Hecla Discovers Dynamic Solutions with Wdesk
While Hecla brought in great success with its innovative mining processes, its old reporting processes were far from striking gold.
The previous process lacked functionality and version control, but after a demo of the External Reporting Solution from Wdesk, the company saw how easily its biggest problems could go away.
"Before Wdesk, our department sat around a table and manually recalculated all of the values in the spreadsheet that came from our accounting system," says Alan MacPhee, Controller. "And we had to do that at the worst possible times–when we were so busy."
With multiple locations in Idaho, Colorado, Mexico, and Alaska, accessibility and compatibility were crucial for successful filings. Not only did the External Reporting Solution help Hecla with filing its 10-Qs and 10-Ks, the company also used Certification to manage sub-certification processes from start to finish.
"The intangible benefits of using Wdesk are significant," Jason Heidt, Director of Accounting says. "We're simply much happier with our process now." See how Wdesk continues to bring success to Hecla by clicking here to read the case study.