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Workiva

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Company health

Employee growth
14% increase in the last year
Web traffic
26% decrease in the last quarter
Financing
April 2023 - $681M

Ratings

Glassdoor
4.3/5
(729)

Workiva description

Workiva is a cloud-based software platform designed to help mid-sized to large companies manage complex reporting and disclosure tasks. It brings together data, processes, and teams in one place for financial reporting, ESG (environmental, social, and governance) reporting, and GRC (governance, risk management, and compliance). This helps eliminate errors, improve transparency, and ensure everyone is working with the most up-to-date information.


Who is Workiva best for

Workiva is a cloud-based reporting platform that streamlines financial, ESG, and GRC processes. Users praise its real-time collaboration and automated workflows, while some note occasional slow performance and limited offline access. Best for mid-size to large companies seeking improved reporting efficiency.

  • Best fit for mid-sized to large enterprises needing streamlined reporting and compliance.

  • Ideal for finance, manufacturing, logistics, and software companies needing robust reporting solutions.


Workiva features

Type in the name of the feature or in your own words tell us what you need
Supported

Workiva centralizes ESG data and customizes reports to meet evolving standards.

Supported

Workiva keeps a chronological record of user activities for auditing.

Supported

Workiva offers tools for regulatory compliance, audits, and GRC.

Supported

Workiva supports building and maintaining a centralized risk register.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Neutral
-0.13

Customer Service

Strongly positive
+0.79

Ease of Use

Rather positive
+0.63

Reliability and Performance

Neutral
+0.06

Ease of Implementation

Neutral
-0.05

Scalability

Rather positive
+0.57

Workiva reviews

We've summarised 920 Workiva reviews (Workiva G2 reviews) and summarised the main points below.

Pros of Workiva
  • Real-time collaboration and multiple users editing simultaneously is highly praised.
  • Linking data between documents ensures consistency and reduces manual updates.
  • User-friendly interface, similar to Microsoft Word and Excel, makes it easy to learn.
  • Strong customer support, with quick response times and helpful resources.
  • Automated workflows and reporting capabilities improve efficiency.
Cons of Workiva
  • Slow performance or lag is a common complaint.
  • Limited Excel-like functionality in spreadsheets, especially for pivot tables, formulas, and formatting.
  • Difficulty with initial setup and implementation, especially for complex functionalities like Wdata.
  • Limited offline access can be challenging for users on the go.
  • Some formatting quirks when importing or exporting documents.

Workiva pricing

Users sentiment

Neutral
+0

See the Workiva pricing page.


Workiva alternatives

  • Logo of PlaidCloud
    PlaidCloud
    Better for profitability and risk management analysis. A Workiva alternative focused on data harmonization and scalable integrations.
    Read more
  • Logo of IRIS CARBON®
    IRIS CARBON®
    Better for compliance reporting specifically for XBRL, iXBRL, and ESEF. More positive user reviews. Easier to use and implement. Good customer support.
    Read more
  • Logo of DataTracks
    DataTracks
    Better for compliance reporting automation, especially XBRL. More focused on regulatory reporting in different regions. A Workiva alternative or competitor for smaller businesses needing compliance solutions. Website traffic is growing faster.
    Read more
  • Logo of Diligent ESG
    Diligent ESG
    More focused on ESG reporting and compliance for mid-sized and large businesses with established ESG programs. Better for smaller businesses with moderate ESG needs.
    Read more
  • Logo of Panaya Change Intelligence
    Panaya Change Intelligence
    Better for managing software updates and changes within ERP systems like SAP, Oracle, and Salesforce. Focuses on change impact analysis, testing automation, and risk reduction during upgrades and migrations. More suitable for IT and development teams.
    Read more
  • Logo of SAP S/4HANA Cloud
    SAP S/4HANA Cloud
    Better suited for companies seeking a full ERP solution. Offers broader industry coverage, including retail, consumer goods, and automotive. Real-time analytics and reporting are prominent features. However, it has a more complex implementation and higher cost.
    Read more

Workiva FAQ

  • What is Workiva and what does Workiva do?

    Workiva is a cloud-based platform for mid-sized to large businesses. It streamlines complex reporting and disclosures for financial reporting, ESG, and GRC by centralizing data and processes, improving collaboration, and reducing risk. It features automated workflows and a user-friendly interface.

  • How does Workiva integrate with other tools?

    Workiva integrates with other tools through pre-built connectors for platforms like BlackLine, SAP, and Oracle. It also offers APIs, enabling custom integrations to connect with other systems and automate data flow. This allows for seamless data transfer and reduces manual effort.

  • What the main competitors of Workiva?

    Top alternatives to Workiva include DataTracks, Diligent ESG, and IRIS CARBON®. These competitors offer similar functionalities for regulatory reporting, ESG management, and financial disclosure, often with different specializations or pricing models.

  • Is Workiva legit?

    Yes, Workiva is a legitimate cloud-based software platform. It's known for its collaborative features, data linking capabilities, and user-friendly interface. However, some users report slow performance and limited offline access. It's generally considered safe and reliable for managing complex reporting tasks.

  • How much does Workiva cost?

    Workiva doesn't publicly disclose its pricing. Contact their sales team for a customized quote based on your organization's specific needs. Consider factors like the number of users and desired features when assessing product worth.

  • Is Workiva customer service good?

    Workiva receives positive feedback for its helpful and responsive customer support team. Users mention quick response times and readily available assistance via various channels, including live chat, email, and phone. While some experienced difficulty getting consistent support, overall, customer service is viewed favorably.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.