Case Study: Ironwood Pharmaceuticals achieves a faster, SOX‑compliant, Excel‑friendly close with FloQast

Ironwood Pharmaceuticals Finds ‘Perfect Fit of Functionality and Simplicity’ in FloQast

Ironwood Pharmaceuticals, a publicly held, GI-focused healthcare company, faced the challenge of modernizing an entirely Excel‑based month-end close while maintaining SOX compliance and avoiding a full process reengineering. Corporate Controller Ron Silver wanted a simple-to-implement but functionally comprehensive solution that would integrate with existing workflows and improve visibility and controls.

Ironwood implemented FloQast’s Excel‑compatible SaaS close-management platform on a 21‑day rollout. The solution added automated SOX reminders and controls, real‑time approvals and notifications, and seamless Excel integration, which reduced reviewer backlogs, increased organizational visibility, sped staff onboarding, and delivered a smoother, more efficient close.

Ironwood Pharmaceuticals

Ron Silver

Corporate Controller