Case Study: Western U.S. Regional Bank avoids SEC filing burnout with Workiva

Western U.S. Regional Bank eliminates printer's correction fees with Workiva

The customer, a western U.S. regional bank, faced a significant challenge in meeting its SEC reporting deadlines without overworking its staff. The corporate controller sought a sustainable solution to file accurate 10-Q and 10-K reports efficiently and avoid employee burnout. The bank chose to implement the connected reporting and compliance solutions from Workiva to gain better control and reliability over the process.

By adopting the Workiva platform, the bank completely eliminated expensive printer's correction fees and gained the ability to make last-minute edits efficiently. The solution provided an automatic audit trail, streamlined collaboration, and allowed data to be linked and updated from a single source. The measurable results included a drastic reduction in overtime, less risk of employee burnout, and the flexibility to accommodate a diverse workforce's needs. Workiva became so ingrained in the organization that the team reported they could no longer imagine functioning without it.