Diligent Launches Arabic Software Platform for Boards and Executives
Diligent has launched its first Arabic Portal, allowing boards and executives to receive the right information at the right time, collaborate on sensitive data securely and gain unprecedented visibility into the company to spot risks and act on opportunities. The Arabic portal aims to benefit those that use Arabic as a primary language, allowing them to navigate an intuitive interface.
Liam Healy, SVP and Managing Director at Diligent commented, “The demand for governance technology and specifically Arabic language is evolving rapidly as governance best practices become the new norm. This launch and our ongoing investments are examples of how Diligent is responding to customer feedback as well as our long-term commitment to serving the Middle East and North Africa market.”
Diligent’s board portal allows unparalleled board management with simplicity and functionality to enable effective governance and meet the demands of today’s boardroom. Used by over 19,000 organisations across 90 countries, the portal provides boards and executives with modern governance tools, allowing them to expand their reach outside the boardroom and share meeting materials in a secure environment.
“While offering modern technologies, analytics, and insights used to enhance the results and improve board governance, the platform meets international security standards and holds elite certifications on information security, ensuring sensitive files and documents always remain safe and secure. Diligent board portal software provides directors with the information they need for swifter and more informed decision-making,” the company said.
“For administrators, intuitive tools and customisable archives mean more efficient and effective information delivery supported by remote wiping if a device is lost or stolen. In today’s climate of escalating security risk and increasingly high stakes, Diligent delivers peace of mind with state-of-the-art encryption, data storage, access controls and more,” the company continued.
Corporate governance in the MENA region has evolved significantly in the past two decades, according to a recent study with Hawkamah on board best practices in the Middle East. Most respondents stated that good governance practices have resulted in improved strategic decision making and long-term sustainability. The study also shows that this trend of governance improvement has continued over the latest three-year period.
“During these ever-changing times, good governance is critical to help companies thrive and endure. While we have been working with customers in the Middle East to modernise governance, we are excited to now offer our platform in Arabic to expand those relationships,” commented Healy. “It is encouraging to see through this study that leaders view governance as more than a mere compliance exercise. Modern governance can and should be relied on as a competitive edge while advancing their missions.”
According to the research, more than half (55.6%) of regional companies stated that their governance practices had improved significantly, while a third indicate that their corporate governance journeys had shown at least some improvement during the last three years.
In the MENA region, boards schedule an average of 6.7 meetings per year. Board decisions are ultimately based on information available to board members.
Thus, board packs and their quality play a fundamental role in board effectiveness. Additionally, as organisations commit to the new principles and implement good corporate governance practices, this is an excellent opportunity to ensure that the tools and technologies in place support the processes of governance. It is crucial for boards to be equipped with the right tools to efficiently fulfil their mandate.
With an increase in paperless board meeting management solutions, board portal software facilitates secure collaboration between the board members and allows directors to execute their duties and responsibilities in a more efficient manner.
