Workiva IT Risk & Compliance

Name: Workiva IT Risk & Compliance
Brand: Workiva
Rating: 4.5 (2568 reviews)

Workiva IT Risk & Compliance is a GRC solution that provides linked data and collaborative reporting to centralize risk and control libraries, collect and manage audit evidence, and maintain traceability between reports and underlying data.

Est 2008|Valuation $4B|Raised $154M

LinkedIn 143K|Website|Web traffic 114K|FTEs 2,887|HQ Ames, IA

MarketsCyber Risk Management Statutory & Regulatory Reporting Internal Controls & Audit Management

01Competitive Landscape

Narrative analysis

Workiva vs AuditBoard - Practitioner threads compare these solutions in internal audit and SOX contexts. Some users report that AuditBoard can be faster for specific audit workflows, while others note Workiva offers stronger reporting/linkage capabilities. Pricing and total cost comparisons vary by deployment size and negotiated terms. Workiva vs ServiceNow IRM - Organizations that already use ServiceNow may prefer IRM to consolidate workflows and reduce platform sprawl. ServiceNow can be advantageous for workflow-centric IT organizations but may add licensing and implementation complexity. - Workiva may be preferred by compliance and reporting teams focused on linked reporting outputs, while ServiceNow can be favored where day-to-day risk operations and integrations with ITSM/CMDB are primary requirements.

Market presence / adoption indicators

Review platform placements and vendor listings indicate Workiva is commonly featured in GRC tool comparisons and receives notable placement in market reports. These placements should be cross-validated with independent market research and procurement references.

	Workiva IT Risk & Compliance	AuditBoard	ServiceNow IRM (Integrated Risk Management)
Starting Price	Not publicly listed (quote-based)	Not publicly listed (quote-based)	Not publicly listed (quote-based)
Primary Use Case	Reporting-centric compliance, linked data, and multi-stakeholder collaboration	Audit/SOX-focused workflows and practitioner-oriented GRC features	Enterprise workflow-driven risk and compliance, particularly where ServiceNow is already in use
Key Strength	Linked data and traceability; reporting outputs and consolidation of evidence	Purpose-built audit and SOX workflow capabilities	Enterprise workflow engine and broad integration ecosystem (for ServiceNow customers)
Key Weakness	Learning curve; UX friction and reported performance concerns at scale	Implementation effort and cost considerations for some buyers	Licensing complexity and potentially high total cost for smaller programs

01Competitive Landscape

Narrative analysis

Workiva vs AuditBoard

Practitioner threads compare these solutions in internal audit and SOX contexts. Some users report that AuditBoard can be faster for specific audit workflows, while others note Workiva offers stronger reporting/linkage capabilities. Pricing and total cost comparisons vary by deployment size and negotiated terms.

Workiva vs ServiceNow IRM

Organizations that already use ServiceNow may prefer IRM to consolidate workflows and reduce platform sprawl. ServiceNow can be advantageous for workflow-centric IT organizations but may add licensing and implementation complexity.
Workiva may be preferred by compliance and reporting teams focused on linked reporting outputs, while ServiceNow can be favored where day-to-day risk operations and integrations with ITSM/CMDB are primary requirements.

Market presence / adoption indicators

Review platform placements and vendor listings indicate Workiva is commonly featured in GRC tool comparisons and receives notable placement in market reports. These placements should be cross-validated with independent market research and procurement references.

	Workiva IT Risk & Compliance	AuditBoard	ServiceNow IRM (Integrated Risk Management)
Starting Price	Not publicly listed (quote-based)	Not publicly listed (quote-based)	Not publicly listed (quote-based)
Primary Use Case	Reporting-centric compliance, linked data, and multi-stakeholder collaboration	Audit/SOX-focused workflows and practitioner-oriented GRC features	Enterprise workflow-driven risk and compliance, particularly where ServiceNow is already in use
Key Strength	Linked data and traceability; reporting outputs and consolidation of evidence	Purpose-built audit and SOX workflow capabilities	Enterprise workflow engine and broad integration ecosystem (for ServiceNow customers)
Key Weakness	Learning curve; UX friction and reported performance concerns at scale	Implementation effort and cost considerations for some buyers	Licensing complexity and potentially high total cost for smaller programs