Accounting · head to head
Netvisor vs Workiva

Netvisor
Accounting
Finnish cloud accounting and payroll with pricing built from a base fee plus per transaction charges
- From
- Free
- Rated
- -

Workiva
Accounting
Connected reporting platform for SEC filings, iXBRL tagging, SOX and sustainability disclosure
- From
- On request
- Rated
- -
The short version
- Only Netvisor has a free tier, so it costs nothing to try first.
- Each has a real cost: Netvisor pricing is a base fee plus a charge per sales invoice, per purchase invoice, per payslip and per other transaction, so a company with high document volumes pays a bill that scales with trading activity and cannot be budgeted as a fixed monthly cost.; Workiva pricing is quoted per solution and per user and is not published, and because moving a filing cycle off the platform carries deadline risk, renewal negotiations favour the vendor heavily.
- They diverge on capability: Netvisor covers Finnish general ledger, Workiva covers Linked data.
- Prices and features above were last checked on 31 August 2026.
Where they differ
Only the attributes on which Netvisor and Workiva actually diverge.
Identical on both: platforms (Web), user rating (Not yet rated), category (Accounting).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Netvisor
- Finnish general ledger
- Value added tax reporting
- Bank connections
- Electronic invoicing
- Purchase invoice workflow
- Sales invoicing
- Payroll
- Incomes register reporting
Only in Workiva
- Linked data
- Inline XBRL tagging
- SEC filing
- SOX and controls
- Sustainability reporting
- Audit trail
- Collaboration
- Data connectors
What people use each for
The jobs each tool is most often brought in to do.
Netvisor
- A Finnish company whose accounting firm works in Netvisor and wants the client approving purchase invoices in the same systemnot Workiva
- A Finnish employer needing payroll that handles collective agreement terms and reports to the incomes register on timenot Workiva
- A business receiving and sending structured e-invoices with Finnish counterparties that require themnot Workiva
- A Finnish accounting practice standardising clients on one system with a shared role model rather than one instance per clientnot Workiva
Workiva
- A newly public company facing its first 10-K where the tie-out process in Word and Excel is not survivable at the deadlinenot Netvisor
- A European group preparing CSRD sustainability disclosure that must be assurance-ready rather than a marketing documentnot Netvisor
- A finance team whose auditors keep raising review points about version control and unsupported changes in the reporting packnot Netvisor
- A group with several statutory filers that wants one set of numbers feeding many jurisdictional reportsnot Netvisor
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Netvisor
- Pricing is a base fee plus a charge per sales invoice, per purchase invoice, per payslip and per other transaction, so a company with high document volumes pays a bill that scales with trading activity and cannot be budgeted as a fixed monthly cost.
- It serves Finland, so the tax and payroll logic is useless to entities filing elsewhere, and a Nordic group ends up running a different system in each country even where they belong to the same corporate family.
- The interface, help material and support operate in Finnish, so a foreign owned subsidiary needs a Finnish speaking bookkeeper or accounting firm to operate it and cannot supervise it directly from head office.
- Finnish payroll requires collective agreement terms to be configured correctly, and getting holiday pay, supplements and shift rules right is specialist work usually done by a partner, so payroll implementation is a paid project rather than a setup wizard.
- Because most deployments come through an accounting firm, the practical service you receive depends on that firm's competence with the product, and changing accountant can mean changing system or inheriting a configuration nobody documented.
Workiva
- Pricing is quoted per solution and per user and is not published, and because moving a filing cycle off the platform carries deadline risk, renewal negotiations favour the vendor heavily.
- Cost is difficult to justify for smaller filers whose reporting burden is a single 10-K a year, where an outsourced financial printer is cheaper.
- Getting the initial linked-data structure right is a substantial project, and companies that rush the first cycle end up with links that break and a manual tie-out anyway.
- The spreadsheet interface is deliberately not Excel and finance teams accustomed to Excel keyboard behaviour and modelling features find it slower for anything analytical.
- ESG and sustainability modules were added later than the financial reporting core and buyers report them as less mature, so a company buying primarily for CSRD is buying the newer and weaker half of the product.
