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Very user freidnly tool
What do you like best about the product?
Workiva is very user friendly tool. We at our Company are using this tool for external reporting purposes. We have expanded the usage over the years plus Workiva's team we work with is amazing!
What do you dislike about the product?
There are no real dislikes but sometimes it's glitchy which I think is due to the server usage which makes the sync and refreshes time consuming.
What problems is the product solving and how is that benefiting you?
External reporting including FS. MD&A, MIC, AIF.
Great platfor, very easy to use, very helpful support available around the clock
What do you like best about the product?
Intuitive dashboard, functionality, ability to create millstones and track progress of work. Your work also never loses as backed up in cloud!
What do you dislike about the product?
None! Everything is very good with this platform, no complaints!
What problems is the product solving and how is that benefiting you?
One stop shop for filing, SOX and ESG. All functions are integrated, can save all necessary support in one place.
Workiva partners are responsive and highly knowledgeable.
What do you like best about the product?
The ease of filing every quarter and for one of 8-Ks. Love the responsiveness of the CSRs!
What do you dislike about the product?
Nothing comes to mind. It's an easy to use platform.
What problems is the product solving and how is that benefiting you?
Ease of filing and having multiple people being able to access and edit the file at once.
Works very well for consolidations and budgeting
What do you like best about the product?
Great functionality for consolidations and collaborating with others. I love the assignment bubbles and the fact that we can add attachments and comments.
What do you dislike about the product?
Copying files takes a very long time. Also, the bubble assignments don't roll forward. And there are some limitations with linking that could be improved.
What problems is the product solving and how is that benefiting you?
Consolidations across multiple business units using different ERPs. It allows for collaboration, consolidations within Workiva, and has many reporting functions.
Workiva for ESG
What do you like best about the product?
I love the fact that the ESG module is able to link to other modules (SEC Reporting/Audit/etc.) within the Workiva platform. This feature enables us to create a single source of truth for reporting metrics and leverage them across multiple Workiva spaces.
What do you dislike about the product?
At this time, Workiva has an ESG Factbook to access ESG frameworks and their corresponding metrics. You can link framework metrics to existing data points, but you cannot create new metrics from the Factbook. In essence, if you see a metric that you would like to begin reporting on, you have to go create it first and then link it, instead of doing it right then and there.
What problems is the product solving and how is that benefiting you?
It allows us to aggregate relevant ESG metrics in the platform, manage historical data points, seamlessly manage updates and revisions to metrics, and push updated metrics to any report which contains that data point. For ESG Reporting, this is a game-changer as the sheer volume of metrics being reviewed before publishing can be overwhelming.
Financial Reporting Expertise & More
What do you like best about the product?
Ease of use, collaboration, feature rich focus on financial reporting. Additionally, easy collection of support and certifications from non-workiva users. Ability to integrate SSO makes it seamless for organization non-users. Customer support is human & top notch, to the point of handholding through any unnerving tasks (e.g. filing).
What do you dislike about the product?
As they continue to build out and find their sweet spots we are forced to contend with moving menus, changes in processes and clicks. Feels like I'm relearning the product, but it's only once in a blue moon type change.
What problems is the product solving and how is that benefiting you?
Certification management today. Previously worked in financial reporting and it was best in class, with no viable alternatives.
Great Customer Service
What do you like best about the product?
The Workiva team is so helpful whenever you need them. They are professional and personable. I’ve had great experiences with them on every call.
What do you dislike about the product?
The sales calls are annoying. I would prefer they not try to upsell to me.
What problems is the product solving and how is that benefiting you?
Workiva makes our SEC filings easy to handle and also does a great job with XBRL requirements so I don’t have to learn them.
Workiva is an amazing auditing tool which offers multiple features which simplify the audit process.
What do you like best about the product?
Workiva enables comprehensive auditing across all stages - right from task creation and assignment to stakeholders, sending reminders, tracking requests, maintaining documentation and reporting. The ease of use and number of features that Workiva supports is definitely appreciated.
What do you dislike about the product?
Footnotes in the test form cannot be copied from the previous year test form. Sometimes when a single control is associated with multiple phases, the footnotes cannot be copied, which creates a problem.
What problems is the product solving and how is that benefiting you?
Audit management - All the features related to audit, right from request creation, test form documentation, IPE testing, reporting
Workiva was easy to navigate from a user role.
What do you like best about the product?
Workiva was easy to navigate. The feature that linked the data points to the area it was flowing was easy to follow and helpful to understand what schedules any changes may impact.
What do you dislike about the product?
It appeared adding or removing rows from tables had to be managed by an admin in order to update the flows of the workbook. This resulted in a slight delay while waiting on others in order to complete work.
What problems is the product solving and how is that benefiting you?
Workiva helped streamline our footnote process.
Used workiva to prepare SEC filings
What do you like best about the product?
Linking functionality to create easy rollforward based on trial balances
What do you dislike about the product?
Certain Word / Excel functionalities not possible in Workiva files.
What problems is the product solving and how is that benefiting you?
consistency across filings
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