Workiva vs Enablon

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Our analysts compared Workiva vs Enablon based on data from our 400+ point analysis of Risk Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Enablon Software Tool

Product Basics

Workiva is a cloud-based reporting platform that globally connects an organization’s workforce with its data sets and data sources. It combines all user data under a single digital roof to remove any errors and ensure complete transparency. Provides automatic and secure scheduling of repetitive tasks and recycles redundant data and reports into functional assets. It allows users to visualize data relating to ERP, consolidation, compliance, security, budgeting and more by connecting everything under one secure reporting module.

A live-updating dashboard with a code-free interface allows for easy analysis and data reporting. It auto-updates linked cross-organizational data for a seamless reporting experience.
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The Enablon platform helps organizations manage critical operational risk and compliance, security, engineering operations, environmental health safety, quality and sustainability. Users can track global and local regulatory requirements, internal policies and procedures, and manage any audits or claims with reporting and analytics. It standardizes enterprise risk detection and response methodologies with a consistent and automated assessment of KRIs and KPIs. Its interactive dashboard eliminates information silos and allows users to keep track of risks, audits and regulatory compliance under one roof.

Provides secure centralization of all document workflow processes with internal controls to track changes, increase data visualizations and limit user access across various levels. Its multi-device interface allows users to manage threats and audits globally. Automated notifications keep organizations informed of upcoming regulatory, compliance and licensing issues. Compliant with the ISO 31000 Risk Management guidelines.
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Undisclosed
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$50,000 Annually, Quote-based
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Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Centralized Data Storage: Store all internal control tests and documents in one centrally accessible database.  
  • Automated Reports: Save a ton of time and resources with built-in automation for regulatory and financial reporting processes. 
  • Intuitive Accounting Interface: Employees can adjust faster to the accounting module due to the platform’s visual and functional similarity with Word and Excel. 
  • Fast Data Access: Quickly access all necessary data and reports from anywhere within the U.S. Instantaneously update all changes throughout the server and eliminate inconsistencies in datasets. 
  • Easy Data Sync: Automatically update data across multiple documents in real time by linking to each other. Save time spent on manual edits and deduplication. 
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  • Increased Efficiency: Enhance operational excellence by monitoring machine data from connected assets in real time. 
  • Predict Risks: Use machine learning and AI to identify potential threats and risk incidents. Access geo-localized real-time alerts and corrective action plans for recorded risks. 
  • Maintain Operational Integrity: Automatically identify and track applicable regulatory requirements across all locations, departments and business units. 
  • Improved Collaboration: Streamline collaborative efforts across multiple departments by centrally storing all risk information, reviews and controls. 
  • Mobile Access: Provide self-service channels to the workforce for faster and simpler reporting of incidents, near misses, inspections, hazard observations and audits. 
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  • Enterprise Risk: Get a 360-degree picture of risk with dedicated assessment and remediation capabilities. Generate reports and perform internal audits to make informed business decisions. 
    • Risk Assessment: Track and assess risks in real time. Prepare risk assessment spreadsheets and act on critical risk information first. 
    • Aggregation and Analysis: Correlate and analyze multiple data sources to find the complete context behind risk information. Categorize risks by datasets like historic risk ratings, risk owners, pillars and more. 
    • Risk Prioritization: Prioritize critical risk throughout the environment with key risk indicator (KRI) information. 
    • Risk Reporting: Create up-to-date risk reports with data visualization options. Combine information from KRIs and risk owners with heat maps, graphs and scatter and bubble charts to prepare reports on enterprise risk. 
  • Internal Audit Management: Streamline the auditing process with custom templates and automated evidence gathering, certification, reporting and planning tools. Access relevant data, manage audits and follow up on tasks. 
    • Audit Analytics: Automatically populate audit reports in a no-code environment to highlight any exceptions. 
    • Templates: Process audits faster with over 3,000 purpose-built AuditNet templates. 
    • Audit Reporting: Increase stakeholder and audit committee engagement with personalized audit reports. Tailor reports accordingly by elaborating on specific details. 
    • Follow Up: Automatically drill down into complicated reports to elaborate on observations and recommended courses of action. 
  • Policy and Procedure Management: Manage policies and procedures across the entire organization. Maintain an up-to-date inventory of auditable policies and procedures. 
    • Policy Indexes: Correlate policies with regulations, controls, processes and risks to create an interconnected and centralized master index. Standardize policies with templates and automatically update changes. 
    • Review Permissions: Review and edit documents directly from the platform. Streamline the review process with automated assessments and audits. 
    • Document History: Track all edits to policy documents with full version history. Send documents for bulk approval and leave comments and reviews within the content. 
    • Attestation Tracking: Track policy status, link current document versions and schedule deadlines. Sign and approve policies from any device and export records for auditing purposes. 
  • Internal Controls: Improve the visibility and security of risk information with internal controls. Allow risk and control owners to make updates with full transparency. 
    • Documentation: Implement role-based permissions to control access to information. Review, edit and update files in their native formats with the Microsoft Office 365 integration. Instantly visualize updates by linking data fields to narratives and flowcharts. 
    • Testing: Perform random sampling tests with single or bulk tasks. Monitor test progress, attach samples and communicate results from the dashboard. Automatically corroborate evidence and track response. 
    • Reporting: Run convenient and tailored reports for data fields including issues tracking, COSO mapping, status reporting and more. Deliver accurate risk information to senior management, business partners and stakeholders. 
    • Certification: Leverage letter templates, customizable certificates and reminders to establish an efficient certification process. Sign and approve certificates from any device with an internet connection. 
  • FERC Reporting: Meet the Federal Energy Regulatory Commission’s (FERC) standards with accurate and prompt XBRL tagging. Work on connected datasets in real time to eliminate errors. Supported forms include electric (Form No. 1, 1-F, 3-Q, 714), gas (Form No. 2, 2A, 3Q), oil (Form No. 6, 6-Q) and service companies (Form No. 60). 
  • SEC Reporting: Streamline the preparation and filing of proxy statements, tax disclosures, 10-Qs, 10-Ks, 8-Ks, 20-Fs, Section 16 and more. Comply with European regulations like Solvency II, CIPC, IFRS and more. Link datasets to narratives and consolidate both structured and unstructured information with EDGAR and XBRL services. 
  • Capital Market Transactions: Implement a greater degree of control over debt, equity, IPO and M&A deals. Prepare documentation for capital market transactions, mergers, acquisitions, debt-offerings and take-private deals with preconfigured workflows. 
    • Speed and Accuracy: Link numbers and texts across multiple files to process transactional documentation faster. Streamline the evaluation process by automatically creating review, sign-off and commentary tasks within documents and reports. 
    • Risk Reduction: Eliminate inconsistent numbers, version inaccuracy and certification errors with a single consolidated data source. Maintain accountability, security and transparency with complete version history and permission-based access. 

