TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Solver

    Score8 out of 10
    N/ASolver is a cloud-based extended financial planning and analysis solution (xFP&A) that increases access to actionable insights beyond the finance department to accelerate intelligent decisions.N/A

    Workiva

    Score7.9 out of 10
    N/AWorkiva 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
    SolverWorkiva
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    SolverWorkiva
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional DetailsSolver has not provided pricing information for this product or service. This is common practice for software sellers and service providers. Contact Solver to obtain current pricing.—
    More Pricing Information
    Community Pulse
    SolverWorkiva
    Considered Both Products
    Solver
    No answer on this topic
    Workiva
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    86%
    Would buy again
    6 Answers
    Delivers good value for the price
    No answers on this topic
    86%
    Delivers good value for the price
    6 Answers
    Happy with the feature set
    No answers on this topic
    86%
    Happy with the feature set
    6 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    80%
    Implementation went as expected
    4 Answers
    Features
    SolverWorkiva
    Governance, Risk & Compliance
    Comparison of Governance, Risk & Compliance features of Solver and Workiva
    Feature
    Solver
    -
    Ratings
    Workiva
    7.9
    6 Ratings
    7% 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
    User Ratings
    SolverWorkiva
    Likelihood to Recommend
    10.0
    (2 ratings)
    5.7
    (11 ratings)
    Usability
    -
    (0 ratings)
    9.0
    (3 ratings)
    Support Rating
    -
    (0 ratings)
    9.7
    (3 ratings)
    Data Sharing and Collaboration
    6.0
    (1 ratings)
    -
    (0 ratings)
    Data Sources
    6.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    SolverWorkiva
    Likelihood to Recommend
    Solver
    We have multiple departments where they use different sources and application to reports. Solver provided us with this solution in forms of Web portal reporting, which can be accessed across the Whole company, which reduces the number of reports significantly and uniformity. One reporting application through a single source. Our budgeting process is unique last year we had many account executives shuffled, which made very complex for us to reassign accounts and budget for their sales. with complex Budgeting templates, it was not easy anyway. We had to rework our template through 4 revisions
    Incentivized
    Read full review
    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).
    Incentivized
    Read full review
    Pros
    Solver
    • Ability to combine different information into one report.
    • Report building is similar to excel, which makes for easier use.
    • Current information is always pulled.
    Incentivized
    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.
    Incentivized
    Read full review
    Cons
    Solver
    • Real-time data for reporting is not available when you get it from the warehouse.
    • Not compatible with Google Chrome.
    • Lack of version and source control for reports on the Web portal.
    Incentivized
    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.
    Incentivized
    Read full review
    Usability
    Solver
    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.
    Incentivized
    Read full review
    Support Rating
    Solver
    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.
    Incentivized
    Read full review
    Alternatives Considered
    Solver
    Since more employees other than accounting employees will be using BI360, it is more user friendly than other report builders.
    Incentivized
    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.
    Incentivized
    Read full review
    Return on Investment
    Solver
    • BI360 has made getting information to management much easier.
    • BI360 makes compiling information to make reports much easier.
    • Since BI360 is capable of so many reports, our company uses it for more than financial purposes.
    Incentivized
    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.
    Incentivized
    Read full review
    ScreenShots

    Solver Screenshots

    Screenshot of ConsolidationScreenshot of ReportingScreenshot of BudgetingScreenshot of DatawarehouseScreenshot of Analysis