Raymond James Bank Saves Time, Increases Accuracy with Workiva for Board Reporting

Raymond James Bank is about more than just banking. Through a holistic approach to finance, they offer innovative and diversified products and services to the public and to clients of Raymond James Financial. 

Disconnected challenges:

Leadership was tasked with improving their board reporting process, looking at existing technology as a way to reduce risk and be more efficient. 

Why They Chose Workiva

• Accurate cloud platform with more governance and less process risk
• Ability to add many users and team members across the organization while maintaining security and control 
• Remote collaboration while increasing efficiency

Connected Results

• Greater accuracy through linked text and numbers across analysis and reports, instilling confidence in the board that information is reliable for making timely and data-supported decisions
• Faster reporting through the elimination of manual slide consolidation and the ability to roll frameworks into the next report
• Adopted by 95 different users across the organization allowing for streamlined processes, fewer meetings and back-and-forth emails, and increased visibility with a reduced potential for risk