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PRESS: DDC’s Corporate Governance Application Adds Four Clients
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Document Depository Corporation adds Four Client in August for its Corporate Governance Applicaton
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| Date Released: 09/02/2009 |
Philadelphia, PA (September 2, 2009) — Document Depository Corporation (DDC), the secure, cloud based document management platform today announced that four companies have selected its Corporate Governance application to improve their firms’ Corporate Governance functions and to help manage board activities and meetings. The firms are diverse in both function and location, and include Aline GRC (King of Prussia, PA), CFS Repair (Greenville, SC), FX Bridge Technologies (Atlanta) and UniRisX (London/ Philadelphia). DDC's Corporate Governance (CG) application, one of a series of applications from DDC, helps companies control and manage their corporate governance responsibilities while providing both companies and boards with a secure way to achieve a higher degree of transparency. The application manages and stores board materials, manages committees and boards, notifies board members of new information, and schedules and reminds members of board and committee meetings. Board members on multiple boards see a consolidated view of all their board activity. DDC’s CG application is easy to use, is a true web based app with nothing to install locally, and provides security and disaster recovery at a cost effective price, with a base fee of under $100 per month. Farid Naib, DDC’s CEO said, “It is well documented that better corporate governance leads to a valuation premium. DDC’s Corporate Governance app helps companies more efficiently manage their board and corporate governance duties by promoting best practices in corporate governance.” He added, “Once a company starts using the app, they immediately realize the time saving benefits to key C level staff and board directors, as well as the peace of mind of having a secure depository for key materials.”
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About Document Depository Corporation
DDC is dedicated to getting important documents out of email folders and filing cabinets and into cloud based applications that improve workflow efficiency. Each application targets a specific type of business use.
DDC’s initial application, Corporate Governance (CG), facilitates board material workflow and promotes best practices for boardroom management. The CG application provides email notification of new documents deposited, reminders for expiring contracts, as well as meeting reminders.
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