Workiva Inc. (WK) Earnings Call Transcript & Summary

Hi, everyone. And thank you for joining today's webinar, What's New with Workiva Spreadsheets, Documents and Presentations. Before we begin, let's cover a few housekeeping items. If you have a moment, please respond to the survey questions to the right of the presentation. At the bottom of your screen are the application engagement tools. They're all resizable and movable, so feel free to move them around to make the most of the space. We'll also be showing some demos later on, so you may want to expand your slide area or maximize it to full screen by clicking on the arrows in the top right corner. If you have any questions during the webinar, you can submit them through the Q&A box. We'll try to answer these during the webinar, but if a fuller answer is needed or we run out of time, we'll answer it later by e-mail. Know that we do capture all questions, so you will get a response. For those looking to receive CPE credit today, we'll be asking you to answer 4 multiple choice questions throughout the webinar. You'll need to answer at least 3 of those and attend for the full duration to receive credit. If you're watching as a group, please log in individually. The CPE questions will appear within the slide window, and there will be a limited amount of time for the answer to be submitted. So please make sure you're ready to answer when the question appears. Once you've met the CPE requirements, your certificate will be available for download in the CPE certificate engagement tool on your screen. The link to download will also be e-mailed to you in a post-event e-mail. If you have any questions or issues receiving your certificate, please contact [email protected]. Now to the topic of today's webinar, What's New with Workiva Spreadsheets, Documents and Presentations. As many of you know, we've been rapidly adding features to the next generation of our platform, and we hope you walk away from today's webinar able to do a couple of things. First, discover opportunities to adapt new capabilities in the work you're doing today. Second, use them to optimize your processes or reports. And third, share these new capabilities with your team, so they can use them as well. To put the development of these new features in context, this slide shows our feature releases over the last 5 years. Last year alone, we released almost 6,000 updates to our platform, which was more than our first 5 years as a company combined. While this is great and gets new features and functionalities to users faster than ever before, it can also make it more challenging to stay on top of what's new, and that's what our webinar is all about today. I'm Shelby Allen, and I'm really excited about the 3 Workiva experts we have on deck to present because they're the actual product managers and user experience designers who make the decisions that impact these document types on a day-to-day basis. They're going to show newer features that have been released recently, but they'll also point out some features that might have been there for a while, but they might be new to you or maybe we've redesigned or made improvements to them that make them even more helpful. With that in mind, I want to introduce our first Workiva expert. Samantha Lee is the Associate Product Manager for Workiva Spreadsheets. Spreadsheets were the first next-generation document type we released and are the most widely used. Sam?

Thanks, Shelby. Before I hop into the demo, let's do our first poll question. What method do you use to get your data into the Workiva platform initially? Option 1, copy and paste; option 2, Wdesk sync; option 3, Excel importer; Option 4, connector or an API; option 5, other. [Voting]

Looks like there's a pretty even spread between the first 3, all of which are pretty valid ways of getting the data in depending on your particular process. But today, I'm actually going to show you a few more ways that might work even better. And we're just going to give people a few more seconds to answer the poll question, and then I'll get to the demo. [Voting]

