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Diligent One Platform (formerly Highbond) vs Workiva Wdesk comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Diligent One Platform (form...
Ranking in GRC
8th
Average Rating
8.6
Number of Reviews
3
Ranking in other categories
IT Governance (5th), IT Vendor Risk Management (16th)
Workiva Wdesk
Ranking in GRC
6th
Average Rating
7.0
Number of Reviews
7
Ranking in other categories
Business Performance Management (11th), Financial Close Software (2nd)
 

Mindshare comparison

As of October 2024, in the GRC category, the mindshare of Diligent One Platform (formerly Highbond) is 3.6%, down from 5.4% compared to the previous year. The mindshare of Workiva Wdesk is 7.6%, up from 4.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC
 

Featured Reviews

WW
Jan 27, 2023
Good automation and analytics, but is costly
The report model was our main concern. I believe currently the solution uses a third party for the reporting. As part of a consulting firm, one of the challenges we face is the difficulty in producing reports that meet the expectations of our clients and customers. It would be beneficial if the focus could be shifted toward improving the reporting aspect. The impact report is a crucial aspect, as we only have one opportunity to create it. Galvanize HighBond can improve by generating more impact reports post-project, and allowing access to the reports using a web version, which would greatly benefit us. The cost of the solution is expensive and needs improvement.
Phillip Gough - PeerSpot reviewer
Oct 24, 2023
The solution is easy to deploy and enables collaboration, but it must improve its speed and enable users to create pivot tables
The solution is used for financial reporting The collaboration within the platform is valuable. The solution should be able to do pivot tables. I have been using the solution for three years. I am using the latest version of the solution. I rate the tool’s stability a six out of ten. The speed…

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The most valuable feature is automation."
"It makes the compliance process more efficient and more effective."
"The cross-functionality between connectivity, whether through API connections between different software platforms or the connection of data collection to the actual written ESG report, is highly valuable. The connectivity of all these aspects significantly aids in data assurance, which I consider a bonus."
"Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."
"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."
"It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files."
"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."
"The collaboration within the platform is valuable."
 

Cons

"The cost of the solution is expensive and needs improvement."
"At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities."
"The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandatory or voluntary reporting requirements, leading to lost linkage connections that must be manually reset each time a change is made. This aspect is not functional now, and I see it as an opportunity for improvement."
"The speed must be improved."
"One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel."
"The most critical issue is the need to shift between uppercase and lowercase."
"With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."
"Regarding the solution, reporting has certain areas that can be considered for improvement."
 

Pricing and Cost Advice

"I give the cost of the solution a six out of ten."
"Our clients in Asia think that the solution is too expensive."
report
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813,161 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Educational Organization
45%
Financial Services Firm
8%
Government
6%
Computer Software Company
5%
Financial Services Firm
18%
Educational Organization
16%
Insurance Company
7%
Computer Software Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for Galvanize HighBond?
Regarding pricing, we are located in Africa where economic instability prevails and our currency continues to lose value due to inflation. The cost of the solution is high. I give the cost of the s...
What needs improvement with Galvanize HighBond?
The report model was our main concern. I believe currently the solution uses a third party for the reporting. As part of a consulting firm, one of the challenges we face is the difficulty in produc...
What do you like most about Workiva Wdesk?
The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.
What is your experience regarding pricing and costs for Workiva Wdesk?
Wdesk is affordable and as far as I'm aware, there were no additional costs beyond the standard license increase. We didn't have to make any other changes; it primarily involved accessing the platf...
What needs improvement with Workiva Wdesk?
The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandat...
 

Also Known As

Rsam GRC, HighBond, HighBond by Galvanize , Diligent GRC Platform
Wdesk
 

Learn More

 

Overview

 

Sample Customers

CNA Insurance
Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple
Find out what your peers are saying about Diligent One Platform (formerly Highbond) vs. Workiva Wdesk and other solutions. Updated: October 2024.
813,161 professionals have used our research since 2012.