Workiva optimization and Audit Management implementation

Project overview and objectives

A large, multi-entity machinery organization did not have a centralized ability to test and conduct internal audits. They were already using Workiva, but needed to expand their use of the platform to gain additional cross-functional efficiencies and increase ROI.

What we did

We worked closely with their team on a comprehensive design, sharing leading practice examples and templates along the way to marry their current processes with the best use of the tool.  We also collaborated with the organization’s marketing teams to ensure compliance with branding in automated reports, reviewed cross-workspace data sharing, and automated audit reporting to the fullest extent possible.

Impact

With our help, their internal audit and internal controls teams now have the ability to conduct audits in parallel with seamless data sharing and reporting. Additionally, with Workiva’s automated reporting capabilities, they now have a centralized hub for data and streamlined, automated flow into consolidated and highly critical reporting documents—such as audit committee documentation. This has created a repeatable, scalable process, supported by Workiva’s audit templates that enable consistency from one reporting period to the next.

See how Clearsulting can support your Workiva GRC Suite implementation.