Board and Workiva Wdesk are competing in business management and reporting solutions. Workiva Wdesk has the upper hand due to its comprehensive features and robust integration capabilities.
Features: Board focuses on data visualization, dashboards, and performance management for financial planning and analytics. Workiva Wdesk excels in collaboration tools, real-time data management, and compliance features suitable for audit and risk management.
Room for Improvement: Board can improve by expanding integration options, enhancing its real-time data capabilities, and developing audit compliance features. Workiva Wdesk could improve its pricing model to appeal to smaller businesses, simplify initial setup, and enhance visualization tools.
Ease of Deployment and Customer Service: Workiva Wdesk offers a cloud-based deployment model with easy access and regular updates, supported by responsive customer service. Board provides both on-premise and cloud options, requiring more setup but offering greater control.
Pricing and ROI: Board presents a lower upfront investment appealing to budget-conscious buyers. Workiva Wdesk, though with potentially higher costs, offers strong ROI through advanced features and scalability, providing long-term value for organizations seeking detailed financial reporting and compliance capabilities.
| Product | Mindshare (%) |
|---|---|
| Board | 4.6% |
| Workiva Wdesk | 3.0% |
| Other | 92.4% |
| Company Size | Count |
|---|---|
| Small Business | 13 |
| Midsize Enterprise | 12 |
| Large Enterprise | 8 |
| Company Size | Count |
|---|---|
| Small Business | 1 |
| Midsize Enterprise | 1 |
| Large Enterprise | 5 |
Board offers a customizable platform perfect for quick setup and minimal maintenance with efficient data handling for real-time reporting, visualization, and analysis.
Users leverage Board for budgeting, forecasting, and financial reporting, appreciating its effective performance in capturing operational and financial data. Despite some initial adjustments when transitioning from Excel, organizations commend its design and flexibility. Though improvements are needed in spell check, scalability, and data import error messages, the promise of updates in BOARD 11 is noteworthy, especially for better data presentation control. Users are keen on enhanced integration, security, visualization, and Excel functionalities.
What are Board's most valuable features?Board's implementation spans industries, focusing on budgeting, forecasting, and financial reporting. Many organizations cite improved sales forecasting and strategic planning capabilities, appreciating the transition from traditional methods. The dual data entry feature remains valuable, balancing flexibility and industry-specific requirements.
Workiva Wdesk specializes in updating financial results with seamless API connectivity and strong data assurance. Valued for its effective compliance processes, the platform enhances collaboration, making it efficient for financial data handling and reporting schedules.
Known for its integration with ERP tools, Workiva Wdesk supports standardized data flow, easing management and document replication for updates. Its user-friendly interface facilitates efficient collaboration for tasks like SOX, internal audit, and SEC filings. However, users point out the need for better compatibility with PowerPoint and Excel features, improved search functionality, and enhanced data linkage management. There are also concerns regarding encoding, data loss during server refreshes, and workflow inefficiencies.
What are the key features of Workiva Wdesk?Workiva Wdesk is extensively used across industries for creating and managing board deck presentations, aiding teams in generating annual reports and preparing detailed reports including data tables. It facilitates collaboration in financial settings, addressing needs in compliance, risk management, and audit preparation.
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