Case Study: a multinational logistics company drives scalable risk insights with Workiva

Multinational Energy Company cuts risk report prep from 350 hours to minutes with Workiva

A multinational logistics company operating in over 75 countries faced challenges with its legacy, in-house risk management system, which was more of a data repository than an analytical tool. As the company grew, it needed a scalable solution from Workiva to embed risk insights into every business unit without increasing headcount.

Workiva provided a platform that automated the risk reporting process, serving as a single source of truth. This eliminated 350 hours of manual report preparation per quarter, reducing the task to minutes. The solution allowed the company's risk team to increase the number of risk insight reports by a factor of 10 or 20 and refocus their efforts on qualitative analysis and enabling decision-making across the global business.