AuditBoard has unveiled Accelerate, an AI-powered solution, designed to enhance capabilities in risk management by introducing natural-language workflows, continuous auditing, document intelligence, and agentic AI. This offering represents the latest advancement from AuditBoard, a platform known for connecting audit, risk, and compliance functions.
Building on existing AI innovations, Accelerate aims to strengthen the efficiency of global risk management teams with a groundbreaking AI-driven risk platform.
According to Olabode Olaoke, Head of Cybersecurity Risk at Block, "AuditBoard's AI has already been instrumental in our security risk oversight, and we're just scratching the surface of its potential. It has fundamentally changed how our teams work, generating faster insights and helping us make a meaningful impact on the business. We're eager to see how AuditBoard's new AI functionality will revolutionize our workflows and unlock the next level of efficiency for our team."
Innovative AI Functionality
Compliance teams are equipped to enhance their roles significantly, focusing on security and trust
The Accelerate platform enables risk teams to proactively generate insights, transforming them into strategic business partners.
Compliance teams are equipped to enhance their roles significantly, focusing on security and trust. Internal audit teams can now transition from manual tasks to delivering strategic insights, enhancing communication with CFOs and executive management.
AuditBoard packages these capabilities into a unified experience, offering tools such as:
- Audit Agent: Audit fieldwork is transformed with accelerated control testing and streamlined documentation, allowing detailed annotation of documents to boost audit efficiency.
- Continuous Monitoring: Automation replaces manual evidence collection, facilitating ongoing assurance through continuous control testing.
- Document Intelligence: Raw notes are automatically converted into audit-ready documents, facilitating the creation of comprehensive stakeholder reports and enhancing insights.
AI Capabilities and Strategic Impact
Happy Wang, Chief Product and Technology Officer at AuditBoard, remarks, "Accelerate is a huge unlock for how our customers run their teams. GRC teams can leverage the enterprise-grade capabilities of AI Accelerate to automate fieldwork, generate audit-ready outputs, and surface real-time insights — truly becoming strategic partners for their business."
AuditBoard ensures that its AI capabilities remain precise, accountable, and secure. They are domain-trained with auditable features, logging actions for oversight, compliance, and adherence to internal standards. Practitioners can maintain control by applying their judgment while the AI assists in expediting work processes.
AuditBoard, the AI-powered global platform for connected risk transforming audit, risk, and compliance, announced the launch of Accelerate, a powerful new AI solution that delivers natural-language workflows, continuous auditing and monitoring, document intelligence, and agentic AI.
The launch builds on the strong foundation of AuditBoard’s existing AI innovations, further empowering global risk teams with the world’s first AI-driven connected risk platform.
AuditBoard’s new AI functionality
“AuditBoard’s AI has already been instrumental in our security risk oversight, and we’re just scratching the surface of its potential,” said Olabode Olaoke, Head of Cybersecurity Risk, Block.
“It has fundamentally changed how our teams work, generating faster insights and helping us make a meaningful impact on the business. We’re eager to see how AuditBoard’s new AI functionality will revolutionize our workflows and unlock the next level of efficiency for our team.”
Transformational GRC-trained AI
With Accelerate, risk teams can deliver proactive insights and become a strategic enabler of the business, compliance teams can move faster and elevate their role as enablers of security, trust, and growth, and internal audit teams can shift from executing manual control checks to analyzing root causes and delivering strategic insights to the CFO and executive leadership.
Accelerate consolidates AuditBoard’s newest AI capabilities into a single experience for these teams, including:
- Audit Agent: Transform audit fieldwork by reducing weeks of work into hours through accelerated control testing and documentation cycles. Leverage AI to select representative, risk-based samples that improve accuracy, consistency, and audit efficiency. And, rapidly annotate large volumes of receipts and supporting documents to streamline testing.
- Continuous monitoring and continuous auditing: Eliminate manual evidence collection and reviews, and move away from point-in-time assurance with continuous auditing and control testing.
- Document Intelligence: Turn raw notes into audit-ready artifacts to glean insights and generate stakeholder reports, consolidating progress and insights from multiple audits into clear status summaries. Automatically transform walkthrough notes into detailed narratives and cross-audit summaries that surface key risks, processes, and trends to enhance coverage and insight.
Enterprise-grade capabilities of AI
"Accelerate is a huge unlock for how our customers run their teams," said Happy Wang, Chief Product and Technology Officer at AuditBoard, adding "GRC teams can leverage the enterprise-grade capabilities of AI Accelerate to automate fieldwork, generate audit-ready outputs, and surface real-time insights — truly becoming strategic partners for their business."
Oversight, compliance, and internal standards
AuditBoard’s AI is designed for precision and accountability. Capabilities are domain-trained, secure, and auditable, with actions logged and traceable to support oversight, compliance, and internal standards.
Practitioners remain in control, applying human judgment while AI accelerates the work.
