Platform Integration Will Help Customers Improve Corporate Performance Management and Financial Reporting
Workiva (NYSE:WK), a leading provider of solutions for enterprise productivity, and Host Analytics, the leading provider of scalable, cloud-based enterprise performance management (EPM) solutions, jointly announce today a partnership to help companies streamline corporate performance management and financial reporting. The partnership was announced at Host Analytics World 2017, a premier cloud enterprise performance management (EPM) event.
Workiva has integrated its Wdesk platform with the Host Analytics EPM platform to offer a comprehensive solution for modernizing critical finance and accounting functions, including budgeting and planning, enterprise consolidations and financial reporting. Data is integrated and flows directly between the platforms.
“Our partnership with Host Analytics creates a full end-to-end solution for completing the last mile of finance, from company performance consolidation to reporting to disclosures,” said Matt Rizai, Chairman and CEO of Workiva. “Our data integration will help users gain even more efficiencies in their corporate performance management and regulatory reporting processes.”
After a user integrates their Host Analytics data in the Wdesk platform, he or she will be able to benefit from the full capabilities of Wdesk, including synchronized data, controlled collaboration, granular permissions and a full audit trail. Workiva customers also now have access to the full breadth and power of the Host Analytics enterprise performance platform, allowing them to further integrate data from disparate sources, consolidate results from multiple accounting systems and automate key processes.
“Workiva is a pioneer in the market and a natural partner for Host Analytics,” said Dave Kellogg, CEO of Host Analytics. “Together our solutions create an integrated, simple, yet powerful solution in performance management reporting that cuts the time, effort and costs of regulatory reporting for both of our customers. Every step we take to reduce time and costs for customers is a win for us and them.”
The integration is available today, and customers are already achieving success with the joint solution.