PressRelease.com Supports Compliance for Public Company Communications Amid Market Decline
Corporate communications are crucial for public companies to retain market share and support across organizational stakeholders states PressRelease.com
SARASOTA, Fla., May 29, 2020 (Newswire.com) - As investors see mixed corporate earnings and unemployment rates rise, public companies are facing the challenge of communicating well amid the crisis on both the health and economic frontlines. The crisis stemming from COVD-19 emphasizes the importance of chief financial officers and chief executive officers working together for focused leadership and a cohesive narrative to demonstrate compassion and empathy to all stakeholders.
While chief financial officers (CFO) are responsible for oversight of business activities that have financial impact from growing revenue, cost control, divesting and raising funds, and capital expenditures, they are required to carry out statutory reporting that meet regulatory compliance requirements. Furthermore, CFOs are now tasked with crisis management beyond financial obligations.
“Chief financial officers play a pivotal role in navigating the narrative and communications as companies define their response to support their customers, team, investors and stakeholders,” said Erik Rohrmann, COO at PressRelease.com “There are three tenets that all companies and CFOs should focus on now which are preparedness, empathy and fact-based communications in this business environment. Consumers rely more and more on companies to provide accurate and transparent news and response to COVID-19.”
In a recent survey by Harvard Business Publishing, organizations are adapting to the new normal and organizations are doing a good job when it comes to balancing business priorities with employee needs in this time of crisis. Similar numbers expressed confidence that they could rely on their leadership to protect their safety and the safety of their teams.
“Our distribution and communications platform supports public companies through global distribution options that were created to reach a wider financial community and meet regulatory compliance,” said Rohrmann. “The markets we serve have access to a simpler, more affordable approach for communications via press release distribution.”
PressRelease.com global financial distribution provides direct feeds to leading stock exchanges and major broker terminals such as Bloomberg and Thomson Reuters Eikon. In addition, its Public Company Press Release Distribution is transmitted to financial databases, aggregators and media outlets such as MarketWatch, Yahoo! Finance, Morningstar, CBS, ABC, FOX and NBC.
Companies who are looking to bolster their communications efforts can learn more about PressRelease.com’s global financial press releases. According to PressRelease.com, companies can save up to 30 percent by switching from other platforms like Business Wire, GlobeNewswire, and EIN Presswire. To learn more about PressRelease.com communication solutions, visit PressRelease.com.
About PressRelease.com
PressRelease.com provides simple, affordable press release distribution services to public and private companies through the most comprehensive networks and 1.8M media contacts.
Contact Information:
PressRelease.com
Media Relations
Office: 800-998-2927
Source: PressRelease.com
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