Case Study: Large Banking Institution achieves 50% overtime reduction and faster statutory reporting with Workiva

Connected Statutory Reporting Saves Time and Cuts Overtime

A senior manager at a large European bank was asked to shave another six weeks off an already compressed statutory reporting cycle across some 80 entities. The existing process was disconnected, manual and overtime‑heavy, creating risks and limiting the team’s ability to add value.

The bank selected Workiva for its transparency and ability to link reports, and has begun rolling the platform out (14 of 80 entities to date) with rapid adoption. By connecting data and documents, the solution cut repetitive manual work, improved staff morale, reduced risk from late changes, and is projected to halve overtime costs while significantly shortening reporting timelines—delivering measurable time savings and strong stakeholder endorsement.