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AuditBoard and Protiviti Extend Alliance to Empower Internal Audit Teams in Japan

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AuditBoard and Protiviti have expanded their partnership to offer localized support for customers in Japan. This collaboration aims to transform internal audit initiatives by combining AuditBoard's cloud-based platform for audit, risk, compliance, and ESG management with Protiviti's expertise in governance, risk, compliance, and internal audit.

Protiviti Japan is now a certified implementation and customer services partner for AuditBoard's SOXHUB, OpsAudit, and RiskOversight. They will provide services including change management, content creation, training, integrations, dashboarding, and platform support. This partnership is expected to help Japanese companies enhance their GRC practices and foster sustainable growth.

AuditBoard e Protiviti hanno ampliato la loro partnership per offrire supporto localizzato ai clienti in Giappone. Questa collaborazione mira a trasformare le iniziative di audit interno combinando la piattaforma basata su cloud di AuditBoard per audit, rischio, conformità e gestione ESG con l'esperienza di Protiviti in governance, rischio, conformità e audit interno.

Protiviti Japan è ora un partner certificato per l'implementazione e i servizi ai clienti di SOXHUB, OpsAudit e RiskOversight di AuditBoard. Offriranno servizi che includono gestione del cambiamento, creazione di contenuti, formazione, integrazioni, cruscotti e supporto alla piattaforma. Si prevede che questa partnership aiuti le aziende giapponesi a migliorare le proprie pratiche GRC e a promuovere una crescita sostenibile.

AuditBoard y Protiviti han ampliado su asociación para ofrecer soporte localizado a los clientes en Japón. Esta colaboración tiene como objetivo transformar las iniciativas de auditoría interna combinando la plataforma basada en la nube de AuditBoard para auditoría, riesgo, cumplimiento y gestión ESG con la experiencia de Protiviti en gobernanza, riesgo, cumplimiento y auditoría interna.

Protiviti Japón ahora es un socio certificado de implementación y servicios al cliente para SOXHUB, OpsAudit y RiskOversight de AuditBoard. Proporcionarán servicios que incluyen gestión del cambio, creación de contenido, formación, integraciones, tableros y soporte de plataforma. Se espera que esta asociación ayude a las empresas japonesas a mejorar sus prácticas de GRC y fomentar un crecimiento sostenible.

AuditBoard와 Protiviti는 일본 고객을 위한 현지화 지원을 제공하기 위해 파트너십을 확대했습니다. 이 협력은 AuditBoard의 클라우드 기반 감사, 리스크, 컴플라이언스 및 ESG 관리 플랫폼과 Protiviti의 거버넌스, 리스크, 컴플라이언스 및 내부 감사 전문성을 결합하여 내부 감사 이니셔티브를 혁신하는 것을 목표로 합니다.

Protiviti Japan은 이제 AuditBoard의 SOXHUB, OpsAudit 및 RiskOversight의 인증된 구현 및 고객 서비스 파트너입니다. 그들은 변화 관리, 콘텐츠 제작, 교육, 통합, 대시보드 및 플랫폼 지원을 포함한 서비스를 제공할 것입니다. 이 파트너십은 일본 기업들이 GRC 관행을 향상시키고 지속 가능한 성장을 촉진하는 데 도움이 될 것으로 예상됩니다.

AuditBoard et Protiviti ont élargi leur partenariat pour offrir un soutien localisé aux clients au Japon. Cette collaboration vise à transformer les initiatives d'audit interne en combinant la plateforme basée sur le cloud d'AuditBoard pour l'audit, le risque, la conformité et la gestion ESG avec l'expertise de Protiviti en matière de gouvernance, de risque, de conformité et d'audit interne.

Protiviti Japon est désormais un partenaire certifié pour la mise en œuvre et les services aux clients de SOXHUB, OpsAudit et RiskOversight d'AuditBoard. Ils fourniront des services tels que la gestion du changement, la création de contenu, la formation, les intégrations, les tableaux de bord et le support de la plateforme. Cette partenariat devrait permettre aux entreprises japonaises d'améliorer leurs pratiques en matière de GRC et de favoriser une croissance durable.

AuditBoard und Protiviti haben ihre Partnerschaft erweitert, um lokalisierten Support für Kunden in Japan anzubieten. Diese Zusammenarbeit zielt darauf ab, Initiativen zur internen Revision zu transformieren, indem die cloudbasierte Plattform von AuditBoard für Audit, Risiko, Compliance und ESG-Management mit der Expertise von Protiviti in Governance, Risiko, Compliance und interner Revision kombiniert wird.

Protiviti Japan ist nun ein zertifizierter Implementierungs- und Kundenservice-Partner für die Systeme SOXHUB, OpsAudit und RiskOversight von AuditBoard. Sie werden Dienstleistungen anbieten, die Änderungsmanagement, Inhaltserstellung, Schulung, Integrationen, Dashboarding und Plattformunterstützung umfassen. Es wird erwartet, dass diese Partnerschaft japanischen Unternehmen hilft, ihre GRC-Praktiken zu verbessern und nachhaltiges Wachstum zu fördern.

Positive
  • Expansion of AuditBoard's services into the Japanese market
  • Localized support and expertise through partnership with Protiviti Japan
  • Potential for increased customer base and market share in Japan
Negative
  • None.

