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EY and AuditBoard, a cloud-based audit, risk, compliance, and ESG management platform, have partnered to establish a Centre of Excellence in the UK to deliver tailored consulting and integration services for AuditBoard customers.
The new alliance will offer customers in the UK local support to transform their risk management strategies, with the Centre of Excellence helping customers modernise their risk management approaches and improve business outcomes within their organisations.
Since its EMEA office launch in London in 2021, AuditBoard’s team has grown from two employees to 43, all located at its London HQ, which provides regional support for a user base of nearly 10,000 users.
From 2021 to today, AuditBoard’s UK and EMEA customers have jumped from 17 to 230, all of whom can now access EY consulting services.
Chris Gallagher, EY UK&I risk consulting leader, said: “We are delighted to announce the alliance with AuditBoard in the UK market. The alliance, which began in 2022 with EY US, will be about bespoke consulting and integration services to empower businesses to navigate complex regulatory environments, and effectively leverage technological advancements.”
Ravi Patel, director of Alliances, EMEA, at AuditBoard, added: “Today’s regulatory environment requires teams to prioritise efficiency and agility in their programs. We are thrilled to be able to expand support to EMEA to equip our customers with forward-thinking risk management strategies, ensuring resilience and continuity for their organisations in an unpredictable environment.”
Hasan Ali, EY UK partner and EY UK AuditBoard Alliance lead, said: “The EY–AuditBoard alliance integrates EY’s risk consulting services with AuditBoard’s cloud-based audit, risk, and compliance management platform. This alliance offers clients advanced risk management technology and access to strategic advisors, assisting them in preparing for new regulations such as UK corporate reform, controls transformation, and initiating their Artificial Intelligence (AI) journey.”
Happy Wang, chief technology officer at AuditBoard, concluded: “These innovative new enhancements empower customers to build AI into their process DNA to reduce the amount of time spent on manual, time-consuming activities and allow them to focus on more strategic work. We are confident these features will help elevate audit teams within their organisations, enabling them to gain trust and add more business value.”
