Fiserv Accurate Reconciliation vs Workiva Wdesk comparison

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Executive Summary

We performed a comparison between Fiserv Accurate Reconciliation and Workiva Wdesk based on real PeerSpot user reviews.

Find out what your peers are saying about Blackline, Workiva, Oracle and others in Financial Close Software.
To learn more, read our detailed Financial Close Software Report (Updated: March 2024).
765,386 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:
Pricing and Cost Advice
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  • "Our clients in Asia think that the solution is too expensive."
  • More Workiva Wdesk Pricing and Cost Advice →

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    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
    12th
    Views
    389
    Comparisons
    240
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    2nd
    Views
    298
    Comparisons
    182
    Reviews
    6
    Average Words per Review
    692
    Rating
    7.0
    Comparisons
    Also Known As
    Wdesk
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    Overview

    Many organizations rely on multiple systems to access the data required for monthly and quarterly accounting reconciliation and daily transactional matching. Some use a manual reconciliation process that relies on error-prone spreadsheets. Exceptions are slow to resolve and it's nearly impossible to achieve the single version of the truth that finance and executive teams need.

    That's why organizations worldwide use AccurateTM Reconciliation from Fiserv. It enables demonstrable operational efficiency gains over manual processing and cuts the risk of errors resulting in financial loss.

    Accurate Reconciliation is a comprehensive, end-to-end account reconciliation and certification solution that handles all transaction types and financial instruments. The solution integrates both transaction and balance-level data and automates the entire reconciliation process from data acquisition and matching through period-end approvals and reviews.

    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
    VISITORS READING REVIEWS
    Financial Services Firm30%
    Retailer14%
    Insurance Company9%
    Computer Software Company6%
    VISITORS READING REVIEWS
    Financial Services Firm20%
    Educational Organization18%
    Computer Software Company6%
    Insurance Company6%
    Company Size
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise18%
    Large Enterprise66%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise24%
    Large Enterprise56%
    Buyer's Guide
    Financial Close Software
    March 2024
    Find out what your peers are saying about Blackline, Workiva, Oracle and others in Financial Close Software. Updated: March 2024.
    765,386 professionals have used our research since 2012.

    Fiserv Accurate Reconciliation is ranked 12th in Financial Close Software while Workiva Wdesk is ranked 2nd in Financial Close Software with 6 reviews. Fiserv Accurate Reconciliation is rated 0.0, while Workiva Wdesk is rated 7.0. On the other hand, the top reviewer of Workiva Wdesk writes "A user-friendly tool useful for data consolidation and automating the reporting schedules". Fiserv Accurate Reconciliation is most compared with Fiserv Frontier Reconciliation and BlackLine, whereas Workiva Wdesk is most compared with AuditBoard, Oracle Hyperion, RSA Archer, OneTrust GRC and ACL Analytics.

    See our list of best Financial Close Software vendors.

    We monitor all Financial Close Software 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.