Case Study: Nicholas Financial achieves faster, error-free financial reporting and SEC compliance with Donnelley Financial Solutions' ActiveDisclosure

How we helped a specialized consumer finance company accelerate financial reporting and ensure compliance

Nicholas Financial, a specialized consumer finance company with 47 branches, faced time-consuming, error-prone manual financial reporting and SEC filing while operating with a small back-office team. To solve this, Nicholas Financial partnered with Donnelley Financial Solutions and migrated from the original ActiveDisclosure to the new ActiveDisclosure to streamline reporting and ensure compliance.

Donnelley Financial Solutions implemented new ActiveDisclosure, delivering automated data linking, intelligent iXBRL tagging, and filing health checks so a small reporting team and the CFO can complete SEC filings more quickly and securely. The solution produced measurable impact — 100% error-free submissions, higher productivity, and strengthened compliance and security — freeing staff to focus on content rather than filing tasks.

Nicholas Financial

Irina Nashtatik

Chief Financial Officer