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Financial Reporting software that actually works they way you want it to
What do you like best about the product?
Collaboration with teammates and colleagues that are in various locations. Ability to tailor the document exactly how you want. Connection to various data sets that allow for data analysis and analytics.
What do you dislike about the product?
Lack of ability to review and make edits in the review instances. This would increase the ability for executive level review.
What problems is the product solving and how is that benefiting you?
Generation of financial statements and consistency across global platform. Benefits me from not having to handhold the various professionals using it across the globe.
Workiva
What do you like best about the product?
Connectivity and Collaboration. Ease of Use and friendly CSM
What do you dislike about the product?
We recently had a data breach so data security
What problems is the product solving and how is that benefiting you?
It was a TOTAL improvement and complete over haul over our previous financial reporting tool. The differences and improvements can not be calculated.
Does the job!
What do you like best about the product?
The spreadsheets and being able to link to different documents is probably the best part of workiva. Chains are also my favorite!
What do you dislike about the product?
Not being able to source links from the document.
What problems is the product solving and how is that benefiting you?
Single Source Information
Financial Reporting that works with you not against you
What do you like best about the product?
UI is simple and easy to use. It is intuiative and straightforward.
What do you dislike about the product?
Nothing! The tool just works. Its actually works well.
What problems is the product solving and how is that benefiting you?
Our fin reporting environment is complext with significant volumn. The tool scales well as we increase complexity and size.
Infancy stage of design and interaction thus far has been wonderful.
What do you like best about the product?
Workiva actively listens to our business case and attempts to find suitable solution
What do you dislike about the product?
Would love to have user groups for each workstation.
What problems is the product solving and how is that benefiting you?
Automation of processes and governance.
Very user friendly and makes my job much easier!
What do you like best about the product?
It’s very user friendly, I also really enjoy how easy it is to compare documents quarterly or by different drafts during close.
What do you dislike about the product?
XBRL can be difficult but the more I use it the more I like and feel comfortable with it!
What problems is the product solving and how is that benefiting you?
Aligning how we discuss certain areas in 10Qs and 10Ks. Making sure it is the similar each quarter but allows use to make changes with certain areas like risk factors when needed.
Jump in a go!
What do you like best about the product?
Getting started with Workiva is a breeze if you already use a spreadsheet, word processor and/or presentation software. The Learning Hub and Support center are full of great resources to get you started. Current projects can be easily converted (or imported) into Workiva to give your projects a jump start.
What do you dislike about the product?
The number and frequency of new features is both a pro and a con. I love many of the features released in the last year, however getting detailed instructions is a little more challenging.
What problems is the product solving and how is that benefiting you?
Information comes from a variety of teams in a variety of data types. Workiva let's us easily bring it all together.
it is a very helpful tool helps corporate reporting and audit
What do you like best about the product?
GRC - a tool helping auditors for testing control and reporting
What do you dislike about the product?
lack of hands on experieces which will help to enchance functuanalities within workspace.
What problems is the product solving and how is that benefiting you?
yearly control roll forward acrtivities, data mess upload, more effectively to check on control gaps
Looking forward to further enhancements
What do you like best about the product?
Central, organized solution for our SOX management requests, testing and deficiency tracking.
What do you dislike about the product?
Limited ability of end user to develop dashboards and reporting on the fly. Too many simple changes or updates require a partner organization to complete the work to fully implement.
What problems is the product solving and how is that benefiting you?
An organized and structured approach to our SOX compliance program.
Nice tool
What do you like best about the product?
I take comfort in the following about the tool: (1) the amount of peers that use the tool provides it a breadth of credibility throughout various organizations (2) competitor products do not have anywhere near the scale.
What do you dislike about the product?
I've not been as close to this in recent years, but the ability to use the Excel spreadsheets to have as close as possible to Excel functionality in the past has been limited. For example, creating a pivot table is not possible and my team have relied upon a series of IF and SUMIF formulaes to wrangle data into the correct format.
What problems is the product solving and how is that benefiting you?
1. Creates an official source of truth for various financial reports, GAAP statements, statutory statements etc.
2. Version control across our company has historically been an issue and this solves that through always knowing where the master document is stored.
3. Standardization of reports
2. Version control across our company has historically been an issue and this solves that through always knowing where the master document is stored.
3. Standardization of reports
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