Case Study: Lithia Motors saves dozens of hours on SOX internal controls with Workiva

Lithia Motors saves 15–20 hours a month with Workiva for internal controls

Lithia Motors, Inc., a fast-growing auto retailer with over 250 stores, faced challenges with inefficient and clunky internal controls software for its Sarbanes-Oxley (SOX) compliance. Their previous system was difficult to navigate and lacked robust testing and reporting features, leading to significant time wasted on manual processes. The company turned to Workiva for its internal controls management solution.

By implementing the Workiva platform, Lithia's internal controls team gained a user-friendly, centralized system that automated workflows and provided real-time visibility via dashboards. Workiva's solution eliminated the need to manually export data for auditors and automated evidence requests, saving the team dozens of hours. A specific control test was reduced from 250 hours to just 83 hours, and one supervisor reported saving 15-20 hours per month on status reporting alone.