Nii Holdings Testimonial


Shannon Davis: Prior to WebFilings we were typically filing about 3 to 4 business days in advance of the final filing deadline. There were times where we were really bumping up against that deadline because of some delays we’d experienced with the financial printer.

The WebFilings experience was word of mouth for us. I did the web demo myself and was very impressed with the product and to quote our legal rep, she said, “It’s a no-brainer.” So we decided to move forward for the 10-K and we had a great experience.

You know, the WebFilings product is very intuitive, so it’s a very user-friendly product. Once you start getting into the product and utilizing it and seeing how to maneuver from section to section and it really wasn’t more than a matter of days before you get that level of comfort. So I have a comfort level from the WebFilings product knowing that if we have a last minute change it will not be financial reporting that results in the deadline not being met because we can process the changes easily and quickly.

My favorite feature of WebFilings is that my entire team is able to get into the document at the same time and be making changes and be productive. We’re all able to actively participate and share that document and share our changes. I love the history on the side that allows you to, you know, mark something as a milestone and then go back and easily blackline the product.

Another one of my favorite features about WebFilings is the consolidated workbook, that you’re able to link multiple documents to this workbook. That’s really helped us out a lot with our earnings release process, being able to link certain numbers, you know, from the centralized workbook to multiple locations.

Our relationship with our customer success manger is very quick. Her response time is very quick. If I have a question and I shoot her an email or I call her, she’ll call or respond almost immediately. I think the consistency of having one person to work with, there’s really something to be said for that as well because it’s not a you get whoever you get type situation. You’re re explaining your situation to them. You have one person that you’re working with each quarter and that’s really a big help as well.

We’re really CPAs at heart, so it gives me a level of comfort to know that someone from WebFilings with that experience is reviewing the backbones and reviewing the taggings and making sure that everything’s gonna clear SEC. My personal perspective from the beginning was if this saves us half of the administrative IT battles that we’re fighting right now, just accessing the document, opening it up, and sharing it with other folks, I’m happy. It could have no other features and I would absolutely sign up for this because we just were at our wit’s end.

I can’t say enough good things about WebFilings and I have talked to at least three or four folks from other companies who have asked, you know, our experience. To me it’s very exciting to, you know, have been kind of on the cutting edge of that and now be able to share my experience in a very confident way with other colleagues. I have no doubts recommending it to someone else.

Read More