Workiva

Overview

Workiva is an AI-powered cloud platform designed to unify finance, risk, and sustainability teams. In a high-scrutiny world, the platform solves the challenge of fragmented data and manual reporting by providing a single, secure environment where teams can collaborate in real time. By combining governed data, grounded AI, and traceable assurance, Workiva helps organizations deliver accurate, audit-ready reports with speed and confidence.

What sets Workiva apart is its ability to connect data across all systems, documents, and spreadsheets with full version control and auditability. This ensures that any change made to a data point is automatically updated across all linked reports, eliminating manual errors and providing a clear trail of assurance for stakeholders and auditors.

Key Features

• Workiva AI: Enables secure research, analysis, summarization, and drafting within existing workflows without putting confidential data at risk, delivering explainable and traceable insights.
• Unified Reporting: Connects financial reporting, risk management, and sustainability disclosures in a single platform to ensure consistency and alignment across the organization.
• Data Management & Connectivity: Aggregates and automates data collection from various external systems (such as Workday and SAP) to maintain a single source of truth.
• Sustainability Management: Supports carbon accounting, framework mapping, voluntary and mandatory disclosures, and double materiality assessments to meet evolving regulatory expectations.
• Audit & Risk Controls: Streamlines SOX compliance, internal audit management, and IT risk controls with real-time collaboration and permission management.

Use Cases

• CSRD & ESG Reporting: Conducting double materiality assessments, mapping sustainability frameworks, and automating data collection for mandatory ESG disclosures.
• SEC & Financial Reporting: Preparing annual and interim financial reports, managing SEC filings, and applying XBRL/iXBRL tagging with automated data linking.
• SOX & Internal Audit: Centralizing controls management, tracking PBC requests, and coordinating tasks across global audit teams.
• IPO Preparation: Uniting legal, finance, and external experts in a secure cloud platform to maintain consistency across registration statements and quarterly reports.

Who It's For

Workiva is built for finance, risk, audit, compliance, legal, and sustainability leaders at mid-sized to large global enterprises. It is particularly suited for highly regulated industries such as banking, insurance, investments, energy, utilities, and government organizations that require rigorous data governance and auditability.