First, let's start on how you can get your data into a spreadsheet. The first and most common method is simply using the Excel Importer. Say you have an Excel file that you have been continuously using throughout the years, and this is your first time using Wdesk. In order to import the file, you have a couple of options, you can hit this plus signal symbol here in the home model, go all the way down to the import option and hit import Excel. If you're already in a spreadsheet, you can actually just go to the file tab hit import, click Excel and choose a file that you would like, we're going to use this Excel Import. And from there, you have options. You can create a brand-new spreadsheets in a new tab, so it would pop up right here. Or you can add the Excel sheets to this existing spreadsheet. So it will pop up in the outline panel here. Should you select adding the Excel sheets to this current spreadsheet, it will actually give you the option to override identically titled sheets with new values. So this -- we made this specifically for the use case of rolling documents forward. So we know our customers really like to use the same documents and just update those with the new values. Say, for instance, this Excel spreadsheet that I'm actually going to import, this has the new numbers on it. I also made these -- have specific formatting options, just to show you that when we import this Excel spreadsheet, it will actually show up in the Wdesk spreadsheet as well. So these have numbers here, and I make sure that in the Wdesk spreadsheet that it's still currently 0. So we can go ahead and test this out. Select a demo, add Excel spreadsheet to the spreadsheet and to override the same titled sheets with the new values. So it's going to look through all of the sheets here and all the sheets -- all the tabs in the Excel spreadsheet. If they are the same titles, then it will replace those values. Import, and we're going to -- it's going to take a couple of seconds to import those in. You're going to see that these zeroes will turn up with those numbers as well as their specific formatting options. And there you go. Another method of getting data into a spreadsheet is by publishing a data set. When you publish a data set, you're making it available to someone across workspaces. So say, for instance, I'm in finance, and I actually want to share the spreadsheet with someone in a different workspace, say, someone in legal. If I go to the data tab, hit published data set, I can actually share this across workspaces. And we made this feature because even if you were to manipulate permissions enough to make someone an owner, an editor or a viewer, if they're in a different workspace, we would not let them. That was something that we did because we wanted our information to be secure and to make that division between workspaces should they need to. But in the options that you do need to share it with someone across workspaces, you -- all you have to do is go to published data sheet, you can actually enter their names here, and Mallory as well, right here is the data you requested. Hit published. And you're going to see that this data sheet is set. Now all Shelby and Mallory have to do is hit the connect button, go to shared sheet data. And as you can see, there's plenty of outside connections that you can use this with as well. And they're going to find that the data sheet that I shared with is going to have the title of it as well as a brief description. This is also capable for SOX users as well. If you are a SOX database user, you can connect to a spreadsheet too. And the last thing I'll say about publishing a data set and connecting a sheet is, it's really cool that you can actually -- if you make any changes at all, let's say, this was a wrong number. I'm trying to put this as 0 for now. I can actually republish this sheet. If I've already hit this button, it would actually push the changes that I just made to Shelby and to Mallory's sheet as well. Now the last option, the last way you can actually get data into a spreadsheet is through Wdata. Wdata is located by this cube symbol on the right-hand panel right here. I would like to add a connection. And as you can see in this Wdata panel here, I can bring these data sets in from my source system and Wdata and I'm capable of massaging that data to only plot the parts that I really needed. And then I can connect it to a spreadsheet for my reporting process. Now once you have your data in a spreadsheet, what are some recent next-gen improvements that we -- the spreadsheet team has released. The first I want to show you is text rotation or work vertical text. This one is pretty straightforward and is exactly what it sounds like. If you select the content that you would like to orient vertically, all you have to do is select it and go to the Edit tab. Click the drop-down and vertical text is the A with the arrow symbol, and we're just going to point that up. Now you're going to see that since these cells are a little small, we're going to have to resize them. This is going to be as easy as just going to the gear symbol going to formats and using table resized properties, which is a brand-new feature that we also released. Now you can enter in the number that you want, the height and the width to be, or you can also just double-click fit. Here we go. All right. Now I'm going to show you zoom and border width and styles, going to take us to the Date tab. And you can see, I'm already on 75% zoom perspective right now. If I want to zoom in a little bit closer, all I have to do is press that magnifying glass with a plus sign. And if I want to zoom back out, it's as simple as pressing the one with the negative sign, pretty straightforward. And for borders, we have expanded our border widths and styles selection, and it is represented by this little focus box here. I'm going to select the ones that I want to have a different border style applied to, go to the drop down. And I'm just going to do the middle borders here. Instead of black, I'm going to make it maybe a lighter gray with some dotted lines and actually make it a bit thicker so I can see it with my eyes. And a small tidbit of information for border widths is that this focus box will actually remember your last selection. So if I'm going through my document, and I actually want to change all the borders in all the tables, I can just select each table and press that focus box. I don't have to reselect my selection again. It will actually remember what I did. Once you have your data in a spreadsheet, there are new ways that you can actually view data too, depending on what lens you want to use. We recently -- the spreadsheet team just released filtered views. Filtered views is located in the data tab and represented by that funnel. A really cool way that you can use filtered views is, if you are just a single click into a cell and hit filter, apply filter, it will actually catch -- it will actually use that filter for any of the content that is touching that cell or surrounding that cell. Now let's say, for instance, I want to use this filter just to capture what values I need to actually double check. I'm going to select check values here. And I will know which North American numbers I need to double check, and that's going to be gross margin, total SG&A expense and total operating expenses. We've also created a create view option where users -- whoever is going in and out of the sheet can actually see this view. You can title it, I'm going to title this North America Double Check Numbers. Save it. And now I can edit this filter. I can edit this filter. I can also delete it or duplicate it and other users can actually just have viewer access to this filter as well. All right. Now besides filtered views, what are some other cool lens that you can use to look at your data? One last feature I'd like to talk to you guys about is overlays. I know everyone's -- everyone really likes overlays, and we have a vast system of overlays that you can look at your data with. The first thing that you can do to enable overlays is go to the view tab, hit show overlay. And you're going to see this little checkerboard icon on the right-hand panel pop up. The first overlay that is the default is lock and unlock cells. As you can see here, everything is unlocked. Some other cool ones overlays are value formats, entered and shown in, authorship, formula precision. I think value format is something that our customers use a lot. Just to give one last maybe final glance to ensure that everything is in the right value format. As you can see, these purple ones indicate that they are accounting cells, while the gray ones which is a vast majority of the sheet is automatic value formats. Another super cool one is authorship. As you can see here, I am the main author of everything in this sheet, but Shelby has edited some things as well. And if you hover over it, you can actually see the date as well as the time that she made those edits.

