Comparisec
GRC / Risk & ComplianceWorkiva
AdequateStrongStrongStrong
4.4

VendorsGRC / Risk & ComplianceWorkiva

Workiva logo

Workiva

Workiva

Founded 2008·US·Public
4.4

Combined score

G2
4.4890
Gartner
4.4320

Editorial verdict

Workiva occupies a genuinely distinct position in the GRC market, built around connected reporting for public companies rather than general security and privacy compliance. The platform links finance, risk, and compliance teams into a single collaborative workspace for SOX, SEC, and increasingly ESG reporting, with the strongest audit trail and version control capability in this comparison for regulatory filings. The Gartner Magic Quadrant Leader position and the substantial 890 G2 reviews reflect genuine enterprise validation earned over nearly two decades focused specifically on this connected reporting problem.

The honest reality is that Workiva is not competing with Vanta or Drata for SOC 2 automation, and organisations without significant SEC and SOX reporting obligations will find the platform's core value proposition largely irrelevant to their needs. Implementation is enterprise-grade in complexity and cost, with Fortune 500 deployments running into seven figures annually.

The verdict: Workiva is right for large public companies needing connected SOX, SEC, and ESG reporting integrated with broader risk management. Organisations whose GRC need is SOC 2 or ISO 27001 certification should evaluate Vanta, Drata, or Hyperproof instead.

Last reviewed: September 2026

G2

4.4890 reviews

Gartner

4.4320 reviews

PeerSpot

8.160 reviews
Gartner MQ: Leader

GRC / Risk & Compliance assessment

PROTECTIONAdequate
Risk management
4 / 5
Policy lifecycle
2 / 5
OPERATIONSStrong
Audit & evidence workflows
5 / 5
Vendor risk management
4 / 5
ANALYTICSStrong
Compliance dashboards
5 / 5
TRUST & ECOSYSTEMStrong
Framework coverage
4 / 5

Strongest: Audit & evidence workflows

Watch out for: Policy lifecycle

Strengths & limitations

Strengths

The strongest connected reporting capability in this comparison, purpose-built for public companies managing SOX, SEC, and ESG reporting requirements alongside broader GRC
Gartner Magic Quadrant Leader position reflecting genuine enterprise validation and Ability to Execute
Excellent audit trail and version control for regulatory filings, a genuine differentiator for finance and compliance teams working together on the same reporting data

Watch out for

Enterprise-grade implementation complexity with significant professional services investment typically required, and pricing scaling to $300,000 to $1 million plus for Fortune 500 deployments
Positioning is strongest for public companies with SEC and SOX reporting obligations rather than general security and privacy GRC
Overkill for mid-market organisations whose primary need is SOC 2 or ISO 27001 certification rather than connected financial reporting

Best for

Large public companies needing connected SOX, SEC, and ESG reporting integrated with broader enterprise risk and compliance management.

Not suitable for: Mid-market organisations whose primary GRC need is SOC 2 or ISO 27001 certification, or those without significant SEC and SOX reporting obligations.

Compliance coverage

AU Privacy Act
SOC 2
GDPR
ISO 27001
Essential Eight
HIPAA
NIST CSF
PCI-DSS
CMMC
NIS2
DORA
CIS Benchmarks

Switching intelligence

Switching from

Common migration paths based on review data

  • Manual spreadsheet reporting
  • Disparate finance and compliance tools

Also considering

Vendors typically shortlisted alongside

← Back to GRC / Risk & ComplianceCompare with other GRC / Risk & Compliance vendors ➲

Quick facts

Pricing modelPer module, annual, quote-based
Pricing range$50,000 to $200,000/year typical; $300,000 to $1M plus for Fortune 500
Free trialNo
Min seatsNo minimum
Deployment time2-4 months
Complexity4 / 5
Pricing transparency3 / 5
AU presenceYes
IRAP assessedNo
Open sourceProprietary

Deployment

ModelsSaaS
OS support
CloudAWS, Azure
SupportPhone, Email, Dedicated CSM, Professional Services
Data residencyUS, EU, AU

Company

Workiva

Founded 2008 · 1000+ employees · Public

HQ: US

Public company. Consolidated revenue disclosed in SEC filings, product-specific ARR not broken out.

Certifications

SOC 2, ISO 27001

Integrations

NetSuiteSAPOracleMicrosoft 365Salesforce