business operations, and regulations and framework. It provides complete visibility into an organization’s risk, policies and compliance status. Built-in automation and workflows help optimize risk detection, remediation and prediction procedures. It saves a lot of time and money, both in terms of company resources and potential noncompliance penalties.

The IT service management module provides visibility into IT activities and mitigates costs with strategic initiatives. The third-party risk management module offers real-time coverage of the supply chain.
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$75,000 Annually, Quote-based
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Tailored to your specific needs
$20,000 Annually
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Tailored to your specific needs
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Product Insights

  • Streamlined Collaboration: AuditBoard facilitates seamless communication among team members, allowing for real-time updates and shared access to documents, which enhances teamwork and reduces email clutter.
  • Centralized Data Management: By consolidating all risk management data in one platform, AuditBoard eliminates the need for disparate systems, making it easier to track and analyze information.
  • Enhanced Risk Visibility: The software provides comprehensive dashboards and reports that offer clear insights into risk exposure, enabling proactive decision-making and strategic planning.
  • Automated Workflows: AuditBoard automates repetitive tasks such as reminders and follow-ups, freeing up valuable time for team members to focus on more critical analysis and strategy development.
  • Regulatory Compliance Support: With built-in frameworks and templates, AuditBoard helps organizations stay compliant with industry regulations, reducing the risk of penalties and enhancing audit readiness.
  • Customizable Reporting: Users can tailor reports to meet specific needs, ensuring that stakeholders receive relevant and actionable information that aligns with their objectives.
  • Scalability: As organizations grow, AuditBoard scales effortlessly, accommodating increased data volume and complexity without compromising performance or usability.
  • Improved Accountability: The platform assigns clear responsibilities and deadlines, fostering a culture of accountability and ensuring that tasks are completed efficiently and on time.
  • Data-Driven Insights: Advanced analytics tools within AuditBoard provide deep insights into risk trends and patterns, empowering organizations to make informed, data-driven decisions.
  • Secure Data Handling: With robust security measures in place, AuditBoard ensures that sensitive information is protected against unauthorized access, maintaining data integrity and confidentiality.
  • Integration Capabilities: AuditBoard seamlessly integrates with existing systems such as ERP and GRC platforms, enhancing functionality and ensuring a smooth flow of information across the organization.
  • Cost Efficiency: By reducing the need for multiple software solutions and minimizing manual processes, AuditBoard helps organizations save on operational costs while maximizing productivity.
  • Continuous Improvement: The platform supports ongoing refinement of risk management processes through regular updates and user feedback, ensuring that organizations remain agile and responsive to change.
  • User-Friendly Interface: With an intuitive design, AuditBoard is easy to navigate, reducing the learning curve for new users and increasing overall adoption rates across the organization.
  • Real-Time Monitoring: Continuous monitoring capabilities allow organizations to detect and respond to risks as they arise, minimizing potential impacts and enhancing resilience.
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  • Real-Time Visibility Into Business Operations: Get insights into the condition of critical processes, including supply chain, risk management, IT services and regulatory compliance. 
  • Optimized Task Assignment: Promote accountability by automatically assigning tasks and risk ownerships. Create a clear hierarchical map of who is in charge of what at all times. 
  • Save Money: Predict risk incidents and lapsed contracts with real-time insights. Devise the most cost-effective contract and business strategies. 
  • Streamlined Contract Negotiations: Negotiate contracts in good faith with live analytics on associated third and fourth-party risk data. 
  • Increased Adaptability: Customize the platform to make it suitable for any use case such as location-based auditing, automation, SOX compliance, HR and legal compliance, and more. 
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  • Centralized Risk Management: Consolidate all risk-related data in one platform, allowing for streamlined tracking and analysis.
  • Automated Risk Assessment: Utilize built-in tools to automate the risk assessment process, reducing manual effort and increasing accuracy.
  • Customizable Dashboards: Create personalized dashboards to visualize key risk metrics and trends, tailored to specific organizational needs.
  • Real-Time Collaboration: Facilitate seamless communication among team members with integrated collaboration tools, ensuring everyone stays informed.
  • Comprehensive Audit Trails: Maintain detailed records of all changes and actions taken within the system, enhancing transparency and accountability.
  • Risk Heat Maps: Generate visual representations of risk levels across different areas, aiding in quick identification of high-risk zones.
  • Regulatory Compliance Tracking: Keep track of compliance requirements and deadlines with automated alerts and reminders.
  • Integration Capabilities: Connect with other enterprise systems such as ERP and GRC platforms to ensure data consistency and reduce duplication.
  • Role-Based Access Control: Assign specific permissions to users based on their roles, ensuring sensitive information is only accessible to authorized personnel.
  • Incident Management: Log and manage incidents efficiently, with tools to track resolution progress and analyze root causes.
  • Risk Register: Maintain a comprehensive list of identified risks, complete with detailed descriptions, potential impacts, and mitigation strategies.
  • Scenario Analysis: Conduct what-if analyses to evaluate the potential impact of different risk scenarios on business operations.
  • Audit Planning and Scheduling: Plan and schedule audits with ease, using templates and automated workflows to streamline the process.
  • Document Management: Store and organize all relevant documents in a centralized repository, ensuring easy access and retrieval.
  • Data Analytics and Reporting: Leverage advanced analytics to generate insightful reports, helping stakeholders make informed decisions.
  • Mobile Accessibility: Access the platform from mobile devices, allowing for risk management on-the-go.
  • Training and Support: Benefit from comprehensive training resources and responsive support to maximize the platform's utility.
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  • Process Automation: Set up automated workflows for a range of procedures, including risk assessments, policy updates, control tests and more. 
  • Risk Register: Connect risks, audits, controls and policies in a centrally accessible risk register for real-time insights. 
  • Task Assignment: Assign tasks and risk ownership based on risk scores, urgency and prioritization for optimal risk mitigation. 
  • Security: Create custom groups, roles and users for permission-based access to core processes. 
  • Compliance: Cross-check the compliance of controls against relevant regulatory standards like SOX, GDPR and NERC. 
  • Analytics: Run advanced analytics on internal and residual risks and generate visual reports by history and heat maps. 
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Product Ranking