Pricing, plan by plan
Netvisor
Free- Starter$25/month
- Basic accounting, 1000 transactions, invoicing, payroll for 1 person
- Basic$25/month
- Basic accounting plus invoicing, 2.06 euros per invoice item, unlimited users, email support
- Core$25/month
- All Basic features, invoices included in monthly cost
- Professional$25/month
- All Core features, broadest software interface, budgeting, reporting, forecasting, purchase and sales orders
Workiva
On request- Workiva Platform$undefined/year
- Linked data across documents and spreadsheets
- SEC and ESEF filing with iXBRL tagging
- SOX, internal audit and statutory reporting modules
Which should you pick?
Choose Netvisor if
- You need finnish general ledger.
- You want to start without paying.
- You also want value added tax reporting.
Questions people ask
- Is Netvisor or Workiva better?
- Neither clearly leads. Netvisor starts at Free and Workiva at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Netvisor or Workiva?
- Netvisor has a free tier; the other does not. Paid plans start at Free for Netvisor and On request for Workiva.
- Does Netvisor or Workiva run on more platforms?
- Both run on Web, so platform support will not decide this one for you.
- Can I use Netvisor for free?
- Yes. Netvisor has a free tier, so you can try it without paying. Workiva starts at On request.
- What is Netvisor best used for?
- Netvisor is most often used for a finnish company whose accounting firm works in netvisor and wants the client approving purchase invoices in the same system, a finnish employer needing payroll that handles collective agreement terms and reports to the incomes register on time, a business receiving and sending structured e-invoices with finnish counterparties that require them, a finnish accounting practice standardising clients on one system with a shared role model rather than one instance per client. Of those, a finnish company whose accounting firm works in netvisor and wants the client approving purchase invoices in the same system and a finnish employer needing payroll that handles collective agreement terms and reports to the incomes register on time are not what Workiva is typically brought in for.
- What can Netvisor do that Workiva cannot?
- Netvisor covers Finnish general ledger, Value added tax reporting, Bank connections, Electronic invoicing. Workiva covers Linked data, Inline XBRL tagging, SEC filing, SOX and controls.
Answered from the vendors’ own pages
Netvisor: Is Netvisor usable outside Finland?
Not as a compliance system. The value is the Finnish tax, banking, e-invoicing and payroll logic. Companies filing elsewhere should look at the local product in the Visma range or another local vendor.
Workiva: Does Workiva do the XBRL tagging for me?
The platform provides tagging tools and validation, and Workiva offers services, but the tagging judgement remains the filer's responsibility.
Netvisor: Why is the pricing structured per transaction?
It reflects a Finnish market convention where the accounting firm's fee also scales with document volume. It means a low volume company pays very little and a high volume one pays a great deal, so estimate your annual invoice and payslip counts before comparing headline prices.
Workiva: Is it only for US SEC filers?
No. It supports European ESEF filings, statutory reporting in several jurisdictions and sustainability frameworks such as CSRD and ISSB.
Netvisor: Can my accounting firm work in it with me?
Yes, that is the intended model. The practice and the client share one instance with different roles, so the firm does the bookkeeping while you approve purchase invoices and issue sales invoices.
Workiva: What does it cost?
Not published. Expect tens to hundreds of thousands of dollars a year depending on solutions and user count.
Netvisor: Does it handle payroll for collective agreements?
It supports Finnish collective agreement based payroll, but configuring the specific agreement terms correctly is expert work normally done during a paid implementation. Do not assume payroll is switched on the same week as accounting.
Workiva: Can it replace our consolidation system?
No. It reports on consolidated numbers and connects to ERP and consolidation tools, but it does not perform the consolidation.
Netvisor: What about the incomes register?
Reporting earnings to the national incomes register within the statutory deadline is built in, which is one of the main reasons Finnish employers use a local product rather than an international one.
Netvisor: Is it a full ERP?
It includes inventory and fixed assets alongside the ledger, which covers a good deal of a small distributor's needs, but it is a financial management system rather than a manufacturing or full supply chain ERP.
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