Workiva
(NYSE:WK), the leading cloud provider of connected data, reporting and
compliance solutions, was named the Best-In-Class
Cloud Service Provider by the UK Cloud Awards 2019 at a ceremony
here last night.
Now in its sixth year, the UK
Cloud Awards recognise innovation and excellence in the cloud
industry by showcasing leading companies, customers and individuals in
the United Kingdom.
Workiva was recognised for its Wdesk
platform that helps organisations consolidate, connect and tag their
data in a single, cloud environment so they are able to reduce risk and
save time when filing reports with various regulators and other
stakeholders.
Workiva, the global leader in XBRL
and Inline
XBRL, is also streamlining how customers comply with the European
Securities and Markets Authority’s mandate for Inline
XBRL for European Single Electronic Format (ESEF) reporting. More
than 5,000 EU issuers will be required to use ESEF taxonomy for their
annual financial reports, ending on or after January 1, 2020.
Multinational companies are also using Wdesk to improve efficiency and
transparency in global
statutory reporting, which is a complex process for reporting
information to government agencies in compliance with each
jurisdiction’s local GAAP requirements.
“We are honored to be recognised by the UK Cloud Awards,” said Marty
Vanderploeg, CEO of Workiva. “Wdesk is the only cloud platform that
provides data assurance throughout the entire reporting process — from
ERP transactional data to final reports. We will continue to be a
driving force in transforming financial reporting throughout the world.”
Workiva also recently won a DevOps
Excellence Award by Computing in London.
A full list of the UK Cloud Awards 2019 can be found here.
About Workiva
Workiva, the leading cloud provider of connected data, reporting and
compliance solutions, is used by thousands of enterprises across 180
countries, including more than 75 percent of Fortune 500®
companies, and by government agencies. Our customers have linked over
five billion data elements to trust their data, reduce risk and save
time. For more information about Workiva (NYSE:WK), please visit workiva.com.
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