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Workiva amplify 2023
What do you like best about the product?
Ease of use and simplified platform. New generative AI features and data management suite for automation. Financial reporting for easy maintenance of various disclosures.
What do you dislike about the product?
There are performance problems at time. One of the missing feature is integration with SCIM API.
What problems is the product solving and how is that benefiting you?
SEC reporting, FHFA disclosures and data management for automation.
Survey
What do you like best about the product?
ease of use, implemention effort was low
What do you dislike about the product?
ideas on how to improve use are not brought to us, we need to bring them to the w desk team
What problems is the product solving and how is that benefiting you?
data retention and cross collaboration
Great Platform
What do you like best about the product?
The automations in workiva allow me to focus on the quality of the data over the manual process of inputting it.
What do you dislike about the product?
None! Workiva functions very well. No issues.
What problems is the product solving and how is that benefiting you?
Automating and standardizing.
wonderful experience
What do you like best about the product?
the new updates. the gen ai is a feature i'm most looking forward to working with
What do you dislike about the product?
currently i do not see a downside to using workiva
What problems is the product solving and how is that benefiting you?
streamlining the linking process. will implement sync feature to help faciliate more streamlining
My company isn't great at implementation, and Workiva documentation is rough
What do you like best about the product?
I think the idea behind it is fantastic! Having everything connected and flowing through easily is awesome and I like that the SQL builder is easy to use.
What do you dislike about the product?
Chains have been really difficult for me to learn and I have not found the documentation helpful at all. It's also really hard to use when your company doesn't let you connect to your ERP and you have to upload csv files on your own all the time. I have programming experience so wData was easy to learn but not as easy for my coworkers that do not understand basic programming. Again, the documentation is not super clear and needs more examples.
What problems is the product solving and how is that benefiting you?
wData helps me sort and clean the data easier and faster than just Excel and power query. Linking is also fantastic for linking to sources and between documents.
very innovative and user friendly
What do you like best about the product?
data intregration, really exicted about GenAi
What do you dislike about the product?
frequent timeouts when inside software, comment section in Q or K data can disappear, requiring to close and re-open program
What problems is the product solving and how is that benefiting you?
chain linking, Gen AI
Integrated platform with useful tools to navigate financial and non financial data
What do you like best about the product?
We just implemented workiva at our company, so definitely excited about the linking and consistency checker features in workiva and also to see all the data in real time.
What do you dislike about the product?
We still are yet to discover any specific issues with the platform. But with my experience in User acceptance phase i would say that lot of the manual copy paste could be elimiated.
What problems is the product solving and how is that benefiting you?
We are definitely excited about the real time data and having to track all our different versions of the Financial statements in one place. This will enable us to deliver accurate and complete financial results.
New User
What do you like best about the product?
Links throughout documents, ability to do last minute changes that flow through and filing ourselves.
What do you dislike about the product?
Manual process of rolling forward documents (copying and pasting prior period data instead of having this automated).
What problems is the product solving and how is that benefiting you?
Filing with the SEC ourselves and being able to process changes quickly.
Workiva is a great product and I would recommend it to anyone in the finance industry.
What do you like best about the product?
Cloud based. Easy to use. Community page is super helpful. Free and easily accesible webinars and tools.
What do you dislike about the product?
How often it is down with incidents with it being cloud based.
What problems is the product solving and how is that benefiting you?
Financial reporting for both SEC and FERC, in additional to internal management reporting. The numebr of users that can use the software with ease is super beneficial. Tracked changes and blacklines make it great for management review. Permissioning is super helpful to make sure users are only updating what they are responsible for.
Very useful
What do you like best about the product?
Use of links is very convenient and knowledge of filing types
What do you dislike about the product?
My time with Workiva so far has been limited, but has not had any problems so far
What problems is the product solving and how is that benefiting you?
They are making the ease of filing with the SEC incredibly easy so far.
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