Workiva Review
What is Workiva?
Workiva is an integrated compliance management solution for organizations’ SOX, audit, regulatory, and risk requirements. The cloud-hosted software helps companies save time, avoid risks, and streamline compliance procedures by enhancing communication, transparency, and accountability across teams.
Workiva has data management features to help users generate reports on historical information. The tool uses merged data from various sources, including enterprise resource planning, operational and desktop software.
Workiva also has task management functionalities. Users can build task lists from required data and documentation, as well as create approval, review and revision tasks.
Workiva equips users with solutions to conduct audit-risk assessments via scoping, planning and reporting. The system is also useful in collecting evidence, managing fieldwork and testing collected data.
Show MoreOverview of Workiva Benefits
Workiva creates a central SOX compliance repository where documentation is updated in real time. Testing is conducted in a simple, single, and connected environment where users can enjoy automated workflow and random sampling, use drag-and-drop annotations, and track requests, responses, and approvals. These SOX compliance solutions help organizations avoid risks, gain control, and boost efficiency.
Another SOX compliance benefit is Workiva’s ability to create a repeatable process that are customized to a user’s workflow. This also includes built-in templates and reminders, as well as customizable views to validate controls and sign letters.
Workiva supports risk assessment, planning, workpapers, reporting, and issue tracking in order to simplify internal audit processes. Business owners and audit personnel can also collaborate more effectively via the program’s cloud platform. Users can identify, analyze, and monitor risks, as well as connect risk assessments, audit plans, fieldwork, and reporting. All these enhance standard audit program guides for more efficient decision-making.
Workiva takes an integrated approach to risk management among SOX, audit, and risk teams. Users can collaborate and share risk and control frameworks, testing, risk assessment, and compliance documentation. This helps organizations easily create, modify, and connect risk and control information across teams so that they can manage feedback and upgrade coordination with risk owners throughout the enterprise.
Workiva’s regulatory module helps with reporting of collaborations, linking data, controlling multiple versions, and automatic audit trails to ensure accuracy and give you the ability to publish the most complex risk reports and resolution plans. Workiva streamlines your compliance management activities by combining data, workbooks, presentations, and dashboards in a centralized cloud platform.
Show MoreOverview of Workiva Features
- Ad Hoc reports
- Approval process management
- Archiving & retention
- Business processes
- CASS RP
- Collaboration
- Collection and testing
- Control self assessment
- Controls testing
- Data consistency
- Data linking
- Data management
- Digital records
- Disclosure management
- Document management
- Environmental compliance
- Export & reporting
- Finance and accounting
- Financial reports
- History and audit trail
- ICAAP/ILAAP
- Instant updates
- Insurance management
- Marketing reports
- ORSA
- Real-time dashboard
- Real-time data
- Resolution and recovery plans
- Review capabilities
- Risk assessment
- Sales reports
- Sarbanes-Oxley compliance
- Schedule automatic reminders
- Sign-off and certification
- Single source of truth
- Solvency II
- Status tracking
- Statutory account reporting
- Stress testing
- Version control
Workiva Position In Our Categories
Since businesses have unique business-related needs, it is prudent that they steer clear of picking an all-encompassing, “perfect” software solution. Needless to say, it is troublesome to try to find such an app even among popular software products. The logical thing to undertake would be to note down the varied essential functions that entail examination like key features, pricing, skill capability of staff members, company size, etc. Thereafter, you should double down on the research to a full extent. Go over some Workiva evaluations and scrutinize each of the software options in your shortlist in detail. Such detailed product investigation ensures you drop unsuitable applications and pay for the system that offers all the aspects your business requires for optimal results.
Position of Workiva in our main categories:
TOP
20
Workiva is one of the top 20 Compliance Management Software products
If you are interested in Workiva it may also be sensible to check out other subcategories of Compliance Management Software listed in our base of SaaS software reviews.
Every business is different, and might call for a specific Compliance Management Software solution that will be adjusted to their business size, type of customers and staff and even specific industry they support. You should not count on getting a perfect software that will be suitable for each business no matter what their background is. It may be a good idea to read a few Workiva Compliance Management Software reviews first and even then you should remember what the service is intended to do for your business and your employees. Do you require an easy and straightforward solution with just essential features? Will you actually use the complex tools required by pros and large enterprises? Are there any specific features that are especially practical for the industry you work in? If you ask yourself these questions it is going to be much easier to locate a reliable software that will fit your budget.
How Much Does Workiva Cost?
Workiva Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
What are Workiva pricing details?
Workiva Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
Details on Workiva enterprise pricing plans are given upon requesting for a quote from a sales representative.
User Satisfaction
Positive Social Media Mentions
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Negative Social Media Mentions
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We realize that when you decide to get a Compliance Management Software it’s vital not only to learn how experts evaluate it in their reviews, but also to check whether the actual users and companies that bought these solutions are indeed satisfied with the product. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Workiva reviews across a wide range of social media sites. The information is then featured in a simple to understand way revealing how many people had positive and negative experience with Workiva. With that information at your disposal you will be prepared to make an informed buying choice that you won’t regret.
Video
Technical details
Devices Supported
- Windows
- Mac
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Small Business
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for Workiva?
Workiva integrates with the following business systems and applications:
- Amazon Web Services (AWS)
- Anaplan
- Business Wire
- Fastpath
- Host Analytics
- Intacct
- Sage Intacct
- Oracle Netsuite
- Oracle Gold Partner
- Workday
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