Workiva Customers Extol the Power of Wdata at Amplify User Conference
10 September 2019 - 10:15PM
Business Wire
Workiva (NYSE:WK), provider of the world’s leading connected
reporting and compliance platform, today hosted a panel and
conference sessions with customers from the City of Missoula,
Montana, and other organizations who extolled how Wdata has
completely transformed their data orchestration and reporting
processes. The customer panel and sessions were part of the Workiva
Amplify user conference that began here yesterday and runs until
Thursday.
Wdata is a Workiva platform component that enables customers to
connect and orchestrate data from Enterprise Resource Planning
(ERP) and other third-party systems and applications to improve
data collaboration, ensure accuracy and automate downstream reports
and analyses.
Wdata Connects and Automates Data Retrieval
“Before Wdata, we had to copy and paste 50,000 to 60,000 lines
of data. Our previous reports had to be hand checked by all of our
departments against the information in our general ledger and
management reports,” said Scott Paasch, Financial Reporting
Supervisor for the City of Missoula. “It was so time-consuming, and
the risk of making a mistake was always there.”
“With Wdata, we set up our own API that automatically pulls
information from our source systems every night,” added Paasch. “So
when I get to the office in the morning, instead of spending 40
minutes each day pulling in numbers, all of the information I need
is right in front of me. I’ve created several templates for
structured management reports, and I just connect the sheets and
they auto-populate in the Workiva platform.”
“Workiva is Fast and Flexible”
Workiva offers flexible solutions for configuring workflow and
sharing data and files, which removes the risk of human error
associated with outdated, legacy processes.
“Workiva is fast and flexible, and it gives us that extra level
of comfort for our analysts and auditors so then they can focus on
real questions as opposed to trying to figure out if the data
entered is reliable,” said Paasch. “We don’t worry about data
integrity anymore, and our analysts have more confidence in what
they are reporting.”
Better Data and Quicker Decisions
“With Workiva, our data is stored in a central repository where
we can quickly access it and produce reports faster,” said Paasch.
“As we move more processes to Workiva and link other source systems
into Wdata, I foresee being able to get more complete information
into the hands of decision-makers much faster.”
“Workiva allows me to make quicker decisions about my budget
because now I have of my data in front of me in real time,” he
added. “Wdata has delivered and then some. We’ve created a very
dynamic tool that is creating efficiencies that make us very
happy.”
About Workiva Amplify
Workiva Amplify is the annual Workiva user conference. In 2019,
it expects to bring together over 2,000 accounting, finance and
compliance professionals; industry leaders and Workiva experts. The
four-day conference provides training and professional development,
continuing education credits, best practices and networking.
About Workiva
Workiva, provider of the world’s leading connected reporting and
compliance platform, 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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Media: Kevin McCarthy Workiva Inc. (515) 663-4471
press@workiva.com
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