Case Study: JDE Peet’s files its first annual report ahead of schedule with Workiva

JDE Peet’s files its first 200+ page annual report ahead of schedule with Workiva

JDE Peet’s, a newly formed global coffee and tea company, faced significant challenges in producing its first annual report as a public company. Their manual reporting process, reliant on Word and Excel, suffered from version control issues and data inconsistencies, introducing substantial risk. This was compounded by the new requirement to comply with the European Single Electronic Format (ESEF) mandate. To address this, they turned to the Workiva platform for its ESEF reporting and XBRL tagging capabilities.

Workiva provided a centralized platform that automated data linking, eliminating version control problems and ensuring consistency across all documents. Their solution embedded XBRL tagging directly into the reporting process and enabled easy conversion to the required XHTML format. As a result, JDE Peet’s successfully filed its first fully compliant ESEF report ahead of schedule. The team reported that updates which previously took hours were reduced to minutes, saving significant time and avoiding errors, and they are confident in the ease of future filings with Workiva.

JDE Peet’s