"We had a departure (in our already lean accounting group) just prior to implementing WebFilings. We have been unsuccessful in filling that position, and with the implementation of WebFilings have been able to manage the workload, and maintain compliance with our SEC filings, which would have been a super-human task without the use of WebFilings.
I saw that first hand when we had a subsequent event (less than a week before the filing deadline) that required an adjustment that impacted the financials, multiple footnotes, and nearly all of the tables and verbiage in the MDA.
We were able to manage that change, and push it through the draft in all the necessary tables and paragraphs, and have a revised draft to the auditors in a fraction of the time such a change would usually take, and were still ready to file sooner than previous quarters because we did not have to wait to have the changes made to the Edgar draft."
Blima Tuller
Vice President of Finance
MRV Communications, Inc.
Many thanks to Blima for the use of this quote.