Diligent Boardbooks is leading a revolution in the way that fund directors view their boardbooks.
The main idea behind Diligent is to streamline and simplify the entire boardbooks process by making the books available online. The books also automatically update.
The materials are uploaded to the system before the board meetings, giving directors an opportunity to peruse them beforehand.
"Diligent gives me an opportunity to review materials before meetings, which improves performance during the meeting," William Devin
, a member AIG SunAmerica board, tells the MFWire
Another benefit of the Diligent system is the access, directors can review the books from anywhere in the world over a secure channel. Also, directors no longer have to carry around heavy books with them.
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