Dominic Jones, founder of IRWebReport.com and President of IR Web Reporting International Inc., is on a roll! (Just last week, he did a great piece on the future of news releases, as noted in my post “The Basics on Advisory Releases.”
Earlier today, he posted “Make your IR website financial tables interactive with the free Excel Web App.” I have no direct experience with the Excel tool he’s describing. BUT, it appears to provide the solution to a stubborn website challenge faced by investor relations/accounting teams that don’t have huge IT support groups.
Quick thought — with a tool of this type, companies don’t need to create a new financial supplement each quarter, they can just add columns! That’s a lot of time saved, for a lot of people, particularly when you consider the typical supplement for an insurance company can run 20-30 pages.
Plus, making information available in formats that are useful to investors is just a good idea. Thanks to Dominic for keeping us focused what’s important and aware of key tools!