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seemless filing
What do you like best about the product?
All the best functions make the filing prep and actual filing seemless easy. I love how people contribute in the platform and many great tricks shared among the commnunity.
What do you dislike about the product?
I would like to see if there is a default view we can choose to show or no show attachments. i believe currently, we need to click on view, to hide attachments manually, and everytime, i come back, the attachment shows up in the body of the doc. I have to click to hide again manually.
What problems is the product solving and how is that benefiting you?
filing tool and all the links
Workiva is a strong tool to use for housing, editing and collaborating on financial statement data
What do you like best about the product?
The ability to share the financial statements and related data within my team to share work and create efficiencies regarding the timely preparedness of the FS. I also like being able to leave comments to my team in real time to leave an audit trail for review and changes. I also like how the functionality is similar to Excel, so the hotkeys/shortcuts and formatting aren't entirely new when you first start using the product.
What do you dislike about the product?
I don't have a lot of downsides to Workiva, but a couple of improvement points might be to make the markup function a bit more straightforward; it took me a while to figure out how to add my markups and show other markups that my team had left. I also think the ability to my comments that were posted in error or are no longer needed is an issue - I believe this is only prevalent when responding to a comment left by someone else, but its a bit annoying not to be able to delete my responses should it be necessary
What problems is the product solving and how is that benefiting you?
Workiva allows our accounting and finance teams to have a singular location that is both shareable and secure for us to edit and share financial statement data. Some of the problems it has explicitly helped would be the ability to edit data in a single location that would then populate throughout the financials and various PowerPoint slides that are being sent to Management, The Board etc. Knowing that the data will be consistently updated throughout our statements and ppts accurately and completely is beneficial.
Review of Workiva
What do you like best about the product?
Best part about workiva is the reports that help track testing status. Also the testing platform is streamlined to be effiecient when testing multiple controls and processes.
What do you dislike about the product?
There needs to be more feature updates over time with Workiva. I find that files that are too large or password protected make using Workiva difficult as testing becomes offline.
What problems is the product solving and how is that benefiting you?
Workiva is helping solve the issues of SOX testing. Primarily simplifying the reporting process and making it easier to identify key components of a control or business process.
Workiva is Great
What do you like best about the product?
Workiva has been super easy for my team to use and complete our work efficiently
What do you dislike about the product?
Nothing - workiva has been great for exporting documents we need for testwork
What problems is the product solving and how is that benefiting you?
AUdit testwork
Testing and Review IPE, Applicative controls (IT Risk Advisory)
What do you like best about the product?
Easily navigate to the control from the last year. Everything is centralized in one place with all the attachments and descriptions.
What do you dislike about the product?
It's disconnecting too often, so it's a lil bit annoying.
There isn't an option for monetization changes in the control, like a change log.
There isn't an option for monetization changes in the control, like a change log.
What problems is the product solving and how is that benefiting you?
It centralized all the control data, including attachments, referrals, and the review process. In addition, the status of the controls is summarized, which is helpful.
P.S. I tried to upload a screenshot from Workiva as requested in the 'About You' section, but there was a problem "Something went wrong. Please try again in a few." so I couldn't upload the screenshot.
P.S. I tried to upload a screenshot from Workiva as requested in the 'About You' section, but there was a problem "Something went wrong. Please try again in a few." so I couldn't upload the screenshot.
Its very good tool for end-to-end testing.
What do you like best about the product?
Its Structure and organization of the tool.
What do you dislike about the product?
It will not support the bandwidth and markup issue.
What problems is the product solving and how is that benefiting you?
Workvia is helping to improve audit technics.
Efficient but Quirky
What do you like best about the product?
The collaboration and efficiencies gained by using the platform are the best part of working in Wdesk. As an audit manager, I am able see percentage complete, potential exceptions, and delayed control tested at the click of a button.
What do you dislike about the product?
The platform itself has gone through some growing pains. There have been days where my group has been locked out of the platform for a couple of hours. The customer service team at Workiva is great at following up and getting to the root cause of the issues.
What problems is the product solving and how is that benefiting you?
Workiva has made all of our audit work accessible to the entire audit department. It has led to better collaboration between the audit groups and a more streamlined testing process.
Workiva New User Experience
What do you like best about the product?
The design/user interface is user friendly. Dashboard provides a helpful overview.
What do you dislike about the product?
It takes some time to familiarize yourself w/ all the tools. It would be helpful to view attachments/work papers in Markup Viewer in multiple tabs at the same time.
What problems is the product solving and how is that benefiting you?
Workiva helps in organizing results and documentation for work papers/supporting documents.
ESG Platform - Clunky and duplicative work
What do you like best about the product?
We utilize Workiva for our SEC Filings, SOX compliance, Technical Accounting Memos, and most recently are implementing their ESG solution. ESG is not user friendly.
What do you dislike about the product?
Only complaint is on ESG platform. Not user friendly. Data tables, running chains, complex formulas. Would rather just to factbook to doc.
What problems is the product solving and how is that benefiting you?
Great for SEC filing, SOX & Policies
Workiva woks like wow
What do you like best about the product?
Transparency, all at one place, cloud based cab be accessed from anywhere, live updates, history of updates. Linking between controls.. perfect tool for sox.....
What do you dislike about the product?
Sometimes it takes too long to open files, does not support xlsb files, there is error in adding time stamps during control testing, gets very slow in the evenings
What problems is the product solving and how is that benefiting you?
Everything is always online.. it is easy to access another from anytime.. dashboards are helpful to get a view of status update instantly.. flow charts are easy
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