Feedback from the executive team has been tremendous. Everything we have is in Workiva, and it has literally been a game-changer for us because of this."Īdditionally, the quarterly sub-certification and foreign sales questionnaires are completed within Workiva. We do all of our PBCs, walkthrough phases, and population requests in Workiva. "I don't know what we would be doing right now without Workiva," said Nancy. And, her team of eight spent an average of 30 hours per control.
"Even just from the legacy commercial side," she said, "every time we tested, we were using Excel spreadsheets for 200 controls, and each one of them sometimes had up to five tests."Īll totaled, there were about 2,500 different Excel files, over 25 business units, plus time tracking, plus shared drive management, plus receiving and sending each file by email.
Cornerstone is divided into two halves-commercial and residential-with legacy elements from the commercial and residential components of the premerger companies. Workiva: "A game-changer"īefore Workiva, Cornerstone's situation was complex at best, said Nancy. She had less than 10 months to fully implement a new, combined SOX program-which included documented process narratives, walkthroughs, and all control testing. She quickly realized this solution was the only path forward to harmonize two disparate control programs. "That, to me speaks volumes, when I have an audit committee member coming to me and saying, 'You really need to look at Workiva,'" she said.Īfter onboarding Workiva, the efficiencies Nancy saw with the platform were incredible. Looking back on the situation, Nancy knew Workiva was the right choice. As a board member and former CFO of a company using Workiva, he recognized the potential of the platform for Cornerstone, who was still juggling hundreds of Microsoft® Excel and Word files at the time. Nancy was first tipped toward Workiva by an unlikely source-one of her audit committee members. For Nancy Jordan, VP of Internal Audit for Cornerstone, the merger was also the perfect opportunity to cement Workiva in the new organization's risk function.
Whenever organizations merge to create a new entity, efficiencies and redundant functions are given tight scrutiny. Cornerstone Building Brands (Cornerstone), the largest manufacturer of exterior commercial and residential building products in North America, was created through the merger of NCI Building Systems and Ply Gem and continues to grow through acquisitions.