Workiva Platform for Financial Reporting, GRC, and Sustainability

What do you like best about the product?

The ability for many people to work in the same document at the same time. Blackline, track changes, etc.

What do you dislike about the product?

I dislike that the spreadsheets lack some of the functionality I am accustomed to with Excel. Greater parity to Excel would be beneficial.

What problems is the product solving and how is that benefiting you?

XBRL tagging. That would be hard to do without Workiva

What do you like best about the product?

Workiva’s technical performance and well-organized data management are exceptional, particularly in collaborative environments. As a Compliance Manager in the financial consulting sector, my favorite capability is linking data directly from workbooks into our compliance memos and financial statements. We can update a central workbook and then simply hit publish, which keeps every document fully consistent without having to manually adjust numbers in multiple places. This real-time collaboration gives our team a clear view of control attributes, greatly reduces manual errors, and I also want to note that the initial setup was remarkably straightforward.

What do you dislike about the product?

There are a few operational areas that could be improved to make daily workflows smoother. First, I strongly believe the platform should offer automatic email notifications. Right now, I have to manually check folders every day to see whether a client has uploaded new documentation; targeted email alerts tied to specific folders would be extremely helpful.

In addition, the platform lacks an automatic roll-forward feature for recurring documents (for example, periodic financial statements), which keeps this process more manual than it needs to be. Finally, it would be beneficial to have a more autonomous, interactive AI feature perhaps similar to Claude that can directly carry out document updates, rather than only suggesting refinements.

What problems is the product solving and how is that benefiting you?

In financial consulting, maintaining data integrity and regulatory compliance is paramount. By structurally linking our final reports to the underlying workbooks, Workiva has helped us eliminate the manual data-entry errors (often referred to as “fat-fingering”) that used to occur. This approach keeps our financial documents strictly consistent, saves our team a substantial amount of time, and significantly improves the operational efficiency of our compliance management.

What do you like best about the product?

Helpful customer service with prompt response time on questions.

What do you dislike about the product?

Difficulty linking company data to Workiva worksheets.

What problems is the product solving and how is that benefiting you?

Efficiency on filing with SEC.

What do you like best about the product?

I find Workiva excellent for collaboration, which is really important to me. The version control feature is key, as it helps identify who is proposing changes and who is able to make those changes. The setup was seamless because their team is extremely helpful and knowledgeable.

What do you dislike about the product?

The initial setup process is definitely more involved.

What problems is the product solving and how is that benefiting you?

I use Workiva to automate SEC financial filings and enhance collaboration. It offers excellent version control and tracks changes, making it efficient and reliable.

What do you like best about the product?

What I like best about Workiva is its ability to centralize and streamline the entire financial reporting process in one controlled environment. The platform’s linking functionality ensures that numbers are consistent across the financial statements, footnotes, and MD&A, which significantly improves accuracy and audit defensibility. I also value the collaborative workflow features, such as task assignments, version control, and real-time editing, which make it easier to coordinate across teams during tight reporting timelines. Overall, it enhances both efficiency and transparency in producing SEC-ready filings.

What do you dislike about the product?

One of the challenges with Workiva is that certain processes still rely on manual intervention outside the platform, particularly for more complex calculations or non‑GAAP adjustments, which can create additional reconciliation steps and version control considerations. In addition, while the linking functionality is powerful, it can sometimes be difficult to troubleshoot when links break or when values do not update as expected. The platform can also be somewhat rigid in terms of formatting and customization, which occasionally requires extra time to achieve the desired presentation for filings. Overall, while highly effective, there are opportunities to improve flexibility and reduce reliance on offline processes.

What problems is the product solving and how is that benefiting you?

Workiva is solving the challenges of managing a complex, multi‑stakeholder financial reporting process by centralizing data, documentation, and collaboration in a single controlled environment. It reduces the risk of inconsistencies by enabling real‑time linking across financial statements, footnotes, and supporting schedules, which helps ensure accuracy and audit defensibility.
For me, this is particularly beneficial during the 10‑Q/10‑K process because it streamlines coordination across teams, tracks task ownership, and maintains version control, which minimizes manual errors and rework. It also improves transparency into changes and supports efficient review cycles, especially when working under tight deadlines.

What do you like best about the product?

Workiva makes collaboration across different teams very seamless by enabling link functionality and allowing sources to be updated across all worksheets without requiring manual input.

What do you dislike about the product?

It takes some time to get familiar with the platform, especially with how the linking works. Also, exporting to Excel sometimes doesn’t work properly and can be unreliable.

What problems is the product solving and how is that benefiting you?

Being able to have multiple users work on reporting at the same time has helped our team move much faster, with fewer interruptions. It also makes audit reviews seamless.

What do you like best about the product?

The links the report to the source data.

What do you dislike about the product?

When I rollover from prior year to current year, the link may go wrong (the the way I wanted it to be)

What problems is the product solving and how is that benefiting you?

Workvia improves the effiency.

What do you like best about the product?

Workiva offers a high-performance, cloud-native experience that feels like a powerhouse version of familiar office tools, featuring an intuitive UI/UX centered around its powerful data-linking technology. By providing robust integrations with ERPs like Oracle, the platform automates data flows and ensures accuracy across reports, delivering a strong ROI through significant risk mitigation and time savings. Their support is world-class and offers dedicated success managers as well as AI features that can help you navigate and use Workiva to its fullest extent.

What do you dislike about the product?

There are times when Workiva's linking does not work and requires multiple refreshes to get the linking to transfer. This also happens to the comments. This may be an internal glitch, but when navigating through Workiva, it is challenging having to continuously refresh the browser just to get the linking and comments to work.

What problems is the product solving and how is that benefiting you?

Workiva solves the challenge of data fragmentation and the high risk of human error in manual reporting. We previously struggled with disconnected spreadsheets, but now we can leverage linked data technology to ensure single source of truth across all filings.

What do you like best about the product?

I like that everything I need is in one place on Workiva. I appreciate the reminders they send me when I need to renew my API tokens. This feature really helps since it allows me to go to EDGAR before even opening Workiva.

What do you dislike about the product?

N/A

What problems is the product solving and how is that benefiting you?

Workiva keeps all I need in one place, maintains a database of past filings and officers, and sends reminders for renewing API tokens, helping me manage tasks seamlessly.

What do you like best about the product?

I like Workiva because it allows us to efficiently file our SEC filings and work crossfunctionally with internal stakeholders and our auditors. I appreciate its ease of use, which makes it manageable to handle files, track changes, and link files together seamlessly. Overall, the initial setup was very easy, and we were able to reimplement and upgrade our processes within one quarter.

What do you dislike about the product?

Sometimes it is a little slow. Sometimes the files take a minute to open and the page needs to be refreshed for it to open.

What problems is the product solving and how is that benefiting you?

Workiva allows us to efficiently file our SEC filings and collaborate crossfunctionally with internal stakeholders and auditors.