We performed a comparison between OneStream XF and Workiva Wdesk based on real PeerSpot user reviews.
Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."The product's most valuable feature is extensibility."
"It offers great ease of use. This impacts not only the end-user experience but also the administrator's, which affects the total cost of ownership."
"We were with Oracle previously. With Oracle, you have to buy a different piece of software for every business process. If you want to do budgeting, that's a product. If you want to do consolidation, that's a product. If you want to do BI type of work, that's yet another product. So, you end up buying a lot of software from Oracle. With OneStream, it is a little different. It is a platform where you can do all those things, and you can do them with just one software purchase and then you just pay for users on it."
"The collaboration within the platform is valuable."
"It makes the compliance process more efficient and more effective."
"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 most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."
"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."
"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."
"AI is where I see the most innovation and progress, but it's not fully developed yet."
"We should be able to download the data in the same format we upload it."
"Currently, they only support one browser, and it would be good if you could use it on Chrome, Firefox, etc. It is a little frustrating that you can only use a certain Microsoft browser. They're pretty tightly aligned with Microsoft. So, I can see the reasons for it."
"Regarding the solution, reporting has certain areas that can be considered for improvement."
"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."
"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 speed must be improved."
"The most critical issue is the need to shift between uppercase and lowercase."
"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."
OneStream XF is ranked 8th in Business Performance Management with 3 reviews while Workiva Wdesk is ranked 12th in Business Performance Management with 6 reviews. OneStream XF is rated 10.0, while Workiva Wdesk is rated 7.0. The top reviewer of OneStream XF writes "Easy-to-setup product with efficient data integration". On the other hand, the top reviewer of Workiva Wdesk writes "A user-friendly tool useful for data consolidation and automating the reporting schedules". OneStream XF is most compared with Oracle HFM, Oracle Hyperion, Anaplan, IBM Planning Analytics and BlackLine, whereas Workiva Wdesk is most compared with AuditBoard, Oracle Hyperion, RSA Archer, OneTrust GRC and LucaNet. See our OneStream XF vs. Workiva Wdesk report.
See our list of best Business Performance Management vendors and best Financial Close Software vendors.
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