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Brown-Forman's Aha Moment with Wdesk for Board Reporting

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Disconnected Challenges

  • 87% reduction in the time it takes to compile the board of directors report
  • More collaborative report development process from the C-suite on down
  • More informative, consistent, and useful board of directors report

Connected Results

  • 87% reduction in the time it takes to compile the board of directors report
  • More collaborative report development process from the C-suite on down
  • More informative, consistent, and useful board of directors report

Solutions

SOX Compliance, Management Reporting, Integrated Financial Planning, Financial Reporting, Enterprise Risk Management

 

Our chief accounting officer loves it. Once he goes through and reviews it, he will @ mention us in comments so that we are alerted of things that he wants us to look at quickly. We can actually look at the report in real time and see the light on it is green. That means our chief accounting officer has reviewed that particular section. The quality of the document has been greatly improved after switching to Wdesk.

Executives at Brown-Forman love the new tool because the report is more consistent. They’re getting better information in a more consistent document. All of your charts are already created, and some months it is very chart-heavy, and there is not formatting involved. It has already been done once, so you just update the numbers and refresh the chart. It is clean. It is a simple process.

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