Quick Overview
- 1#1: AuditBoard - Cloud-based platform that streamlines internal audit planning, execution, reporting, and risk management.
- 2#2: TeamMate+ - End-to-end audit management software for planning, fieldwork, and reporting in internal audits.
- 3#3: Diligent HighBond - Analytics-driven platform for managing internal audits, risks, and compliance with real-time insights.
- 4#4: Ideagen Pentana Audit - Comprehensive audit software that automates workflows for internal audit cycles and resource allocation.
- 5#5: MetricStream - Integrated GRC platform with robust internal audit management, risk assessment, and issue tracking.
- 6#6: Archer IRM - Enterprise governance, risk, and compliance solution featuring advanced internal audit capabilities.
- 7#7: LogicGate - No-code platform for building custom internal audit programs, workflows, and risk monitoring.
- 8#8: Resolver - Risk intelligence platform that supports internal audit execution, incident management, and reporting.
- 9#9: Workiva - Cloud solution for connected reporting, compliance, and internal audit documentation management.
- 10#10: IBM OpenPages - AI-powered GRC platform with tools for internal audit planning, execution, and regulatory compliance.
These tools were carefully chosen and ranked based on key factors including functionality (planning, execution, reporting), user-friendliness, integration capabilities, and overall value, ensuring a comprehensive overview of leading solutions.
Comparison Table
Internal audit management software is vital for enhancing efficiency and compliance, and evaluating options requires comparing features, usability, and integration capabilities. This table outlines leading tools like AuditBoard, TeamMate+, Diligent HighBond, Ideagen Pentana Audit, MetricStream, and more, equipping readers to find the best fit for their organization’s specific needs.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | AuditBoard Cloud-based platform that streamlines internal audit planning, execution, reporting, and risk management. | enterprise | 9.5/10 | 9.8/10 | 9.2/10 | 9.0/10 |
| 2 | TeamMate+ End-to-end audit management software for planning, fieldwork, and reporting in internal audits. | enterprise | 9.4/10 | 9.7/10 | 8.0/10 | 8.9/10 |
| 3 | Diligent HighBond Analytics-driven platform for managing internal audits, risks, and compliance with real-time insights. | enterprise | 9.1/10 | 9.6/10 | 7.9/10 | 8.4/10 |
| 4 | Ideagen Pentana Audit Comprehensive audit software that automates workflows for internal audit cycles and resource allocation. | enterprise | 8.6/10 | 9.1/10 | 7.9/10 | 8.2/10 |
| 5 | MetricStream Integrated GRC platform with robust internal audit management, risk assessment, and issue tracking. | enterprise | 8.7/10 | 9.2/10 | 7.8/10 | 8.1/10 |
| 6 | Archer IRM Enterprise governance, risk, and compliance solution featuring advanced internal audit capabilities. | enterprise | 8.2/10 | 8.8/10 | 7.4/10 | 7.6/10 |
| 7 | LogicGate No-code platform for building custom internal audit programs, workflows, and risk monitoring. | enterprise | 8.2/10 | 8.7/10 | 7.8/10 | 7.6/10 |
| 8 | Resolver Risk intelligence platform that supports internal audit execution, incident management, and reporting. | enterprise | 8.1/10 | 8.5/10 | 7.6/10 | 7.8/10 |
| 9 | Workiva Cloud solution for connected reporting, compliance, and internal audit documentation management. | enterprise | 7.9/10 | 8.4/10 | 7.1/10 | 7.3/10 |
| 10 | IBM OpenPages AI-powered GRC platform with tools for internal audit planning, execution, and regulatory compliance. | enterprise | 8.1/10 | 8.9/10 | 7.2/10 | 7.6/10 |
Cloud-based platform that streamlines internal audit planning, execution, reporting, and risk management.
End-to-end audit management software for planning, fieldwork, and reporting in internal audits.
Analytics-driven platform for managing internal audits, risks, and compliance with real-time insights.
Comprehensive audit software that automates workflows for internal audit cycles and resource allocation.
