What users are saying about
6 Ratings
22 Ratings
6 Ratings
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Score 8.2 out of 100
22 Ratings
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Score 6.3 out of 100

Feature Set Ratings

    Governance, Risk & Compliance

    CaseWare IDEA

    Feature Set Not Supported
    N/A
    8.3

    Wdesk

    83%
    Wdesk ranks higher in 5/5 features

    Common repository of GRC items

    N/A
    0 Ratings
    8.6
    86%
    4 Ratings

    Risk management

    N/A
    0 Ratings
    8.1
    81%
    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
    8.1
    81%
    4 Ratings

    Incident management

    N/A
    0 Ratings
    7.6
    76%
    5 Ratings

    Attribute Ratings

    • CaseWare IDEA is rated higher in 1 area: Likelihood to Recommend
    • Wdesk is rated higher in 1 area: Support Rating

    Likelihood to Recommend

    8.3

    CaseWare IDEA

    83%
    2 Ratings
    4.9

    Wdesk

    49%
    9 Ratings

    Usability

    CaseWare IDEA

    N/A
    0 Ratings
    9.0

    Wdesk

    90%
    3 Ratings

    Support Rating

    9.0

    CaseWare IDEA

    90%
    1 Rating
    9.7

    Wdesk

    97%
    3 Ratings

    Likelihood to Recommend

    CaseWare IDEA

    One example of specific scenario in [CaseWare] IDEA is the ability to run samples separately and then based off of the results, compare and contrast the values recorded and easily discern if there are any variables or discrepancies within the data itself. Also, we can test journal entries with certain parameters to check the audit for any issues that may arise pertaining to the criteria. By testing, we are able to make sure the data is accurate and sufficient.
    Anonymous | TrustRadius Reviewer

    Wdesk

    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).
    Anonymous | TrustRadius Reviewer

    Pros

    CaseWare IDEA

    • Easy to understand and easy to use.
    • Can use on large quantities of data and quickly analyze them.
    • Uses logic that can be followed if one is an auditor. I, for example, could understand the logic in a number of samples, i.e how the number of samples thrown changes when risk changes from low to moderate in proportion taking in consideration the materiality.
    • Other audit firms are using 2 software for the process that IDEA alone can do. So IDEA has a definite advantage here.
    • Customizable by the company.
    Anonymous | TrustRadius Reviewer

    Wdesk

    • 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.
    Erin Crossland | TrustRadius Reviewer

    Cons

    CaseWare IDEA

    • Bit of a learning curve for the advanced features as a beginner.
    Anonymous | TrustRadius Reviewer

    Wdesk

    • Limitations to spreadsheet formulas
    • Basic design (User Interface)
    • Works slow sometimes
    • Lacks few creative options
    • Excel formulas are limited to an extent
    Anonymous | TrustRadius Reviewer

    Pricing Details

    CaseWare IDEA

    General

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services
    Entry-level set up fee?
    No

    Starting Price

    Wdesk

    General

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services
    Entry-level set up fee?
    No

    Starting Price

    Usability

    CaseWare IDEA

    No score
    No answers yet
    No answers on this topic

    Wdesk

    Wdesk 9.0
    Based on 3 answers
    We believe that the usability of Wdesk is really very easy, accurate, reliable, and automated. The information in our documents is updated in real-time. The graphical interface is excellent, super friendly, and easy to see and use. No one has reported problems with using Wdesk. It is also easy to configure to limit the visibility of some specific information to specific users of the organization.
    Maria Luis Ribeiro | TrustRadius Reviewer

    Support Rating

    CaseWare IDEA

    CaseWare IDEA 9.0
    Based on 1 answer
    I would rate it a 9 because I never really needed support on this but if I did, there was the necessary support given promptly.
    Anonymous | TrustRadius Reviewer

    Wdesk

    Wdesk 9.7
    Based on 3 answers
    I have not had to deal with the Support Team, but overall our experience with the tool has been positive. They try to set new customers up for success from the start (I was part of the sales process, not the actual onboarding) and seemed to know that it’s a difficult transition, but worth it in the long run.
    Anonymous | TrustRadius Reviewer

    Alternatives Considered

    CaseWare IDEA

    I have used Microstart and would definitely vote for IDEA because IDEA combines what Microstart does with the help of one/more softwares. Where Microstart just gives a number of samples, IDEA selects the number of samples based on materiality, risk, and other factors. It selects those samples from the population leaving out line items that are invalid/ zero. I would prefer using IDEA any day.
    Anonymous | TrustRadius Reviewer

    Wdesk

    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.
    Sandhya Chakrapani | TrustRadius Reviewer

    Return on Investment

    CaseWare IDEA

    • We were able to save time by over 200 billable hours over our last busy season cycle
    • We saved roughly 12% on costs compared to the last program we used.
    Anonymous | TrustRadius Reviewer

    Wdesk

    • 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.
    Anonymous | TrustRadius Reviewer

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