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Compare SAP Advanced Financial Closing and Workiva

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At a Glance
SAP Advanced Financial Closing
SAP Advanced Financial Closing
Star Rating
(13)4.2 out of 5
Market Segments
Enterprise (63.6% of reviews)
Information
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about SAP Advanced Financial Closing
Workiva
Workiva
Star Rating
(1,853)4.5 out of 5
Market Segments
Enterprise (58.3% of reviews)
Information
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about Workiva
AI Generated Summary
AI-generated. Powered by real user reviews.
  • G2 reviewers report that Workiva excels in overall user satisfaction, boasting a significantly higher G2 Score compared to SAP Financial Closing Cockpit. Users appreciate its ability to link financial statements, footnotes, and supporting documents, ensuring consistency and accuracy across reports.
  • According to verified reviews, Workiva's implementation process is praised for its intuitiveness, allowing teams to quickly onboard and start using the software effectively. In contrast, SAP Financial Closing Cockpit, while helpful, has fewer recent reviews, indicating potential challenges in user experience during setup.
  • Users say that Workiva provides a comprehensive audit trail, making internal audits and external reviews straightforward. This feature is particularly valued by teams needing transparency in their financial processes, whereas SAP Financial Closing Cockpit, while it automates tasks, may not offer the same level of detailed tracking.
  • Reviewers mention that Workiva's custom dashboards are a standout feature, helping teams track progress and pending tasks efficiently. This level of customization is less emphasized in SAP Financial Closing Cockpit, which focuses more on streamlining the closing process through automation.
  • Users highlight that Workiva's quality of support is notably high, with many praising the responsiveness and helpfulness of the support team. In comparison, while SAP Financial Closing Cockpit also receives positive feedback for support, it does not match the level of satisfaction reported by Workiva users.
  • According to recent user feedback, Workiva's ability to automatically pull general ledger balances is a game-changer for teams, reducing manual effort and errors. SAP Financial Closing Cockpit offers similar automation benefits, but users feel that Workiva's overall user experience is more seamless and integrated.
Pricing
Entry-Level Pricing
SAP Advanced Financial Closing
No pricing available
Workiva
No pricing available
Free Trial
SAP Advanced Financial Closing
No trial information available
Workiva
No trial information available
Ratings
Meets Requirements
8.2
10
8.8
748
Ease of Use
7.8
10
8.7
1,492
Ease of Setup
6.9
7
8.2
1,070
Ease of Admin
8.3
5
8.6
189
Quality of Support
7.8
10
8.8
701
Has the product been a good partner in doing business?
9.0
5
9.0
192
Product Direction (% positive)
8.7
9
9.2
736
Features by Category
Budgeting and ForecastingHide 20 FeaturesShow 20 Features
Not enough data
8.9
56
Budget Creation
Not enough data
8.5
48
Not enough data
8.1
44
Not enough data
8.6
47
Not enough data
8.3
48
Not enough data
7.9
46
Not enough data
7.9
45
Budget Management
Not enough data
8.4
46
Not enough data
8.3
42
Not enough data
8.9
43
Forecasting
Not enough data
9.0
43
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
7.4
33
Analytics
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Agentic AI - Budgeting and Forecasting
Not enough data
8.1
6
Not enough data
8.1
6
Not enough data
8.1
6
8.1
9
8.0
271
Reconciliation
7.6
7
8.3
203
|
Verified
7.7
8
8.5
214
|
Verified
8.3
7
Feature Not Available
Reporting
8.5
9
8.6
244
|
Verified
8.1
7
8.6
234
7.9
7
8.5
218
|
Verified
Closing Process
8.7
9
8.2
200
|
Verified
8.5
8
Feature Not Available
7.9
8
8.4
198
|
Verified
AI - Financial Close
Not enough data
6.2
33
Not enough data
6.8
34
Not enough data
6.5
34
Not enough data
Feature Not Available
Not enough data
6.5
33
Enterprise Risk Management (ERM)Hide 36 FeaturesShow 36 Features
Not enough data
8.5
73
Audit Management
Not enough data
8.2
51
Not enough data
8.2
48
Not enough data
8.2
55
Not enough data
8.2
50
Not enough data
8.7
51
Regulatory Change Management
Not enough data
8.4
54
Not enough data
8.6
57
Not enough data
Feature Not Available
Not enough data
8.2
46
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Risk Management
Not enough data
8.5
51
Not enough data
8.3
48
Not enough data
8.3
50
Not enough data
8.3
47
Third Party & Supplier Risk Management
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Business Continuity Management
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Ethics and Compliance Learning
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Generative AI
Not enough data
7.9
26
Not enough data
7.9
26
Platform
Not enough data
8.9
47
Not enough data
9.0
47
Not enough data
8.0
40
Not enough data
8.6
54
