# SEC and disclosure reporting: 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 a mid-market 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

This is the permanent record of the October 2026 Edition, published October 1, 2026 and superseded since.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/index.md

**Standing:** Workiva leads with 32% of first choices; verdict contested. 63 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) | 32% | 23% | 77 |
| 2 | [Certent Disclosure Management](https://www.gane.ai/index/finance/vendors/certent-disclosure-management/index.md) | 25% | 2% | 63 |
| 3 | [DFIN ActiveDisclosure](https://www.gane.ai/index/finance/vendors/dfin-activedisclosure/index.md) | 22% | 3% | 64 |
| 4 | [IRIS CARBON](https://www.gane.ai/index/finance/vendors/iris-carbon/index.md) | 17% | 0% | 43 |
| 7 | [Toppan Merrill Bridge](https://www.gane.ai/index/finance/vendors/toppan-merrill-bridge/index.md) | 0% | 3% | 37 |

Rank is by share of first choices among all 59 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 Certent Disclosure Management, DFIN ActiveDisclosure, IRIS CARBON
- GPT-5.4 mini: Workiva; alternatives DFIN ActiveDisclosure, IRIS CARBON
- Gemini 3.5 Flash: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure, IRIS CARBON, Toppan Merrill Bridge
- Perplexity Sonar: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure
- Grok 4.20: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure, IRIS CARBON
- Mistral Small: IRIS CARBON, Workiva; alternatives Basedash, RERegnology ESEF
- DeepSeek V4 Flash: Certent Disclosure Management; alternatives DFIN ActiveDisclosure, IRIS CARBON, Toppan Merrill Bridge
- Llama 4 Maverick: DFIN ActiveDisclosure
- Qwen 3.7 Flash: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure, IRIS CARBON, Toppan Merrill Bridge
- Kimi K2: Certent Disclosure Management, DFIN ActiveDisclosure
- GLM 4.7 FlashX: Certent Disclosure Management, DFIN ActiveDisclosure; alternatives DataTracks DART, FilePoint, IDL Publisher, Workiva
- MiniMax M2.5: Workiva; alternatives ActiveDisclosure, Certent Disclosure Management, DFIN ActiveDisclosure, RDG Filings ThunderDome®
- GPT-6 Luna: DFIN ActiveDisclosure; alternatives Toppan Merrill Bridge, Workiva
- Muse Glimmer 30B: Certent Disclosure Management; alternatives DFIN ActiveDisclosure, Workiva

## Sources the answers cite

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

- cfoshortlist.com: 61 answers, 124 citations
- houseblend.io: 56 answers, 103 citations
- gitnux.org: 37 answers, 55 citations
- zipdo.co: 34 answers, 51 citations
- dfinsolutions.com: 28 answers, 42 citations
- g2.com: 28 answers, 37 citations
- sec.gov: 27 answers, 70 citations
- worldmetrics.org: 25 answers, 43 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 (52 answers)
- https://cfoshortlist.com/reports/best-disclosure-management-software (48 answers)
- https://gitnux.org/best/sec-filing-software (27 answers)
- https://houseblend.io/articles/pdfs/sec-filing-software-platforms-pricing-compliance.pdf (25 answers)
- https://zipdo.co/best/sec-reporting-software (24 answers)
- https://grctools.net/best-disclosure-management-software-for-sec-reporting (22 answers)
- https://dfinsolutions.com/products/activedisclosure (19 answers)
- https://basedash.com/blog/best-financial-reporting-tools-compared-2026 (16 answers)
- https://insightsoftware.com/solutions/sec-reporting-software (16 answers)

## Warned against

- Workiva: 18 of 77 labels negative. "Avoid: Workiva ($40K-$300K+/year) unless you have enterprise needs" (MiniMax M2.5, budget prompt)
- EDGAR: 2 of 3 labels negative. "SEC's EDGAR System - AVOID" (GLM 4.7 FlashX, negative prompt)
- DFIN ActiveDisclosure: 2 of 64 labels negative. "Proceed with caution if you plan to do extensive, fast-paced table updates directly in the tool or manage complex, in-house XBRL tagging." (Gemini 3.5 Flash, negative prompt)
- CCH Tagetik: 1 of 2 labels negative. "Avoid "EPM-Attached" Disclosure Modules (Unless Already Fully Committed)" (Gemini 3.5 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.