Wdesk Features

Wdesk

Financial reporting, collaboration & compliance

4.56/5 (36 reviews)

Wdesk Feature Summary

  • Sales reports
  • Collaboration
  • Control self assessment
  • Approval process management
  • Ad Hoc reports
  • Marketing reports
  • Financial reports
  • Archiving & retention
  • Controls testing
  • Environmental compliance
  • Sarbanes-Oxley compliance
  • Version control
  • Data consistency
  • Single source of truth
  • History and audit trail
  • Digital records
  • Review capabilities
  • Document management
  • Data management
  • Data linking
  • Business processes
  • Risk assessment
  • Resolution and recovery plans
  • CASS RP
  • Stress testing
  • ICAAP/ILAAP
  • Disclosure management
  • Statutory account reporting
  • Real-time data
  • Instant updates
  • Finance and accounting
  • Insurance management
  • ORSA
  • Solvency II
  • Sign-off and certification
  • Status tracking
  • Real-time dashboard
  • Schedule automatic reminders
  • Collection and testing
  • Export & reporting

Competitor Feature Comparison

Accounting Management
Activity Dashboard
Ad hoc Reporting
Approval Process Control
Archiving & Retention
Assessment Management
Audit Trail
Auditing
Certification Management
Collaboration Tools
Collaborative Review
Collaborative Workspace
Customizable Reporting
Dashboard Creation
Data Import/Export
Data Visualization
Document Management
Document Review
Financial Analysis
Financial Management
Forecasting
Monitoring
Real Time Data
Real Time Updates
Records Management
Reminders
Risk Assessment
Sales Reporting
Sarbanes-Oxley Compliance
Status Reporting
Status Tracking
Summary Reports
Version Control
Learn moreCompare App
Accounting Management
Activity Dashboard
Ad hoc Reporting
Approval Process Control
Archiving & Retention
Assessment Management
Audit Trail
Auditing
Certification Management
Collaboration Tools
Collaborative Review
Collaborative Workspace
Customizable Reporting
Dashboard Creation
Data Import/Export
Data Visualization
Document Management
Document Review
Financial Analysis
Financial Management
Forecasting
Monitoring
Real Time Data
Real Time Updates
Records Management
Reminders
Risk Assessment
Sales Reporting
Sarbanes-Oxley Compliance
Status Reporting
Status Tracking
Summary Reports
Version Control
Visit WebsiteCompare App
Accounting Management
Activity Dashboard
Ad hoc Reporting
Approval Process Control
Archiving & Retention
Assessment Management
Audit Trail
Auditing
Certification Management
Collaboration Tools
Collaborative Review
Collaborative Workspace
Customizable Reporting
Dashboard Creation
Data Import/Export
Data Visualization
Document Management
Document Review
Financial Analysis
Financial Management
Forecasting
Monitoring
Real Time Data
Real Time Updates
Records Management
Reminders
Risk Assessment
Sales Reporting
Sarbanes-Oxley Compliance
Status Reporting
Status Tracking
Summary Reports
Version Control
Visit WebsiteCompare App

Wdesk Feature Reviews

25 reviewers had the following to say about Wdesk's features:

Emily Pressler

Wdesk- Business Solution for Your Needs

2017-04-13

The tool helps with SEC, regulatory, and internal reporting, as well as audit, presentations, data collection, you name it.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Juho Walsh

Wdesk – an innovative app for progressive reporting

2019-03-11

I recommend using Wdesk as you have access to real-time reports any time you need.

Pros

What is more, you can customize the view of Wdesk for better collaboration of your team.

Cons

If you want to impress your team with a great design of graphics or tables, be ready that you will not be able to do this.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Sarah Miller

Excellent reporting and compliance solution

2019-09-08

This application is surely recommended to those who have daily tasks and also great workload to handle.

Pros

I like the interface of the product because it’s quite unique and it helps me to build task list and also too much my data into various sections according to my need.

Cons

It helps number of people to work in the form of a group with the good collaboration skills.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Occasionally

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Real Estate company, 51-200 employees)

I have used this software for SEC reporting for seven years and highly recommend it.

2018-07-17

Pros

The table creation and data linking is also very easy to use.

Cons

Usually the delay is not longer than a few seconds, or a minute or two tops, but with the increase in usage of wDesk you want to make sure that your filing is processed and accepted by the SEC on time.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Lara Vacca

Great Product!

2017-04-14

I have used Wdesk for over two years and I continue to be a happy customer! The customer support teams for SEC filings, XBRL and SOX compliance are amazing. The 24/7 customer service people are also very friendly and willing to assist with whatever is needed. I am really satisfied with Wdesk and I continue to be impressed with the functionality, ease of use and increased productivity created by this product.

Pros

Ease of use and ability to file our SEC filings when we are ready and ability to make edits up to filing is amazing.

Cons

Sometimes refreshing data when updating is slow.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Cynthia Kearns

Can't imagine Financial Reporting without WDesk

2017-04-13

WDesk continues to add new features and it is great to see that a lot of them come from real customer feedback.

Pros

Having all my reporting documents in one place. the 24-hr support.

Cons

I wish I could add an approver to a certification after sending the letter out.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Nancy Arnold

Workiva Wdesk Review

2020-02-06

Wdesk has been a very valuable tool for us in producing SEC reports from start to finish, tracking changes, comments, drafts, and ultimately ensuring input from everyone is adequately incorporated into a quality final product.

Pros

Workiva's Wdesk software was very beneficial for my team in drafting and updating quarterly and annual reports to be submitted to the SEC.

Cons

After some time, training, and hiring of additional experienced staff members on our accounting team, we had the confidence to open up the software to the entire team, which greatly increased our efficiency in using the tool.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Occasionally

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Justin Thurston

Excellent Reporting Tool!

