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 MoreWorkiva 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 MoreKeeping in mind businesses have their own business wants, it is only rational they abstain from going for an all-in-one, ideal software system. At any rate, it is nearly futile to discover such a software system even among popular software solutions. The sensible thing to undertake should be to shortlist the numerous major factors which merit consideration including key features, packages, skill ability of staff, company size, etc. The second step is, you must perform your research systematically. Have a look at some Workiva analyses and scrutinize the other software solutions in your list more closely. Such detailed research makes sure you take out unsuitable apps and choose the system which meets all the aspects your business requires to realize efficiency.
Position of Workiva in our main categories:
Workiva is one of the top 20 Compliance Management Software products
If you are considering Workiva it may also be beneficial to check out other subcategories of Compliance Management Software gathered in our base of B2B software reviews.
Each organization has different needs and needs a system that can be customized for their size, kind of employees and clients, and the specific industry they are in. For these reasons, no system can offer perfect features off-the-shelf. When you search a software product, first be sure what you require it for. Read some Workiva Compliance Management Software reviews and ask yourself do you desire basic functionality or do you require advanced functionality? Are there any industry-specific features that you are seeking? Obtain the answers to these queries to assist your search. There are lots of aspects that you need to reflect on and these include your finances, particular business requirements, your company size, integration requirements etc. Take your time, use a few free trials, and finally select the app that offers all that you require to boost your firm effectiveness and productivity.
Workiva Pricing Plans:
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Workiva Pricing Plans:
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Details on Workiva enterprise pricing plans are given upon requesting for a quote from a sales representative.
We know that when you make a decision to buy a Compliance Management Software it’s vital not only to see how experts rank it in their reviews, but also to check if the real people and companies that use it are actually content with the product. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Workiva reviews across a vast array of social media sites. The data is then presented in a simple to digest way showing how many clients had positive and negative experience with Workiva. With that information at hand you should be equipped to make an informed purchasing choice that you won’t regret.
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