Thanks, Sam. That's some really helpful stuff. I haven't used yet, but I'm excited to try the filtered views. There's a couple of spreadsheets that I check pretty often, I have data from 3 separate projects. But sometimes, I just want to look at one of those projects at a time. So what I've been doing in the past is hiding the rows I don't need. But I'm going to try out saving some filtered views instead. What about you? Is there anything you're most excited about or would urge customers to try if they haven't already?

Yes, there sure is. I think one of the features I'm most excited about is table resize properties and filtered views. Table resize is something you guys have been asking for a while. So our team, the spreadsheets team has been really glad to deliver that. I'm also really excited about filtered views for the same reason you are. A lot of my own tracking spreadsheets are pretty comprehensive, and sometimes I just need to see a subset of that data.

Awesome. I also think it will be really helpful to save some of those filtered views. Next up, we have Mallory Earll. Mallory started her career at Workiva as a Customer Success Manager. Then moved to the R&D side of the business when she became Product Manager for spreadsheets. Within the last year, she's taken over responsibilities for documents, and that's what she's going to show you around today.

Thanks, Shelby. Now before I get into the demo, let's do our second poll question. Which feature do you most wish you could change about classic documents? Now option 1 is getting locked out of the section you need to work in. Option 2, text formatting because you need double or triple column text. Option 3, nonprinting sections, you need multiple links in 1 table cell or you'd like to tag multiple facts to 1 value. Or option 4, manual pagination, you wish it were automatic. Now I'll give you just a few more moments to enter here. [Voting]

