Scott Print director John Scott, son of co-founder Michael, became the only local representative of the $10 billion-turnover US print giant when he signed up as the licensed seller of RRD’s Venue technology in January this year.
Venue is billed as a ‘virtual data room’, and it has applications as a tool for corporate business transactions such as mergers and acquisitions.
For instance, if a business was looking to be acquired, it could deliver all the hard copies of its confidential documents, such as financial results and leases, to Scott Print, which would scan them on its Xerox fleet to create searchable PDF files.
These documents are then stored in a highly secure online portal that can only be accessed by authorised parties, such as potential buyers for the business, with the data and back-end IT services handled by RRD in Hong Kong.
The WA mining economy should create opportunities, said John Scott. “There are a whole bunch of junior mining companies and they are very active in the area of mergers and acquisitions.”
However, the first client was, in fact, based out of Sydney and Canberra, and has just re-signed for a further three-month with the Venue system.
Scott added that it was highly likely the partnership will lead to further joint ventures with the US print group.
“It is ironic that we have partnered on a non-print product but we are both well aware there are services we can use for them and services they can use us for.”
Scott said Venue was both a potentially lucrative product in its own right, as well as a strategic addition to the company’s offering.
“We are focusing on trying to be an end-to-end solution. We want to be able to scan the client’s documents, run their data room for them, print anything they need, mail anything they need mailed out. They just lodge one invoice.”
Scott Print was founded 30 years ago by brothers Michael and Dudley Scott. It now claims to run the largest digital colour fleet in Western Australia.
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