Annual general meetings are an essential part that commences a direct conversation between a company’s shareholders and directors. It is beneficial for the company in several ways. But the loophole that occurs here is that most companies cannot reach out to their total audience that eventually turns out to onerous voting procedure. Virtually connecting with your shareholders will allow you to get in touch with multiple audiences from across the globe. Let’s look at what would happen next if you switch from physical to the virtual Annual General Meeting (AGM).
Why is virtual AGM Live Polling better than physical voting?
- Convenience in AGM Live Polling– Physical voting would require you to choose a location and make arrangements accordingly. Also, the voter may have to travel a long distance just to cast a vote. Well, this not the scenario when voting virtually. Thanks to advancing gadgets with which you can vote from anywhere and anytime by using your mobile phones. Hence, technology has made it convenient for voters as well.
- Quick results– Everything is digitized; hence no workforce is required. Thus, results are displayed immediately after the voting time ends. Not only that, but you also get live updates on the voting status.
- Ensured security– Insufficient information is the next step to misled mind. Some people believe that virtual meetings/votings are unsafe since there is a chance that the data and information might get leaked. Well, for a fact, all shareholders are provided with a unique login identity along with a voting system that is end-to-end encrypted. It ensures the full confidentiality of personal information.
More and more companies are switching to digitalization and virtualization due to its incredible benefits. It also makes your company look professional and expert in your respective business. Well, if you still believe that the out-dated way of organizing a meeting with only a few shareholders showing up can help your business grow, then my friend, you need a change.