Made By
WorkivaReleased On
2008-09-22
Workiva is a comprehensive platform that integrates generative AI to enhance financial reporting, audit, risk management, and Environmental, Social, and Governance (ESG) processes. This software streamlines specialized tasks by leveraging AI capabilities to improve efficiency and accuracy in document creation, research, and communication.
Key features:
- Document Creation: Rapidly drafts documents from initial ideas provided by users.
- Text Refinement: Rewrites, summarizes, shortens, or expands existing text for document improvement.
- Research Assistance: Aids in brainstorming, topic research, and anticipating stakeholder questions.
- Data Protection: Encrypts all inputs and responses in transit, ensuring data security without caching beyond the chat session.
- Tailored AI Models: Plans to customize AI models specifically for reporting and assurance tasks.
- Seamless Integration: Built into the Workiva platform, allowing users to access AI capabilities within their workflow.
How it works:
1. Users access the Workiva platform via web app.
2. They interact with the generative AI through the platform's interface.
3. Users can create reports by providing basic ideas, which the AI expands into draft reports.
4. The AI can be used to enhance communication by improving clarity in complex information.
5. Users can leverage the AI for research, idea generation, and preparation for meetings with stakeholders.
Use of AI:
Workiva employs generative AI to automate and enhance reporting and assurance tasks. The AI is designed to be secure and specialized for financial and ESG reporting needs.
AI foundation model:
The specific AI foundation model or Large Language Model (LLM) used by Workiva is not specified. The platform focuses on creating a secure and specialized AI environment tailored to financial and ESG reporting requirements.
Target users:
- Finance teams
- Accounting professionals
- Audit teams
- Risk management specialists
- ESG reporting professionals
How to access:
Workiva is available as a web application, accessible through a web browser. Users can interact with the platform's generative AI features directly within their workflow.
Security measures:
- All data inputs and responses are encrypted in transit.
- User data is not used to train AI models.
- Information is not cached beyond the current chat session.
No hype. No doom. Just actionable resources and strategies to accelerate your success in the age of AI.
AI is moving at lightning speed, but we won’t let you get left behind. Sign up for our newsletter and get notified of the latest AI news, research, tools, and our expert-written prompts & playbooks.
AI is moving at lightning speed, but we won’t let you get left behind. Sign up for our newsletter and get notified of the latest AI news, research, tools, and our expert-written prompts & playbooks.