It's a well-known fact that the production of corporate annual report and accounts documents can run into thousands of pounds - hundreds of thousands for multi-national companies. These costs are largely print and mail costs, which could be avoided by using online magazine technology.
By giving shareholders the option to receive their annual reports and other corporate communications electronically, not only are you helping the environment and your profit and loss account, you're giving your shareholders the option to access a fully-interactive document at their own convenience. Online magazine solutions like WebMags allow you to reproduce your document exactly as it would appear in hard copy, complete with page turning, zoom and search facilities, allowing your shareholders to go straight to the balance sheet or the notes to the accounts without having to handle difficult navigation.
Full colour, interactive reports can be prepared and sent without a single print-press being switched on, and AGM notices and proxy forms can be printed off, signed and sent back to the registrars as usual. You may still need to print some documents to send to shareholders without Internet access, or who prefer to receive their documents in hard copy, or to file with the relevant authorities, but your overall print and mailing bills will be reduced significantly, you will be fulfilling some of your corporate governance requirements, and improving your shareholder relations. It's an Internet marketing solution that's definitely worth considering.
To talk to us about using our bespoke online magazine software to reduce your shareholder communication costs, call us on 01423 529300 or email info@wmg.uk.com