Tuesday, February 17, 2015

File Your Extension Today!

There is still time to file an extension if you are nowhere near ready to file your financials. Once you have made the decision to go on extension, consider an SEC filer that works 24×7, including weekends, at no extra cost, to get your financials in before 5:30 pm EST at deadline on November 19th.

The process is easy. You would only need to provide your CIK and CCC codes and the agent should take care of the rest. You might not even realize that a major cause for your delay is an outdated, in-house procedure, so also consider a filer with top of the line technology for optimal results.

Many filing procedures take up to two weeks to process documents into XBRL and 24-48 hours to process XBRL changes. This could significantly stall production on your end and cause you to miss your filing deadline as a result. Also, working with a firm that employs industry veterans will ensure timely results that are SEC compliant even during rush hours.

It is also wise to research a filer that offers solutions to prevent future last minute chaos, such as a single source solution. Single source processing is the method of processing XBRL and Edgar simultaneously, cutting the overall conversion time in half. One of its many features includes a web-based and real-time editor so you are always working on the most current version, even with several reviewers in the document at once. Data linking using “FactLink” assures your changes will be made throughout the entire document, improving accuracy and reducing overall stress. Last minute changes carry over into all of your documents so you know your changes were made in the Edgar and XBRL versions at the same time.

Avoid any further delays and contact Edgar Agents today to file your extension and learn more about our services for all your filing needs.

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