Case Study: Ternium achieves faster, more collaborative SEC filing with Workiva

Ternium reduces 20-F preparation time by 25% with Workiva

Ternium, a leading Latin American steel producer listed on the NYSE, faced a disconnected and chaotic SEC filing process. Their reliance on traditional word processing tools and manual email exchanges made global collaboration with internal and external teams extremely difficult. To solve this challenge and comply with the SEC's XBRL mandate, Ternium turned to the Workiva platform for its SEC reporting.

By implementing Workiva, Ternium centralized its entire filing process onto a single, collaborative platform. This solution provided a clear audit trail, real-time updates, and streamlined reviews, allowing teams across different continents to work together simultaneously. The measurable results included a 25% reduction in the time required to prepare their 20-F filing. Workiva also improved the flow of information between departments and eliminated the need for a external printer, giving the company full control up to the filing deadline.

Ternium