  • Limitations

    At the time of this review, these are the limitations according to user feedback:

    •  Users located outside the US can experience latency issues in the SOX module. 
    •  The NextGen platform has a few incomplete features and bugs. 
    •  Involves a steep learning curve. 
    •  High subscription charges. 

    Suite Support

    Visit the vendor’s support center to learn more about using the platform; online resources include patch notes, beginner’s guides, articles, hot topics and transition assets. The community forum hosts discussions, events, webinars and feedback.

    mail_outlineEmail: [email protected].
    phonePhone: (800) 706-6526. Additional phone numbers for customers in other regions are available on the vendor’s website.
    schoolTraining: Log in to the vendor’s website to access the Learning Hub. Online training is available in the form of guided courses, videos, newsletters and simulations.
    local_offerTickets: Visit the vendor’s website to submit a support ticket.
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  • Risk Management: Proactively identify, assess and eliminate risks across all business processes. Streamline operations and anticipate potential disruptions to stay ahead of the curve. 
    • Consistent Protection: Establish standard risk assessment and evaluation procedures. Implement standard risk form templates for risk registers across all systems. 
    • Risk Assessment: Perform top-down and bottom-up risk identification procedures. Implement bow-tie analysis to get contextual risk information and risk definitions. 
    • Key Risk Indicators (KRI): Establish KRIs and tie them with associated risks in the risk register. Monitor key performance indicators and set up risk thresholds. 
    • Compliance: Comply with risk management frameworks and regulations, including ISO 31000 and COSO. 
    • Risk Tracking: Automatically track the status of operational risks. Risk owners can take periodic screenshots of active threats to trace their progression. 
    • Workflows: Perform risk assessments with custom workflows. Risk owners can define role-based validation requirements. 
  • Incident Management: Track every step of the incident lifecycle with integrated reporting, investigation and remediation modules. Integrate with the TapRooT system to get AI-enabled insights on incident investigations, root causes and potential impact on business processes. Report incidents on the go with the mobile-ready Enablon Go Safety application. Confirm compliance with environment, health and safety regulations such as ISO 45001, OSHA, EPA, RIDDOR, WCB and more. 
  • Control and Assurance: Leverage standardized policies, procedures, workflows and robust internal controls to guarantee the efficacy, sustainability and quality of administrative operations. Allow control owners and auditors to test internal controls before deployment via simulations. Use the dashboard to centralize information, set up notifications and track control status. 
  • Insurance and Claims Management: Centrally manage policies, claims and control costs to maximize cost-saving opportunities. Connect insurance coverages and costs to insured assets and risks. Run reports on key performance indicators (KPIs) and TCOIR (Total Cost of Insurable Risk) to anticipate insurance budget and effectiveness. Eliminate data duplication and redundancies. 
  • Business Continuity: Create a recovery plan optimized for business continuity. Maintain a detailed inventory of critical assets and essential processes. Test crisis scenarios via simulations and adapt them to local circumstances. Automate workflows, task assignments and documentation during a crisis. Simplify communication with a single channel for crisis scenarios. 
  • Governance and Compliance Management: Integrate the organization’s objectives with compliance requirements. Minimize business disruptions, predict risk events and guarantee corporate reputation with best practice governance frameworks. 
    • Audit Management: Establish a company-wide audit language with pre-configured, out-of-the-box templates. Access complete audit history to streamline control recommendation and implementation. Auto-populated templates function even when offline. 
    • Compliance Management: Centralize all information regarding permits, company policies, certificates and regulations for a streamlined compliance management experience. Get a holistic view of compliance posture with reporting dashboards, standardized templates, notifications, heat maps and progress reports. 
    • Inspection: Simplify the inspection process with automated workflows, standardized documentation and risk identification processes, Leverage purpose-built desktop and mobile applications to increase inspector productivity. 
    • Document Management: Centrally store the organization’s risk-related documentation. Manage the document life cycle with automated processes, including creation, edit, review, approval and archiving. Track document history and ensure compliance with ISO standards. 
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Product Ranking

