Case Study: Lennar achieves 206% ROI and accelerated SOX & audit modernization with AuditBoard

Lennar Realizes 206% ROI With Connected Risk Technology While Accelerating Audit Modernization

Lennar, a leading U.S. home builder and financial services firm, faced time-consuming, manual SOX and audit cycles and fragmented control and risk data that hindered collaboration and efficiency. To modernize audit processes and create a shared risk language across teams, Lennar selected AuditBoard’s connected risk platform and SOX Risk Assessments to centralize controls and automate workflows.

AuditBoard delivered a unified, purpose-built platform with centralized controls, automated evidence collection and reminders, live testing status, and in-app collaboration. As a result, Lennar achieved a 206% return on its three-year investment recovered in eight months, reduced redundant controls by 64%, expedited PBC collection by 71%, cut SOX scoping time by 26%, and shortened SOX control certification time by 60%, while improving stakeholder engagement and overall audit efficiency.

Lennar

Allison Waldrep

Director of Internal Audit