Take Your Team From Average to All-Star
There are so many reasons small is great. Small teams benefit from closer collaboration, faster feedback, and they never run out of coffee. Well, almost never. But there can also be some things that are harder if you're on a small reporting team. Use this list as a guide to turn your small reporting team from average to all-star.
- Don't let the big teams have all the fun
- Good things come in small packages
- It's okay to ask questions
Just because you're part of a small reporting team doesn't mean that you have to settle for clumsy software or a financial printer that dictates your schedule. Companies large and small are approaching SEC and SEDAR reports in a fresh way—with control, flexibility, and accuracy. Even if you're a team of one, you won't have to file alone when you have the right reporting solution to keep your team organized.
I used to say I was a one-person department. But ever since we got Wdesk, I’m no longer a one-person department. Wdesk is my partner!
— Sowmya Rajan, Director of Financial Reporting, Farmer Brothers Coffee
No matter how small, the teams that are the most successful are the ones that have a person dedicated to tagging XBRL. For teams of one, this XBRL expert might be a Wdesk Professional Services Manager, or for larger teams, it might be the responsibility of the person in the cube next to you. Either way, it's a good idea to make sure your XBRL is covered, so you can feel confident when it's time to file.
While resourcefulness is an important trait for teams of all sizes, it's important to have clear communication within your team as well as a direct channel to the other departments that you interact with.
Mike Davis, Wdesk Customer Success Expert and Community Manager, has noticed that "there seems to be a direct correlation between a team's level of communication and their success. Willingness to seek help when they need it is also key."
Be proactive so your questions can be asked, answered, and resolved efficiently.
Share these tips with the rest of your team, and you'll be on the path to successful teamwork in no time. For more ways to keep your team at its best, click here.