Case Study: European Technology Company achieves 50% reduction in financial reporting overtime with Workiva

How a European tech company cut financial reporting overtime by half

A rapidly growing European technology company relied on fragmented tools—Microsoft Office, a limited external reporting program, and several outside contractors—managed by about 50 reporting professionals. Manual copy‑paste, retyping and inconsistent processes made it difficult to maintain aligned, timely financial and regulatory reporting.

The company adopted Workiva’s Wdesk and scaled it to 130+ users, using roll‑forward, live data linking, automated text updates, blackline comparisons, in‑house XBRL tagging and certification dashboards. The change cut financial reporting overtime by about 50% (≈500 hours / $15,000), removed four external contractors, sped XBRL from months to days, improved audit trails and board confidence, and freed the team for more analytical work.