AuditBoard Software

Pros

Easy to collaborate among our team, realtime report and analysis of our internal data.

Cons

No cons so far, working smoothly for the segment we work on.

Good for keeping your SOX controls in one place.

Pros

I like that it has everything broken out into easily visible control areas. Makes SOX reporting much easier and our external auditing firm loves it.

Cons

First time set up is a little bit time consuming and cumbersome. Not very intuitive for a first time user without some instruction and guidance.

Pros

AuditBoard provides integrated solution for all you SOX audit needs. It's so easy to manage and use.

Cons

I am still waiting for the better editing functions to be deployed for editing the narratives and test sheets.

One place to keep all SOX information that is standardized and reportable, instantly!

Pros

It's so easy to use and report on whatever you need. The ability to see status and click through to what you need is intuitive.

Cons

Due to the size of our company, I'd like to be able to customize the filters a little better and stop seeing things I don't need to see.

Pros

Each business process is broken down to their individual controls. Control owners and external auditors can easily access this information without much difficulty.

Cons

May take some time getting use to create new PBC tasks from scratch. To get started, you would need assistance from AuditBoard to establish templates before you can send out PBCs.

Pros

The user interface is incredibly intuitive and easy to use. The integrated test sheets make it easy to collaborate and work efficiently in a single space. The Workstream module has revolutionized the way we administer and monitor control certifications. Customer service is extremely attentive and listens to the customer when it comes to software enhancements.

Cons

There isn't much to dislike, but I wish Visio flowcharts were more easily integrated into the tool.

Huge gains in efficiency and collaboration within our organization.

Pros

The way that the controls, narratives, and testing are linked result in huge gains in efficiency. The ability to add unlimited users is very important to us (no license limit like other GRC tools).

Cons

There are still some limitations or inefficient ways to do things, based on how we want to use the Workstream tool. We use this extensively and probably use it in ways that the developers did not intend (more than just SOX testing). However, Customer Support has been open to hearing our feedback and working on putting some of these suggestions into the future road map.

Pros

The application is very easy for all users to learn
SOXhUB is very customizable
The application is logical and well thought out functionality

Cons

So far, we have no significant complaints or cons regarding the system. I suppose if there was one, it would be that the tool has such a wide array of feature available, it takes a while to learn all its capabilities.

I love Workstream, the workflow portion of the system. It's interactive and very quick. The process of reviewing tester's work, pushing back comments, updating documents in real-time - it really saved us a lot of time during the testing process. As well as dashboards - we had manually been keeping track of where we were in Excel files. The dashboards available in SOXHUB really gave us a lot of detail in managing the work at year end and allowing us to stay up to date, knowing where we were and what needed to be done. It was very helpful to our external auditors as well. I think Workstream is just wonderful - it really did decrease the amount of work we spent at year end and allowed us some efficiencies in managing our work.

SOXHUB has saved a lot of time for the tester and reviewer with the Workstream function. We don't need to send extra emails to remind control owners to submit their PBCs, the system will remind them whenever the due date is set. Also, by sharing the PBC functions, it saves a lot of time for external auditors to send other similar kinds of requests to control owners. Also, it saved a lot of time for us when communicating with control owners about issues. Controls owners can log into SOXHUB and find any issues we've found, and update their remediation plans. Everything is transparent on the platform. External auditors can see our communication between internal audit and control owners, they don't need to get extra confirmation for how the communication is going.

Pros

SOX focused;
Smart design;
User friendly;
Great supporting team.

Cons

Not found yet.

Advice to Others

SOXHUB keeps developing new functions. The development team can also make customized development.

The SOXHub support team is very good, always accepting calls/emails after hours or weekends without hesitation and a quick response/turnaround time. The product is good and I am looking forward to the updates with enhanced functionality.

Pros

Eas of use and a great support team.

Cons

Some areas require SOXHub team assistnce and can not be completed in house.

Advice to Others

Great team and solid product, looking forward to updated enhanced software.

Our company was challenged with the task of managing SOX controls for twelve global locations. The tools available to us at the time were MS Excel and Outlook. Managing version control, compliance and audit requests was very inefficient. We set out to find a simple but flexible solution to help us achieve out objective of ensuring updated controls, compliance with the controls and evidence that the controls are in place. Soxhub provided exactly what we needed and continues to work with us to improve the tool and our processes. We are currently certifying almost 250 controls on a quarterly basis. We could not have achieved this without a solution such as the one Soxhub provides.

Pros

It's simple without lots of feature that we would never use. We also like the support team - they are very flexible and open to our suggestions. The integrated email communication within Soxhub is very useful.

Cons

The tables and data fields available in some of the screens needs to be more inclusive. Some of the fields are not included as an option for viewing in certain views.

