Workiva's Wdesk to Replace JLL Income Property Trust's Old Software
Workiva announced that JLL Income Property Trust (JLLIPT) and its advisor, LaSalle Investment Management, will use Wdesk to improve efficiencies throughout their accounting, finance and legal teams. JLLIPT leverages Wdesk to file reports with the U.S. Securities and Exchange Commission (SEC) and to Manage internal controls over financial reporting.
JLLIPT and LaSalle Investment Management are considering Wdesk for more processes and reports, including enterprise risk management, quarterly Controller's book schedules and executive management certifications for their board and auditors.
"We replaced our old word-processing and spreadsheet software with Wdesk, and it's a night-and-day comparison. Every one of our 150 Wdesk users see the platform as an efficiency gainer. They all think Wdesk is a slam dunk," says Pete Bucher, Senior Vice President and Portfolio Controller at LaSalle Investment Management.
Lasalle Investment Management uses Wdesk for a variety of quarterly corporate reports and company-wide fund reporting. Wdesk allowed them to control more than 80 regulatory filings, and it better aligns the accounting and legal departments. Over the past year, the company's workload has increased significantly and Wdesk is helping them to internally manage this increase. The accounting department collaborates on the same document simultaneously, tracks progress with dashboards, sends reminders to people and creates document blacklines for auditors - all through Wdesk.
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