AMES, Iowa, May 10, 2016 /PRNewswire/ -- Workiva (NYSE: WK), creator of the Wdesk cloud-based productivity platform for enterprises, today announced that Upland Software uses Wdesk for Enterprise Risk Management (ERM) alongside its internal controls and Sarbanes-Oxley Act (SOX) processes.
"At Upland, we pride ourselves on our use of state-of-the-art data centers, scalable solutions and transparency," said Marissa Palmer, SOX and Compliance Manager at Upland Software. "Workiva's ERM solution has become integral to our processes and success."
By integrating the SOX risk-control matrix, process narratives and flowcharts, Wdesk increases transparency and accountability in Upland's process, which includes internal controls that have to be monitored and tested. Sorting spreadsheets and updating documents used to take two to three days. With Wdesk, Palmer can accomplish the same tasks in less than three hours.
Wdesk also helps Palmer gains efficiencies in Upland's ERM processes, which include identifying risks, determining risk magnitude, establishing strategic responses and reporting risk exposure. She then uses Wdesk dashboards to present concise information to colleagues.
"Because our data is linked in Wdesk, I know that it's accurate," she added. "I want Wdesk to be a single source of record for SOX and ERM in 2016."
"The data transparency provided by Wdesk enables my team to more efficiently and accurately complete reporting and better support Upland's stakeholders," said Palmer.
Workiva (NYSE: WK) created Wdesk, a cloud-based productivity platform for 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.
About Upland Software
Upland Software is a leading provider of cloud-based Enterprise Work Management software. Our family of applications enables users to manage their projects, professional workforce and IT investments, automate document-intensive business processes and effectively engage with their customers, prospects and community via the web and mobile technologies. With more than 2,000 customers and over 235,000 users around the world, Upland Software solutions help customers run their operations smoothly, adapt to change quickly, and achieve better results every day. To learn more, visit www.uplandsoftware.com.
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SOURCE Workiva Inc.