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Easy to Learn. Incredible Time Saver!
What do you like best about the product?
Workiva has save me a lot of time. I am responsible for updating a PowerPoint report which in the past I had to manually reference and pull the data in from several reports. This process would take a few hours. With WORKIVA we're able to directly link the data in the PPT file to the reports and it updates in seconds. The software is intuitive and quick and easy to learn. The exporting of files out of WORKIVA is easy and I experience very few, if any, formatting issues. It has been a great tool for me in my job.
What do you dislike about the product?
I wish the PowerPoint interface in WORKIVA had more of the editing/formatting features found in the actual PowerPoint software. I also wish it had a easy reveiw/routing feature for non-WORKIVA stakeholders.
What problems is the product solving and how is that benefiting you?
It solves time management during busy periods when hours are stretched thin by automatically populating reports and allowing several people to review and edit simultaneously.
Workiva has enjoyable and effective customer representatives
What do you like best about the product?
Workiva is pretty easy to use in terms of setting up financial filings, it competes with ActiveDisclosure/DFIN. Workiva has good features, mainly its linking capabilities in which numbers for the entirety of the filing, whether it be the 10-K, 10-Q, 8-K, etc., are updated easily from a central location as long as the set up is correct. The customer support, which includes your client success managers, is very responsive and is willing to help. The customer support will help you with your first time implementation to ensure the transition is smooth and that Workiva integrates well with your financial reporting process.
What do you dislike about the product?
The one thing I would like to see more improvement with Workiva is in terms of automation. I would like Workiva to have the capability to rollforward documents based on the Company's information. Additionally, Workiva's formating can be quite limiting when trying to portray certain graphs.
What problems is the product solving and how is that benefiting you?
Workiva solves the need to reach out to EDGAR to file manually. Workiva really benefits us because it acts as our filing agent. Workiva also has XBRL capabilities and XBRL services that really help companies that are not very versed in XBRL.
Workiva is a solid platform for SEC Reporting
What do you like best about the product?
1. User friendly.
2. Very stable clound envirnment. Never have issue in connection.
3. Keep luancing new functions very year.
4. Training program are well designed and let user learn new features quickly.
5. Easy implementation.
2. Very stable clound envirnment. Never have issue in connection.
3. Keep luancing new functions very year.
4. Training program are well designed and let user learn new features quickly.
5. Easy implementation.
What do you dislike about the product?
1. Higher cost
2. The general supporting team is not very helpful.
2. The general supporting team is not very helpful.
What problems is the product solving and how is that benefiting you?
Make the complex SEC Reporting much easier.
Helpful but clunky vs. online versions of Google sheets and Excel
What do you like best about the product?
Colaborative nature and the linking of data, dates, titles, etc. Once you have a master file makes it much easier to keep track of everything
What do you dislike about the product?
The functionality differs vs. excel and Google sheets. Additionally, with images the software can be slow.
What problems is the product solving and how is that benefiting you?
Having numbers, titles, dates synced up across files.
Workiva-- An intuitive and effective solution for ESG data management
What do you like best about the product?
We previously had our sustainability data stored on multiple spreadsheets. It became difficult to keep track of all the spreadsheets. Updating data, access issues, editor privleges, multiple versions, etc. Workiva allows us to solve many of these issues. The data collection, analysis, and reporting process is now more streamlined and organized.
What do you dislike about the product?
Although it is mostly intuitive, there is still a bit of a learning curve in terms of using the platform. It's a robust tool with many capabilities, but it takes time to learn how to fully use those functions.
Also, the initial standing up of the program is a big lift. This is not unique to Workiva, but getting all the initial historical data into the program takes time.
Also, the initial standing up of the program is a big lift. This is not unique to Workiva, but getting all the initial historical data into the program takes time.
What problems is the product solving and how is that benefiting you?
Streamlining data collection, management, and reporting.
Serves as a central data repository for all our ESG data.
Serves as a central data repository for all our ESG data.
MK Review
What do you like best about the product?
Ability to collaborate live with a very large team
What do you dislike about the product?
Formula inputs sometimes get wonky and is not as smooth as GSHEETS or Excel
What problems is the product solving and how is that benefiting you?
Ability to collaborate with a larger team
Private company financial statement preparer
What do you like best about the product?
The ability for multiple users to access and work on multiple documents, the permissions options, the comments and formatting functionalities, and linking.
What do you dislike about the product?
Track changes is not different for each person. So if somebody makes a change in track changes, then another person removes that change, you'd never know it was ever there/drafted.
What problems is the product solving and how is that benefiting you?
I wouldn't selected any of the above options... I would say "Financial Reporting".
Workiva allows us to prepare and review our financial statements within a live file, allows us to link financial data and therefore easily update changes to numbers, and can produce word or PDF outputs.
Workiva allows us to prepare and review our financial statements within a live file, allows us to link financial data and therefore easily update changes to numbers, and can produce word or PDF outputs.
Workiva is the best product compared to competitors
What do you like best about the product?
I think Workiva is great, but it takes some time to get used to the functionality. There is so much Workiva has to offer, you just have to take the time to ensure you're utilzing it to the best of it's ability. It is by far the best product in comparison to it's competitors. Quickly updates amounts, easy for reviewers, has ability to connect to your ERP and auto update financials. Great product!
What do you dislike about the product?
There is a learning curve especially around formatting. Doesn't feel like we fully utilize all of Workiva's capabilities. We could use quarterly trainings from Workiva to ensure we are utilizing Workiva to it's full ability.
What problems is the product solving and how is that benefiting you?
Preparing financial statements efficiently
Workiva is an invaluable tool that allows an immeasurable amount of efficiency
What do you like best about the product?
The biggest upside about using workiva is the linking of data from source files to the word docs. Allowing peace of mind when updating a figure or trial balance that the update will take place in every location that the figure exists. Also, the review aspects are extremely helpful. Allowing blacklines to be created based on milestones
What do you dislike about the product?
The only thing I wish workiva would add is the ability to use excel hotkeys and shortcuts on the workiva web app.
What problems is the product solving and how is that benefiting you?
Adding tremendous efficiency to our financial reporting process
I love Workiva so much.
What do you like best about the product?
Workiva has made the Financial Reporting Process so much easier for our company. The ability to link between files, and embedded spreadsheets in presentations and documents has streamlined so many of our processes.
What do you dislike about the product?
Occasionally it can get a bit glitchy and it often lags a little. And I'd love more updates with added formulas, but they are always coming out with new features and updates!
What problems is the product solving and how is that benefiting you?
Workiva has increased the efficiency and accuracy of our Financials Reporting.
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