To create a robust corporate governance structure, it is essential to provide the tools needed to assist your board members in their tasks. Effective tools allow you to record minutes, distribute them and keep track of meetings. You should also ensure that all relevant documents are labeled. This allows you to provide all the necessary information to your members/shareholders and provide transparency regarding how the business is managed.

You can create a board calendar online which all directors can access. This makes it easier for them to access agendas and documents prior to meetings. It will also allow you to register the resolutions that are passed during meetings and automatically create a minutes record at the end of each meeting. A good online tool can you could try here also allow you to conduct self-evaluation of your board. This is useful to assess the performance of your board and identifying areas that need improvement.

A good tool allows you to control version and data lineage. This gives you an entire view of your data. It also allows you to keep track of how data is used and controlled within your organization. Another feature of a good online tool is EDICOMLta A service offered by EDICOM which provides long-term archiving and the highest security standards to ensure secure access to your documents, offering an unquestionable value for third of the compliance process. EDICOMLta can be utilized together with invoice approval solutions to streamline the management of invoices that are received, thus reducing the client responses from suppliers, employees and times, while providing greater transparency to documents that are shared internally.