You’ve been operating for a long time, and you have established a company that provides you with a stable income. It’s probably time to sell your company. The decision to sell your business is a significant one isn’t taken lightly. To ensure you get the best value for your company, it’s vital to have a …
Manage your finances and documents The trust department of a financial institution is often tasked with managing a variety of important documents. This includes powers of attorney, conservatorship documents and investment portfolios, bank statements, and bill payment. All of these documents have to meet strict requirements for compliance. This means they must be tracked, and …
Online collaboration is necessary for businesses to collaborate regardless of the location. However, without secure online collaboration, sensitive data is at risk of leaking to hackers or other shady parties. The cost of a data breach is only one of many factors that demonstrate why investing in better tools for collaboration is a must. As …
The Board of Directors are expected to provide direction and oversight over a wide range of business issues. To accomplish this they must be engaged in productive tasks. This includes making decisions and completing committee work and effectively managing meetings. It also involves evaluating existing methods and introducing new ones that improve efficiency, productivity and …
The acquisition and divestiture strategy is among the most complex aspects of managing an M&A process. It is vital to constantly review assets in order to differentiate between core and noncore assets. Without a well-thought-out strategy and divestiture plan, costs of an acquisition can exceed its value by a significant margin. The cost of maintaining …
If you are doing it right investing is one of the most effective ways to build wealth. These podcasts can help you get started in the right direction. They provide an in-depth experience with professionals from the industry that will assist you in becoming a more successful investor. The podcasts cover a broad spectrum of …
The primary role of boards is consist of establishing policies, make strategic and significant decisions, and supervise the activities of the organization. A well-written policy can help a board to focus its efforts, avoid repetition of efforts, and preserve the necessary (but often thin) line between oversight and management activity. Effective boards http://www.toboardroom.com/what-is-the-contract-management-process must be …
The contract management process is the set of strategies, techniques and philosophies used by businesses to improve their contracting procedures. From ensuring that contractual obligations are fulfilled and reporting on contract data, there’s a lot that goes into managing contracts, especially once they’ve been drawn up and signed. The process of managing contracts can be …
In the course of fulfilling the duties of a fiduciary board members are exposed to a lot of confidential information. This information is often both personal and business-related. This information may include confidential discussions in the boardroom as well as strategic initiatives, potential acquisitions, legal and competitive threats and the decisions of other board members. …
How to Protect Confidential Documents for Boards of Directors Read More »
An efficient and secure workflow is an essential element of any business. Efficient processes increase productivity, enhance customer satisfaction and improve the customer experience. Secure workflows can also lower risk and safeguard data. Workflow automation tools are an effective tool for maximizing documenting, monitoring and analyzing business processes. They also offer strong security features that …
How to Implement an Efficient and Secure Workflow Read More »