Okay. And now it's looking like it's a pretty even spread. The good news is that all of these things are solved for in next-generation documents. There is no getting locked out, you can have multiple column texts, you can link multiple values into 1 table cell and tag multiple facts to 1 value, and you also don't have to manually paginate. Pagination is automatic in next-generation documents. Now one of the most exciting things to kick off this demo is real-time collaboration in the next-generation platform. So as I start typing here, you'll notice there's no more consoles or locking down of sections. What you can do with your teams is working here collaboratively. So when you're typing, they can see it, and it's going to prevent you from maybe being locked out or working in the same section. And another great benefit is I can actually go over down here to user presence, and I can see who's all working in this document and navigate to where they are. So I can see Katy is just there at the beginning of the document. Now this is going to help you work faster and be able to be getting into those sections that you need at a moment's notice. Another improvement you can see is with full documents growing. A lot of times, our classic users let us know that rather than jumping from section to section when they reach the bottom of it, they would like to just be able to scroll through their document cleanly so they can get a better idea of what it's going to look like when they're either filing it or exporting it. So as you can see, I'm going from different sections and looking at them all cleanly. Now since we're in a real-time collaboration and we don't have to worry about sharing anymore, that does mean some differences for history. So if I jump over to the history tab here, you'll notice that I still have my revisions, kind of like you would have seen in classic. However, you will see sometimes multiple names associated with a specific revision. Now we're going to automatically be creating these in documents as you're editing. But you'll notice that sometimes our names together, which would mean Joel and I both contributed to the document at this time frame. Sometimes it's just Joel or sometimes myself. And you'll also notice that Joel has created a milestone here indicating that this revision right here was used for a test filing. Using milestones is a best practice that we recommend to help you indicate a specific moment in time, whether that be setting your document for review out to stakeholders or maybe it is a test filing. So sometimes customers can export a PDF and send those around. But that's kind of dangerous because if you think about sending sensitive data around in e-mails and going back and forth in shared drives, we definitely don't want to be exposing that potentially sensitive information. So what we can actually be doing in Wdesk is sending things for review. So what I can do is take a certain revision here, drop down. Oops. Select that. And you'll notice we have a review model here that gives you some option. So you've selected this revision to be sent up for review, and I can decide whether I want to include existing comments or not. This is going to be really valuable, if you happen to be sending this review out to someone who doesn't have access to the document. A lot of times, I might want to send a review to someone who I don't actually want to see all my comments with all my different coworkers working in the document. And I just want them to see that specific revision. So I'm not going to include existing comments. I am going to send the entire document. From here, I can go ahead and give this review a name. So maybe I can call it test filing review and I can decide to add a reviewer, maybe I'll send it to Joel. And then this is where you can really customize what you want that review to look like. So this is going to be great, if you would have said -- send a set of instructions or go in a little bit deeper into what you're actually sending something for review. So maybe I want him to look at this ASAP. And maybe I want to give him a due date. Please review. And what I can do is send an email. And now Joel is going to get an e-mail of this review, letting him know that there is something for him to be opening up. And if he didn't have access to this document, that's okay. I just gave him access to the review. Now another item that's going to help you work faster in Wdesk is using track changes. So if I go over here to the review bar here, I can go ahead and turn on track changes. And they're going to look a little bit different than you might have been used to be seeing in classic. So if I jump in here and start typing, you'll notice you'll see those additions. But you also notice that I have this right-hand panel where it tells me which action was done and what exactly was changed. You can see who is associated with that. Now if I jump over here and maybe delete some comment, you'll notice that we actually don't show that in line, but we do have this indicator, which then highlights that card in the panel, letting us know what was actually removed. Now it's really going to be convenient for you to not have this in line because a lot of times, as you're showing both strikethroughs and additions, it can give you inaccurate sense of how many pages you actually have in your document. So it's not going to be paginated correctly looking for you. And you're not going to know the way the layout is really going to look like. Now it's really important for you to be able to work quickly and efficiently in your document. But it's also super important to make sure that your document looks exactly the way you need it to. Now maybe you have some company guidelines that you have to follow from a styling perspective or maybe you just have a really good idea of how you want your document to look. We want to make that as easy as possible for you. So what I'm going to do here is show off one of our newer features. I'm going to highlight some text, jump over here to properties. And I can go ahead and you'll see there's an input for the amount of columns I want to use. Now this was not something that was widely available in classic, but it is now an option in next-generation documents. From there, you can see that I'm able to adjust my columns from 1 to 2. And now we can actually go to 3 columns as well. So we want to give you more options to really style your document how you want to. Now another great way to create consistency across your documents is by linking. Now a lot of times, you'll have multiple paragraphs that have the same verbiage across multiple documents. Now rather than having to manually update all those different instances, we want to make it really automated for you to update these all at once. So what I can do is highlight a body of text here, and I can right click and I can make that a source link. So let's say I'm going to be using this in another part of my document or maybe another document. From here, I can go ahead and copy that. You'll see the blue source link around it. And then I'll just find a new place that I want to paste it, and we'll just do it really quickly right here. And when I paste, you'll see that, that green boxes around it, and I do have track changes on. So I can go ahead and accept those as well. Now another way that you're going to be able to create consistent styling is with style guides. Now if I jump up here, you'll notice I have the style drop down, and I can actually edit the style guide. Now this is going to open an actual editor that you wouldn't have seen in classic. And I can go ahead and edit any of these headers here, maybe I want to change the font or make it a lot bigger, lots of different options here. And I can also decide to lock these or not. So if I want to prevent other users from changing the style and I want to make sure it's very consistent, I have the option to do so. And a lot of times, it would just be accidental, but to really ensure that consistency, that is an option you have. You can also add a note down here, if you want a custom tooltip explaining when you would use this type of header. You'll see down here, we have some different explanations. Now I'm going to go ahead and publish those changes. Now I can go back and return to the document, and I don't have any of these applied here, but what I can do is go ahead and select some text here and I can apply any of these headings here. And you'll notice it then follows through. So this is going to be really great if you're adding new verbiage to your document and want that to be updated and have the same format as everything -- all the other headers within it to be really consistent. Now the last thing here I want to point out is some of the internationalization items that we have been bringing to next-generation documents. Now if I jump over to this other document here, you'll notice something very special on it, and that is the metric ruler bar. Along with that, if I jump into document properties, you'll see the ability to change our locale to different things. So maybe I want to change it to Spanish and I can change my currency symbol to be whatever I want it to be and into the alignment and even change the date order that I want. Now if I jump over to page formats, I also have a myriad of different page layout options to be able to carry out my reporting needs, whatever they may be.

