Case Study: National Grid Shortens Legal Entity Reporting Cycle with Workiva

National Grid shortens legal entity reporting for 26 entities with Workiva

National Grid, a major energy and utilities company, faced an inefficient and unreliable statutory financial reporting process across its 26 legal entities. To shorten their reporting cycle, improve data trust, and enhance collaboration, they chose the Workiva platform for multi-entity financial reporting.

Workiva provided a centralized, intuitive cloud platform that connected people, data, and processes. By implementing features like document linking and real-time commentary, National Grid automated updates across reports, drastically reduced manual work, and improved collaboration with internal teams and auditors. This resulted in a shortened reporting cycle, over 50,000 linked instances saving significant review time, and a smoother audit process even during remote work conditions.

National Grid