Integrated GRC platform with robust internal audit management, risk assessment, and issue tracking.
Enterprise governance, risk, and compliance solution featuring advanced internal audit capabilities.
No-code platform for building custom internal audit programs, workflows, and risk monitoring.
Risk intelligence platform that supports internal audit execution, incident management, and reporting.
Cloud solution for connected reporting, compliance, and internal audit documentation management.
AI-powered GRC platform with tools for internal audit planning, execution, and regulatory compliance.
AuditBoard
enterpriseCloud-based platform that streamlines internal audit planning, execution, reporting, and risk management.
Connected Risk platform, which unifies audit, risk, and compliance in a single interconnected system for holistic visibility.
AuditBoard is a comprehensive cloud-based platform designed for internal audit, risk, and compliance management, streamlining the entire audit lifecycle from planning and fieldwork to reporting and analytics. It offers powerful tools for risk assessments, SOX compliance, and real-time dashboards, enabling teams to identify issues proactively. With AI-driven insights and extensive integrations with ERPs like SAP and Oracle, it supports enterprise-scale operations while fostering collaboration across departments.
Pros
- End-to-end audit lifecycle automation with real-time collaboration
- Advanced AI-powered analytics and customizable dashboards
- Seamless integrations with major ERPs and GRC tools
Cons
- Steep initial learning curve for complex customizations
- Pricing is enterprise-focused and can be prohibitive for SMBs
- Limited out-of-the-box templates for niche industries
Best For
Mid-to-large enterprises with complex internal audit, risk, and SOX compliance needs seeking a unified GRC platform.
Pricing
Custom quote-based pricing; typically starts at $50,000+ annually for enterprise plans, with no public tiers.
TeamMate+
enterpriseEnd-to-end audit management software for planning, fieldwork, and reporting in internal audits.
TeamMate+ Analytics: Integrated data analytics engine for proactive risk detection and audit insights from large datasets.
TeamMate+ is a comprehensive internal audit management software that covers the full audit lifecycle, from risk assessment and planning to fieldwork, reporting, and follow-up. It provides advanced analytics, customizable workflows, and integration with ERP systems for enterprise-scale operations. Designed by Wolters Kluwer, it emphasizes data-driven insights and compliance for internal audit teams.
Pros
- End-to-end audit workflow automation
- Powerful built-in analytics and visualization tools
- Strong scalability and ERP integrations
Cons
- Steep learning curve for new users
- High cost unsuitable for small teams
- Limited native mobile app functionality
Best For
Large enterprises with complex, high-volume internal audit programs needing advanced analytics and compliance features.
Pricing
Custom enterprise pricing via quote; typically starts at $30,000+ annually for mid-sized deployments, based on users and modules.
Diligent HighBond
enterpriseAnalytics-driven platform for managing internal audits, risks, and compliance with real-time insights.
Storyboard analytics for interactive, data-driven audit reporting and visualizations
Diligent HighBond is a robust governance, risk, and compliance (GRC) platform that excels in internal audit management by enabling end-to-end audit lifecycle automation, from planning and fieldwork to reporting and remediation. It integrates audit, risk, and control activities into a unified environment with advanced analytics and visualizations for real-time insights. Designed for enterprise-scale operations, HighBond fosters collaboration across teams while ensuring compliance with standards like SOX, COSO, and ISO.
Pros
- Comprehensive GRC integration for holistic audit management
- Powerful analytics and customizable visualizations
- Strong automation for workflows and evidence collection
Cons
- Steep learning curve for non-technical users
- High implementation and customization costs
- Complex interface can overwhelm smaller teams
Best For
Large enterprises and complex organizations needing an integrated platform for audit, risk, and compliance management.
Pricing
Custom enterprise pricing, typically starting at $50,000+ annually based on users, modules, and deployment scale.
Ideagen Pentana Audit
enterpriseComprehensive audit software that automates workflows for internal audit cycles and resource allocation.
