IBM OpenPages vs Workiva Wdesk comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

IBM OpenPages
Ranking in GRC
8th
Average Rating
6.6
Number of Reviews
5
Ranking in other categories
IT Governance (2nd)
Workiva Wdesk
Ranking in GRC
7th
Average Rating
7.0
Number of Reviews
7
Ranking in other categories
Business Performance Management (12th), Financial Close Software (3rd)
 

Mindshare comparison

As of July 2024, in the GRC category, the mindshare of IBM OpenPages is 6.2%, up from 5.5% compared to the previous year. The mindshare of Workiva Wdesk is 9.0%, up from 5.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC
Unique Categories:
IT Governance
25.0%
Business Performance Management
2.9%
Financial Close Software
8.6%
 

Featured Reviews

Olawale Ayuba - PeerSpot reviewer
Jan 23, 2024
Enables us to manage global workflow and users' relationships with the links
We use the solution for IT governance, risk management, and office management. We are looking at users' status in the IT risk bank links IT assessment risk assessment. IBM software has a risk register and something with risk controls. It is a new area for us. We are actively marketing this…
TB
Oct 15, 2023
Allows multiple users, each responsible for specific sections, to collaborate efficiently
One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel. Sometimes, the features available in their versions of these applications fell short of the company's standards, which could be limiting. Having access to the latest versions might increase costs, but it is essential to keep up with the evolving technology landscape and meet the demands of companies that require faster reporting processes. This would make it easier to handle custom requests and adjustments, like creating specific data categories in Excel and seamlessly transferring them into Wdesk for presentations without the need for time-consuming manual adjustments.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The ability to keep a record of internal incidents in the company, and also the monitoring of Key Indicators."
"The product’s interface is very intuitive."
"The content, reporting, and workflow features stand out as the most valuable aspects."
"Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."
"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."
"The cross-functionality between connectivity, whether through API connections between different software platforms or the connection of data collection to the actual written ESG report, is highly valuable. The connectivity of all these aspects significantly aids in data assurance, which I consider a bonus."
"The collaboration within the platform is valuable."
"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."
"It makes the compliance process more efficient and more effective."
"It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files."
 

Cons

"IBM OpenPages needs improvement in its UI. Currently, it is difficult to see the relationships (associations/parents) between all items unless you click on the item itself."
"I believe there's room for improvement in establishing connections with external information."
"The solution must allow customization in reporting."
"With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."
"The speed must be improved."
"One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel."
"The most critical issue is the need to shift between uppercase and lowercase."
"Regarding the solution, reporting has certain areas that can be considered for improvement."
"At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities."
"The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandatory or voluntary reporting requirements, leading to lost linkage connections that must be manually reset each time a change is made. This aspect is not functional now, and I see it as an opportunity for improvement."
 

Pricing and Cost Advice

"The solution is not cheap."
"Our clients in Asia think that the solution is too expensive."
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Top Industries

By visitors reading reviews
Financial Services Firm
30%
Computer Software Company
10%
Healthcare Company
8%
Manufacturing Company
5%
Financial Services Firm
19%
Educational Organization
17%
Computer Software Company
7%
Insurance Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What features and capabilities does IBM OpenPages v8.2 have?
Here are the new features and capabilities of IBM OpenPages v8.2: The new task-focused user interface makes finding and completing tasks easier, such as creating and managing risks, incidents, an...
What do you like most about IBM OpenPages?
The product’s interface is very intuitive.
What needs improvement with IBM OpenPages?
IBM can provide expertise in support and implementation rather than third-party SaaS. The pricing could also be improved.
What do you like most about Workiva Wdesk?
The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.
What is your experience regarding pricing and costs for Workiva Wdesk?
Wdesk is affordable and as far as I'm aware, there were no additional costs beyond the standard license increase. We didn't have to make any other changes; it primarily involved accessing the platf...
What needs improvement with Workiva Wdesk?
The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandat...
 

Also Known As

OpenPages
Wdesk
 

Learn More

 

Overview

 

Sample Customers

Nationwide, Process Innovation AG, OSRAM Licht AG, Dep‹sito Central de Valores (DCV), Delta Lloyd Group, Unum
Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple
Find out what your peers are saying about IBM OpenPages vs. Workiva Wdesk and other solutions. Updated: July 2024.
793,295 professionals have used our research since 2012.