The Freedom to Take Control

Understanding internal controls in processes
December 17, 2012

Like many companies, Liberty Property Trust experienced stress and frustration when dealing with last-minute printer errors before filing. The day before filing their 8-K, Jeff Rendell and his financial reporting team discovered one such error that caused additional costs and headaches. It was at this same time a WebFilings sales representative offered Liberty Property Trust a product demonstration. The presentation and Wdesk features impressed Rendell and colleague Jaclyn Kelly, financial analyst.

We were blown away by Wdesk capabilities. The solution seemed to resolve many of the inefficiencies in the financial reporting process.

Jaclyn Kelly, Financial Analyst, Liberty Property Trust

Liberty switched to Wdesk in the late summer of 2011 and now files 10-Ks, 10-Qs, and completes their XBRL tagging in-house. By using Wdesk, Liberty Property Trust is able to control last-minute changes and create high-quality filings. As Kelly says, “With Wdesk, we cut four days off our quarterly report development process.” Read the full story about how this $7 billion real estate investment trust was able to take control and ensure successful filings.

Mitz Banarjee

About the author

Mitz Banarjee is the Executive Vice President and Chief Customer Officer. Over the past 10 years, he has been heavily involved with technology companies of all sizes at an operational level driving customer satisfaction and customer loyalty.