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A platform with a great amount of possibilities to streamline your reportin
What do you like best about the product?
Single point of information for the reports
What do you dislike about the product?
Table functionality is not as well developed. Some limitations on the spreadsheets functionalities.
What problems is the product solving and how is that benefiting you?
Simplifying the audit management and financial statements review internally.
Good, but wish for more functionality
What do you like best about the product?
Intuative, easy to use, good implementation partner
What do you dislike about the product?
I need more possibility for financial data analytics. Extended trial balance and financial statements and notes is not enough. We are a company with more than 50 subsidaries. I want to have dynamic analysis and drilldown of data.
What problems is the product solving and how is that benefiting you?
Reduces manual work
One of the most user friendly tools!
What do you like best about the product?
The user experience and the easy to use interface is two very good parts of Workiva.
What do you dislike about the product?
There may be different options of sales - module based, licence based, etc.
What problems is the product solving and how is that benefiting you?
Easy reporting.
Review after 1.5h month of implementation
What do you like best about the product?
I like it is very similar to excel and word functionalities, so it is easy to use
What do you dislike about the product?
I wish it had more excel functionalities, like creating pivots, grouping and ungrouping data or a built in data analytics option.
What problems is the product solving and how is that benefiting you?
It is taking away the manual work of putting tohgether annual report and future quarterly reports. It probably saves time and reduces errors.
All around integrated reporting tool
What do you like best about the product?
Collaborative tool, data accuracy is ensured as you can connect it to your source system, user friendly, excellent customer experience and support, Audit trail is available to our auditors at any moment in time. We can onboard many stakeholders and granularity of access is very helpful and easy to set up
What do you dislike about the product?
Designing capabilities somewhat limited, it often can be expensive hence it is difficult to be able to get management teams to understand the need for such an expensive tool. Also would like to see more possibilities in adaptive licenses where we can have more funtionalities such as CSRD/ESG reporting within our current reporting license, perhaps thinking of a CSRD lite version to first understand how this could benefit before switching over to a full on license.
What problems is the product solving and how is that benefiting you?
Workiva is simplifying our annual reporting process, where we need to pull together various stakeholders during the process to ensure we get the input in time and well validated/coordinated with our financial teams, sustainability teams and Management teams. The process itself makes it so much more simple than what it used to be using various systems (Excel, word, ERP systems, emails) to pull data and input together into one single source of truth. We have seen significant improvements in the process with our auditors and supervisory board, as they have better insight into what comments have been adopted, where we have adopted the changes requested and we effectively have one source of truth fully along the way of creating the report towards the final day of sign off. We are excited about the future of using different areas within the Workiva platform, in particular with CSRD, as the process itself seems still simple and workable in excel for the moment, however this might be a different ball game in the future if we are reporting over more KPIs and metrics in the future.
Impressed with the ever expanding design capabilities
What do you like best about the product?
The fact you can access from anywhere on your laptop
What do you dislike about the product?
Needs the ability to change case in text
What problems is the product solving and how is that benefiting you?
Allowing my clients to control their data for Financial reporting while working with us the design agency on look and feel
Powerful, simple, but has a room to grow
What do you like best about the product?
principle concept under the hood - clear, logical
fast track to see the value (in some use cases)
good learning materials
can be used by business people, not tech heavy
very powerful and rich of required capabilities
approached holistically to the business problem statements
fast track to see the value (in some use cases)
good learning materials
can be used by business people, not tech heavy
very powerful and rich of required capabilities
approached holistically to the business problem statements
What do you dislike about the product?
could focus more on needs of reporting teams in terms of data analytics
low level of localization in EU, Afrika, MEA
not integrated into digital reporting solutions on country level
could consolidate and share more insights (like in ESG space), but in statutory FR use case
low level of localization in EU, Afrika, MEA
not integrated into digital reporting solutions on country level
could consolidate and share more insights (like in ESG space), but in statutory FR use case
What problems is the product solving and how is that benefiting you?
coverting the process e2e from source data down to publishing
- outstanding governance
- repeatable quality
- reduced routine
- audit-ability
- outstanding governance
- repeatable quality
- reduced routine
- audit-ability
Workiva ESG
What do you like best about the product?
Establish a complete overview of the sustainability reporting requirements and manage data collection
What do you dislike about the product?
Initial setup and onboarding of new users to a new tool can be time consuming.
What problems is the product solving and how is that benefiting you?
Workiva helps mange last mile reporting in an efficiently and improve collaboration in the process.
Amazing potential
What do you like best about the product?
The ability to collect data from various sources is in my opinion a unique selling point for Workiva. They are unbeaten in 'last mile reporting'.
What do you dislike about the product?
Making the (inevitable) comparison to Microsoft office products like Excel and Word, in my opinion some core functionality is still missing (f.e. Pivot tables or replace all).
What problems is the product solving and how is that benefiting you?
For our clients, workiva addresses the huge uncertainly that currently lives in the ESG reporting space. Being one of the first (if not the first) to integrate data collection, ESRS standards and reporting.
Excellent experience and time saving application
What do you like best about the product?
Workiva has helped us with automating our stay reporting process saving us a ton of time having to make the reports manually. It has streamlined our data collection and verification process.
What do you dislike about the product?
Because it is cloud based there can be situations where it the save doesn't work.
What problems is the product solving and how is that benefiting you?
Making a annual report faster and easier.
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