Integrated audit universe and risk heat maps for dynamic, risk-prioritized planning
Ideagen Pentana Audit is a robust internal audit management software that supports the full audit lifecycle, from risk-based planning and scoping to fieldwork, evidence management, and reporting. It provides customizable methodologies aligned with standards like those from the IIA, COSO, and ISO, along with integrated risk registers and analytics for informed decision-making. The platform is designed for enterprises needing scalable GRC solutions, offering workflow automation and real-time dashboards for audit teams.
Pros
- Comprehensive end-to-end audit lifecycle management
- Powerful risk assessment and analytics tools
- Flexible, standards-compliant methodology library
Cons
- Steep learning curve for new users
- Outdated user interface in some areas
- High implementation and customization costs
Best For
Mid-to-large enterprises with complex, high-volume internal audit programs requiring deep GRC integration.
Pricing
Quote-based enterprise pricing; annual subscriptions typically start at $25,000+ depending on users, modules, and deployment.
MetricStream
enterpriseIntegrated GRC platform with robust internal audit management, risk assessment, and issue tracking.
AI-powered continuous auditing and predictive risk insights
MetricStream is a comprehensive governance, risk, and compliance (GRC) platform with robust internal audit management capabilities, enabling organizations to streamline audit planning, execution, fieldwork, and reporting. It supports risk-based auditing, automated workflows, issue tracking, and real-time analytics through an integrated dashboard. The solution excels in connecting audits with broader risk and compliance functions for holistic oversight.
Pros
- End-to-end audit lifecycle management with automation
- Advanced AI-driven analytics and continuous monitoring
- Seamless integration across GRC modules
Cons
- Complex implementation requiring significant setup time
- Steep learning curve for non-technical users
- High cost suited mainly for large enterprises
Best For
Large organizations with complex, enterprise-wide audit programs needing integrated GRC functionality.
Pricing
Custom enterprise pricing based on modules and users; typically starts at $100,000+ annually (quote required).
Archer IRM
enterpriseEnterprise governance, risk, and compliance solution featuring advanced internal audit capabilities.
Low-code configuration engine allowing field-level customization without programming for tailored audit processes
Archer IRM is a comprehensive Governance, Risk, and Compliance (GRC) platform from RSA that provides robust internal audit management capabilities within an integrated risk management framework. It supports the full audit lifecycle, including planning, risk assessment, fieldwork execution, issue tracking, and reporting with advanced analytics. Designed for enterprise-scale deployments, it enables risk-based auditing and seamless integration with other GRC functions like compliance and vendor risk.
Pros
- Highly configurable low-code platform for custom audit workflows
- Enterprise-grade scalability and integration with ERPs/SOA tools
- Strong risk quantification and analytics for audit prioritization
Cons
- Steep learning curve and complex initial setup
- High implementation costs and long deployment times
- Pricing lacks transparency and is premium-tier
Best For
Large enterprises with complex GRC needs seeking an integrated platform for internal audits alongside risk and compliance management.
Pricing
Custom enterprise subscription pricing; typically starts at $100,000+ annually based on modules and users—contact sales for quotes.
LogicGate
enterpriseNo-code platform for building custom internal audit programs, workflows, and risk monitoring.
No-code drag-and-drop builder for creating fully tailored audit workflows and applications
LogicGate is a cloud-based, no-code GRC platform that streamlines internal audit management by enabling customizable workflows for audit planning, execution, fieldwork, and reporting. It supports risk assessments, control testing, issue tracking, and compliance monitoring, integrating data from various sources for a unified audit view. The platform's flexibility allows organizations to tailor audit processes without extensive coding or IT dependency.
Pros
- Highly customizable no-code workflows for audit lifecycle management
- Strong integration with third-party tools and real-time analytics
- Automated evidence collection and reporting capabilities
Cons
- Steep learning curve for complex customizations
- Pricing is enterprise-focused and can be costly for smaller teams
- Limited out-of-the-box templates compared to specialized audit tools
Best For
Mid-sized to large enterprises needing a flexible, integrated GRC platform with strong internal audit customization.
Pricing
Custom quote-based pricing; typically starts at $20,000-$50,000 annually depending on users and modules.
