Case Study: National Health Investors achieves automated trial balance and faster, more flexible financial reporting with Workiva Wdesk Spreadsheets

National Health Investors - Customer Case Study

National Health Investors (NHI), a $3 billion healthcare real estate investment trust with just 14 employees, relied on a five‑person accounting team that struggled with a manual, time‑consuming financial reporting process built in Excel and Word. Exporting trial balances from the GL and consolidating statements was inflexible and error‑prone, especially when closing deals near quarter‑end that could add many properties and accounts.

NHI implemented Wdesk Spreadsheets to automate consolidation, importing account‑level trial balance data earlier in the process and keeping information in a granular, linked environment. The solution delivered lightning‑fast, accurate syncs across large datasets (4,500 accounts × 22 periods ≈ 100,000 data points), robust cross‑sheet formulas, easier last‑minute changes and meaningful time savings that allowed the team to do more analysis and consider expanding Wdesk use.

National Health Investors

Joe Wakham

Financial Reporting Manager