Case Study: Wendy's streamlines SOX controls and audits with Workiva

The Wendy's Company streamlines SOX controls in 2-3 months with Workiva

The Wendy's Company, a major restaurant chain, faced significant challenges in managing its SOX compliance and internal audit processes. Its risk control matrices, test programs, and findings were all trapped in disconnected documents and spreadsheets, requiring manual updates and creating a heavy administrative burden. To overcome this fragmented and inefficient system, Wendy's turned to its existing vendor, Workiva, to implement its integrated risk solutions for internal controls and audit management.

Workiva's solution automated key administrative tasks. Its intuitive linking functionality allowed Wendy's to update a control description once, and the change was instantly pushed across all connected documents. The platform also provided real-time certification tracking with automatic reminders and powerful analytics for more targeted audits. This implementation saved precious administrative time, streamlined audit operations, and provided greater assurance, particularly for the company's extensive franchisee network.

The Wendy's Company