Workiva Reviews & Product Details

I like that the Carbon module, which is the one I use, is very well thought out from end to end. It takes into account how different people use the information, including the data manager, data owner, and auditor. I also appreciate the integrations available, such as bulk uploads directly from the files space and estimations created directly on the platform using raw data. Navigation is quite easy as well, since the interface is clean and accessible.

My favorite part is the ongoing support we receive from Workiva’s team. They’ve designated a CSM for us, and we have weekly check-ins. In terms of performance, we’ve had some issues, but since we understand the product is still being developed, we’ve been flexible about them.

Finally, because it’s integrated with our financial data, I believe the cost and ROI are pretty competitive compared with other solutions. AI is something we haven’t been able to use in Carbon yet, since it’s a capability that isn’t available at this time. Some other ESG modules have artificial intelligence capabilities, but we don’t currently have access to them.

Using AI in the carbon module would be interesting, in terms of having an agent navigate our data and provide precise answers, removing the need to navigate the entire platform to get to one data point. Review collected by and hosted on G2.com.

Artificial intelligence capabilities are not available yet in the carbon module, or not profoundly, so this is something I'm looking forward to. This make retrieving specific information a hassle, from time to time. Also, there is still an opportunity for output specificity and data points analysis. As an ESG manager, I need some more granularity in some dimensions, like more Greenhouse gas emission types included in calculation, not just CO2 equivalencies. Also, calculating emissions from mobile combustion is a function that can be optimized, since you can't currently set up vehicles as hybrid. You currently calculate Scope 2 emissions from vehicles in the buildings site, which is not accurate since these are mobile, not stationary, emission sources. Review collected by and hosted on G2.com.

If you make an edit to a single piece of information in a spreadsheet (that has Linked Data enabled) then that edit will automatically flow to ALL related reports or presentations. So I am no longer forced to find 5 different versions of the same report at 9 pm. The last thing I want to do after a long day is manually correct the same disclosure in 4 different areas. Review collected by and hosted on G2.com.

Workiva crawls when your dataset gets large. And I know this sounds minor but I still can’t copy & paste out of certain Task Fields, which seems like an obvious oversight to me and apparently they have known about this since forever. License costs aren’t cheap as well if you’re not already invested in the Ecosystem. Review collected by and hosted on G2.com.

My favorite feature is the ability to sync from an excel file to a linked document within Workiva, which makes updating our financials streamlined and efficient Review collected by and hosted on G2.com.

The trickiest part about Workiva is understanding the permissions associated with the files and folders. It took some trial and error to get this set up properly, which includes understanding the roles of each individual and who has access to edit permissions as well. Review collected by and hosted on G2.com.

"The biggest benefit of Workiva is that it simplifies reporting and collaboration. Teams can work together in real time, data stays connected across reports, and updates happen automatically, which saves time and reduces mistakes." Review collected by and hosted on G2.com.

"One downside of Workiva is that it can have a learning curve for new users, especially if they're not familiar with reporting or compliance software. Some tasks that seem simple in spreadsheets may take time to learn in Workiva's environment. It can also be relatively expensive for smaller organizations, and users may occasionally find certain customizations or advanced features less flexible than they would like. However, many organizations feel the benefits in accuracy, collaboration, and reporting efficiency outweigh these challenges." Review collected by and hosted on G2.com.

The user friendly nature of the platform, the ability to reduce version control issues, and the interface with our third party audit team. Review collected by and hosted on G2.com.

A few downsides are the formatting capabilities although these improve year over year. Review collected by and hosted on G2.com.

Workiva has allowed us to get out of manual spreadsheet tracking and have one source of truth for our audit and risk data. It also allows us to easily connect outside parties and give access to our stakeholders for key information. Review collected by and hosted on G2.com.

Some of the functionality is limited (current planning experience, exportable reports could have better formatting). I think some of this will be greatly enhanced with the Next Gen GRC platform Review collected by and hosted on G2.com.

My favorite feature in Workiva is the ability to link numbers from workbooks directly into documents. We have our memos and financial statements connected to workbooks, so we can update the workbook once and then just hit publish, instead of manually changing each number in multiple places. This saves time and really helps prevent errors. Review collected by and hosted on G2.com.

There are a few things I wish were different. I wish you could automatically roll forward documents like financial statements; without that, we have to roll forward those documents manually. It would also be helpful to have Claude accessibility so we could use Claude to update documents, or to have a more interactive Workiva AI that can directly make changes instead of only providing suggestions or refinements. Review collected by and hosted on G2.com.

Efficiency, ability for multiple parties to work on the document or filing at the same time, document version control, no need to wait on printer process, helpful and timely customer support Review collected by and hosted on G2.com.

Functionality is not perfect (for example, for EDGAR filings that are crosslisted across types, to date, no ability to just have a single filing cover both from my experience). Would be great to be able to schedule filings ahead of time. Review collected by and hosted on G2.com.

Easy to roll financials for audited financial statements from year to year, easy to update, link to excel files, and add comments for review Review collected by and hosted on G2.com.

Takes a bit of time to learn and get used to the platform. Review collected by and hosted on G2.com.

I really like Workiva's customizability and how supportive their staff is in getting our workspace where it needs to be. I also appreciate the assessments experience which makes it easier to get input from business owners on updating controls without relying on emails, especially when many individuals are involved. Review collected by and hosted on G2.com.

Sometimes it can be hard to navigate for new users. Review collected by and hosted on G2.com.