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Does the job for managing controls
What do you like best about the product?
Easy to collaborate with multiple stakeholders
What do you dislike about the product?
Embedded documents don't function as well as being able to use Office apps
What problems is the product solving and how is that benefiting you?
Helping us to prepare and release our ESG reporting, allows collaboration and version control.
Pick the right implementation partner
What do you like best about the product?
It has a lot of modules that may be able to provide wholistic views of risks/controls and not require duplication of efforts. Employees of Workiva as customer success managers and engineers really do a great job.
What do you dislike about the product?
There are opportunities for this to be a great tool. The issue is you get a different experience from each consulting company you 'have' to partner with and sometimes within the same consulting group. There is not a user group to bounce ideas for RCM and Audit. Some features have not matured yet for ease of use and I do not think they have people who have performed the business roles employed at Workiva. They do not understand the workflow from a business perspective. Once you are done with the required use of a consultant the employees of Workiva will get the job done, but it seems like rework. You have to define your own best practices, which is hard if you have not performed the role in the past, like RCSAs.
What problems is the product solving and how is that benefiting you?
We needed a risk and control environment for ERM and a platform to perform risk and control self-assessments and issues management. Right now it does the job but out of the box it does not have a good work flow and you do not know there are other options until you connect with other customers. I think we can grow into it, but I am still peeling the onion on what it can do. Our sales person has provided inaccurate information so we are really trying to get it to work as well as another company I connect with.
Solid platform
What do you like best about the product?
I like that the financials can be linked.
What do you dislike about the product?
It can be choppy to operate in the platform - especially with text.
What problems is the product solving and how is that benefiting you?
Linked financials in earnings materials
Easy to use
What do you like best about the product?
Seamless Collaboration,Automation & Integration, Strong Compliance & Security, User-Friendly Interface and Cloud-Based Flexibility
What do you dislike about the product?
price, Learning Curve,Limited Customization, Performance Issues with Large Datasets and Dependency on Internet Access
What problems is the product solving and how is that benefiting you?
Manual & Error-Prone Reporting → Automated Data Integration
Eliminates copy-pasting and reduces human errors by linking data across reports.
Ensures consistency in financial and regulatory filings.
Compliance Challenges → Built-in Audit Trails & Controls
Helps organizations meet SEC, SOX, ESG, and other compliance requirements.
Tracks changes and maintains version control automatically.
Inefficient Collaboration → Real-Time Cloud-Based Access
Multiple team members can work on the same document simultaneously.
Reduces bottlenecks and improves workflow efficiency.
Siloed Data & Systems → Seamless Integrations
Connects with ERPs, CRMs, and other data sources for unified reporting.
Saves time by eliminating redundant data entry.
Time-Consuming Financial Close & Reporting Cycles → Faster, Automated Workflows
Speeds up the financial close process with automation.
Reduces time spent on repetitive tasks, allowing teams to focus on analysis.
Eliminates copy-pasting and reduces human errors by linking data across reports.
Ensures consistency in financial and regulatory filings.
Compliance Challenges → Built-in Audit Trails & Controls
Helps organizations meet SEC, SOX, ESG, and other compliance requirements.
Tracks changes and maintains version control automatically.
Inefficient Collaboration → Real-Time Cloud-Based Access
Multiple team members can work on the same document simultaneously.
Reduces bottlenecks and improves workflow efficiency.
Siloed Data & Systems → Seamless Integrations
Connects with ERPs, CRMs, and other data sources for unified reporting.
Saves time by eliminating redundant data entry.
Time-Consuming Financial Close & Reporting Cycles → Faster, Automated Workflows
Speeds up the financial close process with automation.
Reduces time spent on repetitive tasks, allowing teams to focus on analysis.
Excellent Collaboration tool
What do you like best about the product?
Workiva is a game changer for data management and reporting processes. I've enjoyed the collaboration features, which brings added visibility to our processes.
What do you dislike about the product?
The learning curve can be steep but well worth the time investment.
What problems is the product solving and how is that benefiting you?
Collaborating across teams. We're able to bring teams into our process sooner and work within the same document. Tracking changes is very helpful. The ability to automate workflows will be crucial in scaling reporting.
reporting
What do you like best about the product?
Connecting data sources directly to the system of record to produce our data files in the spreadsheet to then publish to the documents that we use for reporting is fantastic
What do you dislike about the product?
Some of the flexibility that's needed for assignments of tasks is limited
What problems is the product solving and how is that benefiting you?
They are working on adding additional flexibility to notifications around tasks, which is helpful to the person were communicating to
Workiva Aids in Consolidated Reporting
What do you like best about the product?
I love the interconnectedness and the ease of linking data.
What do you dislike about the product?
I would like the platform to have more dexterity when it comes to connecting documents.
What problems is the product solving and how is that benefiting you?
It is solving the issue of too having many data sets housed in many different places.
Workiva SEC Solution
What do you like best about the product?
Workiva is the best SEC solution I have used. Love the linking, cloud collaboration and ease of filing.Customer service is fantastic as well!
What do you dislike about the product?
There isn't anything I dislike. Workiva is great!
What problems is the product solving and how is that benefiting you?
Workiva is our SEC filing solution. It is superior to other products/companies I have used in the past.
Workiva excellent financial reporting solution with good functions
What do you like best about the product?
Workiva is pleasant to use because of its friendly and intuitive user interface and because it is cloud-based and designed for collaboration, data integration and audit logging. I like the platform mostly for its reporting features and convenience, and the experience is excellent.
What do you dislike about the product?
So far I dont see anything negative or against Workiva.
What problems is the product solving and how is that benefiting you?
Workiva is the best for solving finance related problems for different purposes, especially audit and financial clouse management and sustainability management. Besides that, everything is more convenient since it was implemented, I can load financial statements in one package and everything works the way I want it do.
Amazing software with great service and collaborative features
What do you like best about the product?
I have liked it since it was implemented, especially for its ease of use and the control panels to manage auditors and reports. I also like the minimal training to teach how to use it. I also like the ease of downloading reports templates and the efficiency in generating reports and managing risks and controls.
What do you dislike about the product?
It would be great if they added more audit templates, thats all I ask.
What problems is the product solving and how is that benefiting you?
It is an excellent solution for different needs, especially for risk management, and it benefits us a lot because it allows us to collaborate in real time between owners and auditors and report anything, and it also correct problems and is effective in reporting and risk management.
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