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RiskOptics ROAR Platform vs Workiva Wdesk comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

RiskOptics ROAR Platform
Ranking in GRC
12th
Average Rating
9.0
Number of Reviews
1
Ranking in other categories
Continuous Controls Monitoring (6th)
Workiva Wdesk
Ranking in GRC
5th
Average Rating
7.0
Number of Reviews
7
Ranking in other categories
Business Performance Management (11th), Financial Close Software (2nd)
 

Mindshare comparison

As of November 2024, in the GRC category, the mindshare of RiskOptics ROAR Platform is 0.7%, down from 1.5% compared to the previous year. The mindshare of Workiva Wdesk is 7.8%, up from 4.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC
 

Featured Reviews

Ankita Sabale - PeerSpot reviewer
Apr 30, 2024
Acts as a software inventory of applications in an environment
RiskOptics ROAR Platform is a software inventory of applications in our environment or applications we have integrated with third-party vendors. The solution has all the information about the application, such as whether it is classified and what type of information it has. The solution also has…
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

"We can get all the information about all the applications in a single platform."
"The collaboration within the platform is valuable."
"It makes the compliance process more efficient and more effective."
"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 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."
 

Cons

"After you change and save the pre-filled specific information at the end of an application page, the application will again take you to the top of the page."
"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 speed must be improved."
"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 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."
"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."
"Regarding the solution, reporting has certain areas that can be considered for improvement."
 

Pricing and Cost Advice

Information not available
"Our clients in Asia think that the solution is too expensive."
report
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Top Industries

By visitors reading reviews
No data available
Financial Services Firm
18%
Educational Organization
16%
Computer Software Company
8%
Insurance Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What do you like most about RiskOptics ROAR Platform?
We can get all the information about all the applications in a single platform.
What needs improvement with RiskOptics ROAR Platform?
I face some difficulty while upgrading any field in the application. Suppose I change an application's IT owner field, which is at the end of the application. After I save the change, it takes me t...
What is your primary use case for RiskOptics ROAR Platform?
RiskOptics ROAR Platform is a software inventory of applications in our environment or applications we have integrated with third-party vendors. The solution has all the information about the appli...
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...
 

Comparisons

No data available
 

Also Known As

ZenGRC
Wdesk
 

Learn More

Video not available
 

Overview

 

Sample Customers

Walmart, Airbnb, Peak 10, State of Colorado, salesforce.com, GitHub, Alaska Airlines, Montgomery College
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