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MAY 21, 2023

Why digital business reports offer long-term benefits for companie

Hello everyone! Today we're talking about how digitization is changing the world of corporate reporting. It wasn't that long ago that annual and business reports were primarily heavy printed books. But times are changing. More and more companies are switching from old-fashioned produced annual reports to digital solutions, and the benefits are just too good to ignore.

Access from anywhere, at any time

Digital reports are one of those things. They're like your favorite online bookstore - open 24/7 and just a click away. You no longer have to wait for printed copies to land in your mailbox. Digital business reports can be distributed worldwide in seconds, of course if the distribution list meets the DSGVO standard ;-). This means that stakeholders can grab a cup of tea, cozy up on the couch and read the annual report whenever they want, wherever they are and, of course, on any device: from smartphone to iPad to computer. That's real convenience!

Interactivity / Interaction Design makes annual reports lively and tangible

The magic of digital annual reports lies in the possibility of interactivity. Companies can not only spice up their reports with multimedia elements such as videos, interactive infographics and storytelling, but make them highly engaging. The interactivity component is like a personal tour guide that helps you better understand the business landscape by allowing you to play with the data and try out different scenarios. It's like putting a fun, interactive spin on an otherwise routine task.

Creating digital business reports is cost-effective and affordable

Admittedly, printing, storing and mailing annual reports for large companies is logistically challenging and requires a large budget, especially if you're a large company with numerous shareholders. But with digital reports, you can cut costs dramatically. And if there are updates or corrections, you can make them immediately without having to reprint anything. It's like having an unlimited number of second chances!

Stay current with real-time updates

With digital business reports, you can keep your stakeholders updated in real time. As soon as there are milestones, challenges, or changes in strategy, you can update the reports instantly. This means your stakeholders can make decisions based on the most up-to-date data. And the good thing is: you can also publish them as iOS and Android APPs and notify them of changes in real time via push notifications.

Digital business reports help protect the environment

Switching to digital reports is also a great way to show Mother Earth some love. You'll reduce your carbon footprint by saving paper, ink and energy for printing and shipping. It's a small step, but every little bit counts toward making our world a greener place.

Libraries created digitally can be reused in the future

This is where it gets really interesting. Imagine having a digital toolbox of sorts, filled with infographics, charts, videos, templates and icons. This toolbox, which we like to call a "library of reusable digital elements," can be used over and over again when you want to create a new annual report next year, for example.

Think about it. You no longer have to start from scratch every time. Just choose from your digital toolbox, and voila - your report is ready in no time. Not only does this speed up the report creation process, but it also ensures that all your reports have a consistent look and feel, reinforcing your brand identity.

Plus, this library is not static, but evolves with your business. As your business grows and changes, you can keep adding new elements to the library, making your reports more engaging and informative over time.

Better understand your audience with analytics data

Another benefit of digital reports. They allow you to get a glimpse into the minds of your stakeholders. You can track who is reading your reports, which sections are getting the most attention, and how much time they are spending on them. With these insights, you can better align your reports and your communications strategy in the future.

So there you have it. Switching from printed to digital reports is truly a win-win situation. From ease of access, engaging interactivity and cost-effectiveness to being environmentally friendly and providing valuable insights, digital business reports deliver.

But hey, you may be asking yourself, "This all sounds great, but how do I get started?" That's where emit digital comes in as your partner.

emit digital is like your buddy, guiding you from conception to UI/UX design and development. We believe that every business has a unique story to tell, and we're here to help you tell your story in the most compelling way possible.

We work with you to design and implement engaging and interactive digital solutions that are not only visually stunning, but also easy to understand. We'll help you set up your library with reusable digital elements and show you how to make the most of them. And with our focus on real-time updates and analysis, we make sure your reports are always fresh and aligned with your stakeholders' needs.

In short, emit digital from Düsseldorf is your partner for all your digital reporting needs. So why wait? Let's take the leap into the digital world together and show everyone how great your company really is. You provide the data, and we'll bring it to life. Get in touch with us today!
We would be happy to support you with your next digital project or idea with our expertise in the development of future-proof digital solutions.
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