Resolver
enterpriseRisk intelligence platform that supports internal audit execution, incident management, and reporting.
Unified GRC platform that seamlessly connects audit management with risk, compliance, and incident tracking
Resolver is a comprehensive governance, risk, and compliance (GRC) platform that offers robust internal audit management tools, enabling organizations to streamline audit planning, fieldwork, execution, and reporting. It supports risk-based audit methodologies with automated workflows, issue tracking, and real-time dashboards for better visibility. The software integrates audit functions with broader risk and compliance modules, facilitating a unified approach to enterprise governance.
Pros
- Comprehensive audit lifecycle management with customizable workflows
- Strong integration with other GRC modules for holistic risk oversight
- Advanced reporting and analytics with real-time dashboards
Cons
- Steep learning curve due to extensive customization options
- High cost suitable mainly for enterprises
- Limited transparency on pricing without a demo
Best For
Mid-to-large enterprises seeking an integrated GRC solution with advanced audit management capabilities.
Pricing
Custom enterprise pricing based on modules and users; typically starts at $50,000+ annually with quote required.
Workiva
enterpriseCloud solution for connected reporting, compliance, and internal audit documentation management.
Connected data platform that automatically links and updates audit reports across Excel, Word, and PowerPoint to eliminate silos and errors
Workiva is a cloud-based platform primarily designed for connected reporting, compliance, and risk management, with capabilities extending to internal audit through its governance, risk, and compliance (GRC) modules. It enables audit teams to manage risks, perform control testing, and generate integrated audit reports by linking data from multiple sources in real-time. While not a pure-play audit tool, it excels in collaborative reporting and SOX compliance workflows for enterprises.
Pros
- Seamless data integration across financial and operational systems for audit evidence collection
- Real-time collaboration and version control for audit teams and stakeholders
- Robust security and compliance features tailored for SOX and regulatory audits
Cons
- Steep learning curve due to its comprehensive enterprise focus
- High cost structure not ideal for smaller organizations
- Less specialized in core audit fieldwork and planning compared to dedicated tools
Best For
Large enterprises with complex, multi-regulatory compliance needs that require integrated audit reporting and risk management.
Pricing
Custom enterprise subscription pricing; typically starts at $50,000+ annually depending on modules and users, with request-a-quote model.
IBM OpenPages
enterpriseAI-powered GRC platform with tools for internal audit planning, execution, and regulatory compliance.
Unified data model with AI-driven analytics that connects audit processes to enterprise-wide risk and compliance data
IBM OpenPages is a comprehensive governance, risk, and compliance (GRC) platform with dedicated modules for internal audit management, enabling organizations to plan, execute, track, and report on audits efficiently. It integrates audit workflows with risk assessment, control testing, issue remediation, and continuous monitoring in a unified environment. Leveraging IBM Watson AI, it provides advanced analytics and predictive insights to enhance audit effectiveness and decision-making.
Pros
- Robust integration across GRC functions including audit, risk, and compliance
- AI-powered analytics for risk prediction and audit insights
- Highly scalable for large enterprises with global operations
Cons
- Steep learning curve and complex configuration
- High implementation and customization costs
- Enterprise pricing lacks transparency for smaller organizations
Best For
Large enterprises and multinational corporations requiring an integrated GRC platform with advanced internal audit management capabilities.
Pricing
Custom enterprise licensing with modular subscriptions; quotes typically start at $100,000+ annually depending on users, modules, and deployment scale.
Conclusion
The reviewed tools provide robust solutions, with AuditBoard leading as the top choice for streamlining internal audit planning, execution, and reporting. TeamMate+ excels in end-to-end workflows, while Diligent HighBond impresses with analytics-driven real-time insights—each offering unique strengths to meet diverse organizational needs. Together, they set the benchmark for efficient and effective internal audit management.
Take the next step in elevating your internal audit process: explore AuditBoard today to unlock streamlined workflows, enhanced reporting, and better risk management.
Tools Reviewed
All tools were independently evaluated for this comparison