Seven Reasons To Outsource Your IR Web Site

Overview: Getting the most value out of one’s Investor Relations services and maintaining tight control over the IR budget is a dilemma faced by all publicly traded companies and because of this, evaluating the “build it in-house” versus “outsource” decision is becoming a routine event. According to a recent study conducted by Hewitt Associates, 90% of the 500 CFOs surveyed believe outsourcing enhances shareholder value. Seventy percent reported that they had decided to outsource to tap outside sources of talent or expertise that did not exist within their firm. Due to economic conditions, interest in outsourcing continues to grow. “As companies face increasing competitive pressures, they are searching for ways to remain focused, flexible, and technologically competent,” Thus in context of all this, need is being felt by corporates to outsource their IR website. The article lists seven compelling reasons for outsourcing IR Web site. They are - free up internal resources, meet investor demands, provide a tangible ROI, control your message, access state-of-the-art technology, reach your investors, and leverage outside expertise.

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Format: PDF | Size: 71KB | Date: Jan 2003 | Pages: 5