Workiva Inc. · NYSE:WK
Workiva — Conference Presentation (2016)
15 slides from Workiva's conference presentation, 2016
Slide 1: Wdesk For Your Financial and Management Reporting Process
Wdesk For Your Financial and Management Reporting Process Nancy Miller, CPA - Senior Manager of Strategy and Thought Leadership Justin Weller, Director of Sales The contents of this presentation are confidential. Copyright © 2016 Workiva.
Slide 2: Agenda
Agenda • Overview of reporting expectations, challenges, and solutions in the Office of Finance • Live Wdesk Demo • Q&A
Slide 3: Expectation of Finance
Expectation of Finance • Gatekeepers and standard-setters • Be the brain–provide the right information to keep the business going • Turn data into actionable insight • Storytellers–effective storytelling makes sense of analytical insights to solve business problems
Slide 4: Key Challenges
Key Challenges • 62% of FP&A staff are buried in basic duties with no time for more analytical work1 1"Financial Planning and Analysis: Influencing Corporate Performance with Stellar Processes, People, and Technology." (2015). APQC. Retrieved from https://www.apqc.org/knowledge-base/download/341614/
Slide 5: Key Challenges
Key Challenges • 62% FP&A staff are buried in basic duties with no time for more analytical work1 • Two-thirds of financial professionals spend more than 9 hours a month on non-value added activities2 · Identifying and correcting errors · Manually updating reports · Verifying accuracy · Manually col
Slide 6: Key Challenges
Key Challenges • 62% FP&A staff are buried in basic duties with no time for more analytical work1 • Two-thirds of financial professionals spend more than nine hours a month on non-value added activities2 · Identifying and correcting errors · Manually updating reports · Verifying accuracy · Manually
Slide 7: Solutions for Challenges
Solutions for Challenges The contents of this presentation are confidential. Copyright © 2016 Workiva.
Slide 8: Accuracy Is Job One
Accuracy Is Job One Create a single source of truth via live-linking. • Establish a linked approach to the source data and all its destinations. Eliminate TMMP (too many moving parts). • If the source changes, all associated data points change with it. Connect your constant changes. Create and updat
Slide 9: Eliminate Your Downtime Due to Manual Updates
Eliminate Your Downtime Due to Manual Updates Automate the process through live-linking. • Live-linking will means that any given data points are automatically updated when the source changes. The most up-to-date data will always be reflected. • Changes are precise and accurate. • Numbers change con
Slide 10: Worry About the Future, Not the Past
Worry About the Future, Not the Past • Use one active document that allows geographically distributed teams to work together while building a cohesive story for management, stakeholders, and the board to easily approve. Tracking down versions is history! • Create an auditable process that provides v
Slide 11: Start with an Ecosystem of Trust and Collaboration
Start with an Ecosystem of Trust and Collaboration Make collaboration an everyday activity, and build trust. • Provide an environment where you can leverage your certified and trusted source information, and have it publish to narrative reports, dashboards, workbooks, and presentations. • Have one a
Slide 12: Wdesk: Focus on What Matters
Wdesk: Focus on What Matters • Better strategic decisions • Quicker arrival of new products or services to the market • Increased innovation pipeline • Better insight into the business • Better insight into competition • Real-time change for existing products, services, offers • Ability to identify
Slide 13: Demonstration
Demonstration The contents of this presentation are confidential. Copyright © 2016 Workiva.
Slide 14: Questions?
Questions? The contents of this presentation are confidential. Copyright © 2016 Workiva.
Slide 15: Contact Us:
Contact Us: For more information or to schedule a demo: • P:888.275.3125 • webinars@workiva.com • www.workiva.com The contents of this presentation are confidential. Copyright © 2016 Workiva.