Workiva Launches Agentic AI Platform to Streamline Sustainability, Finance, and GRC Reporting
Workiva’s new agentic AI platform streamlines finance, GRC, and sustainability reporting by accelerating workflows and extracting insights. It supports benchmarking, disclosure analysis, and compliance with ISSB and ESRS standards.
Workiva Introduces Agentic AI Platform to Streamline Finance, GRC, and Sustainability Reporting
Workiva has launched Intelligent Finance, GRC, and Sustainability, adding agentic AI capabilities to its Intelligent platform. This new development aims to help finance, governance, risk, and compliance (GRC), and sustainability teams accelerate complex workflows while extracting actionable insights from large datasets.
Agentic AI Embedded in Workiva AI
The announcement also introduced Workiva AI, an agentic AI platform integrated directly into its solutions. For sustainability teams, this means enhanced support in managing intricate reporting requirements. The platform supports key activities such as materiality assessments, peer benchmarking, and drafting disclosures aligned with standards like ISSB and ESRS.
Benchmarking and Disclosure Analysis
A standout feature is the ability to benchmark and analyze sustainability reports from peer companies. Users can explore competitors’ sustainability goals and drill into specific initiatives, enabling a clearer view of industry positioning.
- ISSB Disclosure Creator: Generates language referencing specific ISSB standards for sustainability and financial reports.
- ESRS Compliance Tools: Analyze disclosures to measure impacts, risks, and opportunities while assessing reports for accuracy, coherence, consistency, and completeness.
These features aim to simplify the preparation and review of sustainability and financial disclosures, ensuring alignment with evolving regulatory expectations.
Supporting CFOs with Specialized Technology
David Haila, Workiva's Chief Technology Officer, emphasized the increasing responsibilities of CFOs. He noted that their work demands technology that is specialized, secure, and trustworthy for high-stakes decision-making. Workiva’s agentic AI, combined with connected data and robust controls, is designed to meet this need.
Finance professionals looking to improve efficiency and accuracy in reporting may find value in exploring AI-driven platforms like Workiva's. For a broader understanding of AI applications in finance, consider exploring resources and courses available at Complete AI Training.
