Tools & Technology

Diligent Unveils AuditAI to Revolutionize Internal Audits with AI-Driven Automation

Global · · fintech.global

Diligent, a leading provider of GRC software, has launched AuditAI, an innovative AI-powered solution designed to transform internal audit functions. Introduced at The Institute of Internal Auditors’ GAM 2026 conference, AuditAI aims to shift auditing from manual, reactive processes to a proactive, strategic approach, leveraging AI to automate time-consuming tasks and provide continuous risk monitoring. This new product promises significant operational efficiencies, allowing audit teams to focus on higher-value analysis and advisory work.


Transforming Internal Audit with AI

Diligent's new AuditAI product represents a significant leap forward in internal audit technology, aiming to address the growing pressures on audit teams to expand oversight and deliver deeper insights without increasing headcount. By integrating agentic AI capabilities, AuditAI automates many of the labor-intensive stages of the audit lifecycle, moving away from traditional sample-based testing towards continuous risk monitoring. This shift enables internal audit professionals to reallocate their time from administrative tasks to more strategic analysis and advisory roles, ultimately enhancing the value they bring to their organizations.

Key Features and Operational Benefits

AuditAI introduces a suite of functionalities designed to streamline and enhance audit processes. These include AI planning and control intelligence that recommends audit structures and identifies regulatory gaps, contextualized AI that analyzes relationships between risks, controls, and findings across the Diligent One Platform, and automated request and evidence management. Early adopters have reported substantial operational improvements, with some organizations reducing time spent on audit administration by approximately 70%, cutting audit cycles from 120 hours to about 35 hours. This efficiency gain allows for more agile and responsive audit programs.

Strategic Impact for Audit and Assurance Professionals

For audit and assurance professionals, AuditAI offers a powerful tool to meet the evolving demands of modern governance, risk, and compliance. By automating routine tasks and providing real-time insights, the platform empowers auditors to deliver more comprehensive and timely assurance. The integration with existing tools like ACL AI and Smart Prep 360 within Diligent Boards ensures a cohesive ecosystem for risk management. Furthermore, AuditAI's ability to translate complex risk data into clear, board-ready updates enhances transparency and supports informed decision-making at the highest levels of an organization, reinforcing the strategic importance of the internal audit function.

Enhanced Assurance and Risk Management

The solution's focus on strengthening assurance processes through automation, while maintaining auditor oversight, is critical. Structured workflows, approvals, and traceability are built into the system, ensuring compliance and defensibility across audit, risk, and compliance programs. This robust framework allows audit teams to adapt plans as new risks emerge, providing a more dynamic and effective approach to risk management. Ultimately, AuditAI helps internal audit leaders expand coverage, drive greater impact, and provide contextual assurance, all while optimizing resource allocation.


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