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Workiva Review
What do you like best about the product?
Ease of collaboration in updating documents and controls.
What do you dislike about the product?
Reporting can be a bit cumbersome and certifications were very manual. Excited to try to the new automation for certifications.
What problems is the product solving and how is that benefiting you?
Enhanced reporting
SEC compliance and filings
What do you like best about the product?
simplistic colaboration between team members
What do you dislike about the product?
I would like to see more interactive software linking to our reporting software.
What problems is the product solving and how is that benefiting you?
colaboration between team members allows timely updating
Love Workiva
What do you like best about the product?
Multiple team members can collaborate on the same file without version control issues.
What do you dislike about the product?
wData is difficult to manage for technical support queries.
What problems is the product solving and how is that benefiting you?
It's our platform for housing all of our reporting needs and everyone knows where to go to find the information they need. It's much easier to navigate than shared drives.
Efficiency
What do you like best about the product?
It took our close process from a 5 day time frame down to a 1.5 day time frame from start to finish.
What do you dislike about the product?
There are some features in excel and powerpoint that are very needed in presentations and spreadsheets. Talking with the team we know these features are on the road map.
What problems is the product solving and how is that benefiting you?
It allows for multi-user conversation and preparation which cuts down on the "waiting time" for the next user.
Powerful Tool for SEC Reporting Teams
What do you like best about the product?
The consistency the system helps our team acheive across multiple reporting requirements
What do you dislike about the product?
I believe the collaboration tools could be expanded
What problems is the product solving and how is that benefiting you?
Allowing our teams to collobarate within a single platform
Workiva is a game changer to unlock optimization in Audit & SOX!
What do you like best about the product?
PBC Request
Attributes & Testing matrix
Data Links
Tables in Presentations
Support & customer feedback loop
Attributes & Testing matrix
Data Links
Tables in Presentations
Support & customer feedback loop
What do you dislike about the product?
Flowcharting capabilities
Multiple workspaces
Multiple workspaces
What problems is the product solving and how is that benefiting you?
Eliminated the need to use so many manual trackers and spend time updating so many things for status. It is all linked and connected and can be reported at any time. It also made sending and tracking requests so easy - no training even required for my team or end users. Links allows me to create Audit Committee presentations and not be constantly worried I have outdated data or numbers, it is all directly linked to source and updates when those numbers are changed and published saving me a lot of time and frustration.
ADiFranco Workiva Amplify Review
What do you like best about the product?
Interfacing seemlessnes and ease of use for users
What do you dislike about the product?
large time investment to set up certain initiatives
What problems is the product solving and how is that benefiting you?
SOX Planning and audit tracking
Powerful and Flexible
What do you like best about the product?
Love that it truly created a comprehensive integrated platform to not only address financial statement reporting needs, but also has connected solutions across an enterprise for internal management reporting, global statutory reporting, Internal Audit, Compliance, SOX, Document Governance, ESG data collection and reporting, just to name a few. There are so many areas of an organization that Workiva has the ability to enhance. Workiva is clearly the winner in doing FSA, GRC, and ESG smarter.
What do you dislike about the product?
Release of new features and functions is slow to market. Some enhancements have been promised repeatedly for a few years, but have not come to fruition.
What problems is the product solving and how is that benefiting you?
Working smarter, using technology to help reduce mundane, or non-value added repeatable work,
Great tool for efficient reporting.
What do you like best about the product?
I love the collaboration benefits - we are not passing files around and worrying about version control. Our team can collaborate simultaneously and it greatly increases our efficiency for the quarterly and annual reporting process!
What do you dislike about the product?
There aren't many downsides that come to mind - however, there are some improvements I would like to see. One main improvement would be to include a way to immediately revert all support file attachments to placeholders so that we can use the live file for tie out period over period without having to manually revert each attachment to placeholder.
What problems is the product solving and how is that benefiting you?
There is great collaboration - including with our auditors, who can directly access a review file and leave comments. We don't have to track versions and can provide a direct blackline of changes from the prior version.
Workiva Streamlines Processes
What do you like best about the product?
Workiva is very inuitive and allows you to have a one-stop shop for updating information that then automatically flows through to other reports. The ability to leave comments and review changes in real-time makes a huge difference.
What do you dislike about the product?
There are no major red flags, the occassional system issues that is typical with any software.
What problems is the product solving and how is that benefiting you?
The ability to bring together stakeholders in different groups and different regions to form a cohesive product
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