Case Study: GreenSky achieves IPO readiness and strengthened SOX controls with AuditBoard

How GreenSky Enhanced Their IPO Readiness with AuditBoard

GreenSky, a fintech that provides mobile, online, and in-store point-of-sale financing, needed to prepare for an IPO by standing up and scaling a SOX program after relying on spreadsheet-driven, manual processes. To address control gaps, inconsistent control language, and slow remediation tracking, GreenSky turned to AuditBoard for a unified solution to formalize financial reporting controls and readiness for becoming a public company.

AuditBoard implemented its integrated platform—using modules such as WorkStream and CrossComply (with SOXHub and OpsAudit)—to centralize control documentation, map controls across multiple frameworks, and provide real-time visibility into issues and remediation. As a result, AuditBoard helped GreenSky achieve enhanced confidence in its control environment ahead of the IPO, a common control language across the business, faster remediation and quarterly reporting, and mapped controls across SOC 1, SOX, PCI and NIST CSF.

GreenSky

Brian Madonia

Senior Vice President