Thanks, Mallory. I know for me personally, the things you called out that impact the editing process, like track changes, commenting and digital review, have made the biggest difference for me as a marketer because I do a lot of writing. So in the classic track changes experience, it was really hard for me to read through a document for flow because parts of the text that were deleted, we're still showing up in red strikethrough text. So like the new track change is much better because I can still tell where deletions were made, but they don't distract me when I do a read-through. What about you? Which of these features are you most excited about personally? Or which do you think will have the biggest impact for our users?

I would have to say that I think the next-gen digital review will have such a big impact. It really allows you to drill down into who you want to share it with. If you don't want them to be seeing your live document, but just reviewing a certain revision, we really empower you to do that in next gen, which allows you to be showing your document with not frequent Wdesk users, but also other people within the organization that maybe just need to jump in there to look at it once or twice a quarter. So it's really good for helping people get into the platform that maybe haven't been before.

I agree, Mallory. I actually had never sent a digital review in classic. So when somebody urged me to try a next gen, and I did it, I was like, oh, this is so easy. I wish I would have been doing this before. So that's a great story.

Sure. Sure.

Next up, we have Ed Ly, Senior User Experience Designer for Charts and Presentations. Ed has been here the longest of our presenting Workiva experts today, and he's seen more code releases and new features built than anyone else. He also works on a user experience team, which means he actually design the interface of some of the new features you'll see today. Ed?

Thanks, Shelby. Let's do our third poll question. When creating presentations, what takes the most time? Option one, applying and editing for official company fonts and colors; option 2, formatting fixes such as reducing white space or alignment; option 3, creating charts and graphs that visualize the data reported; or option 4, accommodating last-minute changes in your numbers. [Voting]

It looks like formatting fixes are one of the most that people are choosing. With next-generation presentations, they were designed to help out with a lot of these things, but we've also added a lot of new capabilities that give you more control over the formatting. We'll give people a few more seconds to answer and then jump into the demo. [Voting]

