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April 25, 2022

Board of Directors Portal: Scalability That Grows With You

When creating a successful application in a world where technology rapidly evolves, scalability is essential for board and committee members. Scalability is also a hallmark of the Govenda’s innovative board of directors portal used by companies worldwide to enhance board engagement and streamline board governance. Concepta defines scalability as a system “that doesn’t need to be redesigned to maintain effective performance during or after a steep increase in workload.” Concepta describes this workload as “simultaneous users, storage capacity, the maximum number of transactions handled, or anything else that pushes the system past its original capacity.”

When Govenda built their board portal, scalability was at the foundation of its code with building blocks consisting of unlimited users, cloud-based storage, and full-featured applications for every device. Concepta says one of the principles to scalability in software design is usage, “there shouldn’t be any artificial limits on usage; increasing it should be as simple as making more resources available to the software.” The Govenda scalable application doesn’t limit boards of directors by charging to add users, groups, and committees because the board portal can grow with the organizations it serves. Quora reports, “this scalability essentially gives you the cost function on growing the customer base.” Our customers are permitted to seamlessly grow their board governance base and document storage in the cloud’s safe, secure environment. Concepta states the second principle of scalable software is maximum stored data because “this kind of content could rise dramatically and unexpectedly.” The Govenda common document library allows for multiple file type uploads, promoting the organization and the ease of a paperless boardroom.

The Push for Paperless

Scalability also encompasses the push to move to paperless board meeting practices across both businesses and boards of directors, which is essential to increasing productivity, collaboration, and accessibility. IBM Systems Magazine says, “paperless app solutions can extend beyond the initial application to other departments, which each have unique indexing and functional requirements.” By incorporating scalable board of directors portal software to ease the paperless transition, the right document or data source is available to view or share in seconds with board administration, members, executives, investors, and the general counsel. Beyond corporate governance access, many companies use Govenda to other areas of their organizations to achieve an even greater and faster ROI. Business.com reports, “this ease of access greatly improves efficiency in a variety of contexts, such as approval workflows. And mobile, tablet or offline access translates into speed and agility.” Govenda’s board of directors portal applications are full-featured for every device, including mobile, tablet, and a web browser, to ensure information is available anytime and anywhere.

Scalable capabilities such as viewing documents offline and e-signatures are also important. IBM Systems says paperless software solutions “provide authorized access for remote users over the web or from a mobile device…e-signature solutions are also rapidly replacing wet signatures on documents for point of entry capture.” Govenda’s board of directors portal offers both offline viewing and annotating of documents and e-signatures. Security is also a consideration for going paperless with board portal software. Forbes says, “digital documents can be protected remotely via the cloud or an off-site hard drive.” Govenda stores its documents in a secure cloud with redundant managed firewalls, SSAE-18 certification, and two-factor authentication.

The Future of Scalable Applications

New app installs are projected to reach 44.5 billion in 2024 on the App Store and 139.2 billion on Google Play, reflecting growth of 45 and 65 percent over 2019’s totals, respectively. The importance of scalable apps will take precedence in development for the future. In the coming years, scalability will expand to AI (Artificial Intelligence) technology

The Govenda board of directors’ portal team of usability experts and engineers is committed to growing our board portal to suit boards’ needs for the future continuously. Quora says, “scalability is the litmus test on whether a system will stand the test of time.” When choosing a board management software solution, scalability is key to investment. Concepta adds that with scalably built software, “businesses can continue using the same software for longer because it was designed to grow along with them.”

Endless Scalability with Govenda

Govenda built its board of directors portal on a scalable infrastructure designed to expand and evolve with every company that utilizes its intuitive interface. The basis of our scalable software is our unlimited-user model. The cost of Govenda’s board management software doesn’t increase with the addition of new users. We want to support your growth, not hinder it with additional license fees or unexpected cost increases. Leverage your board portal for all of our governance needs across multiple groups and committees. Govenda seamlessly expands with you as your organization grows.  

Govenda’s board management software innovates and will stand the test of time as your company expands and evolves. Start a conversation with us to learn more about the scalable Govenda board of directors portal software and how we can help your company, board of directors, advisors, investors, and shareholders grow.

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