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Workiva is a great tool for efficiency
What do you like best about the product?
Workiva has created so many efficiencies in our quarterly and annual reporting processes. The linking and automation capabilities allow us to spend more time in other areas, and allow us to have comfort over the process. The comments tool has also been very helpful in performing live reviews and being able to track. I use the blackline feature non-stop and it is a quick way to compare the document to a previous iteration or to a historical filing.
What do you dislike about the product?
The workbook is slightly different than excel and doesn't have all the same capabilities. I also wish it was simpler to perform a blackline to a separate folder within workiva.
What problems is the product solving and how is that benefiting you?
Automation/ Efficiency
Great Reporting Software
What do you like best about the product?
Workiva has a great dashboard and set-up for Financial Reporting. With the different Wdesk add-ins its made our data upload much quicker and more accurate. As well, whenever we do run into any problems they usually resolve our issues in the same day.
What do you dislike about the product?
Sometimes the software can run a bit slow during peak hours.
What problems is the product solving and how is that benefiting you?
Ease of data entry and organizatoin.
Seamless and collaborative
What do you like best about the product?
Ability to collaborate with preparers, reviewers and external auditors seamlessly and in real-time and still maintain version control with proper audit trail for all changes made.
What do you dislike about the product?
Wdata maintenance requires technical expertise and can be challenging when organisations go through changes or mergers and acquisitions.
What problems is the product solving and how is that benefiting you?
Annual reporting obligations required by the corporate regulator in Australia, New Zealand and Hong Kong.
Workiva is fantastic software that continues to stand out relative to the other options
What do you like best about the product?
Workivas continues to deliver results at scale for programs/projects involving many users dealing with sensitive data. The capabilities it has do not seem to be possible in other software platforms.
Additionally, I continue to be impressed by how Workiva seems to continue to change for the better every year. There always seems to be something to look forward to between new tools such as Process, Workiva Generative AI, and more.
Additionally, I continue to be impressed by how Workiva seems to continue to change for the better every year. There always seems to be something to look forward to between new tools such as Process, Workiva Generative AI, and more.
What do you dislike about the product?
The biggest downside I have with Workiva in 2024 is that lag can still happen on the platform. The "Process" tool was exceptionally difficult at times last year.
What problems is the product solving and how is that benefiting you?
Workiva solves the dilemma of how to store and actively work on many sensitive documents at once, especially when the documents are tied to each other.
Automation, efficiency, single source of truth: how to smoothly prepare your financial reports
What do you like best about the product?
HAVE A SINGLE SOURCE OF TRUTH FOR THE NUMBERS IS KEY TO REDUCE ERRORS AND AUTOMATE PROCESSES. WORKIVA ENABLES A COLLABORATIVE ENVIRONMENT IN AN INTUITIVE WAY. BEING ABLE TO SHARE THE FINANCIAL REPORTS FOR THE AUDITORS TO REVIEW AND GET THEIR COMMENTS DIRECTLY INTO THE MASTER FILE MAKES THE REVIEW/REWORK ROUNDS PROCESS VERY EFFICIENT.
What do you dislike about the product?
There is still room for improvement on the presentation/side creation as there are many features that the platform lacks compared to other programs like power point.
What problems is the product solving and how is that benefiting you?
Human errors when transcribing content: single point of truth and automation in the numbers
Endless review/rework rounds in between PDFs and Word files: one master file only
Manual work to transfer the auditor's or the Board's comments into the master file: platform able to transfer the auditor's comments directly into master file in real time
Sending endless emails with different links/attachments: Single point of communication:
Endless review/rework rounds in between PDFs and Word files: one master file only
Manual work to transfer the auditor's or the Board's comments into the master file: platform able to transfer the auditor's comments directly into master file in real time
Sending endless emails with different links/attachments: Single point of communication:
Workiva is the best tool for SEC Reporting
What do you like best about the product?
Workiva allows for seamless collaboration across Finance orgnaization. The organization capabilities are helpful for Form 10-Q/K filings and ad hoc 8-K filings. Workiva is a system we use daily in our group.
What do you dislike about the product?
Workiva can improve by expanding its features to create a tool for project management and PBC collation.
What problems is the product solving and how is that benefiting you?
Workiva solves our external filing problem.
My favorite SOX tool
What do you like best about the product?
Currently we are using the SOX database and controls management solution. It saves so much time to have data points linked throughout our workspace - from controls directly to documents, flowcharts, and narratives. The interface is easy to use and we always can get customer support quickly when we need it.
What do you dislike about the product?
There are some additional features that would be helpful in the SOX testing environment, and sometimes it's unclear when improvements are coming down the pipeline. Would be helpful to know if something is an existing ticket that will be a future feature.
What problems is the product solving and how is that benefiting you?
Helps us efficiently manage our SOX controls testing.
Easy to Use!
What do you like best about the product?
It's very easy to use, especially linking features between platforms. There is also so much great documentation online to help with learning about new features. I also really like the Workiva conference where they unveil all the new features.
What do you dislike about the product?
It would be nice to be able to pre-schedule a filing istead of having to do it live. Customer support also tends to struggle with answering questions quickly and efficiently.
What problems is the product solving and how is that benefiting you?
Ease of use and easy to collaborate!
Useful Product
What do you like best about the product?
A hub to easily keep track of past form 4 filings as well as any drafts that are pending. I really appreciate how there are real-time quality checks as I am drafting up the form 4, just in case I miss something or if something seems off, it is flagged and I can review immediately.
Some of the new rollout features are nice, such as bulk filing, which can save a good amount of time!
Some of the new rollout features are nice, such as bulk filing, which can save a good amount of time!
What do you dislike about the product?
It seems some of the features available before the interface update is not available now. I was told it would be available, but the release has been delayed.
What problems is the product solving and how is that benefiting you?
One stop shop for form 4 fililngs - easy to stay organized on fillings and reporting officer holdings.
Easily prepare fincical report help to workvia
What do you like best about the product?
The group has been incredibly involved the roll u process that have put in a lot of effort to make certain in truly satisfiesour unique requirements. Very simple to use highly functional and excellent support.
What do you dislike about the product?
Hardly an exact quick item. It's a significant amount of wait while pages display.
What problems is the product solving and how is that benefiting you?
Organizing accounting information or facilitating group or an auditor collaboration.
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