I wanted to talk about some enhanced functionality and workflow improvements in next-gen presentations as well as some handy new features such as presentations templating, shapes and flow chart improvements, image insertion and charts formatting. Let's get started with some time savings using presentation templates. A presentation template is a collection of master slides, slide contents and formatting that you've set up from an existing slide that we can use as a starting point for all of your presentations. Let's take a look at this new deck that I started and use it as a basis for a new presentation template. I'm going to jump into the master slides real quick. Here, we can see that I have a few slide masters set up to help ensure consistency between some settings and formats for things such as slide size, slide background and logo usage. Another way to ensure consistency in formatting is to use Workiva's style guides feature to sync up formatting for both your text and cells. Let's take a look at those now. It looks like this is using a style called Deck Title. Let's take a look at what that looks like. In the Style Guide Editor, we can see all of the styles we have defined as well as the formats we have locked down such as font and font size. The ability to lock down these formats help to ensure your teams aren't deviating from official formats of repeated content such as titles, subtitles or body copy. For this example, all of the [ Avikro's ] text is mandated to use Helvetica, which we have locked down. Now that I have my master slides and style guide set up, let's take a look at the presentation deck I have so far. We can see that have a few title slides defined as well as a few body slides and a boiler plate legal slide that I may need to include on all presentations. This will be a handy slide to have in our template so we don't have to recreate the slide each time. Let's save this presentation as a template. To save this slide deck as a template, I'm going to go to the file menu, select Save As and then Template. And let's give this a new name. With this presentation template setup, I can now use this as a quick starting point for future presentations. Now let's create a fresh presentation using this new template. To use the template we just saved a new presentation, we're going to navigate to the Create button, select Presentation, and then Presentation from Template. And then from here, we're going to select the template that we like. And here's the one we just saved. Great. It looks like we have our new presentation with all of our template content and formatting. Let's start with a little preparation for our new presentation. For a quick best practice tip, I'm going throw all of these slides into a new group. Great. There we go. So now we have a group of slides to let other collaborators know that they should not edit these slides, but we do now have a group of slides that we can use to copy from. Now let's start building out our deck. Let's start off with a new title slide. I'm going to begin by duplicating one of our title slides from our templated slides. Let's use this one. And let's give this a title. Now might also be a good time to grab a copy of that legal confidentiality slide that our organization might require us to use on every presentation. So here's that boiler plate legal confidentiality agreement slide from before, and let's make a copy of that and throw that up top. With next-gen presentations, we now have the ability to not only copy and paste images from between Wdesk presentations, but we also now support the ability to insert images from your clipboard such as copying an image from the web or dragging and dropping multiple images directly from desktop. Let's create a new slide and give that a shot. I'm going to open up a desktop window here where we can see I have 3 images. I'm going to highlight those and drag them directly into Wdesk. And here they are. Another new feature is the ability to hide your slides so that they won't be part of your deck when you present. These templated slides make for a great example of things that we may want to hide. And to do so, you select your slides, right click, and select hide. Now that these slides are hidden, they will not be part of your presentation when you present, but they will be in your deck in case you need them. A highly requested feature from classic presentations was the ability to copy and paste slides between deck while preserving links. So let's take a look at that. I'm going to open up another presentation, select some of these slides and copy them over, jump back into our existing presentation and paste those in. So here are copies of all of our slides from the other deck, complete with links. Now let's go over some new shape modifiers. We've added some functionality to modify certain aspect of shapes, such as the tilt of a triangle, the bases of an arrow, call out tails and some more. I also wanted to point out some new additions to our shapes property panel. Let's select a shape here and take a look. As you can see, we now have the ability to explicitly define the size and location of your shapes as well as the ability to preserve the aspect ratio and rotation. In addition to that, we also now have a new ability to swap out your shapes in case you wanted to change some of those. And these are especially handy for flow charting. Speaking of flow charts, we've made some incredible improvements over classic flow charting capabilities. For example, we've further refined our line and elbow connectors to feature smarter routing and text on lines. Let's take a look at that. Here's some text on lines where we can manually move those and grab some objects and have that route a little bit smarter than in classic. Additionally, we also now support more robust formatting options for line end caps and line styles. And let's take a look at that. Another little feature we've snuck in here for some of our power users of flow charts is the ability to insert multiple lines or shapes at the same time, and we call this ability sticky insert. To activate this ability, go into the shapes menu and right click on a shape that you'd like to insert. Let's go with this ellipse. So with this mode activated, I can click and place many objects with each click. And then to exit this mode, I can hit escape. And this applies to your lines as well, in case you want to connect those. Another new addition to next gen is the ability to immediately link your lines without having to place and draw the line first. So you can immediately click and connect these shapes. This new behavior drastically reduces the number of clicks required to build out a flow chart. And I think this is a personal favorite feature of mine. Another highly requested feature was the ability to support transparency on our shapes. Let's grab one of these and then go to the fill options. And you'll notice that right now, it's at 0% transparency, but we can move that all the way to 100% if we'd like to make it completely transparent. Last but certainly not least is next-gen charts. One of the biggest quality of live improvements we've made is to allow users to view their charts and data side by side in either a new browser tab or by splitting your existing Wtab into 2. Let's look for a chart. Yes, this might be a pretty good example. So I'm going to click on this and then open up the chart data. And you'll notice that this opened up in a new Wtab or a Wdesk tab. And if you write click on that, you now have the option to move this to a new browser tab in case you'd like to move this to another screen, or we can create a split view and show this data side by side. So any of these changes in this data tab will flow live to the chart. So for example, let's delete this row of data. Once we do that, we should see the chart immediately change. Let's close out this tab for now. Classic Wdesk users might immediately notice a reduction of white space in this chart. That's another thing that we worked really hard to provide improvements for, is the formatting of our white space and our margins to both the charts and chart legends. Let's take a look at those settings now in the chart panel. Here are some group padding options for the bars and then down below is some for the legends. So that allows you to really fine-tune the amount of white space you do want or completely get rid of it if you'd like. And in addition to this, we've also added some miscellaneous formatting options to help you fine-tune your chart in further ways such as the [ ability to hide chart legends ].

