Case Study: Wintrust achieves streamlined management reporting with Workiva

Wintrust FP&A Team Streamlines Management Reporting

Wintrust Financial Corporation’s FP&A team, led by Joel Macholan, faced a time-consuming, Excel-driven reporting process that produced quarterly, monthly and ad hoc management reports. Manual data collection and template distribution caused version-control problems, limited collaboration, and slowed turnaround for leadership decision-making.

By expanding Workiva beyond SEC and SOX uses into management reporting, the team linked general ledger data to cloud-based templates, enabled simultaneous editing, and used blacklines and audit trails for transparency. The change cut manual work, saved time by syncing data across documents, increased confidence in FP&A outputs, and improved visibility into revision history.

Wintrust

Joel Macholan

Vice President Financial Planning & Analysis