AuditBoard (now Optro) vs Quantivate Internal Audit

AuditBoard, now Optro, is a paid AI-powered GRC platform connecting audit, risk, information security and compliance work. Optro AI uses GRC-focused models, configurable oversight and audit trails for AI activity. Audit workflows can assist with planning, sampling, evidence gathering, document annotation and continuous testing, while Optro Analytics schedules automated workflows and checks full data populations for control failures. A preloaded library contains more than 30 frameworks, including SOC 2, ISO 27001 and GDPR. Listed integrations include Power BI, Tableau, Oracle NetSuite, Workday, Paylocity, Jira, ServiceNow, Azure DevOps, Microsoft Teams, Slack, Google Drive and Microsoft Office. Access options include REST and SCIM APIs, an MCP server and secure PostgreSQL access to Optro data. Optro says its information security program is ISO 27001 certified and its application runs on cloud infrastructure meeting FedRAMP Moderate requirements. It says customer data is not used to train Optro AI or other models, with customers retaining control and ownership of inputs and outputs. Pricing is on request; flexible plans are tailored to business needs and include unlimited stakeholder licenses.

Quantivate Internal Audit manages the internal audit lifecycle, including risk assessment, planning, workpapers, findings, management responses, status, and follow-up. A centralized digital library stores audit plans, reports, findings, and related materials. Teams can configure workflows and automatic alerts for scheduling and task assignments, then track corrective actions. Resource tools include an auditor skillset database, resource planning, and time tracking for hours and costs. Report Builder supports customized reports, data visualizations, and exports, while dashboards, built-in templates, and document management support daily audit work. Quantivate describes the SaaS interface as customizable to an organization’s processes without requiring a predetermined workflow. The product is described as aligned with Institute of Internal Auditors standards. It supports web access, single sign-on, and user provisioning that creates an account at first login. Data can be shared with enterprise risk-management data and controls. Quantivate states that its controls meet AICPA Trust Services Criteria and describes the platform as SOC 2 Type 2 compliant. Pricing is on request, with a demo offered.