#9

among all
Risk Management Software

#51

among all
Risk Management Software

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User Sentiment Summary

Excellent User Sentiment 587 reviews
Great User Sentiment 22 reviews
92%
of users recommend this product

Workiva has a 'excellent' User Satisfaction Rating of 92% when considering 587 user reviews from 3 recognized software review sites.

81%
of users recommend this product

Enablon has a 'great' User Satisfaction Rating of 81% when considering 22 user reviews from 4 recognized software review sites.

n/a
4.2 (6)
4.6 (58)
4.0 (10)
4.6 (36)
5.0 (1)
4.6 (493)
3.8 (5)

Awards

Workiva stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

Functionality: 69% of users who reviewed this aspect were satisfied with the platform’s functionalities, including internal controls and issue Testing, SOX narratives, auditing, and policy management.
Ease of Use: According to 61% of users mentioning this element, the platform’s intuitive UI makes it easy to use.
Sharing and Collaboration: All the users who mentioned this element said the platform made it easier to share documents and collaborate on projects.
Service and Support: 83% of users reviewing customer support said it’s highly responsive and knowledgeable.
Automation: 100% of reviewers mentioning automation found it helpful to learn and apply new formats and automate financial and regulatory processes.
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Tailored Solutions: Enablon can be customized to align with your company's specific risk management requirements.
Ease of Use: Many users praise Enablon's intuitive interface, making it straightforward to navigate and utilize.
Seamless Integration: Enablon is designed to integrate with your existing systems, including legacy software, for a unified approach.
Enhanced Efficiency: By transitioning from manual, paper-based processes, Enablon can save your business time and resources.
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Speed and Performance: 100% of users mentioning performance said they experienced bugs, glitches and slow upload and export speed on the NextGen platform.
Cost: All the users who reviewed this aspect found the system’s subscription charges higher than its competitors.
Training Resources: 60% of users mentioning this element said the platform requires more training material to compensate for its steep learning curve.
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Reporting Features: While Enablon is generally well-regarded, some users have indicated that its reporting features could be improved for better usability and functionality.
System Integration: Integrating Enablon with existing systems can pose challenges for some companies, especially those utilizing numerous applications and software platforms.
Internet Dependency: As a cloud-based solution, Enablon's functionality is contingent on a stable internet connection and the reliability of its servers and technologies, which could be a drawback for companies with unreliable internet access.
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Workiva is a cloud-based comprehensive reporting platform that provides unrestricted global access to FERC and SEC reporting modules, internal controls, and audit and policy management tools for complete in-house risk management. The platform can be difficult to learn initially, but a responsive support team makes it easier to understand the functionalities. In addition, automated reporting processes add a lot of value to the platform. However, the NextGen platform has a few performance issues. Updates can cause temporary glitches and bugs, resulting in unforced errors in datasets. All in all, Workiva is a safe bet for vulnerability management software. In spite of high subscription costs, it’s an excellent candidate if you can fit it into your budget.

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How do users describe Enablon, and is it truly enabling businesses to effectively manage risk? User reviews from the last year reveal a mixed bag. Enablon shines in its comprehensive features, particularly for large enterprises grappling with compliance, incident management, and risk assessment. Users rave about its ability to streamline workflows, seamlessly transitioning from archaic paper-based systems to efficient electronic ones, and effortlessly integrating legacy applications. The intuitive and user-friendly interface garners praise, enhancing the overall user experience. For instance, one user lauded Enablon's intuitive design, highlighting its ease of use for setting reminders about expiring permits. This feature proves particularly valuable in heavily regulated industries where permit renewals are critical for maintaining operations. However, Enablon's reporting features have room for improvement, with users expressing a desire for more advanced functionalities. Despite this drawback, the platform's robustness, flexibility, and ability to handle complex risk management tasks effectively are highly commended. A case in point is Boeing's Transport Compliance team, which experienced a smoother workflow after integrating their legacy applications into Enablon. This seamless transition underscores Enablon's capacity to adapt to existing systems, a crucial factor for large organizations with established IT infrastructures. In conclusion, Enablon emerges as a solid choice for organizations, particularly large enterprises, seeking to bolster their risk management and compliance processes. Its strengths lie in its comprehensive features, user-friendly interface, and ability to streamline complex workflows. However, potential users should be mindful of its limitations in reporting capabilities. Overall, Enablon proves to be a valuable tool for organizations ready to level up their risk management game, even with areas for improvement.

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