OneStream XF vs Workiva Wdesk comparison

OneStream and Workiva are both solutions in the Business Performance Management category. OneStream is ranked #9 with an average rating of 10.0, while Workiva is ranked #12 with an average rating of 6.8. OneStream holds a 4.6% mindshare in BPM, compared to Workiva’s 3.3% mindshare. Additionally, 100% of OneStream users are willing to recommend the solution, compared to 71% of Workiva users who would recommend it.

OneStream XF

Read 3 OneStream XF reviews

1,067 Views
702 Comparison Views

100% willing to recommend

Workiva Wdesk

Read 7 Workiva Wdesk reviews

531 Views
317 Comparison Views

71% willing to recommend

OneStream XF

Workiva Wdesk

Comparison Buyer's Guide

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Executive SummaryUpdated on Dec 19, 2024

Workiva Wdesk and OneStream XF are competing in the enterprise solution market. OneStream XF appears to have the upper hand due to its advanced features and customer investment in integration and analytics.

Features: Workiva Wdesk offers intuitive document management, integrated compliance solutions, and real-time collaboration, making it ideal for agile reporting needs. OneStream XF is focused on comprehensive financial consolidation, performance management, and analytics, providing a strong solution for financial management.

Ease of Deployment and Customer Service: Workiva Wdesk provides seamless cloud-based deployment and excellent customer service, enabling rapid project initiation. OneStream XF, though requiring a more complex setup due to its powerful functionalities, offers dedicated support for implementation and comprehensive integration.

Pricing and ROI: Workiva Wdesk features a straightforward pricing model with lower initial costs and quicker ROI due to its cloud-native implementation. OneStream XF requires higher upfront investment but offers significant long-term ROI with its extensive financial management capabilities.

To learn more, read our detailed OneStream XF vs. Workiva Wdesk Report (Updated: April 2025).

Buyer's Guide

OneStream XF vs. Workiva Wdesk

April 2025

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Review summaries and opinions

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

Categories and Ranking

OneStream XF

Ranking in Business Performance Management

9th

Ranking in Financial Close Software

6th

Average Rating

10.0

Reviews Sentiment

6.8

Number of Reviews

Ranking in other categories

No ranking in other categories

Workiva Wdesk

Ranking in Business Performance Management

12th

Ranking in Financial Close Software

2nd

Average Rating

7.0

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

GRC (4th)

Mindshare comparison

As of April 2025, in the Business Performance Management category, the mindshare of OneStream XF is 4.6%, down from 5.7% compared to the previous year. The mindshare of Workiva Wdesk is 3.3%, up from 1.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Featured Reviews

AndyJorgensen

Chief Revenue Officer at a computer software company with 51-200 employees

Combines consolidations, planning, and forecasting into a single platform, eliminating the need for multiple products and streamlining data management

There's always stuff on the drawing board, and there's an arms race going on in the AI space. It's too soon to pick a winner between OneStream and Oracle. OneStream's smaller, so maybe they're more nimble, but Oracle has more resources. AI is where I see the most innovation and progress, but it's not fully developed yet. The other thing is that there are probably little things in the UI and overall processes that could be made easier to use. But there's nothing so consequential that it ruins your experience. It's more about tweaking and streamlining certain processes within the system.

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Phillip Gough

Partner, Financial Services at Deloitte TT

The solution is easy to deploy and enables collaboration, but it must improve its speed and enable users to create pivot tables

I rate the ease of setup an eight out of ten. The initial setup was straightforward. The solution is cloud-based. We deployed the product along with Wdata in six months. It was for a lot of use cases. To deploy the tool, we designed the use cases and developed them. Then, we went through unit tests, integration tests, and user acceptance tests. It was an Agile delivery cycle.

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Quotes from Members

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

Pros

"The product's most valuable feature is extensibility."

"It offers great ease of use. This impacts not only the end-user experience but also the administrator's, which affects the total cost of ownership."

"We were with Oracle previously. With Oracle, you have to buy a different piece of software for every business process. If you want to do budgeting, that's a product. If you want to do consolidation, that's a product. If you want to do BI type of work, that's yet another product. So, you end up buying a lot of software from Oracle. With OneStream, it is a little different. It is a platform where you can do all those things, and you can do them with just one software purchase and then you just pay for users on it."

"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."

"The collaboration within the platform is valuable."

"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."

"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."

"It makes the compliance process more efficient and more effective."

"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."

Cons

"We should be able to download the data in the same format we upload it."

"AI is where I see the most innovation and progress, but it's not fully developed yet."

"Currently, they only support one browser, and it would be good if you could use it on Chrome, Firefox, etc. It is a little frustrating that you can only use a certain Microsoft browser. They're pretty tightly aligned with Microsoft. So, I can see the reasons for it."

"The speed must be improved."

"The most critical issue is the need to shift between uppercase and lowercase."

"Regarding the solution, reporting has certain areas that can be considered for 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."

"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."

"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."

"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."

Pricing and Cost Advice

"The product has a license by the user. They're on par with other competitors."

"They price it by the user. Before discounting, it is 2,500 or something like that."

"The licensing is expensive."

"Our clients in Asia think that the solution is too expensive."

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Top Industries

By visitors reading reviews

Educational Organization

16%

Manufacturing Company

10%

Computer Software Company

10%

Financial Services Firm

19%

Educational Organization

13%

Computer Software Company

Insurance Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

Seeking lightweight open source BI software

I advise you to try OneStream. This is a very good platform focused on reporting, consolidation and budgeting & forecasting.

See all answers

What do you like most about OneStream XF?

It offers great ease of use. This impacts not only the end-user experience but also the administrator's, which affects the total cost of ownership.

See all answers

What is your experience regarding pricing and costs for OneStream XF?

The product has a license by the user. They're on par with other competitors. One thing to consider is their relationship with Microsoft. They often push customers towards Azure, and Azure can get ...

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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.

See all answers

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...

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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...

See all answers

Comparisons

Anaplan vs OneStream XF

Compared 23% of the time

Oracle HFM vs OneStream XF

Compared 16% of the time

BlackLine vs OneStream XF

Compared 12% of the time

CCH Tagetik vs OneStream XF

Compared 10% of the time

IBM Planning Analytics vs OneStream XF

Compared 8% of the time

More OneStream XF Competitors

AuditBoard vs Workiva Wdesk

Compared 30% of the time

CCH Tagetik vs Workiva Wdesk

Compared 10% of the time

RSA Archer vs Workiva Wdesk

Compared 8% of the time

Oracle Enterprise Performance Management Cloud vs Workiva Wdesk

Compared 7% of the time

OneTrust GRC vs Workiva Wdesk

Compared 7% of the time

More Workiva Wdesk Competitors

Product Reports

Buyer's Guide

Business Performance Management

March 2025

Download OneStream XF product report

Buyer's Guide

Workiva Wdesk

March 2025

Download Workiva Wdesk product report

Also Known As

No data available

Wdesk

Overview

Financial Close, Consolidation and Reporting
Automate the financial close; reduce time waiting for data loads and refreshing of reports throughout the month. Access accurate and secure financial and operational information from any data source.

OneStream

Wdesk is used across the enterprise to support hundreds of data collaboration, reporting, and compliance processes. Use Wdesk to:

Optimize your structured and composite reports
Improve trust in your data, reports, and presentations
Transform processes to enable insight

Workiva

Sample Customers

Fruit of the loom, Melrose, AAA, Valeo Foods

Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple

Buyer's Guide

OneStream XF vs. Workiva Wdesk

April 2025

Free Report: OneStream XF vs. Workiva Wdesk

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We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.