- Free Version: Available for teams of up to 10
- Pricing: Premium plan $24/month (with a free 30-day trial period)
- Platforms supported: Available on mobile app (iOS and Android) or a web-based software
SafetyCulture (iAuditor)
Why use SafetyCulture?
SafetyCulture enables you to elevate your organization’s governance standards in one place. With this all-in-one governance platform, you can tailor your strategies to your specific leadership needs—from managing risks and engaging with stakeholders to monitoring performance and gaining insights into your business operations. The platform’s real-time insights and collaborative tools helps you drive efficient governance, ensure heightened compliance, and form data-backed decisions for optimal business growth, both for small and large organizations.
Features:
- Enhance transparency in decision-making processes by sharing comprehensive reports and dashboards on actions, changes, and decisions with stakeholders
- Evaluate operational and governance risks and develop mitigation strategies using risk data from the field
- Secure sensitive compliance records and governance documents in a cloud-based repository with version and access controls
- Seamlessly transfer governance data from the SafetyCulture platform to your existing systems with the platform’s plug-and-play integrations
- Build a culture of ethics, integrity, and compliance throughout the organization with the help of training modules, issue reporting tools, and monitoring mechanisms
Why use Boardable?
Boardable is designed for board management, making it easier for people on the board to collaborate and make strategic decisions. It’s an optimal solution for organizations seeking a streamlined approach to board meetings and governance documentation.
Features:
- Meeting scheduling and agenda management
- Document sharing and version control
- Voting and decision tracking
- Free Version: Available
- Pricing: Starts at $17.99/user/month, billed annually (with a free 14-day trial period)
- Platforms supported: Web, Desktop, iOS, Android
Why use OnBoard?
OnBoard is made to streamline governance through a secure board portal that allows for faster data transfers and better collaboration. It’s designed to enhance collaboration while ensuring a high level of security for sensitive governance data.
Features:
- Meeting preparation and document distribution
- Board member evaluations and assessments
- Integration with productivity tools
- Free Version: None
- Pricing: Contact OnBoard’s sales team for pricing
- Platforms supported: Web, Desktop, iOS, Android
Why use Convene?
Convene is known for being a smart and simple platform that can increase the efficiency and productivity of board meetings, making it ideal for corporate governance. It’s an excellent choice for organizations aiming to simplify governance workflows through secure, cloud-based solutions.
Features:
- Paperless meeting preparation and execution
- Document annotation and collaboration
- Board member voting and decision tracking
- Free Version: None
- Pricing: Custom pricing
- Platforms supported: Web, Desktop, iOS, Android
Why use ContractZen?
ContractZen is designed to help digitize corporate governance processes, eliminating the need for paper and reducing human error. It excels in centralizing your systems for document management, compliance tracking, and secure collaboration, making it easier for you to focus on vital business decisions.
Features:
- Contract lifecycle management
- Document version control and e-signatures
- Task management and deadline tracking
- Free Version: None
- Pricing: Starts at $9.50/user/month, billed annually
- Platforms supported: Web, iOS, Android
Why use Veritas Alta?
Veritas Alta is an enterprise-level cloud solution designed to optimize security and performance for corporate governance data. It’s tailored for organizations handling legal and regulatory requirements, providing efficient tools for data discovery and protection.
Features:
- eDiscovery portal for corporate policies
- AI-powered data classification
- Surveillance and auditing tools
- Free Version: None
- Pricing: Contact vendor for pricing
- Platforms supported: Web
Why use Authomize?
Authomize strengthens an organization’s safeguards against identity and access threats, thereby protecting critical corporate governance data. Organizations seeking a centralized platform for access governance can greatly benefit from using this tool.
Features:
- Role-based access controls
- User provisioning and de-provisioning
- Access request and approval workflows
- Free Version: None
- Pricing: Contact vendor for pricing
- Platforms supported: Web
What is Corporate Governance Software?
Corporate governance software is a platform for facilitating and automating governance-related tasks within an organization. These powerful tools can help organizations oversee board meetings, store documents securely, and gather data to help board members and executives make decisions rooted in concrete data. They play a pivotal role in maintaining a company’s compliance with ethical and legal regulations while ensuring that operations are as efficient as possible.
Importance
Having corporate governance software can help organizations streamline their governance process. Since corporate governance is complex and requires strict security measures, especially when dealing with sensitive information, these platforms are a huge help for business leaders.
Here are 4 major benefits of using corporate governance software:
Improved Decision-Making
One of the primary advantages of implementing corporate governance software is the significant improvement in decision-making processes. The software provides real-time access to crucial operational data, enabling board members and executives to make informed choices that align with the company’s strategic goals.
Enhanced Transparency and Accountability
Transparency and accountability are critical for effective corporate governance. These platforms foster transparency by centralizing information and making it easily accessible to stakeholders. It ensures that all important documents, such as meeting agendas, minutes, and compliance reports, are stored securely and can be easily retrieved when needed.
Regulatory Compliance
Navigating through regulations can be a daunting task for businesses. Corporate governance software automates compliance monitoring, reducing the risk of legal issues and penalties. It keeps organizations up-to-date with changing regulations, ensuring they operate within the bounds of the law.
Stronger Risk Management Strategy
Effective risk management is integral to corporate governance. Corporate governance software enables organizations to identify, assess, and mitigate risks in real time, minimizing potential negative impacts on the business.
Key Features
It’s best to select governance software that works for your organization and comes with features that satisfy your industry’s unique needs. To help you get started, here are some of the key features that you need when choosing a corporate governance software platform:
- Document Management
- Board Portals
- Risk Management
- Compliance Tracking
- Policy Management
- Audit Trail and Reporting
- Communication and Collaboration Tools
- Cybersecurity Governance
Choosing the Right Software
Implementing corporate governance software can significantly enhance an organization’s ability to manage governance processes efficiently, ensure compliance, and foster transparent and ethical decision-making.
Here’s a breakdown of the corporate governance platforms mentioned above to make it easier to select the best fit for your organization:
| Corporate Governance Software | Free Version | Paid Plan | Mobile App |
| SafetyCulture | Yes | $24/user/month* | Yes |
| Boardable | Yes | $17.99/user/month* | Yes |
| OnBoard | No | Contact vendor for pricing | Yes |
| Convene | No | Custom pricing | Yes |
| ContractZen | No | $9.50/user/month* | Yes |
| Veritas Alta | No | $39/month | No |
| Authomize | No | Contact vendor for pricing | No |
* billed annually
