Case Study: Medical Equipment Company achieves 50% reporting cost savings and faster SEC filings with Workiva

Medical Company Makes the Right Choice with Wdesk

One of the world’s largest manufacturers of technical and electronic equipment for medical professionals faced an expiring contract with its financial printer and wanted a more robust, streamlined SEC reporting solution—particularly for XBRL tagging. The reporting team conducted a year-long, disciplined review (white paper, industry benchmarking, vendor tracking and peer recommendations) before selecting Wdesk.

Wdesk delivered a cloud-based, end-to-end reporting platform that enabled in-house EDGARizing and XBRL tagging, faster reviews, and direct SEC filing. The company projects a 50% reduction in reporting costs, began filing its 10-Q and 10-K one day early, cut late-stage change time from hours to minutes, simplified training with Wdesk University, and benefited from automatic updates and strong customer support.