Case Study: TomTom achieves faster, more accurate financial reporting with Workiva

TomTom Navigates Financial Reporting with Workiva

TomTom, a leading independent location-technology company, faced slow, manual financial reporting that forced the team to copy numbers across Word, Excel, and presentations, limiting their ability to analyze results. When Megan Daniell, External Financial Reporting Manager, joined, she prioritized improving efficiency and accuracy—challenges made more acute by remote work during the COVID‑19 outbreak.

By adopting Workiva for annual and quarterly reporting, TomTom created a single source of truth that links data across documents and enables real‑time collaboration. The result: dramatically faster, more accurate reports (including one of their quickest cycles in Q1 2020 completed before the deadline without overtime), greater confidence in figures, more time for analysis, and plans to expand Workiva to ESEF reporting.

TomTom

Megan Daniell

External Financial Reporting Manager