- In May 2025, Workiva Inc. secured USD 120 million in funding, led by BlackRock, to scale its audit software offerings and strengthen its cloud-based platform. This substantial investment is expected to accelerate Workiva’s innovation and market expansion, reinforcing its position as a key player in the growing audit software landscape
- In March 2025, SAP SE and Deloitte announced a strategic partnership to integrate SAP GRC Audit Center with Deloitte’s audit services. This collaboration is anticipated to significantly boost market competitiveness by merging SAP’s audit technology with Deloitte’s domain expertise, thereby enhancing audit accuracy, efficiency, and value delivery across client organizations
- In January 2024, Intuit Inc. launched Intuit Audit, a new audit software solution tailored for small and medium-sized accounting firms. By automating routine tasks and delivering real-time analytics, the solution aims to reduce manual errors and operational friction, helping Intuit gain traction in the SME audit software segment.
- In January 2024, MetricStream, a significant player in the audit software market, acquired Intelex Technologies, known for its environmental, health, and safety (EHS) management systems. This acquisition aims to enhance MetricStream’s audit management product offerings and broaden its market presence
- In January 2024, Netwrix Corporation, a leading provider of audit software, unveiled its newest audit management solution, Netwrix Auditor 11.5. This updated version features enhanced data analytics capabilities, a revamped user interface, and seamless integration with popular enterprise applications
