Case Study: Chicago Public Schools cuts overtime and reporting costs with Workiva

Chicago Public Schools cuts overtime by 500 hours with Workiva

Chicago Public Schools faced significant challenges with its annual financial reporting, specifically the ACFR and PAFR. The district's manual, disconnected processes led to nearly 1,000 hours of overtime, tight deadlines, and high costs from external consultants. To address this, CPS implemented the Workiva platform for its financial reporting.

By using Workiva’s connected reporting and cloud-collaborative solutions, Chicago Public Schools automated its processes. The implementation resulted in a reduction of 500 overtime hours and saved $30,000 in external professional service fees. Workiva enabled the team to complete 80% of its financial statements and finish both major reports ahead of schedule.

Chicago Public Schools