Revolutionizing Internal Auditing with AI
AuditBoard has unveiled a suite of AI-powered features aimed at transforming internal auditing, enhancing efficiency, and allowing auditors to concentrate on strategic responsibilities.
AI-Powered Enhancements for Seamless Auditing
At the 2025 Great Audit Minds Conference in Orlando, Florida, AuditBoard introduced its latest AI-driven capabilities. These innovations are designed to streamline workflows for internal audit teams, making the auditing process more efficient while maintaining stringent security and privacy standards.
The Growing Role of AI in Internal Audits
According to the 2025 North American Pulse of Internal Audit report, 40% of internal audit professionals are already leveraging generative AI, with an additional 65% planning to increase its use. AuditBoard’s new features align with this trend, offering tools that simplify audit operations.
Key AI-Based Features
- AI Scoping Memos: This tool automatically analyzes audit scopes and generates structured memos, considering critical risks, key processes, and worksteps. It ensures comprehensive coverage while maintaining document consistency and accuracy.
- AI Cross-Audit Summaries: By utilizing AI, audit teams can generate executive-level summaries, consolidating findings, trends, and audit contexts into a single, actionable report. This automation eliminates manual effort while improving decision-making.
Next-Generation Reporting Capabilities
Beyond AI-driven audit tools, AuditBoard has also introduced a new reporting platform featuring:
- Real-time data insights through an intuitive interface
- Smart bookmarking with automatic updates
- Formula-based custom calculations
- Role-based permissions for enhanced security
- Direct action capabilities from dashboards
Industry Leaders on AI-Driven Auditing
Michael Higgins, Director of SOX at The Trade Desk, praised AuditBoard’s AI-driven approach, stating, “Our team has been able to automate tasks and improve audit quality and efficiency with AuditBoard AI.”
Similarly, Renee Murphy, Principal Analyst at Verndantix, highlighted the shift toward automation in auditing, emphasizing that “AuditBoard’s new capabilities address a clear market need for increased automation in internal audit processes.”
Empowering Auditors for Strategic Impact
Happy Wang, CTO at AuditBoard, reinforced the company’s mission, stating, “These innovations enable customers to integrate AI into their processes, reducing time spent on manual tasks and allowing for a greater focus on strategic initiatives.”
Explore the Future of AI in Auditing
To see these AI-driven capabilities in action, visit the AuditBoard booth at the Great Audit Minds Conference or explore more at AuditBoard.com.
For insights into how AI is streamlining other enterprise operations, check out how Boomi’s AI Studio is optimizing AI agent management.
