AuditBoard and EY Partner to Enhance UK Risk Management Solutions
AuditBoard Teams Up with EY for Enhanced Risk Management
AuditBoard, a leading cloud-based platform for audit, risk, compliance, and ESG management, has announced a significant alliance with Ernst & Young LLP (EY). This collaboration aims to provide local support to customers in the UK to modernize their risk management strategies. A key component of this partnership is the formation of a Centre of Excellence in the UK, dedicated to offering bespoke consulting and integration services for AuditBoard customers.
Challenges in Risk Management
Organizations in the UK today encounter increasing complexities when it comes to managing audits, risks, and compliance requirements. The newly established Centre of Excellence is focused on helping these organizations refine their risk management approaches, leading to improved business outcomes. As regulatory frameworks evolve, the need for effective risk management becomes more paramount.
Insights from EY Leaders
Chris Gallagher, EY UK&I Risk Consulting Leader, spoke about the excitement surrounding this alliance, stating, "We are delighted to announce the alliance with AuditBoard in the UK market. This partnership expands on our successful collaboration that began in 2022 with EY in the United States. It will focus on delivering tailored consulting and integration services that empower businesses to navigate complex regulatory environments while effectively leveraging technological progress."
Innovative Solutions for Complex Times
Ravi Patel, Director of Alliances, EMEA, at AuditBoard remarked, "Today's regulatory environment requires teams to prioritize efficiency and agility in their programs. We are excited to extend our support throughout EMEA, providing innovative risk management strategies. This ensures that our customers achieve resilience and continuity in an ever-changing landscape." The integration of EY's risk consulting with AuditBoard's technology offers clients access to advanced risk management tools and strategic advisors that are essential for meeting new regulations and embarking on their AI journey.
About AuditBoard
AuditBoard stands at the forefront of transforming audit, risk, compliance, and ESG management through its cloud-based platform. Currently, over half of the Fortune 500 companies utilize AuditBoard's solutions to advance their operations with enhanced clarity and agility. Recognized for its exceptional customer service, AuditBoard has been rated highly on platforms such as G2, Capterra, and Gartner Peer Insights. Furthermore, it has been acknowledged for six consecutive years as one of the fastest-growing tech firms in North America.
About EY
Ernst & Young Global Limited (EY) is dedicated to creating a better working world by delivering value to clients while building trust in capital markets. Utilizing advanced technology, data, and AI, EY helps clients explore the future with confidence, addressing the most pressing challenges of today and tomorrow. With a comprehensive range of services including assurance, consulting, tax, and strategy, EY serves clients in over 150 countries.
Contact Information
For inquiries, please reach out to Laura Groshans. You can find out more about AuditBoard at their official website.
Frequently Asked Questions
What is the purpose of the partnership between AuditBoard and EY?
The partnership aims to enhance risk management strategies for organizations in the UK, providing customized support and consulting services.
What role will the Centre of Excellence play?
The Centre of Excellence will deliver tailored consulting and integration services to help customers modernize their risk management approaches.
How does this alliance benefit businesses?
Businesses will gain access to advanced risk management technology and strategic advisors, aiding them in navigating complex regulatory landscapes.
What challenges are companies facing in risk management?
Companies are dealing with increasing complexities in audit, risk, and compliance due to evolving regulatory requirements.
Where can I learn more about AuditBoard?
More information about AuditBoard and their services can be found on their official website.
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