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Workiva
workiva.com · Workiva GRC Software · scored Dec 2025Average cost $59,653/year, with 10-15% renewal hikes.
Best forPublicly traded insurers needing SOX compliance and SEC reporting.
Cloud GRC platform linking audit, risk, and compliance directly to financial and ESG reporting.
True monthly cost
Typical annual cost range
Third-party pricing data
Upside
- Unified GRC, ESG, financial reporting
- FedRAMP Moderate security authorization
- 70+ pre-built data connectors
Catch
- Average cost $59,653 a year
- 10-15% price hikes at renewal
- Steep learning curve for new users
Editor's takeWorkiva links internal controls directly to SEC and ESG reporting in one platform, a combination few standalone GRC tools match, and backs it with rare FedRAMP Moderate authorization. Its 70+ pre-built connectors to systems like Oracle and Workday support complex data workflows. The cost is real: average annual pricing runs $59,653, and contracts can see 10-15% increases at renewal.
How much does Workiva cost?
Pricing is not public. Third-party data puts the average annual cost around $59,653, ranging from $36,212 to $155,760, with typical renewal increases of 10-15% per year, according to SmartSuite's pricing analysis.
Is Workiva FedRAMP authorized?
Yes. Workiva is authorized as a Moderate Impact Cloud Service Provider under FedRAMP, alongside SOC 1, SOC 2, GDPR, and ISO 27001 compliance, according to Workiva's own newsroom.
The evidence: 6 criteria, 3 penalties (−0.14 points)
Score adjustments−0.14 points in total











