Workiva Simplifies SOX Compliance for AAON
May 31 2017 - 9:03AM
Business Wire
Heating and Cooling Manufacturer Uses Wdesk to
Improve Accuracy and Accountability
Workiva (NYSE:WK), a leading provider of solutions for
enterprise productivity, announces that AAON Inc. (NASDAQ:AAON)
uses the Wdesk platform to streamline its Sarbanes-Oxley Act (SOX)
and internal controls processes.
“My favorite feature in Wdesk is its data linking,” said Rebecca
Thompson, Chief Accounting Officer at Tulsa-based AAON. “Our
previous system was largely manual, so we had accuracy issues. But
with Wdesk, I don’t have to worry about missing a number somewhere
in a document or spreadsheet because all of our data is linked
together.”
“Before Wdesk, we always had issues with updating our SOX
narratives, control matrices and testing, and it was difficult to
track and review the testing,” she said. “Now, I can track the
progress of my colleagues and our outside consultant in Wdesk.”
Thompson also has better control over the process because Wdesk
permissioning enables her to grant access to selected users with a
full audit trail of every change. “This kind of control provides
accountability, so nothing slips by me that I don’t know about,”
she said.
Wdesk also has enabled AAON to reduce its reliance on outside
consultants. “As we bring more of the process owners’ reports,
documents and testing into Wdesk, we’re benefiting from many new
insights into our SOX process,” said Thompson.
Thompson also raves about Wdesk’s black-line feature and audit
trail. “It has really worked out well with our auditors. They are
able to post and close all comments directly within shared Wdesk
documents. Everyone is working on the most up-to-date version, and
I always know what has been done and what is left to do.”
The efficiencies gained with Wdesk free Thompson from tedious
administrative tasks, giving her more time to analyze data and
reports.
Thompson said AAON’s transition to Wdesk for SOX reporting was
seamless. “Workiva’s platform is intuitive, so the learning curve
is not too steep. It also helps that our customer success manager
is very responsive.”
She intends to continue transforming AAON’s paper-based
processes into digital ones. “With all of Wdesk’s excellent
features, it’s easy to see how a company could use the platform to
streamline any sort of business process,” Thompson said.
About Workiva
Workiva (NYSE:WK) delivers Wdesk, an intuitive cloud platform
that modernizes how people work within thousands of organizations,
including over 70 percent of the Fortune 500®. Wdesk helps mitigate
risk, improves productivity and gives users confidence in their
data-driven decisions. Workiva employs more than 1,200 people with
offices in 16 cities. The company is headquartered in Ames, Iowa.
For more information, visit workiva.com.
Read the Workiva blog: www.workiva.com/blogFollow Workiva on
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FORTUNE and Time Inc. are not affiliated with, and do not endorse
products or services of, Workiva Inc.
About AAON
AAON Inc. (NASDAQ:AAON) designs, manufactures and sells
semi-custom heating, ventilation and air conditioning equipment
(HVAC) for commercial and residential use. AAON is a world leader
in creating comfortable and healthy indoor environments,
efficiently, through the manufacture of premium HVAC equipment.
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version on businesswire.com: http://www.businesswire.com/news/home/20170531005103/en/
Workiva Inc.Kevin McCarthy, 515-663-4471press@workiva.com
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