Thanks, Ed. A couple of things strike me out of what you just showed. The first is greater control over the white space in charts. I've heard quite a few customers asked for that over the years. So it's great that, that kind of control is now possible. The second is hide slides. I love that feature, and I use it all the time myself. Sometimes I use it for speakers' notes. So I'll include a hidden slide after each of my real slides with my notes on it. That way they don't show up when I'm in present mode, but they're there as I put together my thoughts. So same question to you that I've asked the other presenters, which of the features that you showed today are you most excited about?

Oh, there's so many little tweaks and changes that we've made that all add up to a much better quality of live experience. I'd say that the improvements to drawings and manipulation of shapes have been the one area that's been most impactful for myself. One thing I didn't explicitly go over in the demo was having a live preview when you're editing your shapes next gen. I find that it's so much faster to be able to like preview a shape and the content within when you're resizing your shape, which is something we didn't do in classic. This is particularly helpful when you're trying to just adjust the width of your shape so that you can fit all of your text on one line without needing to guess where that text will reflow after you resize. All of that really helps improve the platform for building out flowchart diagrams as well.

I love all of what you just said. I didn't know about the improvements to shape resize. And just when I thought I was getting pretty good at presentations, I realize there's even more that I can do. Now for our final poll question. Of the features and functionality shown today, what are you most excited to use? Choice #1, new options for sharing and connecting data, so things like connecting directly to your system of record and sharing data across workspaces; choice #2, new linking capabilities. For example, linking multiple values into 1 table cell and multi-paragraph linking; choice #3, general productivity enhancement. So things like automatic revision history and real-time collaboration; or choice #4, enhanced visualization and presentation capabilities. So the things that Ed showed like additional chart types and shapes and more formatting options. And just to be sure everyone gets their CPE, we'll give people about 10 more seconds to answer here. [Voting]

Well, it's looking like a pretty even mix, which I got to say disappointing a little bit because I really wanted to declare one of our presenters, the winner. But that's okay, it's good to see enthusiasm for all of these things. With a few minutes left, let's open it up for questions for our product experts.

Let's start with one that came in during the demo. This user said, my team likes the pencils unlocked, and we don't want our changes to immediately be visible to everyone in the document. How can I maintain that in next gen? So we'll go to Mallory for that answer.

Sure. Yes. And I'm right there with you. Sometimes when I'm in the middle of drafting something or putting something together, I don't want any eyes on it either. And a lot of times what I would recommend doing is really utilizing permission. So one of the nice things about nex-gen documents or any of the next-gen experiences is the ability to have nonpermissions on a section. So if I just want some private time to work for a little bit, I can go ahead and restrict everyone else out from there and then open it back up when I'm ready. Another thing that I would recommend doing is utilizing track changes. If you want to make sure that any changes coming to maybe any of the sections you own or even in the document need to be approved, that's going to be a great way to be gating and what changes actually come into your document.

That's awesome, Mallory. I'd agree. I use nonpermissions quite a bit when I just need everyone to be out of the document so I can do some quick fixes or maybe create something new that I'm not ready for others to see yet. But I also use track changes quite a bit so that I know exactly what's changed since the last time I left the document. So great tips there. Next question was, can I use Workiva Presentations as a slide library? So Ed, over to you for that one.

