STR aimed to develop a new revenue stream by printing and dispatching documents for clients. This was a natural extension for the company, which already managed company registry data.
Alex Anastasakis, director, STR, said, “By printing and dispatching documents like Notice of Meeting booklets, proxy forms, and other industry-compliant forms, we offer a one-stop-shop to clients. The advantage for clients is that we can provide, manage, and process the documents, as well as maintaining the integrity of clients’ registry data.
“As well as sending out the forms, we can manage their return. We use scanning technology to process the forms and provide clients with daily reporting.”
In order to develop this new revenue stream, STR needed to purchase production printers capable of printing complex documents, fast and accurately.
Alex Anastasakis said, “We needed to find the right equipment at the right price, and we needed to be assured of strong support and service. As the business world moves closer towards digitising everything, the need for printed documents is expected to reduce and will eventually disappear. I estimate we have a five-to-10-year window of opportunity, so we needed to act fast.”