Online tools for corporate governance can help companies make their boardrooms accessible and accountable. In the wake of high-profile collapses of companies like Enron and WorldCom, investors, regulators and shareholders are clamoring for greater transparency and accountability from boards. To meet these demands, board directors should embrace technology that allows them to conduct their business more effectively from anywhere in the world.

The board portal on the internet is an instrument that has made waves in corporate governance. It offers an online repository for meeting materials, including agendas and board books, committee charters, minutes financial reports, strategic plans, and other important documents. The top portals also provide an electronic workflow that allows directors to easily collaborate and communicate with their colleagues even if they’re not in the same room.

Other governance technology tools include a full corporate database to manage required filings for each country’s requirements for entities and keep minutes of meetings, such as minutes and boardroomsoftware.net/strategic-planning-models-with-their-pros-and-cons resolutions, as well as consent and resignation templates. Some platforms allow users to highlight potential conflicts of interest that they might be facing and provide a form that allows them to declare these prior to meeting of shareholders and board members.

Precisely, a data governance software vendor, offers a suite that includes its Data360 Governance and metadata management tools. The goal is to foster trust with your organization’s data assets. Its tool, which includes a flexible metamodel, streamlines data governance workflows, and allows users to design and implement data policies. It also imports, and then harvests metadata from your backend systems as well as other software, and offers visual representations of the data lineage.