Case Study: FleetCor shortens statutory reporting cycles with Workiva

FleetCor slashes statutory reporting from 8-9 months with Workiva

FleetCor, a global leader in B2B payments processing, faced significant challenges with its fragmented and manual statutory reporting processes for its UK entities. These disconnected methods created time lags, extended report creation to eight or nine months, and spread resources thin. To address this, FleetCor chose to implement the Workiva platform for multi-entity financial reporting to reduce workloads and shorten reporting life cycles.

By implementing Workiva's solution, FleetCor gained direct connectivity to source files and enabled real-time collaboration with its auditors and stakeholders. Partnering with Workiva and advisory firm DHG allowed the company to slash filing timeframes significantly. The implementation led to a major decrease in reporting time and provided greater visibility into the entire statutory reporting process for leadership.

FleetCor