Relative Hyperlinks are not saved correctly
 

Users of Office 2003 have trouble getting relative hyperlinks to work
correctly for users of earlier versions of office. The links have to be
re-established in earlier versions office on a separate storage medium for
users of older software. User must manually set the file location for each
link and disable "update links on save". This is quite time consuming for my
CFO in producing monthly reports. Any suggestions?