Workiva Review: Is It The Right Accounting Software For Your Team?
Best for SMB teams · Mid-market · Enterprise
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Workiva offers custom pricing plan
General Electric
Airbnb
Lululemon
3M
Johnson and JohnsonTrusted by many companies including General Electric
Integrates with
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What is Workiva?
Workiva is a cloud-based platform that helps organizations manage financial reporting, ESG disclosures, risk, and compliance in a single connected environment. It allows teams to link data, documents, and reports in real time, reducing manual work and version errors across regulatory filings, internal reporting, and audits. Workiva is widely used by finance, compliance, audit, and sustainability teams to improve accuracy, collaboration, and transparency while meeting complex regulatory requirements.
Pricing
Workiva offers custom pricing plan
Best For
Suited for solo users, small teams, SMBs, and enterprise
Security & Compliance
SOC 2Data residency:Global
Workiva Software Demo
Workiva was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.
Who should consider Workiva
- Use cases
- CFO, Finance Director, VP of Finance
- Team types
- Financial Services, Banking
- Company size
- 1,800+
Why teams choose Workiva
Role-based access ensures finance, legal, audit, and sustainability teams can collaborate while maintaining accountability and data integrity.
Many organizations use Workiva to replace fragile spreadsheet workflows, lowering operational risk and improving reporting consistency over time.
Multi-entity, global organizations benefit from Workiva’s ability to handle large volumes of data, multiple reporting frameworks, and recurring reporting cycles without performance degradation.
Is Workiva right for you?
What buyers should know before shortlisting Workiva
Workiva is a strong choice for organizations that need accuracy, control, and traceability in financial, ESG, risk, and compliance reporting. The platform stands out for its connected data model, which links source systems directly to reports and disclosures, reducing manual errors and version issues.
Teams benefit from real-time collaboration, clear audit trails, and structured workflows that support regulatory readiness. Workiva is especially valuable for public companies and regulated enterprises managing complex filings across departments.
While it is not an operational accounting or billing system, it excels as a reporting and governance layer that sits on top of existing finance, ERP, and compliance tools.
Workiva pros and cons
- Workiva pros
Role-based access ensures finance, legal, audit, and sustainability teams can collaborate while maintaining accountability and data integrity.
Many organizations use Workiva to replace fragile spreadsheet workflows, lowering operational risk and improving reporting consistency over time.
Multi-entity, global organizations benefit from Workiva’s ability to handle large volumes of data, multiple reporting frameworks, and recurring reporting cycles without performance degradation.
- Workiva cons
Teams often need dedicated owners or consultants during onboarding to fully adopt best practices.
Organizations still need ERP, accounting, and HR systems, which means Workiva functions as an additional layer rather than a replacement.
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What is the pricing of Workiva?
Workiva uses custom pricing — plans are tailored to your team size and needs. Contact them for a quote.
Workiva reviews and ratings
What buyers like
- Role-based access ensures finance, legal, audit, and sustainability teams can collaborate while maintaining accountability and data integrity.
- Many organizations use Workiva to replace fragile spreadsheet workflows, lowering operational risk and improving reporting consistency over time.
- Multi-entity, global organizations benefit from Workiva’s ability to handle large volumes of data, multiple reporting frameworks, and recurring reporting cycles without performance degradation.
Common complaints
- Teams often need dedicated owners or consultants during onboarding to fully adopt best practices.
- Organizations still need ERP, accounting, and HR systems, which means Workiva functions as an additional layer rather than a replacement.
- Workiva’s pricing model is enterprise-focused and may be difficult to justify for small teams or companies without formal reporting obligations.
- See if Workiva fits your business
- Real pricing — no sales pressure
- A demo or quick answers, your call
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What are the features of Workiva?
Accounting has four main features: recording, classifying, summarising, and interpreting. Accounting is the science of keeping track of tran…
Workiva integrates with major ERP and accounting systems to pull financial data into a unified reporting environment. These integrations ena…
Accounting management is a crucial aspect for any business, regardless of its size or industry. It involves managing and organizing financia…
Workiva supports accounts payable reporting by consolidating AP data from ERP and accounting systems into structured financial reports and d…
Workiva enables accurate accounts receivable reporting by connecting AR data from finance systems into centralized reports and compliance do…
Workiva does not track employee attendance operationally. It integrates attendance-related data from HR or workforce systems into financial…
Workiva does not handle operational billing or invoice generation. Instead, it supports billing and invoicing reporting by linking revenue a…
Workiva supports cash management reporting by consolidating cash balances and flow data from multiple systems into unified reports. Treasury…
A personalized invoice, even one that is only semi-stylized, is an opportunity to improve your company's image. Customizing invoices adds a…
Workiva assists with fixed asset reporting by linking asset data from ERP systems into financial statements and compliance documents. Organi…
Workiva supports inventory reporting by connecting inventory valuation data from ERP and supply chain systems into financial reports. Teams…
Workiva is not a marketing automation tool. It supports marketing performance and spend reporting by consolidating data from marketing platf…
Workiva does not process payroll. It supports payroll reporting by linking payroll expense data into financial statements and compliance rep…
Workiva supports project accounting reporting by aggregating project cost and financial data into standardized internal and external reports…
Workiva supports time and attendance reporting by integrating labor data from payroll or HR systems into compliant reports. Finance teams re…
Workiva security and data handling
Key compliance certifications and security features for IT and security teams evaluating Workiva.
Certifications
Security features
Developer & data
Alternatives to Workiva
Recommended
Streamline your finances with ease.
9.2
Excellent
Why buyers keep looking beyond Workiva
Smaller companies or fast-moving teams may opt for alternatives with shorter setup timelines and predictable pricing, especially if they lack resources for structured onboarding.
Teams looking for built-in billing, payroll, inventory, or day-to-day accounting capabilities may choose platforms that combine operations and reporting in a single system.
Organizations with simple internal reporting needs or no regulatory disclosure requirements may prefer lighter, lower-cost tools that handle basic reporting without enterprise-level controls.
Workiva Integrations
Workiva Customers
General Electric
Airbnb
Lululemon
3M
Johnson and Johnson
stryker
Unum
Xylem
Corteva
Workiva Support Options
Frequently Asked Questions About Workiva
Common questions buyers ask before choosing Workiva.
Workiva is a Accounting Software. Workiva offers Accounts Payable, Accounts Receivable, Billing and Invoicing, Cash Management, Fixed Asset Management and many more functionalities.
Buyers commonly note the following limitations of Workiva: Teams often need dedicated owners or consultants during onboarding to fully adopt best practices.; Organizations still need ERP, accounting, and HR systems, which means Workiva functions as an additional layer rather than a replacement.; Workiva’s pricing model is enterprise-focused and may be difficult to justify for small teams or companies without formal reporting obligations..
Some top alternatives to Workiva includes Xero, Zoho Books, PharmaTrader, Accounting Seed and ReconArt.
Workiva offers Quotation Based pricing model
Yes, Workiva can integrate with Workday Financial Management, Oracle Identity Management, JumpCloud, ServiceNow App Engine and many more.You can find more integration for Workiva here
The starting price is not disclosed by Workiva. You can visit Workiva pricing page to get the latest pricing.
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Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
