Skip to main content

The Total Economic Impact™ Of Workiva

Workiva Platform Delivered 204% ROI

The benefits of uniting financial reporting, ESG, and audit and risk management all in one platform add up. See quantifiable results in this commissioned study conducted by Forrester Consulting.

workiva forrester TEI report 2023

Highlights from the TEI study.

Forrester Consulting conducted a Total Economic Impact™ (TEI) study to examine potential return on investment (ROI) of deploying the Workiva platform for financial reporting, ESG reporting, and audit and risk management.*

$2.9 million in cost savings

Using the Workiva platform eliminated the number of redundant controls tested and saved 12 hours of testing per control each year.

3,600 hours saved annually

Time spent on a single audit went from 200 hours to 120 hours in the first year—a savings of 40%.

65% reduction in time to produce ESG reports

Total hours to produce an ESG report went from 700 hours to less than half that by year 3.

Payback in <6 months

Workiva customers saw net benefits equal initial investment in just two quarters.

*Through five representative interviews and data aggregation, Forrester concluded that the three-year financial impact of Workiva included the above.

Assured, integrated reporting in a single platform.

In this TEI study, Forrester Consulting interviewed five Workiva customers across industries and geographies. The customers collectively use Workiva across different reporting and governance, risk, and compliance (GRC) functions, which Forrester Consulting used to create a composite organization.

The results: data integrations, automations, and other efficiencies that helped realize a 204% ROI and net present value (NPV) of $2.9 million.

workiva forrester TEI report 2023

Just a few of the 5,800+ customers who trust Workiva to simplify their work:

Online registration is currently unavailable.

Please email events@workiva to register for this event.

Our forms are currently down.

Please contact us at

Our forms are currently down.

Please contact us at