Online tools for corporate governance aiding companies in making their boardrooms more accessible and accountable. In the wake of major company collapses such as Enron and WorldCom investors, regulators, shareholders and shareholders are clamoring for more transparency and accountability from boards. To meet these demands board directors must embrace technology that allows them to manage their business more efficiently anywhere in the world.
The online board portal is a tool that has made waves in corporate governance. It provides boardroomsoftware.net an easy way to store meeting materials, including agendas as well as board books minutes, committee charters financial reports, strategic plans, and other crucial documents. The top portals offer digital workflow, which allows directors to communicate and collaborate with colleagues even if they’re not in the same room.
Other tools for governance are full corporate databases to manage the filings required by every country’s entity requirements and maintain meeting records such as minutes and resolutions, as well as consent templates and resignation templates. Some platforms allow users to flag potential conflicts of interests that they may have, and provide an opportunity to disclose the conflicts prior to board meetings and shareholder’s meetings.
Data governance software vendor Precisely offers a set of tools that include its Data360 Govern and metadata management tools, with the aim of building trust with your organization’s data assets. The tool automates the workflows of managing data, and allows you to create and implement policies. It also extracts and imports metadata from your back-end systems as well as other tools, and provides visual views of the data’s lineage.