AuditBoard vs Workiva Wdesk comparison

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AuditBoard Logo
1,190 views|530 comparisons
92% willing to recommend
Workiva Logo
1,278 views|793 comparisons
66% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between AuditBoard and Workiva Wdesk based on real PeerSpot user reviews.

Find out in this report how the two GRC solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed AuditBoard vs. Workiva Wdesk Report (Updated: March 2024).
768,857 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"In AuditBoard, there are all the audit steps, including documentation, archiving, and tracking the progress of audits.""Its ability to share the data in real-time has helped us well.""The most significant feature of AuditBoard is its community tools. It provides an internal communication platform that enables users to communicate within the system rather than relying on external tools such as Outlook or Microsoft products. By communicating within the system, all interactions are centralized and accessible, promoting a streamlined workflow.""The most valuable feature of AuditBoard is its ability to facilitate the editing of work papers in a seamless and efficient manner. This is achieved through a built-in tool that allows for real-time editing without the need for downloading the working paper. This feature has proven to be incredibly time-saving for me as it eliminates the step of having to download the file and make changes, instead providing an easy-to-access "edit work paper" option. Overall, this feature has greatly improved my experience with AuditBoard and has been a significant contributor to its success in my opinion.""AuditBoard is very user-friendly compared to other audit management software I have used in the past.""The most valuable feature is that everybody can use the same tool. You can give a person permission to use AuditBoard and define their access to the Audit Table. For example, we can allow external auditors or clients to review our completed tests. The clients are attached to specific tests that happen regularly, like inventory counts and asset counts. Debt compliance is only done once annually.""Considering the solution's return on investment, it has been extremely helpful since we were doing a lot of documentation. Previously, in our company, we were using an Excel sheet which made things quite messy.""The most valuable feature is the well-documented instruction."

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"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.""It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files.""The collaboration within the platform is valuable.""Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format.""It makes the compliance process more efficient and more effective.""Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."

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Cons
"A handful of things in the solution need to be improved. One of them is better communication of updates to the system or tool itself.""After sending out a request to my network for documents, it would be great to have a receipt that shows who received the request and who did not.""The initial setup is somewhat difficult because it has multiple pieces that need to be stitched together. You have to integrate it with the business unit you want to test if you want to go down from the corporate level to the operational level.""They should improve the solution's test sheets feature for ease of use.""Everything is there, and I have no disadvantage to note as of now.""It is not easy to analyze the results of a survey as a whole.""The layout for the end user could be improved.""Some of that flexibility could be enhanced. When comparing Archer and TeamMate+, there is a little more open-ended in terms of certain of our audit processes and procedures. And there is significantly greater freedom in creating ad hoc audit processes and procedures, whereas AuditBoard is a little more limiting in this regard."

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"The speed must be improved.""The most critical issue is the need to shift between uppercase and lowercase.""One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel.""At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities.""Regarding the solution, reporting has certain areas that can be considered for improvement.""With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."

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Pricing and Cost Advice
  • "Pricing is variable, like with any technology, and is determined by how hard you wish to negotiate. You can get to a price you're willing to pay if you're willing to negotiate aggressively."
  • "I highly recommend this tool as the price is reasonable. However, consistent pricing is important, and having a loyalty program that rewards long-term customers with lower prices would be a great addition."
  • More AuditBoard Pricing and Cost Advice →

  • "Our clients in Asia think that the solution is too expensive."
  • More Workiva Wdesk Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:It consolidates the E2E process in one single solution, and in a very user friendly environment.
    Top Answer:I believe the license is based on the number of key controls that will be tested regularly. You can also pay extra for additional modules, like risk testing and operational audits, etc.
    Top Answer:The layout for the end user could be improved for the control owners and people from whom I request information. If you have a good knowledge of internal auditing, you know there are internal controls… more »
    Top Answer:The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.
    Top Answer:Wdesk is affordable and as far as I'm aware, there were no additional costs beyond the standard license increase. We didn't have to make any other changes; it primarily involved accessing the platform… more »
    Top Answer:One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel. Sometimes, the features available in… more »
    Ranking
    2nd
    out of 86 in GRC
    Views
    1,190
    Comparisons
    530
    Reviews
    11
    Average Words per Review
    847
    Rating
    8.6
    7th
    out of 86 in GRC
    Views
    1,278
    Comparisons
    793
    Reviews
    6
    Average Words per Review
    692
    Rating
    7.0
    Comparisons
    OneTrust GRC logo
    Compared 21% of the time.
    RSA Archer logo
    Compared 16% of the time.
    LogicGate logo
    Compared 7% of the time.
    IBM OpenPages logo
    Compared 6% of the time.
    Oracle Hyperion logo
    Compared 16% of the time.
    RSA Archer logo
    Compared 11% of the time.
    OneTrust GRC logo
    Compared 10% of the time.
    LucaNet logo
    Compared 5% of the time.
    ACL Analytics logo
    Compared 4% of the time.
    Also Known As
    Wdesk
    Learn More
    Overview

    AuditBoard is the leading cloud-based platform transforming audit, risk, and compliance management. More than 35% of the Fortune 500 leverage AuditBoard to move their businesses forward with greater clarity and agility. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the fourth year in a row as one of the fastest-growing technology companies in North America by Deloitte. To learn more, visit: AuditBoard.com.

    Wdesk is used across the enterprise to support hundreds of data collaboration, reporting, and compliance processes. Use Wdesk to:

    • Optimize your structured and composite reports
    • Improve trust in your data, reports, and presentations
    • Transform processes to enable insight
    Sample Customers
    Information Not Available
    Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple
    Top Industries
    REVIEWERS
    Manufacturing Company44%
    Non Profit22%
    Energy/Utilities Company11%
    University11%
    VISITORS READING REVIEWS
    Computer Software Company15%
    Financial Services Firm12%
    Government11%
    Manufacturing Company10%
    VISITORS READING REVIEWS
    Financial Services Firm20%
    Educational Organization18%
    Insurance Company6%
    Computer Software Company6%
    Company Size
    REVIEWERS
    Small Business18%
    Midsize Enterprise27%
    Large Enterprise55%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise18%
    Large Enterprise64%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise24%
    Large Enterprise56%
    Buyer's Guide
    AuditBoard vs. Workiva Wdesk
    March 2024
    Find out what your peers are saying about AuditBoard vs. Workiva Wdesk and other solutions. Updated: March 2024.
    768,857 professionals have used our research since 2012.

    AuditBoard is ranked 2nd in GRC with 11 reviews while Workiva Wdesk is ranked 7th in GRC with 6 reviews. AuditBoard is rated 8.6, while Workiva Wdesk is rated 7.0. The top reviewer of AuditBoard writes "User-friendly, simple to implement, and has lots of features". On the other hand, the top reviewer of Workiva Wdesk writes "A user-friendly tool useful for data consolidation and automating the reporting schedules". AuditBoard is most compared with OneTrust GRC, RSA Archer, LogicGate and IBM OpenPages, whereas Workiva Wdesk is most compared with Oracle Hyperion, RSA Archer, OneTrust GRC, LucaNet and ACL Analytics. See our AuditBoard vs. Workiva Wdesk report.

    See our list of best GRC vendors.

    We monitor all GRC reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.