WebFilings Affirms Its Position as "No More Pencils Down!" Leader

December 8, 2011
This past quarter we have been at several conferences and events, speaking to hundreds of companies about SEC reporting. And we’re hearing loud and clear that the “pencils down” period financial reporting service providers are requiring is a big issue and concern many are facing. Typically companies are asked to be pencils down 3-5 business days, but we’ve heard from companies who were asked to comply with a 14-day pencils down period (no surprise they are a Wdesk customer now). At WebFilings, we empower our customers to say “No More Pencils Down!” with our collaborative, cloud-based, end-to-end External Reporting Solution. As evidenced in the Financial Executives Research Foundation’s (FERF) “SEC Reporting and the Impact of XBRL: 2011 Survey”, our customers agree. 96% of our customers who participated in the survey were “very satisfied” with WebFilings. In addition, WebFilings was rated by 91% of respondents as having “no pencils down” period. **Want to learn more about WebFilings “No More Pencils Down!” revolution?** Read more about our Wdesk External Reporting Solution for details on our software’s features which help our customers overcome some of the common pain points in SEC reporting - and empower them to say “No More Pencils Down!” You’ll also be able to hear from our customers about their experiences after switching to Wdesk.
Mike Sellberg

About the author

Mike Sellberg is Executive Vice President and Chief Product Officer at Workiva. He is the former EVP and CTO at iMed Studios and the former Divisional General Manager at Engineering Animation, Inc.