AuditBoard, a global platform using AI to connect various risk management functions, has unveiled Accelerate, its latest AI-powered solution. This new tool revolutionises the risk management landscape by offering natural-language workflows, continuous auditing, document intelligence, and autonomous AI capabilities.
Building on AuditBoard’s established AI technologies, Accelerate aims to provide risk teams worldwide with the first AI-driven connected risk platform.
“AuditBoard’s AI has already been instrumental in our security risk oversight, and we’re just scratching the surface of its potential,” stated Olabode Olaoke, Head of Cybersecurity Risk at Block, adding “It has fundamentally changed how our teams work, generating faster insights and helping us make a meaningful impact on the business. We’re eager to see how AuditBoard’s new AI functionality will revolutionise our workflows and unlock the next level of efficiency for our team.”
New AI functionality
Accelerate empowers risk teams to deliver proactive insights, positioning them as strategic business enablers
Accelerate empowers risk teams to deliver proactive insights, positioning them as strategic business enablers.
It enables compliance teams to enhance their roles in security, trust, and growth, while internally, audit teams can transition from repetitive control checks to providing strategic insights to financial officers and executive pioneers.
This unified platform integrates AuditBoard’s cutting-edge AI capabilities for a streamlined experience.
Transformational GRC-trained AI
The platform offers several robust tools such as the Audit Agent, which significantly reduces audit fieldwork time. By employing AI for control testing and documentation, it enhances accuracy and audit efficiency.
Teams can quickly annotate numerous receipts and documents to streamline testing processes. Continuous monitoring and auditing capabilities eliminate manual evidence gathering, providing ongoing assurance instead of periodic checks.
Document Intelligence capabilities
With Document Intelligence, users can convert raw notes into audit-ready materials
With Document Intelligence, users can convert raw notes into audit-ready materials, allowing for more efficient stakeholder reporting.
This feature consolidates insights from various audits into concise summaries, offering detailed narratives that highlight key risks and trends, enhancing both coverage and understanding.
Enterprise-grade AI solutions
"Accelerate is a huge unlock for how our customers run their teams," commented Happy Wang, Chief Product and Technology Officer at AuditBoard, adding "GRC teams can leverage the enterprise-grade capabilities of AI Accelerate to automate fieldwork, generate audit-ready outputs, and surface real-time insights — truly becoming strategic partners for their business."
Support for oversight and compliance
AuditBoard’s AI solutions are built with precision and accountability in mind. They are domain-trained, secure, and auditable, with all actions being logged and traceable to ensure they meet oversight, compliance, and internal standards.
Practitioners maintain control by applying human judgement, while AI accelerates their work, providing a balance of technology and human insight.
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