Why start with a 10-K?
When making a big change, it's normal to try to minimize the impact as much as possible. While the process of using Wdesk is different than other filing methods, many customers have called the transition from their old ways of reporting to Wdesk seamless. In fact, many customers have actually chosen to start using Wdesk for their 10-K filings. This may seem counterintuitive, but it made their jobs easier in the end.
#1. "I think it’s smart to start with the 10-K because then all your tagging and footnotes are done. It wasn’t as stressful as it could have been. It went so smoothly. And, we saved at least a full week in the process."
—Amanda Taylor, Senior Vice President, and SEC Reporting Manager, LegacyTexas
#2. "The ease of the product is fantastic. We were able to integrate it right before we started our financial reporting process—that was huge. It was very easy for the team to quickly pick up the application and understand how to use it. There really wasn't a big transition time to get everyone up to speed."
—Jessica O'Hagan, Director of Financial Reporting, Kilroy Realty Corp.
#3. "We were a little concerned about the timing, but it went really well."
—Tom Guerrieri, Vice President of Financial Reporting, Tanger Factory Outlets, Inc.
#4. "We started using Wdesk for our 10-K, and it was no different than if we had started with a Q. We had zero issues."
—Scott Hogan, Controller, Whitestone REIT
You heard it here first—starting with a 10-K may seem intimidating, but it actually makes a lot of sense.
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About the Author
Mitz Banarjee is the Executive Vice President and Chief Customer Officer. Over the past 10 years, he has been heavily involved with technology companies of all sizes at an operational level driving customer satisfaction and customer loyalty.