# SEC and disclosure reporting for enterprise buyers: what AI models recommend, October 2026

Gane Index, October 2026 Edition. Asked as "SEC and disclosure reporting platform" and as "disclosure management software for SEC filings", six framings each, to fourteen models with search on, on behalf of an enterprise B2B company. Added to the October 2026 Edition on October 4, 2026. Page: https://www.gane.ai/index/finance/accounting/sec-and-disclosure-reporting/2026-10/enterprise

This is the permanent record of the October 2026 Edition, published October 1, 2026 and superseded since. The current standing: https://www.gane.ai/index/finance/accounting/sec-and-disclosure-reporting/enterprise/index.md

**Standing:** Workiva leads with 84% of first choices; verdict consensus. 55 first choices across the direct, paraphrase, budget and scale prompts.

## First-choice share

| Rank | Product | Share | Negative rate | Labels |
|---|---|---|---|---|
| 1 | [Workiva](https://www.gane.ai/index/finance/vendors/workiva/index.md) | 84% | 9% | 79 |
| 2 | [DFIN ActiveDisclosure](https://www.gane.ai/index/finance/vendors/dfin-activedisclosure/index.md) | 9% | 4% | 67 |
| 3 | [Toppan Merrill Bridge](https://www.gane.ai/index/finance/vendors/toppan-merrill-bridge/index.md) | 2% | 13% | 46 |
| 4 | [Certent Disclosure Management](https://www.gane.ai/index/finance/vendors/certent-disclosure-management/index.md) | 2% | 19% | 53 |
| 5 | [IRIS CARBON](https://www.gane.ai/index/finance/vendors/iris-carbon/index.md) | 2% | 11% | 28 |

Rank is by share of first choices among all 50 products named; products with the same share are tied, and the order among them carries no meaning. The table lists those with at least 10 labels.

## Each model's first choice on the direct prompt

- Claude Haiku 4.5: Workiva; alternatives DFIN ActiveDisclosure, IRIS CARBON, SAP Disclosure Management, Toppan Merrill Bridge
- GPT-5.4 mini: Workiva; alternatives DFIN ActiveDisclosure, Nasdaq Lens
- Gemini 3.5 Flash: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure, IRIS CARBON, Toppan Merrill Bridge
- Perplexity Sonar: Workiva; alternatives DFIN ActiveDisclosure
- Grok 4.20: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure, Toppan Merrill Bridge
- Mistral Small: Workiva
- DeepSeek V4 Flash: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure
- Llama 4 Maverick: Workiva; alternatives ActiveDisclosure, RERegnology ESEF
- Qwen 3.7 Flash: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure
- Kimi K2: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure
- GLM 4.7 FlashX: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure, Diligent SEC Filings
- MiniMax M2.5: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure, Toppan Merrill Bridge
- GPT-6 Luna: Workiva; alternatives DFIN ActiveDisclosure, Toppan Merrill Bridge
- Muse Glimmer 30B: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure

## Sources the answers cite

80 of 84 answers came back with a source list, from 14 of 14 models. Sites named in the most answers:

- cfoshortlist.com: 59 answers, 110 citations
- houseblend.io: 56 answers, 110 citations
- dfinsolutions.com: 42 answers, 60 citations
- gitnux.org: 39 answers, 53 citations
- worldmetrics.org: 32 answers, 65 citations
- zipdo.co: 30 answers, 42 citations
- us.fitgap.com: 30 answers, 32 citations
- grctools.net: 26 answers, 26 citations

Pages named in the most answers:

- https://cfoshortlist.com/reports/sec-reporting-software (57 answers)
- https://houseblend.io/articles/sec-filing-software-platforms-pricing-compliance (54 answers)
- https://cfoshortlist.com/reports/best-disclosure-management-software (35 answers)
- https://gitnux.org/best/sec-filing-software (33 answers)
- https://us.fitgap.com/search/disclosure-management-software/enterprise (30 answers)
- https://dfinsolutions.com/products/activedisclosure (28 answers)
- https://grctools.net/best-disclosure-management-software-for-sec-reporting (26 answers)
- https://houseblend.io/articles/netsuite-sec-reporting-workiva-activedisclosure-certent (21 answers)
- https://houseblend.io/articles/pdfs/netsuite-sec-reporting-workiva-activedisclosure-certent.pdf (18 answers)
- https://basedash.com/blog/best-financial-reporting-tools-compared-2026 (17 answers)

## Warned against

- Certent Disclosure Management: 10 of 53 labels negative. "lacks the "deepest" iXBRL automation and audit trail polish of leaders. Reviews highlight workflow rigidity for massive enterprises" (Grok 4.20, negative prompt)
- Workiva: 7 of 79 labels negative. "While generally the market leader, there was a notable incident in May 2026 where EDGAR filings were not received for about 2 hours... challenges with permission management as teams grow" (MiniMax M2.5, negative prompt)
- Toppan Merrill Bridge: 6 of 46 labels negative. "Traditional configurations of Toppan Merrill Bridge... Why to avoid/be cautious: Version Control Disasters" (Gemini 3.5 Flash, negative prompt)
- DFIN ActiveDisclosure: 3 of 67 labels negative. "Setup Complexity: Initial configuration can be difficult. Some users report occasional bugs in the XBRL tagging engine." (Qwen 3.7 Flash, negative prompt)

## Record

- Method: https://www.gane.ai/index/finance/methodology
- License: CC BY 4.0. Cite as Gane Index, October 2026 Edition, www.gane.ai/index/finance.