Skip to main content

Support Binders for Earnings Reports

Your browser doesn't support HTML5 canvas

Disconnected Challenges

  • A single system for internal and external stakeholders, including auditors, to use—which reduces processing time
  • Wdesk linking reduces the amount of manual calculations the reporting team does
  • Workflow features speed up document review and increase collaboration among team members
  • Support Binders make it easy to manage and annotate supporting documentation for its reports

Connected Results

  • A single system for internal and external stakeholders, including auditors, to use—which reduces processing time
  • Wdesk linking reduces the amount of manual calculations the reporting team does
  • Workflow features speed up document review and increase collaboration among team members
  • Support Binders make it easy to manage and annotate supporting documentation for its reports

Solutions

SOX Compliance, SEC Reporting

Industries

Banking
 

It also saves time at year-end, whenever we are putting together the annual report, and the auditors have to see it. They have to tick and tie everything out too before they issue their opinion, so if we have already done it for them, that saves all the back-and-forth.

Now with Wdesk for the internal audit function, everybody’s got a login, everybody can upload the same stuff, everybody’s got access to the same things. Our external auditors loved the fact that they could go in and see what we are doing exactly when we are doing it. Everything with them was very real time. It really helped them out by being able to see what we were putting together, when we were putting it together, and they could leave comments in there if they needed to also, which was very helpful to us, so we didn’t have the back-and-forth, running into our offices, running out of our offices, hollering at us with questions. It really was a time-saver for us and for them. They loved having the documentation right there. We also communicated with them with a share file. It was a time-saver for us not to have to upload every single little thing to the share file and for them also not to have to go in and get it out. They don’t have to search for numbers in the support. They can see where we have circled it with the tick marks or where we have made an arrow to it or something like that. It was a time-saver for everybody. They definitely noticed.

Less time for external auditors to be on-site is a money-saver for the company, obviously. Less hotels we have to pay for, less money we have to pay for their meals and everything. The more time they save, the more money we save. Everything is electronic. I mean that saves time printing, saves costs for printing, it just saves so much. It’s really great.

Online registration is currently unavailable.

Please email events@workiva to register for this event.

Our forms are currently down.

Please contact us at info@workiva.com

Our forms are currently down.

Please contact us at info@workiva.com

Thank you

A Workiva team member will follow up with you shortly.

Thank you for registering

You'll receive a confirmation email shortly.

Thank you

You are now subscribed to receive blog updates.

Back to Top