Case Study: Radford University eliminates audit points and cuts weeks from its ACFR cycle with ClearGov

Radford University cuts ACFR reporting by at least 2 weeks with ClearGov

Radford University, a Virginia-based institution, was struggling with a highly manual and error-prone financial reporting process. Their ACFR cycle relied on a fragile Microsoft Access database and numerous Excel files, leading to audit points and a constant scramble to meet state deadlines. The university implemented ClearGov's Financial Reporting solution to modernize and automate these operations.

ClearGov replaced the outdated systems with a centralized, automated platform that auto-populates footnotes and management discussion. This implementation eliminated all prior audit points in the first year and cut at least two weeks from the reporting cycle. The ClearGov solution provided the team with greater confidence and clarity in their financial data.

Radford University