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Crucial tool for external reporting
What do you like best about the product?
Workiva has allowed our team to take our external reporting documents to the next level. The platform allows for team efficiencies, such as working together within the same document simultaneously, strategically saving milestones in order to review prior versions, and linking to one central file to ensure information is consistent through our reporting. The team at Wokiva has also been invaluable with XBRL tagging and ensuring our documents are prepared appropriately and timely for reporting deadlines. Our team uses Workiva almost daily, allowing our reporting to be a centralized and fluid process without cumbersome emails and instant messages. We easily integrated Workiva into our reporting process when our Company became public a few years ago.
What do you dislike about the product?
There are a myriad of wonderful tools and functions that Wokiva offers, however, they are sometimes challenging to keep up with and implement right away.
What problems is the product solving and how is that benefiting you?
Workiva allows our team to successfully file SEC documents with XBRL tagging without having to have that specific exertise. Workiva also allows our team to update our reporting real-time keeping our process timely.
Really easy to use
What do you like best about the product?
I like how easy it is to use. Being able to have multiple members of the team in the software at the same time is extremely helpful and efficient.
What do you dislike about the product?
The tie out functions can use some upgrades. I did not find them very useful.
What problems is the product solving and how is that benefiting you?
Workiva is making us easy for us to file our quarterly reports as a public company with the SEC.
Great product for collaboration and productivity
What do you like best about the product?
The product provides critical peace of mind around our earnings process and filing.
What do you dislike about the product?
The formatting within the slides product is not as advanced.
What problems is the product solving and how is that benefiting you?
Reduces the review process and helps iteration of our quarter-end work product.
Workiva Review
What do you like best about the product?
The ability to link documents, presentations, etc. makes data validation and updates very fast. Also the collaboration features are very nice so that we can share documents across various stakeholders and not have to worry about version control, missing comments, etc.
What do you dislike about the product?
Workiva is one of the more expensive platforms in the market.
What problems is the product solving and how is that benefiting you?
Filing SEC documents, compiance with SOX, etc. Yes, Workiva is helping us achieve those objectives by providing a platform where we can collaborate effectively across stakeholders.
used it for 10 years, very good.
What do you like best about the product?
Keep developing to improve and add more function.
What do you dislike about the product?
Nothing to experiance bad happen for many years.
What problems is the product solving and how is that benefiting you?
Keep SEC reporting files
User-Friendly with Automation Perks
What do you like best about the product?
I use Workiva for my financial reporting and SOX controls management. Workiva makes my life easier by helping me with automation and eliminating redundant tasks. I like most that it is user-friendly and easy to learn and use. I believe the initial setup was very easy and made the lives of the team easier because everything was manual before.
What do you dislike about the product?
Workiva could be a little more clear about what the capabilities of their AI is and how it could make my life easier. I know it was rolled out, but it felt like it was just a lot of buzzwords that were used and it was not clear how it could be used or how it would make my life easier.
What problems is the product solving and how is that benefiting you?
Workiva makes my life easier by helping with automation and eliminating redundant tasks.
streamlines reporting and presentations
What do you like best about the product?
works best for us to upload the data straight to the site and it populates all our presentations, releases, Q/K and other communications. It helps with making sure all the data is accurate. It is also a huge time saver.
What do you dislike about the product?
Chart data isn't always easy to work with
What problems is the product solving and how is that benefiting you?
Enhanced Data Accuracy and Control
Workiva has been the most incredible tool that has propelled our Financial Reporting team forward.
What do you like best about the product?
Ease of use, frequency of use, number of features. All of these things and the ability to get incredible data quality linked across multiple reports has improved our Financial Reporting quality immensely.
What do you dislike about the product?
Some of the Excel functions are a little bit outdated - you cannot change the full font in the Excel workbook, you can't upload a Word document as an Exhibit.
What problems is the product solving and how is that benefiting you?
Data inconsistency between internal and external reporting teams has been greatly improved.
Enjoy Working with Workiva
What do you like best about the product?
It is very similar to excel functionality and the customer service is great
What do you dislike about the product?
Every once in a while it will take a while to load and be slow
What problems is the product solving and how is that benefiting you?
It helps with filings of all sorts and creates easy ways to link information.
Intuitive & Flexible solution
What do you like best about the product?
Very intuitive to track changes and comments from multiple parties and maintain version integrity.
What do you dislike about the product?
Logout frequency is too quick and makes jumping back in difficult and clumsy. Also wish there was a way to split screen to more easily view multiple versions (i.e. prior quarter document and current quarter document)
What problems is the product solving and how is that benefiting you?
SEC Filing & XBRL workflow
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