Board Portals Increase Freedom, Efficiency

Instead of Lugging Around Huge Packets, Directors Can View Materials from a Computer

June 16, 2008

The passage of the Sarbanes-Oxley Act dramatically increased the volume of materials corporate executives and boards have to review, and staying on top of this mountain of paperwork can be overwhelming. Board materials in the financial services industry can easily be thousands of pages long, said Marc Daniels, chief operations officer for Diligent Board Member Services. Printing all that material for every board member amounts to hours standing by the copy machine and hours of collating pages by hand - often with two or three assistants covering every surface of the boardroom table and floor with piles of paper, he said.

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