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Black Hills Testimonial

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Disconnected Challenges

Black Hills Corp. needed to find a comprehensive solution to streamline efforts in meeting its SEC and Investor Relations goals. The company had several departments throughout the organization creating and contributing to financial reports and needed a convenient way to manage them.

Connected Results

  • Four departments use the solution to develop reports
  • 35 departments use Wdesk to review reports
  • Move several types of reports into Wdesk
  • Gain better management over interrelated financial reports

Solutions

SEC Reporting

Industries

Energy and Utilities

 

I am sure that with the presentation package, that we will be saving time with investor relations doing that because we spend so much time taking and tying numbers and making sure that they’re correct and changed when we have a last-minute change that just having it run through with all the links will, I know, save us time.

I try to think of where Wdesk could make us more efficient, and we will go. We went out to investor relations to tell them about the product and how it can improve the process for the earnings release just for the document itself, and now they’re really excited about the presentation function. We started using Wdesk for all our 8-Ks.

We, as financial reporting, file the 8-K for the earnings release, but the governance department files 8-Ks for the anything else that we file. And they actually came to us and asked about doing the proxy. So we actually do our proxy in the system now. We now do our pension plans in the system, and that was at the request of management and some other people because we knew the system was more efficient.

I would definitely recommend Wdesk as a solution, and we have recommended it to other companies, and I’ve talked to people I know in the industry that I work in to tell them about it, and so we just—we just love Wdesk.

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