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My experience has been good.
What do you like best about the product?
Electronic SOX workpaper tool. Review process is electronic.
What do you dislike about the product?
It is difficult to view large documents in one screen.
What problems is the product solving and how is that benefiting you?
More reporting.
Workiva is great
What do you like best about the product?
Greatly simplifies financial reporting and external disclosures. Creating a "single source of truth" eases reviews and reduces time spent validating inputs and shifts into more analysis and value add.
What do you dislike about the product?
Some of the features can be a bit clunky, the formatting options are not super great, and can be quite finnicky to get working right. Also a lot of the options are in different places than in word / excel which can be confusing for new users.
What problems is the product solving and how is that benefiting you?
Simplifying inputs for external reporting. Single source of truth brings higher internal consistency to the disclosures and allows us to spend more time on analysis and documentation rather than data input and validation.
Helpful and Customizable
What do you like best about the product?
The sales staff were quite helpful in helping us identify what we needed, and how we could customize and shape our platform for our organization's specific needs.
What do you dislike about the product?
The developers were helpful in helping us customize our platform to be useful for our needs, however it would have been more helpful if Workiva was willing to do more uploads of our data into our database, as we determined the data was ready.
What problems is the product solving and how is that benefiting you?
We needed a platform to help us track our system of quality control and help us record processes and controls, test them, and be able to share this information internally.
Amazing collaboration tool and love the ability to do multiple data connections and tracking
What do you like best about the product?
Collaboration, tagging users, audit trail.
What do you dislike about the product?
Chains is tough to document and understand.
What problems is the product solving and how is that benefiting you?
Ability to collaborate between many different stakeholders + refresh ERP data as needed
Workiva for SEC Reporting
What do you like best about the product?
Direct access to reporting to the SEC. Ability to collaborate within the tool (tracked changes, send for review, comments). Also the ability to link #'s and words
What do you dislike about the product?
Too many separate "solutions" that essentially do the same thing. I couldn't believe looking at the marketing materials there are 15!
What problems is the product solving and how is that benefiting you?
Can't think of any.
Significantly enhances productivity through automatization of several tasks.
What do you like best about the product?
The automatization process of the uploading of the information created through the help of KPMG consultants has significantly improved our team productivity, allowing us to not hire 3 or 4 people more to do the exact same amount of work we are performing with that tool.
What do you dislike about the product?
The software does not allow to work using OneDrive files to upload information. In the end, is what Workiva is about, to be able to work with several users at the same time using the same file. Shame it is not possible in your own computer. The result is that you end up having to copy the master excel file to upload data between you and your colleagues, creating different versions. Additionally, this sometimes has created IT issues, not letting to upload information in different attempts (had to close excel and reopen every time I had to upload any change to Workiva).
Plus, commercial efforts are sometimes a little bit disturbing, trying to sell you Workiva products very insistently, even though the company made clear that several of the offered products were not needed at that moment.
Plus, commercial efforts are sometimes a little bit disturbing, trying to sell you Workiva products very insistently, even though the company made clear that several of the offered products were not needed at that moment.
What problems is the product solving and how is that benefiting you?
The automatization process of the uploading of the information created through the help of KPMG consultants has significantly improved our team productivity, allowing us to not hire 3 or 4 people more to do the exact same amount of work we are performing with that tool.
Great platform to help streamline processes
What do you like best about the product?
The ability to link information throughout a document or presentation to ensure consistency and accuracy throughout your files.
What do you dislike about the product?
It would be helpful if Workiva offered more formating options for documents and presentations to closer mirror Microsoft office products.
What problems is the product solving and how is that benefiting you?
The ability to track changes easily as well as avoid version control issues.
Workiva - Great Platform for SEC Reporting
What do you like best about the product?
I think the best part of Workiva is how user-friendly the platform truly is. The linking capabilities between documents allows for a very easy and efficient way to get files ready for SEC filing. The customer service reps are also extremely helpful.
What do you dislike about the product?
I have not witnessed much downside since starting to use the platform.
What problems is the product solving and how is that benefiting you?
As compared to other platforms used for SEC filings, I think Workiva has an advantage due to the linking capabilities across multiple filings which I did not see in other platforms I've used.
Workiva is a user friendly financial reporting software
What do you like best about the product?
Easy to create, edit and export documents.
What do you dislike about the product?
Formatting after download. Tables don't appear the same after downloading into the document. Sometimes, it slows down for a while before it comes back running.
What problems is the product solving and how is that benefiting you?
Formatting issues and also certification. I use certification a lot and making it more efficient is really helpful.
Global Head of IT Audit
What do you like best about the product?
The modules are flexibile and scalabile.
What do you dislike about the product?
Wdata and chains are challenging to learn and optimize.
What problems is the product solving and how is that benefiting you?
Global collaboration and data driven reporting
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