Tech News: Corporate reporting by machines
By Opinion
By Professor Louis C H Fourie
OVER the years annual reports and other disclosures have been opportunities for companies to communicate their financial health, to promote the culture and brand of the company and to engage with a full spectrum of stakeholders.
The processing of this wealth of information significantly affects the perception and participation of stakeholders in the business. After all, what investors think of a company is critical to its success.
These mandatory and voluntary reports, often consisting of hundreds of pages, became so extensive and complex, that it can take hours to read and analyse.