Case Study: Playa Hotels & Resorts unifies reporting and sustainability with Workiva

Playa Hotels & Resorts cuts close time from 10 to 4 days with Workiva

Playa Hotels & Resorts, a luxury resort operator, faced challenges with manual processes using desktop documents and spreadsheets for its IPO preparation, leading to version control issues and inefficiencies in SEC reporting and SOX compliance. To address this, they turned to vendor Workiva for its integrated reporting and internal controls management platform.

By implementing the Workiva platform, Playa unified its SEC reporting, SOX compliance, internal audit, and sustainability reporting into a single source of truth. The solution from Workiva enabled real-time collaboration for 800 users, automated processes, and provided robust controls. This resulted in a measurable time savings of 6 days, reduced the reporting close process from 10 to 4 days, and significantly improved data accuracy and transparency across all functions.

Playa Hotels & Resorts