Monetary and ERG reporting platform developer Workiva has acquired AuditNet, a world supplier of audit content material and companies.
Phrases of the deal weren’t disclosed.
AuditNet’s on-line portal provides greater than 160,000 inside audit practitioners world wide entry to content material, sources, audit program instruments and template.
“Digital communities like AuditNet, the place thought leaders and practitioners can join and collaborate, share finest practices, and construct and scale packages, are important for companies trying to speed up digital transformation,” stated Workiva CEO Marty Vanderploeg, in an announcement. “Workiva’s acquisition of AuditNet provides to our buyer providing, guaranteeing that organizations of all sizes and maturity can flip to the Workiva platform to shortly scale their groups, strengthen danger assurance and enormously enhance effectivity within the audit course of.”
Workiva had entered right into a strategic partnership with AuditNet in 2020 to provide its prospects entry to AuditNet’s content material catalog. Beginning in 2022, it plans to combine these digital property with its personal, together with putting some premium content material in its new Workiva Market.
“This acquisition will make sure that AuditNet’s experience is accessible and related to much more international audit groups,” stated AuditNet founder and CEO Jim Kaplan, in an announcement. “I imagine in Workiva’s mission to energy clear reporting for a greater world and have seen how their know-how streamlines processes to extend the effectivity and effectiveness of audit groups. I’ve full confidence that AuditNet and our devoted subscribers will probably be in good arms with Workiva.”
That is Workiva’s second acquisition.