Corporate Governance Online Tools

Corporate governance online tools aiding companies in making their boardrooms more accessible and accountable. In the wake of major collapses of companies like Enron and WorldCom, shareholders, regulators and investors are clamoring for greater transparency and accountability from boards. To meet these demands, directors of useful source boards must adopt new technology that enables them to conduct their work more effectively at home or wherever they are in the world.

The electronic board portal is an application that has made waves in corporate governance. It is an online repository for meeting materials, including agendas, board books minutes, committee charters financial reports, strategic plans, and other crucial documents. The best portals also offer a digital workflow that allows directors to collaborate and communicate with their colleagues, even when they’re not in the same room.

Other governance technology tools include a complete corporate database to manage required filings for each country’s requirements for entities and maintain minutes of meetings, such as minutes and resolutions as well as consent and resignation templates. Certain platforms let users flag potential conflicts of interest that they might be facing and provide a form for them to disclose these prior to board and shareholder’s meetings.

Data governance software vendor Precisely offers a set of tools, which includes Data360 Govern and metadata management tools, all with the aim of building trust in your organization’s data assets. Its tool, which has a flexible metamodel that automates the data governance process and allows you to create and apply data policies. It also collects and imports metadata from your back-end systems and other tools, and offers visual views of data lineage.