PwC India has joined forces with Workiva, a cloud platform specializing in integrated reporting. The goal is to address the growing demand in India for precise and transparent disclosures as well as Governance, Risk, and Compliance (GRC).
The improvement of the customer experience is the main focus of this strategic alliance. It combines the specialist Workiva technology with the reporting and GRC experience of PwC India. Enhancing the consistency, accuracy, timeliness, and ownership of their reports and processes, is intended to help Indian firms increase stakeholder confidence.
Financials, ESG, audit, risk, controls, policy adherence, and additional local regulatory needs are included in this. The collaboration will make it possible to integrate people, processes, and data into Workiva’s unified SaaS platform, which will lower risk, boost control, promote collaboration, and free up time for more important duties.
“A strong GRC strategy can be a strategic asset that drives business performance,” stated Sivarama Krishnan, Partner & Leader – Risk Consulting, PwC India. Leaders can acquire the important insights they need to make wise decisions by integrating management processes that proactively detect, measure, prioritize, and manage risk. Our comprehensive set of integrated control, compliance, and certification capabilities across all industries will be complemented by Workiva’s technological solutions.
SVP and General Manager of Workiva’s EMEA and APAC regions, Erik Saito, stated: “Our solid cooperation with PwC goes a long way. As we assist organizations in navigating reporting obstacles and implementing best practices for an optimized and sustainable result, our expanded relationship with PwC India creates significant synergies in the Indian market. Technology can make it easier for teams involved in financial reporting, ESG, and GRC to collaborate and create reliable integrated reports on time for stakeholders. Workiva is an online platform that all three teams can utilize, as opposed to selecting software that exclusively covers financial reporting, ESG, or GRC. We make this entire ecosystem a reality through PwC India.
To accelerate innovation, improve operational efficiency, and revolutionize business practices, PwC and Amazon Web Services (AWS) launched a three-year global Strategic Collaboration Agreement (SCA) last month. This partnership demonstrates PwC’s dedication to using cloud technology to create tech-enabled and human-led solutions, aligned with its worldwide trust-building and sustainable results approach.
