What users are saying about
18 Ratings
24 Ratings
18 Ratings
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Score 8.9 out of 100
24 Ratings
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Score 6.3 out of 100

Feature Set Ratings

    Governance, Risk & Compliance

    AuditBoard

    Feature Set Not Supported
    N/A
    8.0

    Wdesk

    80%
    Wdesk ranks higher in 5/5 features

    Common repository of GRC items

    N/A
    0 Ratings
    8.1
    81%
    5 Ratings

    Risk management

    N/A
    0 Ratings
    7.8
    78%
    5 Ratings

    Integration with Corporate Performance Management (CPM) systems

    N/A
    0 Ratings
    9.0
    90%
    3 Ratings

    GRC policy management

    N/A
    0 Ratings
    7.8
    78%
    4 Ratings

    Incident management

    N/A
    0 Ratings
    7.2
    72%
    5 Ratings

    Attribute Ratings

    • AuditBoard is rated higher in 1 area: Likelihood to Recommend

    Likelihood to Recommend

    9.4

    AuditBoard

    94%
    9 Ratings
    5.2

    Wdesk

    52%
    11 Ratings

    Usability

    AuditBoard

    N/A
    0 Ratings
    9.0

    Wdesk

    90%
    3 Ratings

    Support Rating

    AuditBoard

    N/A
    0 Ratings
    9.7

    Wdesk

    97%
    3 Ratings

    Likelihood to Recommend

    AuditBoard

    AuditBoard is a great platform for our organization because it allows real-time collaboration between the owners and auditors, plus it is very user-friendly. A couple of the features I love are the view that can be tailored by individual users and the dashboard that allows you to easily check the status of different projects.
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    Workiva

    Wdesk is best suited for companies with demanding SEC filings and documents, with multiple revisions due to auditor/counsel review, and where financial reporting is extremely manual. Wdesk really helps take out the potential errors out of extremely manual processes, and helps automate regular financial reporting by allowing companies to link financial information and build customized flows of their information into financial statements and other documents (such as presentations or other internal reporting).
    Read full review

    Pros

    AuditBoard

    • Allows line of business managers to review and report SOX control status/changes which automatically update the controls in the related narratives.
    • Shows status of work.
    • Exports system data to Excel to create many helpful reporting possibilities.
    • Organizes audit tasks and information.
    Read full review

    Workiva

    • The biggest strength of the program for our team is that multiple users can work in the document at the same time. Multiple users can be in the program updating financial statements, footnotes, MD&A - all without stepping on each other's toes.
    • Rolling forward the documents from one period to the next is pretty simple. Links to source documents are maintained and new ones can be added without much hassle.
    • Edits and changes can be made right up until the last minute before filing. There is no waiting period or pencils-down period unless we enforce one ourselves - the Financial Reporting team is in control of the timing of our filings.
    Read full review

    Cons

    AuditBoard

    • It would be nice if AuditBoard had more audit templates available for use on Ops Audit.
    • More timely updates for all users on their new features and release notes.
    • More CPE training and round tables for the users.
    Read full review

    Workiva

    • The automation could be better. A lot of mass updates are done manually.
    • Sometimes the system has connection issues and certain functions are down.
    • The customer service could be more proactive to provide regular training and sharing updates on the software.
    • Customer service could be better to help process the mass updates in a timely fashion.
    Read full review

    Pricing Details

    AuditBoard

    Starting Price

    Editions & Modules

    AuditBoard editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Wdesk

      Starting Price

      Editions & Modules

      Wdesk editions and modules pricing
      EditionModules

      Footnotes

        Offerings

        Free Trial
        Free/Freemium Version
        Premium Consulting/Integration Services

        Entry-level set up fee?

        No setup fee

        Additional Details

        Usability

        AuditBoard

        No answers on this topic

        Workiva

        Overall it's a good-to-go product because of its features. It's easy to set up, meets requirements, has quality support, etc. So far, it has been working quite well for me, and I wish to continue using it for as long as it meets my requirements.
        Read full review

        Support Rating

        AuditBoard

        No answers on this topic

        Workiva

        Workiva's technical support is impeccable and undoubtedly one of the best. The times we needed them, they were super quick and willing to help. It works 24 hours a day, and there will always be someone to help with doubts or technical problems regarding the tool.
        Read full review

        Alternatives Considered

        AuditBoard

        I remember there were a lot of sync issues when I used the internally developed software, but that's probably because a few people were working on the same project at the same time. I have not come across this issue in AuditBoard
        Read full review

        Workiva

        We moved from a third party filer to doing it in house. Have seen demos of products like Active Disclosure, which has come a long way from the beta version I saw and but we are not too far gone with Wdesk for us to evaluate other products. When we first signed up with Webfilings, (former name of Workiva), there were no viable products in the market. I had seen an Oracle product and a beta version of Active Disclosure. It was not hard to see the ease and intuitive-screens, to guide one through the filing process. The excel-like spreadsheets were an added bonus.
        Read full review

        Return on Investment

        AuditBoard

        • Hard to quantify. It was cheaper than the tool we had and we were able to get rid of standalone tool for surveys. overall, just better user experience for all.
        Read full review

        Workiva

        • We spend less than we used to with a traditional printer.
        • We have been able to do turn-on-a-dime equity offerings with last minute changes and still file on time.
        • Inviting external legal into the platform has helped with communication but we actually suspect they spend MORE time (and billing) on our documents than they used to just simply because it's so easy to get at them anytime they want.
        Read full review

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