AuditBoard sets up in Germany

This partnership builds on a momentum already well underway since 2021 between the two experts. AuditBoard, present in over 30 countries worldwide, has established itself as a leading player in the intelligent automation of auditing processes. Deloitte, for its part, employs over 450,000 people in 150 countries. The firm, founded in 1845, is contributing its cutting-edge expertise to the deployment of AuditBoard in Germany.

The partnership takes another step forward with the launch of a Deloitte Center of Excellence in Germany, designed to support AuditBoard deployments throughout the country. This center will mobilize a certified team, trained to provide customers with training, resources and strategic advice, tailored to the specific challenges of the German market.

By leveraging the synergy between Deloitte’s industry expertise and AuditBoard’s technological capabilities, the two companies aim to accelerate the digital transformation of the country’s audit and compliance functions using AuditBoard AI technology. This artificial intelligence frees teams from time-consuming manual tasks, allowing them to focus on higher-value issues. This technological breakthrough has been welcomed by major industrial groups, such as ArcelorMittal, whose Senior IT Manager, Andrew van Lelyveld, says the platform has helped “modernize the control environment” at his company.

This initiative responds to a persistent problem in Germany: the lack of opportunities to digitalize audit processes. Indeed, according to a recent survey of 232 internal audit managers in Germany, 66% of companies still manage their audit planning manually, and two-thirds produce reports without full automation. These time- and energy-consuming practices hamper the agility of organizations in the face of emerging risks, and limit the accuracy of analyses transmitted to management.