Introduction
Virtual general meetings (GV) are revolutionizing the way companies engage their shareholders. They are more efficient, more flexible and, above all, less expensive. At a time when companies want to reduce costs in a targeted manner and become more digital at the same time, virtual GVs are the ideal solution. But how big is the potential savings really? Here is an overview.
Table of contents
- Comparative cost savings
- Which costs are omitted?
- Additional benefits of virtual GV
- conclusion
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Comparative cost savings
A look at the figures shows the enormous savings potential:
- AGM with 150 shareholders: A traditional general meeting costs around CHF 102,100, while a virtual general meeting only costs CHF 22,200. This means an impressive cost reduction 78%.
- AGM with 500 shareholders: Physical costs amount to around CHF 202,800, while the virtual version costs just CHF 25,700. The savings are therefore a whopping 87%.
This difference shows that virtual general meetings are not only an alternative, but also a clear cost advantage.
Which costs are omitted?
The biggest savings result from the elimination of numerous “traditional” cost factors:
Infrastructure and logistics
- No room or hall rental
- No need for furniture and decoration
- Less technology for on-site video and audio transmissions
Food and care
- No catering for shareholders
- Fewer staff for admission checks and support
- No medical or emergency personnel costs
travel expenses
- Elimination of travel expenses for shareholders, boards of directors and employees
Technology and voting
- No need to rent televoting equipment
- Automated processes reduce personnel costs for reconciliation
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Additional benefits of virtual GV
In addition to financial savings, virtual general meetings offer other significant benefits:
- Time savings: Processes such as invitations, voting and logging are automated and efficient.
- Increased participation: Barrier-free, location-independent participation promotes higher shareholder participation.
- Legal certainty: Platforms such as Konsento meet all legal requirements and guarantee secure processing.
Conclusion: Virtual GVs as a cost-saving solution
With virtual general meetings, companies save up to 87% of costs, increase their efficiency and enable more flexible participation for shareholders. Konsento has already proven at over 130 general meetings that digital solutions are not only cost-effective, but also reliable and effective.
The future of general meetings is digital. Companies that rely on virtual GV benefit from massive savings and at the same time position themselves as innovative pioneers.
Find out now in a non-binding conversationhHow much your next general meeting can cost — or rather, how little!
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