- Why Wdesk
October 18, 2012
Filing season is a stressful and risky time for any financial professional. Why risk your sanity by putting your filing in the hands of someone else? Manage your risk by filing with Wdesk. Wdesk will help mitigate the risks associated with the worries that keep you up at night: Financial Accuracy When the information you provide is inaccurate, your shareholders are at risk. Shareholders are unable to maximize their investment, your employees' jobs are at risk, and each setback in the private sector is a big blow to the economy. Be confident your financial information is 100 percent accurate by tracing information back to its source through sophisticated data linking. Then, you will always know where your data comes from. XBRL Quality and Accuracy If the limited liability on XBRL has not yet expired for your company, it soon will. When that time comes, the accuracy of your XBRL submissions will be more important than the accuracy during the first two years of the XBRL mandate. The SEC can now begin to comment on your XBRL submissions. You can also be sued for investment decisions gone wrong that were based on those incorrect tags. WebFilings allows customers to take control of their XBRL as an integrated part of the filing process, enabling the customer to be the expert, not the financial printer. No longer is XBRL part of the endgame crunch. Filing Risk and Control Missteps can be costly and damaging to your company. When you spend hours, days, weeks, and months preparing accurate data, it's important all of your work isn't misused or miscommunicated. In times like these, there is a need for public companies to completely control the releases of their financial data. WebFilings prides itself in offering confidential financial reporting solutions that are solely in the hands of public companies. Companies use the Wdesk solution within their internal control systems to ensure reports are accurate and timely before they are submitted to the SEC. Contact a representative today to learn more about our solutions and how to reduce your risk.