Workiva Announces Over 1 Billion Data Values Linked in Wdesk Documents

ORLANDO, Fla., Sept. 15, 2015 /PRNewswire/ -- Workiva Inc. (NYSE:WK), creator of the Wdesk cloud-based productivity platform for enterprises, today announced at its annual user conference, The Exchange Community, that more than 1 billion data values have been linked among Wdesk documents.

"Our customers use Wdesk to solve a wide range of business data challenges, but they have one important thing in common: They all need to trust their data," said Workiva Chairman and CEO Matt Rizai during the conference's opening keynote session. "That's why data accuracy is a key component of our platform. No other company in the world links data like we do."

"More than a billion times, someone thought it was important to use this Wdesk feature," explained Jeff Trom, Workiva Chief Technology Officer. "That's over a billion pieces of our customers' data that do not have accuracy problems."

Also during the keynote address, Mike Sellberg, Chief Product Officer at Workiva, demonstrated upcoming developments in Wdesk, including an advanced platform for Sarbanes-Oxley Act (SOX) compliance and next-generation workbooks that can handle millions of rows of data at high speeds.

"We want to empower Wdesk users with even more effective ways to capture, store and connect data, and to manage workflow and documents," said Sellberg. Wdesk enhancements in development include an extremely intuitive user experience, with improved collaboration, history and cross-sheet formula features.

"Our favorite part of The Exchange Community is spending time with our customers," added Rizai. "Their great ideas and feedback help us make Wdesk better and better."

Keynote speakers addressed more than 1,500 audit, finance, risk and compliance professionals from nearly 800 companies. The three-day conference was preceded by a summit on SOX and internal controls.

About Workiva
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% of the Fortune 500, use Wdesk for risk, compliance or management reporting. Wdesk'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 1,000 people with offices in 15 cities. The company is headquartered in Ames, Iowa.  For more information, visit workiva.com.

About The Exchange Community
The Exchange Community is the annual Wdesk user conference that brings together Wdesk customers and industry leaders for three days of networking, learning and sharing best practices. For more information, click here or visit TheExchangeCommunity.com.

Safe Harbor Statement
Certain statements in this press release are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. These statements relate to future events or the Company's future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the Company or its industry to be materially different from those expressed or implied by any forward-looking statements. In particular, statements about the Company's expectations, beliefs, plans, objectives, assumptions, future events or future performance contained in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "predict," "potential," "outlook," "guidance" or the negative of those terms or other comparable terminology.

Please see the Company's documents filed or to be filed with the Securities and Exchange Commission, including the Company's annual reports filed on Form 10-K and quarterly reports on Form 10-Q, and any amendments thereto for a discussion of certain important risk factors that relate to forward-looking statements contained in this report. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company's control. These and other important factors may cause actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Any forward-looking statements are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contact:
Kevin McCarthy
Workiva Inc. 
(515) 663-4471 
[email protected] 

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SOURCE Workiva Inc.

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