Workiva: Making Complex Reporting Easy

Matthew Rizai, CEO
Compliance and regulatory issues in today’s complex business environment are on the rise and a majority of organizations are feeling the heat to comply with changing business regulations. However, Matthew Rizai, Chief Executive Officer of Workiva, looks quite relaxed reading the latest news on the government’s regulatory agenda. He believes that “cloud” is the reverberating word that has the potential to play the role of a catalyst for transforming business processes and compliance in changing market dynamics. “Enterprises are dealing with a lot of information on a day-to-day basis. Companies want the flexibility to access information at any point of time, which is only possible through cloud technology–the future in terms of its dynamic environment,” says Rizai.

Workiva is well-known in the industry for its best-of-the-breed, cloudbased business reporting solutions that brings ease and control to compliance, management, risk, and sustainability reporting.

Workiva’s flagship product, Wdesk, allows organizations to harness high volumes of data, and combines documents, spreadsheets and presentations into one place that links the customer’s data together.The cloud-based platform allows users to access information anytime, anywhere and helps organizations have confidence in the accuracy of their regulatory reporting. Wdesk helps companies to stay relevant, deliver technology that enables business objectives and provides the ability to have a transparent view and access of the work that is being done by several teams located in different locations or on a different part of a supply chain. “Our platform looks at the different needs of an enterprise, whether that’s risk reporting, compliance reporting, or management reporting and allows users to collaborate with the rest of the people in the organization,” claims Rizai.

Being a basketball enthusiast, Rizai believes that the path to success lies in the team management and the players.
“You have to make sure that the all of the players are on the same scale and working together to sustain each other in the long run,” says the industry veteran. Workiva has shown enough tenacity in order to stay relevant and deliver technology that enables business objectives and satisfied customers. “We believe that technology innovation is going to be the game changer. At Workiva, our focus on customers’ requirements keeps us ahead of the competition,” he adds.


Workiva’s flagship product, Wdesk, allows organizations to harness high volumes of data, and combines documents, spreadsheets and presentations into one place that links the customer’s data together


Workiva finds traction in consumer goods and retail, financial, energy and utilities, services, transportation, entertainment, life sciences and manufacturing industries. The company serves more than 60 percent of the Fortune 500 companies. For instance, a leading financial company’s employees often had to work long hours, during the Security and Exchange Commission (SEC) filing period, to complete and file the reports on time.The client was using a combination of table-filled text documents and spreadsheets to create SEC reports that could run 100 pages or more. Wdesk dramatically brought down this providing an instant improvement in filing reports.

Moving forward, Workiva aims to expand its range of product offering. The basketball fanatic believes in being a team player and is certain that this principle would take his team a long way.

Company
Workiva

Headquarters
Ames, IA

Management
Matthew Rizai, CEO

Description
Provides complex cloud-based product platform business reporting solutions to the industry