WeConvene introduces functionality to address Earnings Call challenges
NEW YORK, July 24, 2018 /PRNewswire/ -- WeConvene the largest meeting platform for the capital markets community today announces the introduction of new functionality designed to help streamline the earnings call preparation and management process for public companies, the C-Suite, Investor Relations professionals, investors and sell side analysts.
Announcing the new earnings call features CEO Radek Barnert stated, "more than 97% of public companies host quarterly earnings calls, but publishing dial in details and waiting for participants to join without knowing who is joining, is far too reactive with no transparency for the issuer. WeConvene's new functionality makes earnings calls easy to organize but more importantly removes the anonymity prior to the event."
From today WeConvene IR platform customers (including IR Officers and IR Firms) will have the ability to:
- Create earnings call invitations which can be easily booked by invited participants;
- Publicize the earnings call to the world's largest buy side audience via Bloomberg EVTS;
- Improve participant vetting and remove attendee anonymity via a simple booking process;
- Utilize information about participants to better prepare the earnings call script and q&a responses;
- Provide a registered attendee list to the C-Suite ahead of the earnings call;
- Include meeting notes for post call analysis and discussion with the C-suite; and
- Distribute post call transcripts to participants via the WeConvene platform.
These new features will benefit buy side and sell side participants because the process for booking into the earnings call is streamlined, just like booking a restaurant, so that once booked, all details are automatically placed in the participant's calendar.
"Soon, gone will be the days where IROs fret about hosting earnings calls, managing the attendees and ensuring timely follow up. This is because a largely automated pre and post-meeting management workflow will put much more information into the hands of the IRO and their C-Suite," Barnert added. WeConvene remains the only global investor meeting platform that enables Corporate, buy side and sell side participants to offer, book and track all of their meetings with each other in real-time.
About WeConvene
WeConvene is a platform for the capital markets community focused on making the creation, distribution, marketing and execution of meetings between Analysts, Corporates, Investors, IR firms, Expert Networks and Investment Banks - efficient, easy and economically viable.
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