Image-based reports are attractive to companies because they...

Image-based reports are attractive to companies because they are quick, cheap to produce and perceived as a step up from PDF blobs. However, they are extremely cumbersome to use both online and offline as they cannot meet many basic usability requirements of investors. Companies should stop using image-based reports and vendors should stop selling them, especially because there are better options available that cost the same and can be produced in the same amount of time.