Eliminate risk with repeatable, reliable processes.
The need for real-time access to reliable data is essential for confident business decisions. Yet nearly 70% of organizations have made a significant business decision based on inaccurate financial data. Workiva provides connected reporting and compliance solutions that are crucial for building trust in data.
Workiva enables you to take the risk out of reporting with a centralized, collaborative, and continuous process. Connect data from the source, and watch it flow effortlessly between workpapers, risk and controls dashboards, and final reports. The entire process is automated and fully auditable.
Workiva connects financial, nonfinancial, risk, and control data from diverse sources. Internal and external stakeholders can share, review, analyze, and certify in a secure cloud platform. Linked data and narrative update in all locations as changes are made, ensuring consistency across flowcharts, committee decks, and reports.
Why choose Workiva?
Our internal audit team is more valuable if it can do work outside of SOX. Not only is it more enriching for those doing the work, but overall, it's a benefit to the entire organization.
Workiva gives our management team the comfort and transparency that their internal controls are in place, tested, and no material weaknesses are present for signoff.
We were able to set up a risk control matrix in the Workiva platform, so each control owner was clear about the control and the risk associated with that control. We’re a lot more efficient. It looks better, it gives us a better process and it’s a lot easier to visualize what we're doing because it’s there in front of you.
We’ve seen a big improvement in collaboration with our external auditors. They can now see our changes and have greater confidence in our controls because everything is linked.
For anyone considering Workiva, I’d definitely say 'Go for it.'