A domestic knowledge-based company has designed a system for speedy corporate dividend distribution without human error.
“This system connects the company and its shareholders, allowing the shares to be deposited in shareholders' accounts without the intervention of human resources,” Abbas Talib, CEO of Arvand Hammers Group, said.
In the past, companies distributed dividends manually in capital markets and stock exchanges. Calculations were done through manual files and profits were transferred to the shareholders' accounts, the news portal of the Vice-Presidency for Science and Technology reported.
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