Corporate boards of directors face the same liability exposure as mutual fund directors and many of the same work process concerns. Although a single director may sit on multiple boards, each board generally serves a single company. At this time corporate boards are generally facing pressure for increased transparency and improved governance standards, but there are no mandated independence requirements for a percentage of board members or the chairman.
Still, Board members are being asked to do more work. Reviews must be more thorough, so the strategy of supplying a large amount of information via board books with short lead times leaves an unacceptably short amount of time for review. White River Software now makes it easy to manage the process. Where our competitors have focused on the board book, our process driven software allows your board to operate more efficiently.
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