Yes, absolutely. I've heard of some customers having a lot of success with building out a master presentation deck that houses a lot of the different slides from high-level overviews down to granular regional breakdowns. A lot of these users can copy these slides into another presentation or selectively hide the slides that they don't want to show to tailor the content to their audiences. All of these slide contents are fed by some spreadsheets and document linking so that the content will always be up to date. And with this master deck, users can fine-tune the granularity of their narrative by cherry picking the slides that they want and be able to quickly access supporting material via appendix section or following through to their link sources. And as mentioned earlier, users can also use style guides and master slides to ensure that their decks are always on brand and consistent.

That's awesome. Thanks, Ed. I use both of those things myself as well. I have sort of a master slide deck that contains all the slides I might use in a quarter, but then I copy and paste out of that deck on different slides for different audiences, depending on who needs to see what. Also a huge fan of hide slides because that is sometimes where I stash my speakers note when I'm creating Wdesk presentation. So I love both of those developments. Okay. Next question. Are there any differences to the filing process in next gen? So since a lot of those changes to the filing experience would come through at the document level, Mallory, why don't you go ahead and answer that one?

Absolutely. So there are some differences to that filing process and certainly for the better in the next generation, along with subcell linking, you can be tagging multiple facts to 1 value, maybe known as dual tagging to you. But the full screen filing view is also going to be super helpful, just continuously running the filing health check to make sure your submission is going to be accepted by the SEC. You're going to see a reduction in those nonprinting sections. And meaning, overall, that you're going to have less error messages to help you move a little bit faster through that process.

That's awesome. Thanks, Mallory. Next question, does everyone have access to connected sheets? And how do I know if I do? So Sam, why don't you take that one?

Sure. As long as you are in workspaces, you should have access to connected sheets. This feature comes with any spreadsheet users. So if for some reason that you don't have access, please just go ahead and contact your CSM.

Thanks, Sam. Last question here, since we're running out of time. We use Wdesk for support binders, will that be available in next gen? Mallory, I hate to do this to you again, but a lot of the attachment is made at the document level. So why don't you take that one?

I'm all for it, happy to take any questions. So it will, but it might look a little differently than you would have seen in classic. So the ability to make attachments is in documents now and we're going to be adding the ability to markup supporting documents by the end of the year. And there's also going to be a way to aggregate and package your support binder files. But the plan is to do that via a ZIP file, and so the usual support binder experience. Now because exactly how each customer uses a support binder capabilities is a little bit different, you should probably talk to your CSM to make plan for how you're going to transition to make sure that it's going to accommodate your processes.

So considering all these new features and functionalities you learned about today, what are the next steps? If you haven't already upgraded to the next-generation of our platform, contact your CSM to make a plan or try it out for yourself. As long as you're in workspaces, you can create a next-generation spreadsheet document or presentation, or you can transition one of your classic files without changing the original. Some customers say, it's similar to making a copy, except you have next-generation file types at the end. If you have already transitioned, give these new features and functionalities a try. Next time you have a milestone revision ready to be circulated, try it out as a short review or open up a presentation that you haven't before or save a filtered view in a spreadsheet, pick whatever features resonated most and give them a try today. As you try out new things, something else I wanted to give users a heads up about is our new in-app chat function. If you have questions as you try out these new features, use chat to connect with Workiva support experts when and where you need some help. Depending on the nature of your account, some of you might already see this. And for others, it's coming soon. Join the Workiva community to stay up-to-date on new capabilities. The community is a great resource for learning tips and tricks from other users, and it's also where we publish our release notes, which are a synopsis of all the new things we have released as they come out. To get to these release notes, navigate to the community through the little purple question mark in the bottom left corner of your editing window. Once you're there, follow the What's New category to get an e-mail digest of all our releases every 2 weeks, or follow the release notes category to get an e-mail every time we deploy new features, which is usually about 3 to 4x per week. Both of these contain the same information, they're just updated at different frequencies, follow the category for whatever makes sense for you. Last of all, share this information with your team. In the post-event email, you'll receive a link to the on-demand recorded version of this webinar. Feel free to forward it to others on your team so that you can all start using these new capabilities today. Thanks for your time today, and have a great rest of the day.