AuditBoard, the global leader in connected risk management and transformation across audit, risk, and compliance, has announced an expanded collaboration with Deloitte. This enhanced alliance will provide joint clients with personalised, on-the-ground support aimed at streamlining workflows, meeting regulatory obligations, and uncovering actionable insights within their audit and risk functions.
Coinciding with AuditBoard’s recent launch into the German market, Deloitte Germany is setting up a dedicated Centre of Excellence. This initiative is designed to facilitate the deployment of AuditBoard solutions while offering immediate value to organisations across Europe, the Middle East, and Africa.
The newly formed certified team will deliver expert-led training, curated resources, relevant content, and consultancy services tailored specifically to address the unique regulatory and operational needs of German-based and regional clients.
The partnership comes at a time when organisations are increasingly turning to AI-centric platforms such as AuditBoard to boost the productivity of their teams. In global internal audit and GRC functions in particular, manual processes lead to significant efficiency losses. According to a survey of 232 German audit managers, 66 per cent plan their audits at least partially manually, which makes it difficult to optimally allocate resources and react quickly to new risks. Over two-thirds of respondents also rely on manual or partially manual reporting processes, which limit the timeliness and analytical depth of risk reporting for company management.
‘The expanded alliance comes at just the right time to help organisations transform their audit and risk processes,’ explains Bert Glorieux, Partner at Deloitte Germany. ‘With Deloitte’s extensive industry experience and AuditBoard’s innovative technology, German clients can optimise their governance, risk and compliance processes, realise efficiency gains and achieve better business results.’
Ravi Patel, Director of Alliances, EMEA, at AuditBoard, added: “This collaboration builds on the success of the Deloitte and AuditBoard partnership to date, which has delivered successful implementations and measurable results for hundreds of major clients. Together, we will deliver sustainable value to our clients in Germany and promote excellence in audit and compliance.”
AuditBoard’s growth is based in part on the success of AuditBoard AI, an intelligent solution that supports advanced workflows in audit, risk and compliance. These features allow teams to save valuable time and focus on the most strategic issues.
For more information on how AuditBoard and Deloitte are working together to overcome challenges in risk management and compliance, please visit AuditBoard.com.