Services
Not enough data
8.7
51
Not enough data
8.6
51
Not enough data
8.9
53
Not enough data
8.8
46
FP&A (Financial Planning & Analysis)Hide 16 FeaturesShow 16 Features
Not enough data
8.5
77
Financial Planning
Not enough data
8.2
52
Not enough data
8.7
59
Not enough data
8.4
58
Agentic AI - FP&A (Financial Planning & Analysis)
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Financial Insight
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Data
Not enough data
8.0
61
Not enough data
Feature Not Available
Not enough data
8.7
59
Not enough data
Feature Not Available
Status Communication
Not enough data
9.1
65
Not enough data
9.2
64
Not enough data
9.2
65
Not enough data
8.1
52
Sustainability ManagementHide 10 FeaturesShow 10 Features
Not enough data
8.4
54
Resource Management
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Compliance Management
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Administrative
Not enough data
Feature Not Available
Not enough data
8.9
47
Not enough data
Feature Not Available
Environmental, Social, and Governance (ESG) ReportingHide 20 FeaturesShow 20 Features
Not enough data
7.0
80
Data Collection
Not enough data
7.8
64
Not enough data
7.3
64
Not enough data
6.2
61
Reporting
Not enough data
6.6
61
Not enough data
7.2
60
Not enough data
7.7
62
Integration
Not enough data
7.1
59
Not enough data
7.4
63
Not enough data
6.9
61
Risk Management - Environmental, Social, and Governance (ESG) Reporting
Not enough data
7.3
51
Not enough data
6.7
51
Not enough data
6.6
49
Not enough data
6.7
49
Reporting - Environmental, Social, and Governance (ESG) Reporting
Not enough data
6.4
48
Not enough data
6.4
50
Not enough data
6.0
49
Not enough data
6.9
51
Not enough data
6.7
40
Agentic AI - Environmental, Social, and Governance (ESG) Reporting
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
7.8
245
Generative AI
Not enough data
7.1
185
Not enough data
7.1
185
Workflows - Audit Management
Not enough data
8.5
158
Not enough data
7.6
151
Not enough data
8.3
160
Not enough data
7.3
145
Not enough data
7.3
144
Documentation - Audit Management
Not enough data
7.7
146
Not enough data
7.4
146
Reporting & Analytics - Audit Management
Not enough data
8.0
147
Not enough data
7.9
148
Not enough data
7.9
146
Not enough data
7.0
29
Generative AI
Not enough data
6.9
23
Not enough data
6.8
24
Platform AI Features - Policy Management
Not enough data
6.3
16
Not enough data
5.9
15
Not enough data
8.6
16
Emissions Tracking - Carbon Accounting
Not enough data
8.6
15
Not enough data
8.3
14
Not enough data
8.6
16
Not enough data
8.1
15
Decarbonization - Carbon Accounting
Not enough data
7.9
13
Not enough data
Feature Not Available
Not enough data
7.7
13
Analytics - Carbon Accounting
Not enough data
8.0
14
Not enough data
6.9
13
Not enough data
7.6
13
Integration - Carbon Accounting
Not enough data
7.3
15
Not enough data
7.3
14
Agentic AI - Carbon Accounting
Not enough data
Feature Not Available
Not enough data
Not enough data
Agentic AI - SAP Store
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Accounting & FinanceHide 1 FeatureShow 1 Feature
Not enough data
Not enough data
Agentic AI - Accounting & Finance
Not enough data
Not enough data
Categories
Categories
Shared Categories
SAP Advanced Financial Closing
SAP Advanced Financial Closing
Workiva
Workiva
SAP Advanced Financial Closing and Workiva are categorized as Financial Close
Reviews
Reviewers' Company Size
SAP Advanced Financial Closing
SAP Advanced Financial Closing
Small-Business(50 or fewer emp.)
9.1%
Mid-Market(51-1000 emp.)
27.3%
Enterprise(> 1000 emp.)
63.6%
Workiva
Workiva
Small-Business(50 or fewer emp.)
14.2%
Mid-Market(51-1000 emp.)
27.5%
Enterprise(> 1000 emp.)
58.3%
Reviewers' Industry
SAP Advanced Financial Closing
SAP Advanced Financial Closing
Information Technology and Services
18.2%
Automotive
18.2%
Telecommunications
9.1%
Pharmaceuticals
9.1%
Machinery
9.1%
Other
36.4%
Workiva
Workiva
Accounting
12.6%
Financial Services
9.8%
Insurance
5.5%
Information Technology and Services
5.5%
Banking
5.5%
Other
61.1%
Alternatives
SAP Advanced Financial Closing
SAP Advanced Financial Closing Alternatives
BlackLine Financial Close Management
BlackLine Financial Close Management
Add BlackLine Financial Close Management
FloQast
FloQast
Add FloQast
Planful
Planful
Add Planful
Adra by Trintech
Adra by Trintech
Add Adra by Trintech
Workiva
Workiva Alternatives
AuditBoard
AuditBoard
Add AuditBoard
FloQast
FloQast
Add FloQast
Vena
Vena
Add Vena
Planful
Planful
Add Planful
Discussions
SAP Advanced Financial Closing
SAP Advanced Financial Closing Discussions
Monty the Mongoose crying
SAP Advanced Financial Closing has no discussions with answers
Workiva
Workiva Discussions
Can i ise this for upload charts?
1 Comment
CH
The Workiva platform includes the ability to import files from Microsoft Word, PowerPoint, and Excel. We import charts in Word and PowerPoint files as images...Read more
Monty the Mongoose crying
Workiva has no more discussions with answers