Case Study: Smartsheet Completes IPO Faster with Workiva

Smartsheet completes its IPO filing in 1 month with Workiva

Smartsheet, a provider of a work execution platform, faced challenges in efficiently drafting, reviewing, and filing documents for its initial public offering (IPO) and sought a better alternative to a traditional printer. The company turned to vendor Workiva and its Wdesk cloud-based platform to manage this complex, multi-party process.

By implementing Workiva's platform, Smartsheet enabled real-time collaboration between its internal teams and external legal and banking partners on the same document. This solution allowed multiple users to work simultaneously, ensuring data accuracy and controlled access. The results were significant; Smartsheet completed its first confidential filing just one month after beginning work with its advisors, a process accelerated by eliminating the wait for a printer to process changes. Workiva's solution provided both speed and precision for the IPO.

Smartsheet