Case Study: Discovery, Inc. achieves clarity and continuity in financial reporting with insightsoftware's CxO

Discovery, Inc. Finds Clarity and Continuity in Financial Reporting Thanks to CXO

Discovery, Inc., a global media company led by CFO Gunnar Wiedenfels, faced fragmented financial reporting after a $15 billion acquisition and lacked a middle layer tying SEC/external reports to management-level P&L and cash-flow analysis. To address disconnected outputs and inefficient note-keeping, Discovery engaged CPM partner Satriun and adopted CxO from insightsoftware to modernize its reporting stack.

insightsoftware’s CxO, implemented with Satriun’s consulting support, replaced paper and PDFs with a single, digital reporting platform that integrates commentary with financial data. The result for Discovery, Inc. was a clear single source of truth (no versioning), continuous records of reports and notes, and a hands-on reporting cockpit that lets leaders drill into metrics instantly—helping the finance team focus on cash flow and support major decisions like the Scripps acquisition.

Discovery, Inc.

Gunnar Wiedenfels

Chief Financial Officer