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Workiva is a powerful platform for auditors that is growing more each day.
What do you like best about the product?
I like the ability to markup documents in the platform as evidence.
What do you dislike about the product?
I dislike that there are so many different stipulations regarding data types and objects within the platform.
What problems is the product solving and how is that benefiting you?
Workiva works to connect the auditors and process owners to simplify the process of completing an audit.
Workiva experience
What do you like best about the product?
Overall Workiva is very beneficial in helping our team organize, edit and maintain our financial statements
What do you dislike about the product?
The forumlas can error out at times and it's difficult to find the source of the error
What problems is the product solving and how is that benefiting you?
One stop shop for financials
Easy to use and efficient software
What do you like best about the product?
Workiva is very friendly users and always roll out new features, products to align to customer's needs
What do you dislike about the product?
I experience quite a frequent change in product/customer success managers that assigned to our account
What problems is the product solving and how is that benefiting you?
From my perspective, it's the most powerful tool to assist with SEC financial reporting
SEC Reporting User Feedback
What do you like best about the product?
Workiva helps make everything so much faster, easier and more accurate. I love the automation features. Now my time is focused on review versus prep!
What do you dislike about the product?
I would like the task & review feature to be built out more. For SEC reporting, it would be great to send a task to a reviewer through Workiva with a link to the document. The reviewer could sign off and add comments.
What problems is the product solving and how is that benefiting you?
Workiva is taking out the manual error of something just being fat fingered incorrectly in the document. I have more reliance in the document since it is linked.
Workiva is great and the customer support is fantastic.
What do you like best about the product?
The seamlessness of the software, the ability to link and rollforward and the available customer support that you can tailor to the specific needs of your organization.
What do you dislike about the product?
Formatting within the documents, sometimes it's not as intuitive as a Microsoft program and while there is a plethora of information available in the help articles, I frequently feel that I can't make my searches specific enough to get the information that I need.
What problems is the product solving and how is that benefiting you?
SEC Reporting.
Wdesk Review
What do you like best about the product?
The ability to link financial data in multiple files and locations has been very helpful for our team.
What do you dislike about the product?
Some of the add-on features like Wdata are expensive. I believe our organization could take advantage of these if the initial cost wasn't as high.
What problems is the product solving and how is that benefiting you?
Updating reports efficiently and accurately.
The most comprehensive and friendliest reporting platform
What do you like best about the product?
Workiva is a one-stop shop for all financial reporting tools. Their customer support staff is excellent both via chat and over the phone, and their online help community has amazing insights and best practices.
What do you dislike about the product?
The biggest issue I've experienced with Workiva is extended wait times for support personnel on peak filing days / times. If they could have a few additional support staff ready on those days, it would cut back on the anxiety that naturally comes on filing days, and is intensified when something isn't working.
What problems is the product solving and how is that benefiting you?
Workiva allows us to integrate multiple platforms - External Reporting, SOX and Internal Audit testing, and soon ESG - all in one. They have great help articles and kind, knowledgeable support staff.
Love Workiva, has made out tasks automated and efficient
What do you like best about the product?
Linking between statements and documents, connection to Oracle GL for refreshed information and platform that allows many users to edit documents at the same time and collaborate.
What do you dislike about the product?
I wish that we could have a live feed of the Oracle GL data but instead we must wait until scheduled loads or perform a manual refresh ourselves in order to update the information
What problems is the product solving and how is that benefiting you?
Collaboration across many different people, teams, and organizations helps greatly to make a one stop shop for everyone and not having to combine people's excel templates or use a bogged down shared spreadsheet on a shared drive.
I wouldn't use anything else
What do you like best about the product?
Financial statement linking and footnote organization
What do you dislike about the product?
Hard to get legal firms on board with use for larger projects due to attorney client privilege concerns
What problems is the product solving and how is that benefiting you?
Efficiency in SEC filings.
Use Workiva for SOX Compliance and the application suites our needs.
What do you like best about the product?
I enjoy the "Linking" feature to/from reports/IPE/narratives, etc.
What do you dislike about the product?
I dislike that the application doesn't have enough intuitive trainings.
What problems is the product solving and how is that benefiting you?
Workiva is connecting reports used by various teams so that everyone in the company can sync up.
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