Western Technology Investment: Another Satisfied Customer

September 26, 2011
Many of our customers are initially drawn to the Wdesk External Reporting Solution based on its integrated XBRL capabilities. That was the same case for Western Technology Investment (WTI), a leading provider of debt and lease financing to venture capital-backed technology companies. "When we started Wdesk, we initially had done it for the XBRL benefit knowing down the line that it was going to be a pain point for us," said Bruce Levin, Controller at WTI. "But what we like about it already is the fact that it stores historic data so we have less chance of an error and a lot less manual process..." WTI benefits not only from a more streamlined SEC reporting process, but an integrated EDGARization process, which enables WTI to automatically convert embedded spreadsheets in filings into EDGAR HTML. During the old process, WTI would have to manually re-import the spreadsheets into a file, which created concern and the opportunity for errors. Now WTI, which has multiple CIKs filed with Wdesk, can sleep easier at night knowing that Wdesk helps their reporting team stay in control of the external reporting process. Watch this customer video testimonial to hear what other benefits WTI appreciates about Wdesk External Reporting Solution.
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.