Wdesk Recognized as Best Software-Defined Product
LONDON--(BUSINESS WIRE)--
Workiva
(NYSE:WK), the leading cloud provider of connected data, reporting and
compliance solutions, today announced that its Wdesk
platform was named the Best Software-Defined Product last night at Computing's DevOps
Excellence Awards dinner.
The Computing DevOps
Excellence Awards recognize outstanding achievement from
organisations, personalities and solutions operating within the DevOps
industry. Winners were selected on their superior functionality, level
of ability to modernize business processes, positive customer feedback
and a strong return on investment.
“We are proud to win this prestigious award,” said Marty
Vanderploeg, CEO of Workiva. “As the global leader in connected
reporting, XBRL and Inline XBRL, our Wdesk platform helps customers
all over the world consolidate, connect and tag their data in a
single, cloud environment so they are able to reduce risk and save time
when filing reports with various regulators and other stakeholders.”
XBRL
(eXtensible Business Reporting Language) standardizes how regulators,
investors and companies analyze and consume financial data. Inline
XBRL creates a single, standardized, machine-readable report that is
integrated within companies’ human-readable HTML filings.
Workiva, which was one of the first
companies to be certified by XBRL International, has been on the
forefront of helping
Foreign Private Issuers use XBRL tags in their U.S. Securities and
Exchange Commission (SEC) filings.
European companies are now adopting
Wdesk to comply with the European Securities and Markets Authority's
mandate for Inline XBRL for its European Single Electronic Format
(ESEF) taxonomy. More than 5,000 EU issuers will be required to use this
taxonomy for their annual financial reports, ending on or after January
1, 2020.
Multinational companies are also using Wdesk
to improve efficiency and transparency in global statutory reporting,
which is a complex and painful process for reporting information to
government agencies in compliance with each jurisdiction's local GAAP
requirements. Wdesk users are able to connect their data, people and
processes with built-in workflow, tasking and a full audit trail.
“Wdesk
is the only cloud platform that provides data assurance throughout the
entire reporting process — from ERP transactional data to final
reports,” said Vanderploeg. “Our Wdesk platform will continue to be a
driving force in transforming
financial reporting throughout the world.”
See the full list of DevOps Excellence Award winners here.
About Workiva
Workiva, the leading cloud provider of
connected data, reporting and compliance solutions, is used by thousands
of enterprises across 180 countries, including more than 75 percent of
Fortune 500® companies, and by government agencies. Our
customers have linked over five billion data elements to trust their
data, reduce risk and save time. For more information about Workiva
(NYSE:WK), please visit workiva.com.
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View source version on businesswire.com:
https://www.businesswire.com/news/home/20190321005212/en/
Media:
Kevin McCarthy
Workiva Inc.
press@workiva.com
Source: Workiva Inc.