Deloitte and Workiva alliance

Reduce financial reporting manual processes to increase collaboration and gain valuable time.

Data is connected across the platform; when any changes occur, the information is automatically updated across the organization.

Certifications, documentation and evidence are fully available, with approvals visible on a real-time dashboard. Everyone can access the latest version of the documentation.

Improve global transparency and controls by building statutory reporting requirements on the Workiva platform. Deloitte can create entity-specific templates, redesign statutory reporting processes, provide local guidance support, and set up multi-ERP connectivity through Wdata.

Improve the ESG reporting collection and collaboration process with Workiva. Deloitte can redesign ESG reports, enhance internal and external data collection, increase connectivity through Wdata, set up reports, and refine the end-state presentation design.

Improve control and centralization while linking with other areas of the Workiva platform. We can redesign and rationalize controls; configure SOX controls, audit analytics and management, Enterprise Risk Management (ERM) and IT compliance in Workiva; and support outsourced internal audit (IA) tests.

Align management reporting in a centralized Workiva platform to improve data quality, report output and collaboration. This can include flash reports, key performance indicator (KPI) reports, board reports and business unit reports, among others. Deloitte can support management report development, rationalization and configuration in Workiva, as well as other related controls.

Benefit from using Workiva for SEC and other financial reports, including statements of cash flows, and leverage Workiva to fulfill eXtensible Business Reporting Language (XBRL) tagging requirements. Deloitte can support the initial design, setup and post-go-live requirements.

Private organizations preparing for an initial public offer (IPO) or special purpose acquisition company (SPAC) can benefit from setting up initial financial statements and disclosures in Workiva to prepare for this change. Deloitte can support initial statement set up and design in Workiva as well as an outsourced reporting preparation.

Improve insurance processes with Workiva. Deloitte can provide process design and Workiva setup services, and regulatory guidance around a variety of insurance reports in the Workiva platform, including insurance statutory reporting, IFRS 17, and more.

Many organizations require custom reports that may not currently exist on the Workiva platform. Collaborating with Deloitte helps organizations design requirements and build custom reports based on their unique needs.