What users are saying about
4 Ratings
17 Ratings
4 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 8.8 out of 100
17 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 8.7 out of 100

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

Feature Rating Comparison

Governance, Risk & Compliance

CaseWare IDEA
Wdesk
8.6
Common repository of GRC items
CaseWare IDEA
Wdesk
8.8
Risk management
CaseWare IDEA
Wdesk
8.5
Integration with Corporate Performance Management (CPM) systems
CaseWare IDEA
Wdesk
9.0
GRC policy management
CaseWare IDEA
Wdesk
8.5
Incident management
CaseWare IDEA
Wdesk
8.2

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

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

Pricing Details

CaseWare IDEA

General

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

Wdesk

General

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

Rating Summary

Likelihood to Recommend

CaseWare IDEA
8.5
Wdesk
8.7

Usability

CaseWare IDEA
Wdesk
9.0

Support Rating

CaseWare IDEA
9.0
Wdesk
9.7

Add comparison