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Board vs Workiva Wdesk comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 19, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Board
Ranking in Business Performance Management
7th
Average Rating
8.6
Reviews Sentiment
7.1
Number of Reviews
37
Ranking in other categories
BI (Business Intelligence) Tools (22nd), Reporting (17th)
Workiva Wdesk
Ranking in Business Performance Management
11th
Average Rating
7.0
Reviews Sentiment
7.0
Number of Reviews
7
Ranking in other categories
GRC (8th), Financial Close Software (6th)
 

Mindshare comparison

As of January 2026, in the Business Performance Management category, the mindshare of Board is 4.9%, down from 6.3% compared to the previous year. The mindshare of Workiva Wdesk is 3.2%, up from 3.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Market Share Distribution
ProductMarket Share (%)
Board4.9%
Workiva Wdesk3.2%
Other91.9%
Business Performance Management
 

Featured Reviews

reviewer2645016 - PeerSpot reviewer
Manager, Software Delivery at a financial services firm with 10,001+ employees
Offers flexibility in design and saves time in budgeting and forecasting processes
I find Board to be simple and easy to use. It offers significant flexibility in designing solutions. The system overall is very useful, with many capabilities that provide flexibility. Our budgeting and forecasting processes support around three hundred twenty users who would otherwise rely on Excel, making Board invaluable for saving time.
reviewer2510292 - PeerSpot reviewer
Corporate ESG Analyst at a university with 1,001-5,000 employees
Has cross-functional connectivity but improvement is needed in script encoding
The tool's deployment is quick. Once the program is set up, you're ready to collect data and connect it to your report. The deployment team's size depends on the size of the company and how many different data providers you're utilizing. Some companies have one person doing everything, while others have a huge team. We're on the latter end of it, with many people involved. One great thing about the platform is that everything is consolidated in one place, providing a single resource for everyone. This is a benefit. The maintenance of the solution depends on the experience of the person managing the company's program. The company might have a contractor handling the back end and software management if they're low-level and only analyzing the data. However, if you have someone experienced with software and script encoding, that person might be the analyst and managing the program. Generally, most people are just analysts and not managing the software. There's an opportunity for improvement in user management of their software, and I hope they address this gap before the year ends.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"It is useful for self-analysis regarding company data and helps to find areas where we can improve."
"Our clients have improved a lot in terms of coordination and communication. This has improved their internal performance."
"​Our data is now more structured. Between our data warehouse and BOARD, which are both brand new, we now have a more structured data view with more accurate, timely data."
"Now, we have only one version of the truth."
"The dynamic selections on the screen and details by function are also valuable for inside the data view."
"we are able to easily export data. When directors need financial information, we can go in the system and export the data, then send it out so they have it ready and available. If they are not in the office, we can email it to them. In addition, all the managers are now more on top of their expenses and their budget."
"Instead of taking two people a week each month to perform our internal KPI reporting, the same two people can have it done in a day."
"BOARD technical support is knowledgeable and helpful."
"The cross-functionality between connectivity, whether through API connections between different software platforms or the connection of data collection to the actual written ESG report, is highly valuable. The connectivity of all these aspects significantly aids in data assurance, which I consider a bonus."
"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."
"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."
"The collaboration within the platform is valuable."
"It makes the compliance process more efficient and more effective."
"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."
"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."
 

Cons

"It would be nice to see truly transferable processes from model to model, as well as a method of building repetitive processes."
"​One of the things that I would like to see is the ability to have a rule directly referenced on the cubes.​"
"We would like to see better logging in the procedural world."
"It would be huge in the future if BOARD offered a lot more graphs and presentations, and it was a lot easier to use."
"It can have more functionality for narrative reporting. They should also improve their training courses, which are currently very lightweight. When you get into more complex things, it is quite difficult to figure out what you're supposed to do, and you have to look at a lot of videos before you actually understand, which is a bit frustrating. Their training can be more comprehensive."
"If we could upload other data, e.g., pivot tables which can be done in BOARD already, that we have pre-existing and have that data distribute to more complex spreadsheets​, I would like that going forward."
"We can't delete entities and cubes in Boards because it interrupts our whole data model."
"It would be nice to be able to host your site and actually have BOARD be the driver of your site. So you could have anybody in your organization go to www.myorg.com, for example, and then go through what you allow them to go through. So rather than having to go through the application, to be able to go to actually host it to a website."
"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."
"The most critical issue is the need to shift between uppercase and lowercase."
"The speed must be improved."
"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."
"The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandatory or voluntary reporting requirements, leading to lost linkage connections that must be manually reset each time a change is made. This aspect is not functional now, and I see it as an opportunity for improvement."
 

Pricing and Cost Advice

"​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
"Find a partner who will take responsibility for the implementation, and be available for support."
"The tool's price is a bit high compared to other solutions."
"It is not the cheapest product on earth, but you get so much. It provides good value for money."
"Our clients in Asia think that the solution is too expensive."
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Top Industries

By visitors reading reviews
Manufacturing Company
11%
Financial Services Firm
10%
Computer Software Company
9%
Insurance Company
8%
Financial Services Firm
15%
Manufacturing Company
8%
Computer Software Company
8%
Insurance Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business13
Midsize Enterprise12
Large Enterprise8
By reviewers
Company SizeCount
Small Business1
Midsize Enterprise1
Large Enterprise5
 

Questions from the Community

Is Board better than Anaplan as a Business Intelligence (BI) solution?
We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and simu...
What do you like most about Board?
All the reports are prepared automatically.
What needs improvement with Board?
Board's integration could be a bit more robust, but what we have works. If the design isn't right, the flexibility of Board can negatively impact performance.
What needs improvement with Workiva Wdesk?
The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandat...
What advice do you have for others considering Workiva Wdesk?
I've been working with the tool's script encoding departments and top management to address gaps in their script encoding. They are working towards closing these gaps to ensure we can continue usin...
 

Comparisons

 

Also Known As

No data available
Wdesk
 

Overview

 

Sample Customers

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple
Find out what your peers are saying about Board vs. Workiva Wdesk and other solutions. Updated: December 2025.
881,082 professionals have used our research since 2012.