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AuditBoard Achieves Leadership Position in G2 Fall 2023 Report for Audit Management, GRC, and Third-Party Risk Management

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AuditBoard Recognized as Leader in Audit Management and GRC with High Customer Ratings

AuditBoard, the leading cloud-based platform for audit, risk, compliance, and ESG management, has once again been recognized as a leader in the Audit Management and GRC Fall 2023 Grid Reports by G2.com. This marks the 16th consecutive quarter for Audit Management and the 15th consecutive quarter for GRC. Additionally, AuditBoard has been named a leader in Third-Party Risk Management for the second quarter in a row. The platform's usability, innovation, and high value-driven results have garnered top ratings from enterprises. AuditBoard's repeated recognition reflects its commitment to providing purpose-built solutions that empower enterprises with powerful and user-friendly risk management capabilities. The recent launch of AuditBoard ITRM, a dynamic solution for IT security and risk management professionals, further demonstrates this commitment. The solution enables better threat landscape management, quantification of IT-related risks, and improved cyber resilience. John Reese, Chief Marketing Officer of AuditBoard, expressed excitement about the ongoing value enterprises find in the streamlined and centralized connected risk platform. He emphasized AuditBoard's commitment to delivering innovative solutions that meet the evolving needs of customers. The recognition from customers aligns with AuditBoard's growth in the market and follows the appointment of Haibei (Happy) Wang as Chief Development Officer. Wang's technical expertise and leadership skills will contribute to AuditBoard's upward trajectory. The company has also received accolades as a Top 100 Software Product and a certified Great Place to Work®. In conclusion, AuditBoard's consistent recognition as a leader in audit management, GRC, and third-party risk management underscores its position as a trusted provider of comprehensive risk management solutions.

Implications of AuditBoard's Recognition for New Businesses

AuditBoard's consistent recognition as a leader in Audit Management and GRC could have significant implications for new businesses, particularly those in the tech sector.

Setting Industry Standards

AuditBoard's continuous recognition and high customer ratings set a high bar for new businesses. Startups aiming to break into the audit, risk, and compliance management sphere will need to offer innovative, user-friendly solutions that can compete with AuditBoard's acclaimed offerings.

Driving Innovation

The launch of AuditBoard ITRM, a solution for IT security and risk management professionals, underscores the company's commitment to innovation. This could inspire new businesses to prioritize innovation in their own product development strategies to stay competitive.
Attracting Talent
AuditBoard's appointment of Haibei (Happy) Wang as Chief Development Officer and its accolades as a Top 100 Software Product and a certified Great Place to Work® highlight the company's appeal to top talent. This could challenge new businesses to create attractive work environments and career opportunities to attract and retain skilled professionals. In conclusion, AuditBoard's recognition as a leader in audit management, GRC, and third-party risk management sets a high standard for new businesses. It underscores the importance of innovation, user-friendly design, and a positive work environment in achieving success in the tech sector.
Story First Published at: https://financialpost.com/pmn/business-wire-news-releases-pmn/auditboard-named-leader-in-audit-management-grc-and-third-party-risk-management-in-g2-fall-2023-report
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