Verdict
AuditBoard's vendor trust profile is mixed. The dimension scores below show where to negotiate hard and what to monitor across a multi-year contract.
Vendor Trust Score
Is AuditBoard a trustworthy vendor?
7.5/10
Mixed
Pricing transparency
Published rates; no hidden fees
6.4
Contract fairness
Reasonable terms; no auto-renew traps
7.1
Incident response
How they handle outages and breaches
8.4
Post-acquisition behavior
Customer treatment after M&A or PE
7.1
Executive stability
Leadership churn over 24 months
7.8
Roadmap honesty
Public commitments held
8.1
Trust signal log
- 2022-08-15IPO process paused amid public-market volatility; valuation reset signals
- 2024-04-10Hg Capital majority recapitalization at $3B reset valuation (down from earlier $4-5B marks)
- 2024-09-12Renewal pricing pressure 15-30% emerged post-recap per customer disclosures
- 2025-03-20AuditBoard AI launched with control-testing assistance and audit-evidence drafting
Vendor Trust is scored independently of product quality. A great product from an unfair vendor still earns a low trust score.
How to read this score
- Trust is separate from product quality. A vendor can ship great software and treat customers badly — or vice versa. We score the two independently.
- 8.0+/10: strong. Few concerns at renewal or procurement.
- 6.5–7.9: mixed. Negotiate hard on the lowest dimensions; monitor across the contract term.
- 5.0–6.4: cautious. Add explicit mitigation language to the master agreement.
- Below 5.0: concerning. Treat this as a contracted-risk evaluation, not a product-fit evaluation.
- Updates: we re-verify scoring quarterly. Material trust events (acquisitions, breaches, leadership change, hostile contract terms) get logged on the timeline above.
Related editorial
Last updated 2026-05-10. Scoring methodology: editorial standards. Disagree? Tell us.