Governance software

Tackling deficiencies with governance software

Many organisations are trying to improve governance. This may be due to regulation in their sector or required improvements in their growth and productivity. Board portal software has a role to play in supporting the information sharing, decision making and risk management that comes with good governance.

Weak governance practices have been found to be the cause of both corporate and public organisations failings. Good governance practices help organisations weather an economic downturn or reap the rewards when the economy and market are growing. Empirical data from the OECD confirms that better governance practices will translate into tangible benefits. In the OECD research, the benefits they identified included better profitability, reduced cost of capital, and for those on the stock exchange, relative share prices and liquidity.

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