#10

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Risk Management Software

#37

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Risk Management Software

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Analyst Rating Summary

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User Sentiment Summary

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Excellent User Sentiment 57 reviews
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95%
of users recommend this product

Onspring has a 'excellent' User Satisfaction Rating of 95% when considering 57 user reviews from 1 recognized software review sites.

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4.75 (57)

Awards

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Onspring stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

Streamlined Audits: AuditBoard helps make audits more efficient and effective by bringing together audit planning, risk assessments, and testing into a single system.
Easy to Use: Most users report that the platform is intuitive and easy to navigate, even for those who are new to using audit management software.
Improved Collaboration: AuditBoard facilitates better communication and collaboration among audit teams and stakeholders. This is done through features like real-time dashboards and automated workflows.
Valuable Insights: The platform provides businesses with valuable insights into their risk and compliance posture. This is achieved through data analytics and reporting features that help identify trends and areas for improvement.
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Intuitive Interface: Users praise Onspring's user-friendly design, finding it easy to navigate and use for tasks like creating risk assessments and generating reports.
Flexible and Customizable: Users appreciate the ability to tailor Onspring to their specific needs, such as configuring workflows and creating custom fields for risk data.
Strong Reporting Capabilities: Onspring's reporting features are well-regarded, enabling users to easily generate insightful reports on risk data, which aids in decision-making.
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Reporting Limitations: The built-in reporting features might lack flexibility, requiring integration with other business intelligence tools like Power BI for more insightful analysis.
Issue Management: Some users have reported that the issue management module is cumbersome and doesn't seamlessly integrate with other modules for comprehensive reporting.
Customization Constraints: While AuditBoard offers customization options, certain areas like the policy module might lack the desired flexibility for tailoring workflows, such as enforcing sequential review processes.
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Reporting Limitations: Users have expressed frustration with the reporting functionality, citing limitations in customization and the inability to easily extract specific data points for analysis.
User Interface Complexity: The platform's user interface has been described as complex and not intuitive, requiring extensive training to navigate effectively. This complexity can lead to decreased user adoption and productivity.
Limited Flexibility for Risk Assessments: Some users have found the platform's risk assessment capabilities to be somewhat rigid, lacking the flexibility to accommodate unique organizational needs and risk methodologies.
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Is AuditBoard truly on board with meeting the needs of risk management professionals? User reviews from the past year suggest a resounding "yes," but with a few caveats. AuditBoard consistently earns praise for its user-friendly interface, making it a breeze to navigate even for those new to the world of risk management software. Users particularly appreciate the intuitive design and ease of use, highlighting how it simplifies complex tasks like documenting findings and managing workstreams. This ease of use is crucial, as it allows teams to quickly adapt to the software and maximize their efficiency without a steep learning curve. However, some users have reported that AuditBoard can be a bit sluggish when dealing with large datasets, which could pose a challenge for larger organizations or those with complex data requirements. Additionally, while customer support is generally regarded as responsive and helpful, there have been mentions of inconsistencies, possibly due to team turnover. This inconsistency, though not a dealbreaker, could lead to occasional frustrations when seeking assistance. Despite these minor drawbacks, AuditBoard stands out for its robust reporting capabilities, automation features, and seamless integration with other systems. Users rave about how these features streamline their workflows, saving them valuable time and reducing the risk of errors. For instance, the ability to generate custom reports with detailed insights into risk assessments and audit findings empowers organizations to make informed decisions and proactively mitigate potential issues. Overall, AuditBoard emerges as a powerful and intuitive risk management solution best suited for organizations of all sizes looking to enhance their risk management processes. Its user-friendly interface, coupled with its comprehensive features and generally strong customer support, makes it a compelling choice for businesses seeking to streamline their risk management operations and elevate their overall risk management posture. However, organizations dealing with massive datasets might need to consider the potential for slower performance.

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Is Onspring the software that will help your business to not only spring forward but also leap ahead of the competition? Users describe Onspring as a flexible and user-friendly platform that excels in centralizing risk management information, making it easier to track and improve processes. For example, users praise Onspring's ability to connect risks to other business operations, such as network management, providing a holistic view of potential vulnerabilities. However, a recurring criticism is the price tag, which some users find steep, especially compared to alternatives like LogicManager or OneTrust. Despite this, users highlight Onspring's no-code environment as a key differentiator, empowering non-technical personnel to build and customize workflows without relying on IT, a factor greatly appreciated by smaller teams with limited IT resources. Ultimately, Onspring appears best suited for organizations, particularly those with lean teams, seeking a comprehensive, customizable, and user-friendly risk management solution, but who are also prepared to make a significant financial investment. However, businesses prioritizing cost-effectiveness might find other options more appealing.

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