2017-04-13

Wdesk is a lifesaver when it comes to SEC reporting. The software makes managing the reporting process easy to track and manage.

Pros

The ease of use and comparability to Microsoft Office features.

Cons

The binder features and how they are missing valuable functionality.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Anand Sharma

Best software for compliance & reporting.

2018-10-04

Pros

We get clear picture using the data figure generated through it.

Cons

No cons so far, working perfectly alright.

Rating breakdown

Ease of use
Features

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Candace Hutton

Workiva the Wonderful

2017-04-13

After multiple years of using Workiva and working with the Workiva staff, I continue to be more and more impressed with the quality of the tool and the responsiveness of the staff.

Pros

SEC filings (10-K, 10-Q, 8-K, Proxy, S-4, correspondence, etc...) management reporting and any other large/complex document that needs to be prepared on a collaborative basis or will be rolled forward for future versions.

Cons

Some limitations to Excel formulas

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Abigail Paul

Popular product for uploading all business data

2019-09-12

Linking data is now easier with this product because of its incredible features that are playing a significant role in my daily life.

Pros

I would say this product has changed my life totally because now am capable enough to build task list from my data and also to create review, approval and revision tasks as well.

Cons

I failed to find even a single drawback in it as it comprises all essential features to satisfy almost all users needs. It makes me forget rest of other similar products.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Occasionally

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Sara Combs

Excellent for Reporting and Auditing

2019-08-12

Wdesk is a critical tool in reviewing, evaluating and consolidating controls as our company continues to merge to one unified company.

Pros

Wdesk is easy to use, easy to update and pull reporting. You can also limit what each user has access/visibility to so confidential information doesn't have to be visible to all users.

Cons

I have not identified in my use to date.

Rating breakdown

Value for money
Ease of use
Features

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Kathy Hughes

Wdesk user review

2017-04-13

The linking feature in Wdesk has eliminated our concerns about data integrity when one number is used in multiple locations, and when a table is used in both the footnote and in the MD&A sections.

Pros

Very easy to use. Produces quality documents.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Logan Smith

Excellent tool that helps me making reports

2019-08-29

Also this product is a huge initiative for team management and collaboration on different levels as well.

Pros

I would like to add in this product are its simple user interface is so much attractive and appealing that I can easily work on that without any hesitation.

Cons

I trust this product because it’s reliable in order to make my documents secure. I have nothing for cons it is going well.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Occasionally

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Joy Hiatt

LOVE Wdesk!!

2017-04-13

It streamlined our financial reporting process, as well as our documentation process, when we implemented the binder module.

Pros

I love Wdesk and the binder module. Customer service is fantastic.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Jesse Berglund

Grass is greener with Wdesk

2017-04-13

Wdesk is a dependable, collaborative financial reporting platform that is supported by a dynamic accounting software company with a culture of continuous improvement.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Natalie Schoolcraft

Wdesk is the Best!

2017-04-13

It is such a relief knowing that reporting and filing will be a seamless and stress free process.

Pros

Ease of use, especially XBRL tagging

Cons

Not a lot of art/creative options. Difficult/annoying to work with JPEGS, etc, because there aren't a lot of editing options.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Laurie Becker

Implementation is a Breeze

2017-04-13

I would recommend Wdesk to anyone for SEC reporting.

Pros

Ease of use, no more pencils down, great customer service.

Cons

Challenge to bring in new documents that don't need much editing or any links, just need to be filed with something. Formatting can be cumbersome for little benefit.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Robert MacGuire

Save Your Money

2019-08-09

Horrific

Pros

Nothing. It makes obtaining reasonable assurance more difficult than it needs to be.

Cons

Another issue is the lack of a drag-and-drop feature.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

0/10
Source: Software Advice
Helpful?   Yes   No
Read more
Anonymous
(Accounting company, 51-200 employees)

Best SEC filing tool!

2020-03-31

I have the step by step filing steps make filing very easy especially during SEC deadlines.

Pros

The most useful feature is the version tracker.

Cons

Learning the software takes time and with practice it does get easier. However a learning curve does exist and it does require some training to be able to use the software as needed.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Kristin McAteer

Managing SOX nightmare, there are better options

2018-02-02

Pros

The certification process is easy to use and manage the outstanding certification.

Cons

Once you set up a user, they should be able to be selected in the role drop down, without having to reset them up in another section.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Telecommunications company, 51-200 employees)

Excellent software for the creation of financial reports.

2019-01-20

Pros

Its interface is very familiar, it is easy to use, since it uses many functions of the Office 360 ​​family, such as Word and Excel, it is very useful for users in the finance areas, since their simple tasks from the beginning foment a certain experience in several fields, what stands out is that in a financial document can be modified by more than two users at the same time without damaging its operation and, finally, the most important thing as an IT area manager is the support provided by Customer Service of the tool.

Cons

In my IT staff season, I could notice a total liking of the users so I do not generate any contra to choose this software, you can use it in your company without any inconvenience.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Sandhya Chakrapani

Essential resource for SEv Filers

2017-04-13

With a very small staff, I succeed in filing on time, every time with Wdesk and the awesome customer support team at Workiva.

Pros

Intuitive and easy to master

Cons

You wish you could learn all the features at the get go.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend

10/10

Recommendations to others considering Wdesk

Make sure to get the right fit for the right size.

Source: Capterra
Helpful?   Yes   No
Read more
Amy Collmeyer

Great tool!

2017-04-13

It makes collaboration and filing easy and the customer service representative are always ready to help!

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Barbara Wheeler

Good Product, Good Customer Support

2017-04-20

We are always open to looking at other solutions for our reporting needs, especially to keep costs down, but so far this is the one that continues to impress us the most.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more