Gartner Names Workiva a Leader in 2016 Magic Quadrant for Financial Corporate Performance Management Solutions
Recognized for Completeness of Vision and Ability to Execute
AMES, Iowa, June 1, 2016 /PRNewswire/ -- Workiva (NYSE:WK), creator of the Wdesk cloud-based productivity platform for enterprises, today announced that Gartner, Inc. has positioned Workiva as a Leader in its May 31, 2016 Magic Quadrant* for Financial Corporate Performance Management Solutions (FCPM).
Gartner's FCPM market includes solutions in financial consolidation, financial reporting, management reporting, costing and forecasting, reconciliations/close management, intercompany transactions and disclosure management. Gartner evaluated 10 different software vendors on 15 criteria and placed Workiva in the furthest position for its completeness of vision in the Leaders quadrant.
"We are extremely pleased that Gartner has recognized Workiva for its vision and execution," said Matt Rizai, Chairman and CEO of Workiva. "We are successful because we place our customers' need for data integrity at the forefront of our innovation."
"We have customers in nearly every industry who use Wdesk to improve hundreds of different business processes every day," said Rizai. "Yet they all have one thing in common: they need to trust their data, and that's why they turn to Wdesk."
The full report is available on the Workiva website at www.workiva.com/fcpm.
*Gartner, "Financial Corporate Performance Management Magic Quadrant" by John Van Decker and Christopher Iervolino, May, 2016.
About Workiva
Workiva (NYSE:WK) created Wdesk, a cloud-based productivity platform used by thousands of enterprises to collect, link, report and analyze business data with control and accountability. Thousands of organizations, including over 65 percent of the Fortune 500®, use Wdesk. The platform's proprietary word processing, spreadsheet and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions and a full audit trail. Wdesk helps mitigate enterprise risk, improve productivity and give users confidence to make decisions with real-time data. Workiva employs more than 1,200 people with offices in 16 cities. The company is headquartered in Ames, Iowa. For more information, visit workiva.com.
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About Gartner Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose