Fiserv Frontier Reconciliation vs Workiva Wdesk comparison

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Executive Summary

We performed a comparison between Fiserv Frontier 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).
765,234 professionals have used our research since 2012.
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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."
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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
    9th
    Views
    692
    Comparisons
    485
    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

    Even with strict regulations for accurate and compliant financial reporting, many organizations still use manual or semi-automated processes for reconciliation and certification. Such processes can result in errors, operational inefficiency and lack of visibility into the numbers during certification.

    That’s why organizations turn to FrontierTM Reconciliation from Fiserv. Automated reconciliation can have a significant effect on the bottom line while also reducing risk.

    How Does Account Reconciliation Software Help You?
    A comprehensive end-to-end reconciliation and certification solution, Frontier Reconciliation forms a complete account reconciliation picture across your enterprise that makes exceptions instantly visible and reduces manual interventions. Workflows fully automate labor-intensive processes and ensure compliance with corporate and regulatory controls.

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    But reducing errors and write-offs is only part of the picture. By minimizing the need for manual research or interventions during the reconciliation process, organizations can achieve major efficiency improvements and lower operational costs while enabling staff to perform more value-added work.

    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
    Northway Bank
    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 Firm43%
    Computer Software Company8%
    Retailer8%
    Energy/Utilities Company7%
    VISITORS READING REVIEWS
    Financial Services Firm20%
    Educational Organization18%
    Computer Software Company6%
    Insurance Company6%
    Company Size
    VISITORS READING REVIEWS
    Small Business12%
    Midsize Enterprise19%
    Large Enterprise68%
    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.
    765,234 professionals have used our research since 2012.

    Fiserv Frontier Reconciliation is ranked 9th in Financial Close Software while Workiva Wdesk is ranked 2nd in Financial Close Software with 6 reviews. Fiserv Frontier 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 Frontier Reconciliation is most compared with BlackLine, Fiserv Accurate Reconciliation and Adra, 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.