Advice to Others

No

SOXHub is easy to use and meets the majority of our SOX needs. Also, we really enjoy working with the SOXHub team. Customer service is fantastic - they usually respond right away to get us what we need. We are looking forward to expanded Excel capability, and best practice templates for reporting and tracking our deficiencies.

Pros

Ease of use, customer support.

Cons

Excel functionality.

It's great to have a one stop shop to document all of our testing, along with the all the necessary files. Additionally, SoxHub has impeccable customer support. Any inquiries or requests that we email them about, they get back to us within a few hours.

Pros

Customer service

Cons

Some functionalities aren't quite smooth. Switching between controls is a bit cumbersome.

We implemented SOXHub at my organization within the prior year and it's been an easy transition. The tool is very user friendly, great workflow, and the ease of reporting makes it simple to know where you are at any given time. Customer service is also top-notch. incredibly responsive, proving the tool to be quite flexible for our utilization.

Pros

Workflow, ease of use, reporting

Cons

Can't name a thing so far.

Advice to Others

No

My company recently transitioned to SOXHUB and the ease of use and end user experience has made it nearly seamless

Pros

Ease of use

I'm an internal auditor and have been using SOXHub for 4 months now. You don't need to be a tech master to navigate through the software, since everything is web-based and support is just a phone call away.

The initial process of setting up controls and linking things around can be a bit tricky, but after awhile, everything will come together and make sense. The Dashboard provides a quick and easy way to show what controls are effective and what controls are ineffective. Navigating through everything is a breeze as you can sort my controls, types, control owners, who tested the controls, who reviewed the controls, etc.

There's so much functionality involved such as creating specific rules for control owners, external auditors, and system admin. Additionally, you can run reports with specific parameters, to get a quick listing of whatever you are looking for.

I really enjoy the WorkStream, which allows you to create tasks for control owners and have them upload their PBCs. It's a good way to keep track of who needs to complete what and also provides a deadline for such individuals to complete their assigned tasks.There's also a neat feature where you can "@username" someone and communicate any questions or concerns you may have. I've done this with my HR Manager, and she thought SOXHub was pretty cool for doing this since emails tend to get lost in the clutter. We also provided this access to our external auditors, and they were able to make their PBC requests and get in touch directly with the control owners, without sending emails. The feedback I received from an individual from Treasury had been positive, as she was happy that the external auditors weren't constantly parading around her desk for requests.

Some minor suggestions I have would probably be in regards to the Narratives. The current functionality of editing your narratives is limited to a few general editing tools, but that's understandable since this is not Microsoft WORD. If you are nit-picky on how you like to format things, this can become a nuisance, but updates are along the way.

I've talked to the SOXHub support, including James Im, who by far is very helpful, on things that can improve upon. The folks here are constantly listening and taking feedback on what they can do to make SOXHub better. I've offered a few suggestions on features I'd like to see, and within a month or so, the feature was implemented.

All-in-all this is a great software. Thank you!

For over a year our Internal Audit team for an oil and gas company was looking to replace our current tool to manage the SOX program. The SOXhub sales team provided a demo that appeared to meet all our requirements. After additional reviews of leading GRC applications, SOXhub came out on top. We were able to implement and go live within 30 days with managing our RCM, process narratives, walkthrough documentation, control certifications and testing to meet all our requirements. There is no need to go with a GRC tool that requires much more configuration if your primary purpose is to drive efficiencies and automate your SOX program. Ongoing enhancements continue to drive value in our investment in SOXhub.

We have been using SOXHUB for a few months and have very happy with the ease of use they system provides. There are some basic functionality features (e.g. additional reporting capabilities, issue tracking, etc) I wish the system had immediately available, but I have been told some of these features are in the works. Overall, we are happy with the purchase thus far.

Pros

Ease of Use

Cons

Reporting capabilities & Issue Tracking

Advice to Others

Not at this time

SOXHUB built a modern tool that's dedicated to SOX documentation needs for compliance and audit practitioners. Using the intuitive and advanced features, our Internal Audit team transformed the SOX program and other audit needs into streamlined processes, allowing our team to focus on the critical tasks and value-adding activities instead of doing Excel acrobatics. The only complaint is why did it take this long for someone to built this! Customer support was important during the design and implementation phase, and the SOXHUB team exceeded my expectations by providing experienced professionals and quick response time on my requests. It felt like I was working with peers on an Internal Audit team as opposed to sales or supporting staff that don't understand our needs. Some training is needed for business users depending on how you want to use the tool. SOX compliance and audit practitioners can easily catch on to the features with minimal demonstration. It really built by auditors for auditors. Thanks and keep it up SOXHUB team!