Workiva Inc. Class A Common Stock (WK)

Competitors to Workiva Inc. Class A Common Stock (WK)

Microsoft Corporation 

Microsoft has increasingly expanded its offerings in the realm of cloud services, data compliance, and analytical tools through platforms like Azure and Power BI. Workiva competes with Microsoft by offering specialized reporting and compliance features that integrate seamlessly with existing corporate workflows. However, Microsoft’s vast ecosystem and resources give it a significant advantage in harnessing a broader array of tools that can meet various business needs beyond just compliance. Workiva's specific focus allows it to cater to targeted requirements, but Microsoft's overall scale and versatility position it as a stronger player in the software landscape.

Oracle Corporation 

Oracle Corporation offers a wide range of enterprise software solutions, including cloud applications that cover finance management and compliance reporting similar to Workiva. They have a strong reputation in database management and business analytics, which allows them to provide integrated solutions that appeal to large enterprises looking for comprehensive insights and dashboards. While Workiva focuses on regulatory compliance and reporting, Oracle's extensive capabilities in database technology give it an edge in larger, more complex organizations that need scalable solutions.

Qlik Technologies

Qlik Technologies provides data integration and business intelligence software that enables users to analyze and visualize data for better decision-making. They compete with Workiva by offering extensive analytics capabilities that can complement compliance and reporting functions. Qlik's strength lies in its interactive visual analytics and associative data modeling, which cater to large amounts of data from various sources. Workiva's advantage is its focused approach to compliance and regulatory reporting, allowing it to serve a niche audience effectively, while Qlik's broader functionality provides it with an edge in data-driven organizations seeking overall business intelligence solutions.

SAP SE 

SAP SE is a leader in providing enterprise resource planning (ERP) software, including applications that streamline financial reporting and regulatory compliance. Their broad functionality and deep integration capabilities allow organizations to manage complex business operations in one suite. Workiva competes by offering a specialized focus on reporting and compliance, utilizing its cloud-based platform designed to simplify the reporting process. While SAP can dominate large-scale ERP deployments, Workiva’s niche focus allows it to excel in its core area of regulatory filings.

Tableau Software

Tableau Software, a leading data visualization platform, competes with Workiva by providing business intelligence tools that help organizations understand data through interactive dashboards and reporting capabilities. While Workiva specializes in compliance reporting, Tableau focuses primarily on data analysis and visualization, which are critical elements for decision-making in enterprises. In sectors where insights and analytics are prioritized alongside reporting, Tableau has a competitive advantage, although Workiva's compliance features make it more appealing for organizations specifically focused on regulatory challenges.