Insights

The expanded partnership between AuditBoard and Protiviti in Japan is a strategic move, but its immediate impact on AuditBoard's financials is likely While it opens up opportunities in the Japanese market, which is the world's third-largest economy, the governance, risk and compliance (GRC) software market in Japan is still developing. The partnership addresses a important need for localized support and expertise in navigating Japan's complex regulatory landscape, potentially accelerating AuditBoard's market penetration.

However, the adoption rate of cloud-based GRC solutions in Japan has traditionally been slower compared to other developed markets, partly due to conservative business practices and data security concerns. This partnership could help overcome these barriers, but it may take time to see significant revenue growth. Investors should view this as a long-term strategic play rather than an immediate revenue booster. The success of this expansion will largely depend on how effectively AuditBoard and Protiviti can adapt their offerings to meet the specific needs of Japanese businesses and regulatory requirements.

From a technological standpoint, this partnership highlights the growing importance of localization in SaaS platforms, especially in highly regulated industries. AuditBoard's ability to offer its platform with local support and in Japanese language demonstrates its commitment to market-specific customization, which is important for global expansion in the enterprise software space.

The collaboration also underscores the trend of combining software platforms with expert consulting services to provide comprehensive solutions. This integrated approach can potentially lead to higher customer retention rates and increased average revenue per user (ARPU) for AuditBoard. However, it's worth noting that such partnerships also come with challenges, such as ensuring seamless integration between software and services and maintaining consistent quality across different markets. The success of this venture will depend on how well AuditBoard and Protiviti can execute their joint strategy and adapt to the unique technological and cultural nuances of the Japanese market.

AuditBoard Customers in Japan will now have local support, in Japanese, through an extended Protiviti partnership

TOKYO--(BUSINESS WIRE)-- AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, and Protiviti, a global consulting firm with deep expertise in governance, risk, compliance, and internal audit, have expanded their existing partnership, offering customers in Japan local support to transform internal audit initiatives.

Protiviti’s deep understanding of the ever-changing regulatory landscape for audit in Japan, as well as the AuditBoard connected risk platform, will make an immediate impact for customers as they navigate shifting regulations in the region. Together, AuditBoard and Protiviti aim to help customers refine their internal audit processes and serve as integral partners to their organizations.

Protiviti Japan is a certified implementation and customer services partner of AuditBoard for SOXHUB, OpsAudit, and RiskOversight. In addition to the AuditBoard implementation services offered across J-SOX, Internal Audit, and Risk, Protiviti Japan offers services surrounding customers’ governance, risk, and compliance technology to ensure successful implementation and adoption of the platform. This includes enabling change management, content creation, training, integrations, dashboarding, and platform support services.

“We are delighted to announce the expansion of our strong partnership with AuditBoard into the Japanese market,” said Fumihito Fujiwara, Managing Director of Protiviti Japan. “By combining AuditBoard’s modern connected risk platform with Protiviti’s expertise and tailored services in the GRC field, we will support Japanese companies in enhancing their governance, risk management and compliance practices while fostering sustainable growth. We’re confident that this powerful collaboration will accelerate the advancement of GRC practices among Japanese companies.”

"We're thrilled to offer localized services to our Japanese customers by extending our existing global alliance with Protiviti," said Scott Whitlock, VP of Alliances at AuditBoard. “We have seen the value of this partnership for customers over and over again, and look forward to delivering that same level of value to our customers in Japan by adding Protiviti's best-of-breed audit frameworks and processes with AuditBoard's industry-leading software.”

For more information about the partnership, visit AuditBoard.com.

About AuditBoard

AuditBoard is the leading cloud-based platform transforming audit, risk, compliance, and ESG compliance management. Nearly 50% of the Fortune 500 leverage AuditBoard to move their businesses forward with greater clarity and agility. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the fifth year in a row as one of the fastest-growing technology companies in North America by Deloitte. To learn more, visit: AuditBoard.com.

About Protiviti

Protiviti (www.protiviti.com) is a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help leaders confidently face the future. Protiviti and its independent and locally owned member firms provide clients with consulting and managed solutions in finance, technology, operations, data, digital, legal, HR, risk and internal audit through a network of more than 90 offices in over 25 countries.

Named to the Fortune 100 Best Companies to Work For® list for the 10th consecutive year, Protiviti has served more than 80 percent of Fortune 100 and nearly 80 percent of Fortune 500 companies. The firm also works with government agencies and smaller, growing companies, including those looking to go public. Protiviti is a wholly owned subsidiary of Robert Half (NYSE: RHI).

Laura Groshans

press@auditboard.com

Source: AuditBoard

FAQ

What services will AuditBoard offer in Japan through its partnership with Protiviti?

AuditBoard will offer localized support for its cloud-based platform, including implementation services for SOXHUB, OpsAudit, and RiskOversight, as well as services related to J-SOX, Internal Audit, and Risk management.

How will the AuditBoard and Protiviti partnership benefit Japanese companies?

The partnership aims to help Japanese companies enhance their governance, risk management, and compliance practices while fostering sustainable growth by combining AuditBoard's platform with Protiviti's expertise in the GRC field.

What specific services will Protiviti Japan provide as part of this partnership?

Protiviti Japan will offer services including change management, content creation, training, integrations, dashboarding, and platform support to ensure successful implementation and adoption of AuditBoard's platform.

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