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Workiva Inc. (NYSE: WK) is a leading provider of cloud-based software solutions that simplify the complexities of reporting and compliance for enterprises. Headquartered in Ames, Iowa, Workiva’s flagship product, Wdesk, is a productivity platform that enables organizations to collect, link, report, and analyze business data with unparalleled control and accountability. The platform integrates proprietary word processing, spreadsheet, and presentation applications built upon a robust data management engine, ensuring synchronized data, controlled collaboration, granular permissions, and a comprehensive audit trail.
Currently serving over 6,000 organizations globally, including more than 65% of the Fortune 500, Workiva helps mitigate enterprise risk, improve productivity, and enable real-time decision-making. The platform is versatile, supporting a wide range of reporting requirements, from SEC filings to risk and compliance management.
Workiva’s platform is renowned for connecting and transforming data from a multitude of enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems, along with other third-party cloud and on-premise applications. This capability allows users to create, review, and publish data-linked documents and reports with higher control, consistency, accuracy, and productivity.
Recent achievements include Workiva’s collaborative efforts in the realm of Environmental, Social, and Governance (ESG) reporting. The company has hosted webinars and podcasts with industry leaders to explore the evolving landscape of ESG regulations and integrated reporting. Noteworthy discussions include the value of collaboration in ESG with executives from Nike and the New York Stock Exchange, and the role of ESG controllers in bridging finance and sustainability with Mastercard.
Workiva employs over 1,000 people across 15 cities worldwide, demonstrating a significant global presence. The company continues to innovate, recently hosting a webinar in partnership with PwC to discuss the 2024 Executive Benchmark on Integrated Reporting, reflecting its commitment to staying ahead of reporting regulations and providing its customers with leading-edge solutions.
For more information, visit workiva.com.
Workiva emphasizes the growing importance of integrated financial and sustainability reporting in its recent communication. As regulatory frameworks like the CSRD demand better reporting practices, companies must prepare to align their financial and sustainability data. Key steps for readiness include setting clear goals, applying double materiality principles, and assessing current reporting states. These steps are essential for organizations aiming to meet new guidelines and enhance their reporting processes.
Workiva Inc. (NYSE:WK) announced its intention to release financial results for Q1 2023 on May 2, 2023, after market closure. CEO Julie Iskow and CFO Jill Klindt will lead an investor conference call at 5:00 p.m. ET to discuss the results and respond to inquiries. Interested parties can participate by calling 888-330-2469 (U.S.) or 240-789-2740 (international), using conference ID 8736384. A replay will be available until May 9, 2023. Workiva is dedicated to enhancing transparent reporting through its leading SaaS platform, which integrates financial, ESG, and GRC data.
Workiva recently featured a discussion on the SEC's climate disclosure proposal in an episode of ESG Talk. The episode includes insights from David Kanarek, vice president and managing counsel at American Express, alongside Workiva's Mark Mellen and Steve Soter. The participants analyze potential components of the final ruling and discuss necessary preparations for finance and sustainability teams. This podcast aims to keep organizations informed about the evolving regulations affecting ESG compliance.
A recent survey by PwC US and Workiva (NYSE: WK) reveals that 70% of business leaders are proactively preparing for upcoming SEC climate disclosure rules, regardless of finalization dates. While 68% of executives utilize technology for ESG reporting, 85% express concerns over inadequate tech for compliance. Notably, 95% prioritize ESG reporting, but 40% admit to being unprepared for proposed disclosures. Independent assurance is seen as crucial for meeting these requirements, with 96% of leaders planning to seek it regardless of SEC mandates. The survey involved 300 executives from firms with $500 million or more in revenue.
Workiva Inc. (NYSE:WK) announced its participation in two upcoming investor conferences. On March 6, 2023, President & COO Julie Iskow will present at the JMP Securities Technology Conference at 9:30 a.m. PT. Additionally, a fireside chat with Iskow and CFO Jill Klindt is scheduled for March 9, 2023, at 1:05 p.m. PT during the Morgan Stanley Technology, Media and Telecom Conference. The presentations will be available via live webcast and recorded for later viewing on Workiva's investor relations website.
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