Case Study: Flowserve achieves global efficiency in SOX and internal audit with Workiva

Flowserve streamlines SOX and audit for 500+ users with Workiva

Flowserve, a multinational industrial machinery supplier and publicly traded company, faced challenges in managing its SOX compliance and internal audit processes due to a complex global infrastructure. The company's internal audit team struggled with inefficient manual processes, ineffective collaboration across hundreds of process owners, and the use of multiple disparate systems. They sought a single, secure platform from vendor Workiva to modernize their work and bring consistency.

By implementing Workiva's platform for internal controls and audit management, Flowserve centralized its processes. The solution provided a single source of truth, enabling seamless collaboration for over 500 users and automating workflows like PBC requests and testing. This allowed the team to focus on higher-value work, significantly boosting efficiency and reliability across their global SOX and audit operations. Workiva delivered a cost-effective and robust solution that met all of Flowserve's needs.

Flowserve