Mitratech PolicyHub vs. Workiva

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Mitratech PolicyHub
Score 5.8 out of 10
N/A
Mitratech PolicyHub is a policy management solution designed to create, update, approve and communicate policies to automated knowledge assessments, audit and reporting.N/A
Workiva
Score 8.2 out of 10
N/A
Workiva is a cloud platform supporting ESG protecting, designed to provide collaboration, data integration, and an audit trail. The platform helps mitigate risk, and improves productivity.N/A
Pricing
Mitratech PolicyHubWorkiva
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Mitratech PolicyHubWorkiva
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Mitratech PolicyHubWorkiva
Top Pros
Top Cons
Features
Mitratech PolicyHubWorkiva
Governance, Risk & Compliance
Comparison of Governance, Risk & Compliance features of Product A and Product B
Mitratech PolicyHub
-
Ratings
Workiva
7.9
6 Ratings
4% above category average
Common repository of GRC items00 Ratings8.05 Ratings
Risk management00 Ratings7.75 Ratings
Integration with Corporate Performance Management (CPM) systems00 Ratings9.03 Ratings
GRC policy management00 Ratings7.74 Ratings
Incident management00 Ratings7.05 Ratings
Best Alternatives
Mitratech PolicyHubWorkiva
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Score 9.6 out of 10
Rencore Code (SPCAF)
Rencore Code (SPCAF)
Score 8.8 out of 10
Medium-sized Companies
PowerDMS by NEOGOV
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Score 9.6 out of 10
Forcepoint DLP
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Score 8.9 out of 10
Enterprises

No answers on this topic

Forcepoint DLP
Forcepoint DLP
Score 8.9 out of 10
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User Ratings
Mitratech PolicyHubWorkiva
Likelihood to Recommend
5.6
(5 ratings)
5.5
(11 ratings)
Likelihood to Renew
6.2
(5 ratings)
-
(0 ratings)
Usability
-
(0 ratings)
9.0
(3 ratings)
Support Rating
-
(0 ratings)
9.7
(3 ratings)
Implementation Rating
6.1
(4 ratings)
-
(0 ratings)
User Testimonials
Mitratech PolicyHubWorkiva
Likelihood to Recommend
Mitratech
If you need a centralized location for policies and procedures, this system is great for the cost and effectiveness. While other systems had more bells and whistles, PolicyHub had everything one needs to maintain their P&Ps without costing a small fortune.
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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).
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Pros
Mitratech
  • Reminders of policies needing updating
  • Simple inbox for end-user
  • Online Access
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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.
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Cons
Mitratech
  • Document retraction can be confusing. Document in the library will still show as published even though it has been retracted.
  • Reporting is lacking in some areas. We have had issues meeting compliance requirements for document review status dates.
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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.
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Likelihood to Renew
Mitratech
It helps us do what we need it to do.
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Workiva
No answers on this topic
Usability
Mitratech
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.
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Support Rating
Mitratech
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.
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Implementation Rating
Mitratech
There were a number of calls and fixes that had to take place. we have a number of patches in places and bugs that needed fixing. we identified issues as we went along and became the company trying to test the system with no real benefit to us.
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Workiva
No answers on this topic
Alternatives Considered
Mitratech
We did not evaluate any other product.
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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.
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Return on Investment
Mitratech
  • It has enabled us to maintain a central database of P&P to ensure everyone is on the same page. We were completely paper/manual before so some things didn't get updated appropriately. This enables us to review and comply with requirements we have as a federally-qualified health center. It also makes it easier for us to pull policies when we need them.
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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.
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