Directors Desk overview
Nasdaq Directors Desk is a corporate governance and board communications software solution that enables administrators and corporate secretaries to manage, share and store documents and meeting materials efficiently.
It facilitates the exchange of information between board members and corporate executives, serving as a modern alternative to board books. It also makes collaboration more efficient with features like voting and survey sharing.
Directors Desk is suitable for a mid-size and large public, private, and non-profit organizations, as well as small businesses. The software can be suitable for a wide range of industries, including healthcare, investment banking, retail, biotech, and legal.
Product capabilities of Directors Desk
Here are all the features that give Nasdaq Directors Desk the upper edge over other alternatives.
Military-grade security and encryption
The main data centers of Directors Desk are based in Europe, the United States, and Canada, and all of them are designed with security in mind. By incorporating internet circuits, redundant power lines, and UPS configurations, maximum physical security is ensured.
Furthermore, the data centers in the United States and Europe are compliant with SSAE-16 standards, while the Canada-based centers are CSAE 3416 audited.
The software solution also incorporates two-factor authentication that ensures only registered users can access the board portal.
Centralized board management
With Directors Desk, board members are able to manage all document sharing activities through one centralized digital boardroom.
Moreover, Directors Desk provides an audit trail to track and trace key financial data, project details, and accounting records. This has simplified the record-keeping process for board members and corporate secretaries alike.
Powerful collaboration features
Directors Desk is equipped with various features that significantly improve board communications.
With voting, board members can conduct votes on key business decisions with just one click. Some users mentioned that Directors Desk makes creating and distributing surveys a simple task. Other notable features include mobile app communication, a roster that lists the contact info of each director, and online discussions.
Additionally, the Documents Briefcase functionality makes offline viewing of documents hassle-free, enabling directors to check documents on planes or in remote areas where there’s no internet access.
Convenient mobile app
Lots of users praised Directors Desk’s mobile iOS app for its functionality and ease of use. They use it to access board meeting materials from anywhere in the world, eliminating the need for hard copies.
Access controls
Board directors use Directors Desk to control access permissions for different uses down to the document level. You can specify who can view, edit, or download each file to preserve confidentiality.
Excellent customer support
Director’s Desk’s customer support team is professional and friendly. Many users claim that they were able to get their queries solved in a matter of minutes.
The company offers 24/7 phone and live rep support, as well as email support. Assistance is locally based on your country.
Document organization
Directors Desk lets you store documents in folders and specify which documents are meant for each meeting. You can also sort documents by type, size, meeting, or access.
Additionally, users pointed out that keeping meeting materials organized has made it easier for executives and board members to achieve the deliverables of the meetings and reach their goals more efficiently.
Fair pricing
There are no pricing details for the Nasdaq Directors Desk. However, since pricing is quote-based, you’ll get a customized package based on your requirements, budget, and company size, ensuring that you only pay for the features you need.
You can request a free demo of the software to introduce your team to it and validate that it meets your expectations.
In addition, you can adjust your plan down the line as your company grows and scales.
Efficient meeting planning and follow-up
Directors Desk makes it easier for board directors to schedule multiple meetings in the meeting agenda, assign tasks, and create follow-up plans to ensure that all meeting goals are met.
The software also supports virtual meetings with Zoom integrations, enabling board directors to collaborate in remote and hybrid work environments.
Main Advantages
- Excellent security. Access controls, two-factor authentication, and audit trail are the features ensuring maximum security and visibility of all actions within the board portal.
- Document sharing. Directors Desk makes sharing meetings materials convenient and secure.
- Collaboration. The software lets you conduct votes, create and share surveys, and easily collaborate with your board in real-time.
- Mobile app. Directors Desk’s mobile iOS and iPad app makes offline viewing possible on planes.
- Great support. The customer support team is cooperative, responsive, and friendly, ready to provide details on any questions 24/7.
Main Disadvantages
Steep learning curve. Directors Desk’s user interface isn’t particularly easy to get familiar with quickly.