Case Study: National Health Investors automates trial balance reporting with Workiva

National Health Investors streamlines 4,500-account trial balances with Workiva

National Health Investors (NHI), a healthcare real estate investment trust, faced a disconnected and manual financial reporting process that was prone to errors and consumed significant time, especially when adding last-minute data. After losing a week's worth of data due to software errors, NHI sought a solution from vendor Workiva to automate its trial balance and ease reporting tensions.

By implementing Workiva's Wdesk Spreadsheets, NHI automated its financial consolidation, gaining flexibility and a robust audit trail. The solution streamlined XBRL tagging and handled large datasets seamlessly, syncing nearly 100,000 data points almost instantly. Workiva's solution saved the team valuable time, reduced stress, and replaced weeks of manual work with confidence in data integrity, allowing for more in-depth analysis and improving work-life balance for the reporting team.

National Health Investors