Over 50% of Fortune 500 Now Use AuditBoard’s Modern Connected Risk Platform

AuditBoard empowers the world’s top companies to drive business value in the face of ever-changing risks and regulations

LOS ANGELES, CA — October 17, 2024 — AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today announced that more than 50 percent of the Fortune 500, and 7 of the Fortune 10, now use AuditBoard’s modern connected risk platform. This milestone is the result of the market’s overwhelmingly positive response to AuditBoard’s innovative and award-winning connected approach to helping customers manage risk across the enterprise. 

AuditBoard’s commitment to replacing outdated, manual processes with cloud-based solutions has resonated deeply with enterprises seeking greater visibility and control over their risk landscape. The company’s recently published 2024 Digital Risk Report highlights this shift, revealing that 81% of security professionals now use cloud-based risk management software as a primary tool for managing digital risk.

“AuditBoard is built by and for practitioners, and we obsessively focus on providing innovative solutions to help our customers navigate today’s dynamic risk landscape,” said Scott Arnold, AuditBoard President and CEO. “We are honored to now serve over 50% of the Fortune 500 and to keep innovating in partnership with these prestigious organizations.”

“Thanks to AuditBoard’s commitment to its customers, our team has been able to focus on high-priority tasks, offer insights that drive real-time decisions, and create a more comprehensive risk and controls strategy and visibility within our organization,” said Vijayant Sitani, Chief Audit Executive at PACCAR. “We’re now recognized as the go-to source for risk and controls and viewed as trusted business partners.”