Best in-class for SEC reporting
March 29, 2021
Best in-class for SEC reporting
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Wdesk
We use Wdesk for our SEC reporting and for our internal controls (SOX) processes. As such, Wdesk is localized within use of the Finance/Accounting and Internal Audit teams, though there may be interest to increase its use to other departments based on needs/wants. We also have Wdesk used by our external auditors and our legal counsel to review filings and to leave comments/ make redline changes before we finalize documents.
- Integrated Financial Reporting (especially SEC reporting) for less manual work.
- Section 16 filings.
- SEC filings (preparing and filing SEC documents internally, instead of using a printer).
- Security and safeguarding sensitive non-public information.
- Continual product improvement and product investment.
- Better out-of-the-box templates for best-in-class reporting and other needs.
- Better organization of files within Wdesk.
- Better integration of SOX and SEC activities.
- Has reduced error/manual entry/risks in financial reporting.
- Has improved the quality of SEC filings.
- Has reduced hours in preparing and filing financial statements.
- Has streamlined reviews of financial statements.
Do you think Workiva delivers good value for the price?
Yes
Are you happy with Workiva's feature set?
Yes
Did Workiva live up to sales and marketing promises?
Yes
Did implementation of Workiva go as expected?
Yes
Would you buy Workiva again?
Yes