AuditBoard and EY US Collaborate to Enhance Risk Solutions
Strategic partnership combines world-class technology and deep industry experience to provide unparalleled visibility and assurance in a complex risk landscape.
AUDIT & BEYOND - AuditBoard, the leading AI-powered global platform for connected risk, is excited to announce the expansion of its alliance with Ernst & Young LLP (EY US). This strategic integration will combine AuditBoard's cutting-edge risk management platform with the newly developed capabilities of EY.ai for Risk, creating a powerful tool for businesses.
Businesses today are navigating a tumultuous landscape characterized by rapid changes and increasing risks. From cybersecurity threats to evolving regulatory requirements, the modern organization faces unprecedented challenges. A recent analysis by AuditBoard revealed that a significant 70% of enterprises are planning to boost their risk management staffing in the near future, with 40% of those intending to add cybersecurity experts. This concerning trend highlights the imperative for companies to adapt their risk management strategies, utilizing advanced AI and leveraging deep industry expertise.
Jim Sperduto, Chief Growth Officer at AuditBoard, stated, "The robust integration of AuditBoard's platform with EY.ai for Risk sets a new benchmark for connected risk management. Our partnership is geared towards creating a more intelligent and cohesive ecosystem that empowers clients to navigate the complexities of risk, ultimately allowing them to concentrate on enhancing their competitive edge."
According to Prashant Karanam, EY’s Global Internal Controls Leader, “The fluid nature of risk necessitates a more profound collaboration between technology and professional services. By expanding our alliance with AuditBoard, we are not only enhancing the client experience but are also enabling organizations to gain better visibility and assurance over their risk management frameworks.”
The enhanced collaboration between AuditBoard and EY US aims to address the needs of organizations by delivering a comprehensive suite of innovative solutions tailored for modern risk and compliance requirements. This partnership promises to streamline processes and improve efficiency, thus prioritizing the core objectives of organizations.
For further details regarding this enhanced partnership and the offerings available, visit the Connected Risk Experience during Audit & Beyond.
About AuditBoard
AuditBoard leads the way in providing a groundbreaking AI-powered platform designed to revolutionize the manner in which businesses manage risk. Trusted by over 50% of the Fortune 500, the platform enhances the audit, risk, and compliance management processes. As recognized leaders in the field, AuditBoard enjoys high customer ratings on G2, Capterra, and Gartner Peer Insights and has been consistently recognized for its rapid growth by various industry leaders over the past few years.
Contact:
Laura Groshans
SOURCE AuditBoard, Inc
Frequently Asked Questions
What is the focus of the partnership between AuditBoard and EY US?
The partnership focuses on integrating AuditBoard's AI-driven platform with EY.ai for Risk to enhance risk management solutions.
How are organizations responding to increased risks?
Many enterprises are planning to increase their risk management teams, especially in cybersecurity, reflecting the need for improved risk strategies.
Who is the Chief Growth Officer of AuditBoard?
Jim Sperduto serves as the Chief Growth Officer at AuditBoard, emphasizing the importance of integrated risk management solutions.
What is EY's vision for their alliance with AuditBoard?
EY aims to provide a unified experience for clients by enhancing collaboration between technology and professional services.
What recognition has AuditBoard received in the tech industry?
AuditBoard has been ranked as a fast-growing technology company in North America by Deloitte for several consecutive years.
