Workiva

TL;DR

Unified, AI-powered platform for finance, sustainability, and governance, risk, and compliance (GRC).
Connects data, automates workflows, and maintains auditability from source to disclosure.
Purpose-built generative AI speeds drafting, analysis, and review across reporting workflows.
Ideal for accounting and finance teams, sustainability leaders, and audit/risk professionals in complex organizations.

What is Workiva

Workiva is an AI-powered enterprise reporting and GRC platform that unifies financial reporting, sustainability management, and audit/risk workflows in a single, secure environment. It connects data across systems, automates controls and reviews, and enables real-time collaboration to streamline complex, regulated reporting. By combining unified reporting, data lineage, and purpose-built generative AI, Workiva helps organizations produce accurate, audit-ready disclosures—from SEC and CSRD reports to SOX, internal audit, and sustainability frameworks—more efficiently and with greater confidence.

Key Features

Unified Reporting Workspace: Create, manage, and link multi-document reports (e.g., SEC, CSRD, annual and interim reports) with a single source of truth, flexible formatting, and XBRL support.
Linked Data and Data Lineage: Maintain digital reviews, data history, and lineage so updates flow consistently across all usages with clear auditability.
Generative AI for Reporting Workflows: Purpose-built AI assists with drafting narratives, analyzing data, preparing earnings call materials, mapping to frameworks, and more—designed for confidential, assured reporting.
Financial Reporting Automation: Automate financial statements, multi-entity reporting, capital market transactions, internal management reporting, and ESEF filings.
Sustainability Management & Reporting: Support double materiality assessments, data collection automation, carbon accounting, framework alignment, program management, and both voluntary and mandatory disclosures.
Governance, Risk, & Compliance (GRC): Centralize SOX compliance, controls and audit management, enterprise risk management, policy management, and IT risk and compliance in one platform.
Real-Time Collaboration & Permissions: Unite legal, finance, and other stakeholders in a secure cloud workspace with granular permissions, centralized reviews, and consistent, linked content.
Secure Integrations & Data Connectivity: Connect to external data sources to automate data flows into reports and dashboards, reducing manual work and error risk.
Marketplace & Partner Network: Extend capabilities with marketplace solutions and implementation partners for integration, enablement, and broader tech stack strategy.
Enterprise-Grade Security & Support: Built for regulated industries with audit-ready controls, 24/7 support, dedicated onboarding, and adherence to leading security standards.

Who is Workiva for?

Accounting and Finance Teams responsible for SEC/ESEF filings, financial statement automation, and internal management reporting.
Audit, Risk, and Compliance Leaders managing SOX, enterprise risk, policies, and internal audit programs.
Sustainability and ESG Teams handling double materiality, carbon accounting, framework mapping, and CSRD/voluntary disclosures.
Legal and Corporate Secretarial Teams coordinating IPO readiness, registration statements, board reporting, and disclosure controls.
Controllers and FP&A Leaders seeking unified data, automation, and consistent reporting across entities and business units.
Enterprise Reporting Centers of Excellence standardizing processes across global organizations and regulated industries.

Key Use Cases & Applications

Automating SEC reporting, including drafting and maintaining linked annual and interim filings with XBRL support.
Streamlining SOX programs with centralized controls, evidence, and audit-ready workflows.
Managing CSRD readiness, double materiality assessments, and cross-framework ESG reporting.
Connecting carbon accounting data and automating sustainability metrics for disclosures and designed reports.
Coordinating IPO readiness across legal, finance, and external advisors within a secure cloud environment.
Standardizing internal audit management, risk registers, and policy lifecycle management.
Automating multi-entity and internal management reporting with connected data and consistent narratives.
Creating board reports that stay synchronized with source data and disclosures.
Preparing earnings call scripts and analytics with AI-assisted drafting and review.
Reducing manual handoffs by integrating external data sources directly into reporting workflows.

Pros

Intelligent, unified platform consolidates financial, sustainability, and GRC workflows into a single source of truth.
Linked data and clear lineage reduce manual updates and improve auditability across complex disclosures.
Purpose-built generative AI accelerates drafting, analysis, and controls documentation while respecting confidentiality.
Broad solution coverage spans SEC, SOX, CSRD, ESG frameworks, internal audit, and policy management.
Granular permissions and real-time collaboration streamline cross-functional work with legal, finance, and sustainability stakeholders.
Enterprise-grade security, 24/7 support, and dedicated onboarding ease adoption for regulated industries.
Integrations and marketplace offerings help connect external systems and extend platform capabilities.

Cons

Feature breadth and governance focus can introduce a learning curve for new teams and first-time implementers.
Optimal results often require integration setup and process redesign, which may demand partner-led onboarding.
Authoring and complex workflow management are optimized for desktop web; mobile use cases are more limited.
May be more comprehensive than needed for small organizations with simple reporting requirements.

Pricing Info

Pricing is not publicly available, You need to contact them.

FAQs

Does Workiva include generative AI, and is it secure for regulated reporting?

Yes. Workiva provides purpose-built generative AI designed for the complex and confidential nature of assured integrated reporting, helping teams draft content, analyze data, and accelerate workflows without putting data at risk.

Which reporting areas does Workiva cover out of the box?

Workiva supports financial reporting (e.g., SEC, ESEF, internal management), sustainability management (double materiality, carbon accounting, framework mapping, disclosures), and GRC (SOX, controls, audit, risk, policies, and IT compliance).

How does Workiva maintain data consistency across documents?

The platform links data across all usages and preserves digital reviews, history, and lineage, ensuring updates propagate consistently and remain auditable throughout complex reports.

Can Workiva integrate with our existing systems?

Yes. Workiva offers secure integrations and data connectivity to automate data flows from external sources into reports and dashboards, reducing manual effort and errors.

Is there a free trial or public pricing?

Pricing is not publicly listed. Organizations should contact Workiva to discuss requirements, pricing, and tailored onboarding options.

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