What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in audit software category. Our data sources in audit software category include;
Audit management software helps auditors streamline and automate audit operations. These tools enable businesses to comply with regulations by analyzing data and identifying risks and issues.
If you’d like to learn about the ecosystem consisting of Audit Software and others, feel free to check AIMultiple Governance, Risk & Compliance.
AIMultiple is data driven. Evaluate 160 services based on
comprehensive, transparent and objective AIMultiple scores.
For any of our scores, click the information icon to learn how it is
calculated based on objective data.
*Products with visit website buttons are sponsored
We use the data sources on the side for ranking solutions and awarding badges in audit software category. Our data sources in audit software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Asset Panda
AuditBoard
Netwrix Auditor
iAuditor
SiteDocs
Taking into account the latest metrics outlined below, these are the current audit software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Asset Panda
AuditBoard
Access Rights Manager
Netwrix Auditor
SiteDocs
These are the number of queries on search engines which include the brand name of the solution. Compared to other Governance, Risk & Compliance categories, Audit Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 55%, 22% more than the average of search queries in this area.
59 employees work for a typical company in this solution category which is 38 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 70 companies with >10 employees are offering audit software. Top 3 products are developed by companies with a total of 9k employees. The largest company building audit software is Protiviti with more than 5,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Asset Panda
Netwrix Auditor
AuditBoard
iAuditor
Diligent Board Management Software
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Audit Software companies. The most positive word describing Audit Software is “Easy to use” that is used in 18% of the reviews. The most negative one is “Difficult” with which is used in 4.00% of all the Audit Software reviews.
According to customer reviews, most common company size for audit software customers is 51-1,000 employees. Customers with 51-1,000 employees make up 50% of audit software customers. For an average Governance, Risk & Compliance solution, customers with 51-1,000 employees make up 28% of total customers.
These scores are the average scores collected from customer reviews for all Audit Software. Audit Software is most positively evaluated in terms of "Customer Service" but falls behind in "Likelihood to Recommend".
This category was searched on average for 3.4k times per month on search engines in 2022. This number has increased to 3.6k in 2023. If we compare with other governance, risk & compliance solutions, a typical solution was searched 997 times in 2022 and this increased to 1k in 2023.