Deloitte Enhances Accounting and Finance Portfolio with Workiva Connected Reporting and Compliance Platform
Strategic alliance can help finance departments create automated reports and regulatory filings to mitigate risk, enhance auditability and improve efficiency
NEW YORK, Sept. 10, 2019 /PRNewswire/ -- Deloitte today announces a strategic alliance with Workiva (NYSE:WK), provider of a leading connected reporting and compliance platform designed to improve financial and managerial reporting. The alliance enhances Deloitte's finance, accounting and compliance solutions portfolio, which aims to help organizations transform, automate and govern financial accounting processes while improving internal control, statutory and regulatory activities.
Workiva's platform enables users to connect and integrate data from third-party systems and applications to improve data collaboration, enhance accuracy and automate downstream reports and analyses for risk management, financial reporting and regulatory compliance processes—all within a secure cloud environment.
"CFOs and controllers are taking unnecessary risk of errors in their reports and regulatory filings if they are relying on outdated, legacy software to wrangle disparate business data with multiple collaborators," said Marty Vanderploeg, CEO of Workiva. "The Workiva platform gives them the ability to connect data among their source systems and applications, streamline workflow, automate data updates and create trusted reports with a full audit trail. By improving efficiency and accuracy, our customers have more time for analysis and strategic guidance."
"Our clients are working to transform their finance functions and realize that advanced technologies are an accelerant to that effort," added Valeriy Dokshukin, Deloitte Risk & Financial Advisory partner, Deloitte & Touche LLP. "Through our strategic alliance, we'll offer our clients input on leading practices for managing risk, compliance, finance operations and more, as well as access to one of the industry's leading solutions. Our goal is to help controllers, finance teams and professionals across the enterprise reduce risk, drive operational efficiency and enable business growth."
For more information on how Deloitte enables controllers and finance teams to build world-class controllership capabilities, visit Deloitte's Center for Controllership.
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.
About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 5,000 private and middle market companies. Our people work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthy society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Our network of member firms in more than 150 countries and territories serves four out of five Fortune Global 500® companies. Learn how Deloitte's approximately 286,000 people make an impact that matters at www.deloitte.com.
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Contacts
Shelley Pfaendler |
Kevin McCarthy |
Public Relations |
Public Relations |
Deloitte Services LP |
Workiva Inc. |
+1 212 492 4484 |
+1 515 663 4471 |
SOURCE Deloitte
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