Case Study

Bank Avoids SEC Filing Burnout by Connecting Data

Bank Avoids SEC Filing Burnout by Connecting Data

Pages 4 Pages

Bank Avoids SEC Filing Burnout by Connecting DataConnected reporting “adopted like wildfire” The bank had used a traditional printer for SEC reporting, but manually reviewing the finished product to correct typos or update numbers was inefficient and expensive, given the bank was charged per correction. With a limited staff and no guarantee that adding people would solve the underlying challenge of complex disclosure requirements, the corporate controller sought a technology alternative. He tested the cloud solutions from Workiva and talked to other companies who were already using its connected data, reporting, and compliance solutions. The bank soon started creating, editing, and filing 10-Qs and 10-Ks within the Workiva connected reporting platform and saw immedia

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