Workiva Launches New Focused Solution for ESEF Compliance
Workiva (NYSE:WK), provider of the world’s leading connected reporting and compliance platform, today launched “W for ESEF ,” a focused solution to help European companies simplify compliance with the European Securities and Markets Authority (ESMA) requirements for European Single Electronic Format (ESEF) reporting.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200408005062/en/
W for ESEF – which is available in 23 European languages – offers a distinct subset of functionality for companies that want a targeted ESEF solution. Companies are able to build reports, tag data, manage processes with full transparency and generate their final submission package – all within the W for ESEF solution.
W for ESEF customers are able to upgrade to the full, end-to-end Workiva platform at any time.
W for ESEF Solution – Key Benefits
The W for ESEF solution, supported by Workiva’s 24/7 customer support team, is transforming how companies report under ESMA regulations. Here are key benefits:
Virtual Collaboration in the Cloud:
- Cloud-based solution and support teams are continuously available
- Customers can access their data and keep working in real time with their teams from anywhere at any time in a single, secure environment
Simplified, Integrated System of Work:
- Single, up-to-date version eliminates need to synchronize multiple documents
- One source of the truth auto-generates trusted data for filings
- Document management is integrated with the Inline XBRL process
- Audit trail and oversight functionality ensure data quality from start to finish
- Controlled access to reporting sections increases transparency and streamlines audit processes
- Ability to make changes in the document right before the filing deadline reduces organizational stress
- Trusted by 75 percent of Fortune 500 companies
- SOC 1 Type 2/ISAE 3402 Type 2 Report and SOC 2 Report, TRUSTe Privacy Shield Verification for GDPR Compliance and AES-128 and AES-256 data encryption
- Customer data stored in secure servers in Europe
Workiva Inline XBRL Experts Support ESMA Mandate
ESMA requires public European companies to tag data with Inline XBRL in the ESEF taxonomy. Inline XBRL enables a standardized, machine-readable format to support digital analysis and improve data transparency.
Workiva is a global leader in Inline XBRL and is certified by XBRL International. Workiva has a widely distributed team of Inline XBRL experts with ESEF taxonomy experience available with 24/7 support.
W for ESEF is available today. For more information, visit www.w-esef.com .
Workiva, provider of the world’s leading connected reporting and compliance platform, is used by thousands of enterprises across 180 countries, including 75 percent of Fortune 500® companies, and by government agencies. Workiva customers have linked over five billion data elements to trust their data, reduce risk and save time. For more information about Workiva (NYSE:WK), please visit workiva.com .
More Information on W for ESEF: www.w-esef.com
Request a Workiva demo: www.w-esef.com/request-demo
Read the Workiva blog: www.workiva.com/blog
Follow Workiva on LinkedIn: www.linkedin.com/company/workiva
Like Workiva on Facebook: www.facebook.com/workiva/
Follow Workiva on Twitter: www.twitter.com/Workiva
FORTUNE® and FORTUNE 500® are registered trademarks of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Workiva Inc. Note: Claim not confirmed by FORTUNE® or Fortune Media IP Limited.
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
CO-NEWMONT1.6.2020 15:02:10 CEST | Press release
Newmont Publishes 2019 Sustainability Report
CO-THE-WESTERN-UNION1.6.2020 15:02:09 CEST | Press release
New Western Union research provides insight into the future of international education
MA-ABIOMED1.6.2020 13:02:17 CEST | Press release
FDA Issues Emergency Use Authorization for Impella RP as Therapy for COVID-19 Patients with Right Heart Failure
VIVET-THERAPEUTICS1.6.2020 13:02:07 CEST | Press release
Vivet’s Second Gene Therapy Product, VTX-803 for PFIC3, Receives US and European Orphan Drug Designation
CA-ZYNGA1.6.2020 13:02:07 CEST | Press release
Zynga Enters Into Agreement to Acquire Istanbul-based Peak, Creator of Top Charting Mobile Franchises Toon Blast and Toy Blast
BITFLYER1.6.2020 06:02:04 CEST | Press release
bitFlyer Europe and Quazard Partner to Bring First Ever Trading Competition to Botwars Ultimate Trading
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom