Workiva
workiva.comBuild Difficulty: 5/5
Build a working replacement in a weekend with AI tools
The AI-powered platform for data-driven finance, risk & sustainability
How to Replace WorkivaOverview
Features
40 features across 16 categories
AI(3)
Use AI to draft policies, disclosures, and other content
AI-powered analysis of language in documents for regulatory risk identification
AI-powered assistant powered by leading LLMs with pre-built prompt library for automating routine tasks, surfacing insights, and accelerating report preparation
Automation(1)
Automate collection of sustainability and compliance data from multiple sources
Collaboration(5)
Track changes and redlines within documents
Conduct digital review processes with version control and audit trails
Built-in commenting and review capabilities within the application
Enable teams to collaborate in real-time on documents and workflows
Track version history and manage document versions
Compliance(3)
Full auditability and traceability of all data changes and actions
Manage IT-related risks and compliance requirements
Support for Sarbanes-Oxley compliance requirements and management
Data Management(3)
Centralize all data and linkage with clear auditability and traceability
Connect data across documents, spreadsheets, and presentations including numbers and narrative linking
Aggregate and verify data insights to maintain accuracy across teams
Financial Services(1)
Support for capital market transaction processes and reporting
Integration(2)
Pre-built integrations to major platforms including Oracle, Salesforce, Workday, and BlackLine
Connect to thousands of other systems through open APIs
Licensing(1)
All offerings provide unlimited seats or users for easier collaboration without additional administration
Localization(1)
Support for over 40 languages and operations in 180+ countries
Mobile(1)
Native mobile applications for iOS and Android for on-the-go work
Reporting(6)
Create customized reports with flexible design options
Automate financial reporting processes including Annual & Interim Financial Reporting, SEC Reporting, Multi-Entity Financial Reporting, and ESEF Reporting
Automate creation and management of financial statements
Generate internal management reports for stakeholder communication
Manage both voluntary and mandatory sustainability disclosures
Support for XBRL tagging with unlimited users on single document version
Risk Management(5)
Streamline audit processes and manage audit workflows
Centralized management of internal controls with auditability and version control
Manage organizational policies and procedures with AI-assisted drafting
Analyze risks and controls, identify gaps, and manage risk portfolios
Comprehensive risk identification, assessment, and management capabilities
Security(1)
Control and manage user permissions and access levels
Support(1)
Round-the-clock technical support with live phone assistance and professional translators in 190+ languages
Sustainability(5)
Track and manage carbon emissions data and accounting
Conduct and document double materiality assessments with AI-assisted drafting
Align sustainability reporting to top standards and frameworks
Align sustainability efforts with recognized frameworks and standards
Organize and manage sustainability initiatives and programs
Workflow(1)
Organize workflows across multiple teams with centralized dashboards and widgets
Pricing
Custom Pricing
- ✓Data linking across documents, spreadsheets, and presentations
- ✓Integrated Workiva AI Intelligent Companion
- ✓24/7 support with complimentary live phone assistance
- ✓70+ connectors to major platforms
- ✓In-app comments and review tools
- ✓Version control and blackline capabilities
- ✓Cross-team workflow with centralized dashboards
- ✓Open APIs
- ✓Mobile app for iOS and Android
- ✓Unlimited seats
Cost Calculator
Pricing data not available for Workiva. Check their website for current pricing.
Build vs Buy
Should you build a Workiva alternative or buy the subscription? Estimate based on 40 features.
Buy Workiva
Better ValueBuild Your Own
Buying Workiva saves ~$36,960 over 3 years vs building.
Estimates based on 40 features and a BuildScore of 5/5. Actual costs vary.
Integrations
4 known integrations