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AES Corporation – Investor Relations Testimonial

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Disconnected Challenges

  • The team started using Wdesk for financial reporting
  • After the first quarter, it began to implement Wdesk for investor relations materials, proxy statements, and HR metrics
  • Live-linking ensures consistency across information in Qs, Ks, and presentations

Connected Results

  • The team started using Wdesk for financial reporting
  • After the first quarter, it began to implement Wdesk for investor relations materials, proxy statements, and HR metrics
  • Live-linking ensures consistency across information in Qs, Ks, and presentations

Solutions

SEC Reporting, Management Reporting, Financial Reporting

Industries

Energy and Utilities
 

So for instance, we have audit committee presentation decks and disclosure committee meetings. We started putting those documents in there as well. And we were able to leverage information that we include in our Qs and Ks into those presentation decks right into the Wdesk tool. Which allowed for us not to constantly re-enter numbers that we've entered somewhere else. And whenever a number got updated in the document, or 10-Q, or 10-K, it would automatically update in the presentations. So, we would have consistency across all of what we are presenting publicly.

Our legal department now does the proxy statements in Workiva. As well as, we have some projects ongoing now that are not really finance related, in our HR department. They have score cards that they use to score different businesses, and they produce metrics on them. So they’re working on a project right with that.

I whole heartedly endorse the use of Wdesk.

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