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
Keeping in mind businesses have specific business requirements, it is sensible that they abstain from seeking a one-size-fits-all, ”best” software system. Nonetheless, it is futile to come across such an app even among popular software products. The practicable step to undertake would be to take note of the different main functions that demand examination like essential features, costing, technical skill levels of staff members, company size, etc. Then, you must conduct the research through and through. Have a look at some Workiva reviews and look into the other software options in your list more closely. Such all-encompassing research ascertain you drop ill-fitting applications and choose the one that provides all the features your company requires.
Position of Workiva in our main categories:
TOP
20
Workiva is one of the top 20 Compliance Management Software products
If you are considering Workiva it may also be sensible to check out other subcategories of Compliance Management Software listed in our database of SaaS software reviews.
Each enterprise has different needs and requires a system that can be customized for their size, type of workers and clients, and the particular industry they are in. For these reasons, no platform can proffer perfect tools off-the-shelf. When you try to find a software product, first be sure what you require it for. Read some Workiva Compliance Management Software reviews and ask yourself do you need basic features or do you want advanced functionality? Are there any industry-specific tools that you are seeking? Find the answers to these questions to help your search. There are lots of elements that you need to mull over and these include your finances, specific business wants, your organization size, integration requirements etc. Take your time, use a few free trials, and finally choose the app that provides all that you need to improve your company efficiency and productivity.
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
0
We know that when you choose to buy a Compliance Management Software it’s important not only to find out how experts evaluate it in their reviews, but also to check whether the real people and enterprises that bought these solutions are genuinely satisfied with the service. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Workiva reviews across a broad range of social media sites. The information is then featured in a simple to digest form indicating how many customers had positive and negative experience with Workiva. With that information available you will be prepared to make an informed business decision that you won’t regret.
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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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