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The greatest solution for Financial and non/financial, ESG and Risk Reporting
What do you like best about the product?
By using Workiva you get a cloud based solution where you can add several members to the different workspaces and work wherever and whenever in the world. There are so many great features to work with and the platform is very simple and easy to both navigate inside and work with, meaning you will learn the system very quickly. You also have direct access to Help/Support functions/articles/chat etc.
What do you dislike about the product?
The Design function could maybe be improved due to clients using external designers outside of the platform.
What problems is the product solving and how is that benefiting you?
You can have everything in the platform, so e.g., the whole Annual and ESG report combined.
Workiva Simplifies Reporting Work
What do you like best about the product?
The best thing with Workiva is that it is cloud-based which makes it very easy to keep track on all changes made as well as it benefits collaboration in the platform.
What do you dislike about the product?
The downside with Workiva is that it is not easy to do the exact design of your Annual Report that you are used to have.
What problems is the product solving and how is that benefiting you?
It is making the financial and sustainability reporting process more automated and faster.
Easy to use and so functional!
What do you like best about the product?
Easy of use and lots of different functionality
What do you dislike about the product?
The task function is not within the actual dashboard
What problems is the product solving and how is that benefiting you?
Audit management, auto reporting, and auto dashboarding
Good experience with a clear platform
What do you like best about the product?
I used Workiva for a short time last year when I worked at a startup. The interface was very clear and easy to understand once I learned it. It helped me complete two important tasks: first, I used it to prepare an ESG report faster by connecting data from different places into one file. Second, I used it to work with my team on an internal audit report — we could all edit at the same time, which saved us a lot of back and forth. Overall, it made my work easier and faster.
What do you dislike about the product?
It took me some time to understand how to set up the connections between data and documents. After I got used to it, it was much better, but it was not super easy at the beginning.
What problems is the product solving and how is that benefiting you?
Workiva helped me save time by putting all the data in one place and making it easy to work with my team. Before, it was hard to collect information from different systems and update everything by hand. With Workiva, I could connect the data and update reports faster, with fewer mistakes. It also made teamwork much easier because we could all edit documents at the same time.
Easy to use
What do you like best about the product?
I like the functionality within Workiva and the fact that all of the modules we use within the solution are relatively intuitive to use. We have expanded the users within our organization, and even outside of our organization to some of our partners, and the feedback we receive is positive. Our team has found efficiencies by implementing additional functionality within the solution, and we have continued to build out our usage of Workiva modules over time. I appreciate that Workiva has not over-engineered the product and keeps it user friendly.
What do you dislike about the product?
One of the challenges we have had on rare occassions is timely support - and I believe it is due more to volume and timing for the Workiva team.
What problems is the product solving and how is that benefiting you?
Workiva has helped us solve some automation and efficiency challenges we previously had based on our prior dependence on Excel. Additionally, the linkage functionality within the reporting module has allowed for more timely updates to our filings.
Workiva Overall Assessment
What do you like best about the product?
The automation reducing manual data entry, real-time collaboration, data integration, helps organize regulatory requirements, has an audit trail, good security and is user-friendly.
What do you dislike about the product?
It is relatively expensive, customization can be limited and it can be too complex for smaller tasks.
What problems is the product solving and how is that benefiting you?
It eliminated all the emails back and forth both internally and externally during audits having a central repository for all the comments and documentation.
User friendly, familiar Financial Reporting tool
What do you like best about the product?
Very easy to figure out and familiar feeling tool to microsoft suite.
What do you dislike about the product?
Copy and pasting is so similar to other softwares but just so slightly different
What problems is the product solving and how is that benefiting you?
Allows real-time collaboration on financial reporting and disclosures in an everchanging reporting landscape.
Great people and product
What do you like best about the product?
The most helpful aspect has been the people, particularly our Customer Success Manager (CSM).
Our CSM has been a dedicated partner since 2018 and is truly an extension of our team. His expertise in SEC and Edgar requirements and filings, combined with his deep understanding of our company's processes and business, has been invaluable. The guidance and advice he provides consistently enhance the quality of our filings. We also have a really positive rapport with, and appreciation for, our Sales Director, whose support we greatly appreciate.
In addition to the exceptional team, the Workiva platform itself is intuitive and functional. Its features have streamlined our processes and increased efficiency, while the robust controls and audit trails provide added confidence.
Our CSM has been a dedicated partner since 2018 and is truly an extension of our team. His expertise in SEC and Edgar requirements and filings, combined with his deep understanding of our company's processes and business, has been invaluable. The guidance and advice he provides consistently enhance the quality of our filings. We also have a really positive rapport with, and appreciation for, our Sales Director, whose support we greatly appreciate.
In addition to the exceptional team, the Workiva platform itself is intuitive and functional. Its features have streamlined our processes and increased efficiency, while the robust controls and audit trails provide added confidence.
What do you dislike about the product?
I would like to see Workiva's certification module more built out in the future. I believe there is a lot of opportunity to enhance its functionality and overall user experience.
Additionally, I have previously requested an improvement to the order of comments within projects. I understand this is on the roadmap, and I look forward to seeing this implemented.
Additionally, I have previously requested an improvement to the order of comments within projects. I understand this is on the roadmap, and I look forward to seeing this implemented.
What problems is the product solving and how is that benefiting you?
Our key requirements included the following and Workiva met them for us: version control management, comment management, and the ability for multiple users to collaborate and edit simultaneously to enhance efficiency. Additionally, we needed a robust tool capable of handling the substantial volume of numerical data and tables present in our reports.
Workiva is excellent and they know it
What do you like best about the product?
I love using Workiva. The capabilities are absolutely perfect for my company's reporting needs. The customer support is top of industry. Each new capability seems to only improve the product.
What do you dislike about the product?
The only thing I dislike about Workiva is the changes to the licensing model over the years. It seems like each new feature costs more and more, and it makes it difficult to keep up with the latest features.
What problems is the product solving and how is that benefiting you?
Workiva is helping us to ensure one source of information for all of our reporting needs. It brings us peace of mind that the documents disseminated to external parties are in agreement with the most up-to-date information from our ERP.
Workiva is user-friendly platform for financial reporting and compliance.
What do you like best about the product?
It's real-time collaboration, The ability to link data across documents ensures accuracy and reduces manual effort, saving time and minimizing errors.
What do you dislike about the product?
Excel workbook needs to improve, such formula.
What problems is the product solving and how is that benefiting you?
The ability to link data across documents ensures accuracy.
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