Case Study: Texas Farm Credit achieves real-time risk visibility and audit efficiency with AuditBoard

How Texas Farm Credit’s Small Audit Team Delivers Real-Time Risk Data to Management

Texas Farm Credit, a borrower-owned cooperative lending institution, relied on a four-person, geographically dispersed audit team that struggled with a manual audit environment: version control problems, time-consuming administrative tasks, poor communication, and delays in delivering real-time risk information. To address these challenges they selected AuditBoard, implementing solutions including SOXHUB and OpsAudit.

AuditBoard centralized workflows and introduced features like time tracking, hashtagging, and Word integration to streamline fieldwork and reporting, enabling the team to complete roughly 80% of audit reports during fieldwork, reduce admin overhead, resolve version control issues, and add more audits to the plan. By delivering real-time risk and remediation visibility to management and stakeholders, AuditBoard helped Texas Farm Credit demonstrate clear ROI and improve decision-making.

Texas Farm Credit

Ashley Martin

Internal Audit Manager