Schnitzer Steel SEC Reporting Testimonial

 

Transcript

My team is focusing on accuracy on achieving the level of precision that we expect for our SEC reporting filings, allows me to really focus on where I can add the most value possible which really requires that I understand the business not just SEC reporting I understand the business. Which means steel manufacturing, our auto parts business, our metals recycling business and that’s what these excellent software tools that are embedded in Wdesk allow me to do.

I really appreciate the fact that several team members can be in the file at one time and we can actively modify, revise content. We can show each other the changes we’ve made with a quick click of a button really.

It’s all about communication and Wdesk really facilitates that because you can get in and see what somebody else is doing. That person can work on something, highlight it I think specifically MD&A is a great example of that because it’s not statistics, it’s not black and white. This is the trends and the flows of our company. This is a forward projection where our numbers have a tendency to explain where we were at.

I would highly recommend Workiva. I think that when then system came on the market it revolutionized how we did SEC reporting. It was a major leap forward and it’s left a lot of other companies scrambling to catch up and offering to my knowledge a slightly inferior product. It really brings everything in house and allows the company to own the reporting process. Which is unbelievably important in terms of time management and just security and wellbeing of the document itself. So I would say that any company that’s, especially a large company that does multiple annual filings, needs to look at Wdesk if they haven’t already.

I really appreciate the fact that several team members can be in the file at one time and we can actively modify, revise content. We can show each other the changes we’ve made with a quick click of a button really.

It’s all about communication and Wdesk really facilitates that because you can get in and see what somebody else is doing. That person can work on something, highlight it I think specifically MD&A is a great example of that because it’s not statistics, it’s not black and white. This is the trends and the flows of our company. This is a forward projection where our numbers have a tendency to explain where we were at.

I would highly recommend Workiva. I think that when then system came on the market it revolutionized how we did SEC reporting. It was a major leap forward and it’s left a lot of other companies scrambling to catch up and offering to my knowledge a slightly inferior product. It really brings everything in house and allows the company to own the reporting process. Which is unbelievably important in terms of time management and just security and wellbeing of the document itself. So I would say that any company that’s, especially a large company that does multiple annual filings, needs to look at Wdesk if they haven’t already.

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