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

Gane Index, November 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 November 2026 Edition. Page: https://www.gane.ai/index/finance/accounting/sec-and-disclosure-reporting/enterprise

**Standing:** Workiva leads with 85% 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) | 85% | 6% | 77 |
| 2 | [DFIN ActiveDisclosure](https://www.gane.ai/index/finance/vendors/dfin-activedisclosure/index.md) | 11% | 4% | 69 |
| 3 | [Toppan Merrill Bridge](https://www.gane.ai/index/finance/vendors/toppan-merrill-bridge/index.md) | 4% | 6% | 49 |
| 4 | [Certent Disclosure Management](https://www.gane.ai/index/finance/vendors/certent-disclosure-management/index.md) | 0% | 14% | 50 |
| 5 | [IRIS CARBON](https://www.gane.ai/index/finance/vendors/iris-carbon/index.md) | 0% | 18% | 34 |
| 6 | [CCH Tagetik](https://www.gane.ai/index/finance/vendors/cch-tagetik/index.md) | 0% | 8% | 25 |
| 7 | [SAP Disclosure Management](https://www.gane.ai/index/finance/vendors/sap-disclosure-management/index.md) | 0% | 14% | 14 |
| 9 | [OneStream](https://www.gane.ai/index/finance/vendors/onestream/index.md) | 0% | 27% | 11 |
| 10 | [Oracle Narrative Reporting](https://www.gane.ai/index/finance/vendors/oracle-narrative-reporting/index.md) | 0% | 23% | 13 |

Rank is by share of first choices among all 68 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, Toppan Merrill Bridge
- GPT-5.4 mini: Workiva; alternatives Anaplan Disclosure Management, DFIN ActiveDisclosure, Wolters Kluwer CCH Tagetik, insightsoftware Certent Disclosure Management
- Gemini 3.5 Flash: Workiva; alternatives CCH Tagetik, DFIN ActiveDisclosure, OneStream, Toppan Merrill Bridge
- Perplexity Sonar: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure, Toppan Merrill Bridge
- Grok 4.20: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure
- Mistral Small: Workiva; alternatives ActiveDisclosure, DFIN ActiveDisclosure
- DeepSeek V4 Flash: Workiva; alternatives CCH Tagetik, DFIN ActiveDisclosure, Toppan Merrill Bridge
- Llama 4 Maverick: Workiva; alternatives Certent Disclosure Management, DFIN Solutions' ActiveDisclosure
- Qwen 3.7 Flash: Workiva; alternatives Certified Disclosure Management, DFIN ActiveDisclosure
- Kimi K2: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure
- GLM 4.7 FlashX: Workiva; alternatives CCH Tagetik, Certent Disclosure Management, DFIN ActiveDisclosure, IRIS CARBON
- MiniMax M2.5: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure
- GPT-6 Luna: Workiva; alternatives DFIN ActiveDisclosure, Toppan Merrill Bridge
- Muse Glimmer 30B: Workiva; alternatives Certent Disclosure Management, DFIN ActiveDisclosure

## 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: 66 answers, 155 citations
- houseblend.io: 54 answers, 92 citations
- dfinsolutions.com: 40 answers, 74 citations
- workiva.com: 35 answers, 61 citations
- sec.gov: 31 answers, 93 citations
- g2.com: 30 answers, 43 citations
- iriscarbon.com: 20 answers, 32 citations
- toppanmerrill.com: 15 answers, 19 citations

Pages named in the most answers:

- https://cfoshortlist.com/reports/best-disclosure-management-software (57 answers)
- https://houseblend.io/articles/sec-filing-software-platforms-pricing-compliance (47 answers)
- https://cfoshortlist.com/reports/regulatory-reporting-software (42 answers)
- https://cfoshortlist.com/reports/sec-reporting-software (40 answers)
- https://workiva.com/solutions/sec-reporting (27 answers)
- https://dfinsolutions.com/products/activedisclosure (25 answers)
- https://houseblend.io/articles/pdfs/sec-filing-software-platforms-pricing-compliance-08abc514a3c2fcc9.pdf (14 answers)
- https://dfinsolutions.com/solutions/sec-regulatory-compliance (12 answers)
- https://rankite.com/blog/best-sec-reporting-software (11 answers)
- https://g2.com/categories/disclosure-management/enterprise (10 answers)

## Warned against

- Certent Disclosure Management: 7 of 50 labels negative. "Avoid as primary for large enterprises | Mid-market tool; lacks deep enterprise features" (DeepSeek V4 Flash, negative prompt)
- IRIS CARBON: 6 of 34 labels negative. "Avoid as primary | Value play for XBRL, but insufficient for a large enterprise's full disclosure workflow" (DeepSeek V4 Flash, negative prompt)
- Workiva: 5 of 77 labels negative. "Enterprise reviews praise collaboration but also mention a learning curve and feature limitations; reviews are anecdotal, not proof of a systemic problem." (GPT-6 Luna, negative prompt)
- Arelle: 3 of 3 labels negative. "Arelle is not a full SEC filing system as it has no document workflow or user management" (Claude Haiku 4.5, negative prompt)

## Movement since October 2026

Floor: 10 points of share, measured on the calibration repeat.
Same leader: Workiva at 85%.

- DFIN ActiveDisclosure: 9% to 11%, +2. Inside the floor by 8 points · rank 2 of 68, unchanged.
- Toppan Merrill Bridge: 2% to 4%, +2. Inside the floor by 8 points · rank 3 of 68, unchanged.
- Certent Disclosure Management: 2% to 0%, −2. Inside the floor by 8 points · rank 4 of 68, unchanged.
- IRIS CARBON: 2% to 0%, −2. Inside the floor by 8 points · rank 5 of 68, unchanged.
- Workiva: 84% to 85%, +1. Inside the floor by 9 points · rank 1 of 68, unchanged.
- CCH Tagetik: 0% to 0%, ±0. Inside the floor by 10 points · rank 7 → 6 of 68.
- SAP Disclosure Management: 0% to 0%, ±0. Inside the floor by 10 points · rank 30 → 7 of 68.
- OneStream: 0% to 0%, ±0. Inside the floor by 10 points · rank 41 → 9 of 68.
- Oracle Narrative Reporting: 0% to 0%, ±0. Inside the floor by 10 points · rank 47 → 10 of 68.

## Record

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