Every number traces to a filing. Not one is estimated.
A Fortune 500 utility's corporate strategy team was benchmarking return on equity by hand, company by company. We built a tool that pulls every number straight from SEC filings, with a link to verify each one.
The problem
The director of corporate strategy needed to benchmark return on equity across peer utility companies. The process was manual: clicking through the SEC's EDGAR website one company at a time, finding each firm's filings, pulling the figures, and building comparison spreadsheets by hand. Across 51 companies, it was slow and tedious, and it had to be redone every time the numbers updated.
He had tried Copilot first. The same pattern as the regulatory team surfaced: it wouldn't retrieve the actual source numbers. It estimated. It approximated. For benchmarking that feeds strategic planning, an approximation is worthless.
- It estimated instead of retrieved. Copilot returned plausible-looking figures it couldn't tie to a filing.
- No source, no verification. There was no way to trace a number back to the document it came from.
- Approximations don't survive strategy. Numbers that feed peer benchmarking and planning have to be exact. Close isn't usable.
Where the numbers come from
Copilot produces financial figures that look right but can't be traced anywhere. This tool shows you the XBRL tag, the filing period, and a link to the SEC document for every number. Nothing is estimated. For anyone making strategic decisions on peer benchmarking, that difference is everything.
