CrossCountry Consulting Announces Strategic Partnership with Workiva to Streamline Financial Reporting

Rhea-AI Summary

CrossCountry Consulting has announced a strategic partnership with Workiva (NYSE:WK), a leading cloud platform for integrated reporting. This collaboration aims to leverage CrossCountry's advisory expertise and Workiva’s advanced technology to address the complex regulatory and reporting requirements faced by clients. Workiva's platform is widely used by professionals in accounting, finance, sustainability, audit, and risk management across over 6,000 global organizations for various reporting needs, including SEC filings and ESG reporting. This partnership seeks to enhance the financial operations, risk, and audit functions of CrossCountry's clients, driving strategic insights and value at scale.

Positive

• CrossCountry Consulting's partnership with Workiva aims to streamline complex financial reporting and regulatory compliance.
• Workiva's platform is widely adopted by over 6,000 global organizations, indicating robust market acceptance and trust.
• The partnership enhances CrossCountry's service offerings, providing clients with advanced technology for better financial and operational management.

Negative

• None.

Collaboration will bring together CrossCountry’s advisory expertise and Workiva’s advanced technology to help clients navigate key regulatory and reporting requirements

MCLEAN, Va.--(BUSINESS WIRE)-- CrossCountry Consulting, a leading business advisory firm, today announced a strategic partnership with Workiva (NYSE:WK), one of the world’s leading cloud platforms for assured integrated reporting. Through this partnership, CrossCountry will be able to utilize their deep expertise in financial reporting, governance, and risk with Workiva’s solution to meet the challenging regulatory and reporting demands its clients face.

The Workiva platform simplifies complex reporting and disclosure processes, connecting data and teams, and ensuring consistency. Accounting, finance, sustainability, audit, and risk professionals at over 6,000 global organizations use Workiva for reporting and regulatory requirements such as financial and annual reports, proxy statements, other SEC filings, SOX compliance, internal audit management, ESG reporting solutions, and more.

“Our clients are increasingly looking to advanced technologies to support the transformation and optimization of their financial operations, risk and audit functions,” said Shawn Degnan, Accounting Advisory Lead at CrossCountry Consulting. “The combination of Workiva’s technology and our service expertise brings increasing value to our clients, and this partnership will enable us to provide a best-in-class solution while driving strategic insights and providing value at scale.”

CrossCountry Consulting is a leading provider of specialized finance, operations, and technology advisory services for the Office of the CFO and private equity sponsors. With a diverse client base, CrossCountry assists leading organizations in optimizing their business processes and helping them to automate manual finance and accounting processes and controls. The Workiva platform will support CrossCountry’s focus on digital finance transformation and simplifying processes for organizations of all types and sizes.

Learn more about CrossCountry Consulting.

About CrossCountry Consulting

CrossCountry Consulting is a leading provider of specialized finance, operations, and technology advisory services. As a trusted advisor to Fortune 500 companies, emerging growth market leaders, and private equity sponsors, the firm solves today’s most pressing challenges and creates present and future enterprise value through accounting and risk, technology-enabled transformation, and transaction solutions. Headquartered in Washington, D.C., CrossCountry has employees across the United States and in strategic international locations. With an unwavering commitment to providing a better experience, they are regularly recognized as a best place to work. Learn more at crosscountry-consulting.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240625518060/en/

Lea Hutchins

lhutchins@CrossCountry-Consulting.com

Source: CrossCountry Consulting

FAQ

What is the strategic partnership between CrossCountry Consulting and Workiva?

CrossCountry Consulting has partnered with Workiva to leverage Workiva's advanced cloud platform for integrated reporting, enhancing CrossCountry's advisory services.

How will the CrossCountry and Workiva partnership benefit clients?

The partnership will streamline complex regulatory and reporting requirements, providing clients with advanced technology to support financial operations, risk, and audit functions.

What kind of reporting solutions does Workiva provide?

Workiva offers solutions for financial and annual reports, proxy statements, SEC filings, SOX compliance, internal audit management, and ESG reporting.

How many organizations use Workiva's platform?

Over 6,000 global organizations use Workiva’s platform for their reporting and regulatory requirements.

What area of expertise will CrossCountry Consulting bring to the partnership with Workiva?

CrossCountry will bring deep expertise in financial reporting, governance, and risk management, enhancing the value provided to clients.