Case Study: i3 Verticals achieves a rapid, accurate IPO filing with Workiva

i3 Verticals Drives IPO and Financial Reporting Its Way with Workiva

i3 Verticals, a payment-processing and software company, needed a more efficient, reliable way to prepare its S-1 for an IPO and ongoing SEC reports. Facing a complex Up‑C structure and a tight “night of pricing” window to finalize pro forma figures, the finance team wanted to avoid error-prone, manual updates and the delays of relying on an external financial printer.

After a head-to-head pitch, i3 chose Workiva’s connected reporting platform for its linking capabilities, in‑house control, and counsel training. By updating the final offering price in one cell, they automatically refreshed 329 dependent figures in minutes, met the filing deadline, reduced cost and stress, and completed the IPO process smoothly.

i3 Verticals

Geoff Smith

Controller