Workiva
|Visit workiva.com
How much does Workiva cost?
Median buyer pays
$63,672
Based on data from 87 purchases, with buyers saving 11% on average.per year
Median: $63,672
$36,793$187,248
LowHigh
About Workiva
Workiva Overview
Workiva is a cloud platform that unifies financial reporting, compliance, risk, and ESG processes with connected data, workflow automation, and audit trails.
Compare prices for similar companies
| Supplier | Workiva | AuditBoard |
|---|---|---|
| Median Contract Value | $63,672 | $50,000 |
| Avg Savings | 11.44% | 16.33% |
Vendr community insights for Workiva
Company with 201-1000 employeesThis year
"We were able to leverage a longer term agreement and our budget restraints as we are going through a funding round to get a discount. "Company with 201-1000 employeesThis year
"On a new purchase evaluation, Workiva came down by 15% when competition was prescribed"Company with 201-1000 employeesThis year
"Bringing up BlackLine as a top competitor will push Workiva reps to get aggressive with pricing on new purchases"Company with 201-1000 employeesThis year
"Workiva will discount on multi-year agreements, leveraging 3-year terms for higher discounting"Company with 201-1000 employeesA while ago
"We were able to push for an improved discount by citing competitive pricing from AuditBoard, showcasing loyalty and expanding usage, and negotiating for additional training sessions and integrations as part of the renewal agreement"Company with 201-1000 employeesA while ago
"Workiva agreed to reduce our renewal uplift from 5% to 2% and to lock our price in for the duration of our 36 month contract."Company with 201-1000 employeesA while ago
"Workiva typically push for a 3 year term from the start advising that they only discount on longer terms, with 1 year being list pricing. When mentioning alternatives and existing tools that we were using, they became more flexible and were willing to work on pricing for a shorter term. "Company with 201-1000 employeesA while ago
"XBRL SKU must begin at the beginning of a quarter. They cannot change the dates and will not co-term an agreement "Company with 201-1000 employeesA while ago
"4% renewal uplift cap achieved for 2 years following a 3-year agreement -- standard uplift is 10-15%"Company with 201-1000 employeesA while ago
"We were able to get better payment terms upon renewal "Company with 201-1000 employeesA while ago
"Supplier would only provide 2% savings for prepaying for 3 year term even though we have experienced 15% prepayment discounts with this supplier previously"Company with 201-1000 employeesA while ago
"Pushed back on original 3 year proposal with 5% annual uplift, and settled on a 24 month term with flat uplift in year one and 4% in year 2. "Company with 201-1000 employeesA while ago
"Was able to secure credit for early renewal and secure a discounted rate on 24 month proposal "Company with 201-1000 employeesA while ago
"Our 36 month Workiva contract was up for renewal for the SEC reporting product. Our prior term had 4% uplifts each year. Workiva offered a 12 month renewal with a 7% uplift, or another 36 month renewal with 4% uplifts each year of the term (8% increase over the 3 year term). We were able to negotiate the uplifts down on the 3-year option to 4% year 1, then flat/no uplift for years 2 & 3. They also would have accepted 2% uplifts each year, for the same total contract value. Because this is an SEC product, they can't remove auto renew; the notice window is 30 days prior to renewal."Company with 201-1000 employeesA while ago
"Workiva originally proposed a 1 Year agreement for roughly $50,000 with an 8% Yearly Uplift. We leveraged budget and the new partnership and secured a ~17% discount on a 3 year agreement with flat pricing for all three years and a 3% uplift cap for the first year of renewal. Workiva said they were not able to service a 24 month agreement."Company with 201-1000 employeesA while ago
"By leveraging competition, budget, and multi-year, we were able to secure closer to a 30% discount. This did require a 3 year agreement in return. "About Vendr
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