Our product requires no on-premise installation and support from a company's IT organization.
Rapid Startup
Our product requires little training and no IT setup. Our customers gain control of their SEC reporting process and save both time and money, almost immediately.
Accessibility
Our collaborative product is 100% web-based and can be accessed from anywhere in the world.
Availability and Reliability
Our infrastructure and platform providers, Google and Amazon, are unmatched in networking, application hosting, and data security. As a result, our application has better uptime, scalability, data redundancy, and fault tolerance than a traditional-hosted or on-premise system could provide.
Security
The cloud-based storage system we use, combined with our product security implementation, ensures that a company's SEC report information is encrypted, encoded, and distributed among multiple physical and virtual severs across geographically dispersed data centers. This eliminates common data security risks associated with physical access to data storage and networking systems.
Innovation
WebFilings doesn't have the typical overhead of managing application hosting infrastructure or on-premise installations. This means we can invest more in product features that enhance customer productivity, and deliver them faster.
CAPEX to OPEX (capital expenditures vs. operational expense)
Companies are looking at ways to move cash out of traditionally high cost IT expenditures and into run rate expenses.
Green IT
Cloud based solutions leverage economies of scale to deliver their solutions, which allows for a smaller IT footprint and thus lower energy consumption overall. From the company's perspective it immediately reduces the load on their infrastructure and is significantly greener for them.
Elasticity
The cloud infrastructure allows for customers to grow or shrink their usage as required, on demand. An example would be after M&A activity the combined companies may have significantly more people working on their SEC documents; our solution would not require any more infrastructure investment for the company.
Business Continuity
Pandemic, severe weather, or other unforeseen events will not impact the company's ability to meet their deadlines and continue business as usual. Many larger organization will have remote locations with workstations and servers setup to keep the business running during business disruptions and this solution requires no additional infrastructure on their part.