SANTA MONICA, Calif., Sept. 16, 2014 (GLOBE NEWSWIRE) -- Wells Compliance Group (the "Company" or "Wells Compliance"), a recently formed subsidiary of StoryCorp Consulting, a technology-based services firm supporting the financial reporting needs of small and micro-cap companies, announced today that it will be a co-sponsor of the National Investment Banking Association's Conference to be held at the Roosevelt Hotel in New York City, New York on September 15-17, 2014.
Wells Compliance, in conjunction with its parent StoryCorp Consulting, has helped dozens of publicly traded companies maintain timely and accurate filings with the SEC, and has assisted with the management of a variety of relationships and demands that come with being a public company. Wells Compliance recently released its proprietary software, Financial Accounting Compliance Technology System, or "F.A.C.T.S."
F.A.C.T.S. is a web-based solution that simplifies data gathering and eliminates the need for client entries into their accounting ledgers. The system moves the transactional data gathering function as close to the source of the transaction (or event) as possible. It obtains data and documents related to a transaction, then automatically delivers them to a queue for processing by Wells Compliance. Trained personnel who make entries into the company ledgers then analyze the data and documents. As well, with its information platform, it makes available to management, auditors and stakeholders an innovative way to truly understand their Company's real time financial condition.
"We are excited to introduce F.A.C.T.S. at the NIBA conference. Through our proprietary technology, we can benefit our clients with timely and accurate SEC reporting while eliminating much of the manual work, and can provide management with valuable, real-time financial operating metrics previously unavailable to them," said David R. Wells, Founder and CEO of Wells Compliance Group.
About the National Investment Bankers Association
NIBA was formed for the primary purpose of assisting micro/small-cap companies and providing a forum in which to present their story to sophisticated Wall Street professionals. NIBA continues to play a critical and necessary role in support of independent broker/dealer and micro/small-cap companies. This event provides a unique opportunity for broker dealers, investment bankers, fund managers, and capital market service providers to make valuable industry connections while gaining new perspectives on critical market challenges, issues and trends redefining today's dynamic and ever-evolving capital formation markets. To learn more or to register for the NIBA Conference, please visit: www.nibanet.org.
About Wells Compliance Group and StoryCorp Consulting
Wells Compliance Group is a technology-based services firm supporting the financial reporting needs of small-cap, publicly traded companies, and privately held firms whose lender, investor or shareholder base requires timely, periodic, GAAP-compliant financial reporting. StoryCorp Consulting has developed, and released through Wells Compliance, its proprietary software, Financial Accounting Compliance Technology System, or "F.A.C.T.S."
F.A.C.T.S. is a web-based solution that simplifies data gathering and eliminates the need for client entries into their accounting ledgers. The system moves the transactional data gathering function as close to the source of the transaction (or event) as possible. It obtains data and documents related to a transaction, then automatically delivers them into a queue for processing by Wells Compliance. Trained personnel make entries into the company ledgers, then analyze the data and documents. As well, with its information platform, F.A.C.T.S. makes available to management, auditors and stakeholders an innovative way to truly understand their company's real time financial condition.
Wells Compliance Group/StoryCorp Consulting is based in Los Angeles and New York, and has clients with operations on 3 continents. Services are provided on a flat fee basis for periodic reporting, and a menu basis for transition and transaction-based projects.
To receive more information visit us at www.wellscompliance.com, email at info@wellscompliance.com, or call (866) 212-6489.