Workiva
(NYSE:WK), the leading cloud provider of connected data, financial
reporting and compliance solutions, today announces new offices in Frankfurt,
Germany and Paris,
France.
“Opening offices in Germany and France shows our commitment to helping
our customers in those countries with their specific reporting
challenges, whether it’s to local jurisdictions or global regulators,”
said Marty
Vanderploeg, Chief Executive Officer of Workiva. “We help organizations
all over the world connect and tag their data in a single, cloud
environment to improve accuracy and reduce risk.”
Workiva – the global leader in connected
reporting, XBRL
and Inline
XBRL and one of the first companies to be certified by XBRL
International – has been on the forefront of helping Foreign Private
Issuers use XBRL tags in their U.S. Securities and Exchange Commission
(SEC) filings.
European companies are now adopting Wdesk to comply with the European
Securities and Markets Authority’s mandate
for Inline XBRL for its European Single Electronic Format (ESEF)
taxonomy. More than 5,000 EU issuers will be required to use this
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 and painful process for
reporting information to government agencies to comply with each
jurisdiction’s local GAAP requirements.
“Wdesk is the only cloud platform that provides data accuracy and
transparency throughout the entire reporting process — from ERP
transactional data to final reports,” said Vanderploeg. “Our Wdesk
platform will continue to be a driving force in transforming financial
reporting throughout
the world.”
The Workiva Frankfurt office is located at 8 Taunusanlage and the
Workiva Paris office is located at 277, Rue Saint-Honoré. Workiva also
has offices
in Amsterdam and London, as well as in 12 U.S. cities and two Canadian
cities.
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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