Workiva (NYSE:WK) delivers Wdesk, a leading enterprise cloud platform for data collaboration, reporting, and compliance. Over 3,000 organizations use our award-winning solutions to modernize work across the enterprise. Learn more here: https://sm.workiva.com/2pozinY
KPMG Report Finds 90 Percent of CIOs and CCOs Plan to Increase Spending to Automate Compliance
NEW YORK – September 18, 2018 – Workiva, (NYSE:WK), a leader in data collaboration, reporting and compliance solutions, and KPMG LLP, the U.S. audit, tax and advisory firm, today announced an alliance to provide a strategic offering that will help organizations transform and integrate their risk management, regulatory and financial reporting and compliance processes by using the Workiva Wdesk platform.
According to a new KPMG report, Innovating Compliance through Automation, 90 percent of the U.S. chief information officers and chief compliance officers surveyed said they plan to increase spending for compliance automation in the coming years.
“Increased scrutiny from regulatory authorities is stretching organizational resources and the bottom line,” said Greg Bell, Global Cyber Security practice Co-leader at KPMG. “Companies are looking to technology solutions for performance improvements and automation to increase efficiencies in their risk and compliance programs.”
With cloud-based capabilities for automation, synchronized data, controlled collaboration and real-time data monitoring, Wdesk users are able to improve productivity and accountability in their processes for internal controls over financial reporting, risk assessments, regulatory compliance and financial reporting.
KPMG, with its deep functional risk and compliance experience across all industries, helps organizations optimize technology solutions to better manage risk, help achieve process efficiencies and improve internal controls management.
“Pairing our Wdesk platform with KPMG’s technology-risk specialists creates a unified, multidisciplinary solution and team to help customers streamline and automate a wide variety of complex risk, compliance and reporting processes,” said Marty Vanderploeg, CEO of Workiva. “By working together, we will help organizations gain insights, make data-driven decisions and ultimately drive better business outcomes.”
KPMG and Workiva help organizations start, or continue, their process transformation journey to deliver more efficient, effective and integrated risk management and compliance programs. For more information, visit http://www.kpmg.com/us/workiva.
Read full press release here.
IPO Readiness Workshop — Boston
Join us over lunch for an IPO workshop built exclusively for executives at emerging growth companies who want to act public before going public.
Kevin Hachey, Director of Capital Markets at Workiva, hosts a diverse panel of experienced, forward-thinking experts who have led clients and investors through recent high-profile IPOs. Panelists will discuss how to approach common IPO challenges, what to consider given the current state of the market, infrastructure planning and execution advice, lessons learned from past deal experiences, and ‘34 Act compliance guidance.
After this workshop, attendees will be able to:
- Adequately prepare for increased scrutiny post-IPO
- Determine operational details that impact the preparation for the IPO, including pre-deal road shows and other JOBS Act considerations
- Develop plans according to the current regulatory environment and IPO, M&A, liquidity, and finance trends
One CPE credit is offered, compliments of Workiva.
Get the advice you need to implement a 21st century process that will help lead your company down the path toward a successful IPO.
October 25, 2018
11:30 a.m.-1:30 p.m. ET
Mastro’s Ocean Club
25 Fan Pier Blvd.
Boston, MA 02210
AMES, Iowa – August 28, 2018 – Workiva (NYSE:WK), a leader in data collaboration, reporting and compliance solutions, today announces that it has won a 2018 Stratus Award for Cloud Computing by Business Intelligence Group. The Stratus Awards honor companies, products and people that offer unique, cloud-based solutions.
Workiva was recognized as a 2018 Cloud Integrator for its Wdesk platform. Business Intelligence Group defines a cloud integrator as “an organization, product or service that is focused on helping customers take existing processes, applications and business operations into the cloud.”
“Workiva is honored to be recognized by Business Intelligence Group as a leader in cloud software,” said Marty Vanderploeg, CEO of Workiva. “When we first started offering our software in 2010, many organizations were hesitant to place their data in the cloud. But that has all changed. Today, we have over 3,200 customers, including more than 75 percent of the Fortune 500 companies, that trust our Wdesk cloud-based platform.”
“Workiva is clearly ahead of the pack helping to drive practical innovations in the cloud.”
–Maria Jimenez, Chief Nominations Officer of Business Intelligence Group
“The cloud is now part of all of our daily lives, and the staff and volunteer judges are pleased to shed a little light on these innovative services, organizations and executives,” said Jimenez.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry and business award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
Workiva delivers Wdesk, a leading enterprise cloud platform for data collaboration, reporting and compliance that is used by thousands of organizations worldwide, including over 75 percent of the Fortune 500®. Companies of all sizes, state and local governments and educational institutions use Wdesk to help mitigate risk, improve productivity and gain confidence in their data-driven decisions.
Read full press release here.
Boston has regained its longstanding place as the second-largest U.S. startup funding hub.
After years of trailing New York City in total annual venture investment, Massachusetts is taking the lead in 2018. Venture investment in the Boston metro area hit $5.2 billion so far this year, on track to be the highest annual total in years.
The Massachusetts numbers year-to-date are about 15 percent higher than the New York City total. That puts Boston’s biotech-heavy venture haul apparently second only to Silicon Valley among domestic locales thus far this year. And for New England VCs, the latest numbers also confirm already well-ingrained opinions about the superior talents of local entrepreneurs.
“Boston often gets dismissed as a has-been startup city. But the successes are often overlooked and don’t get the same attention as less successful, but more hypey companies in San Francisco,” Blake Bartlett, a partner at Boston-based venture firm OpenView, told Crunchbase News. He points to local success stories like online prescription service PillPack, which Amazon just snapped up for $1 billion, and online auto marketplace CarGurus, which went public in October and is now valued around $4.7 billion.
Meanwhile, fresh capital is piling up in the coffers of local startups with all the intensity of a New England snowstorm. In the chart below, we look at funding totals since 2012, along with reported round counts.
In the interests of rivalry, we are also showing how the Massachusetts startup ecosystem compares to New York over the past five years.