TORONTO, Feb. 3 /CNW/ - Leading analyst firm IDC has profiled BoardSuite
Corp. a secure on-demand Board portal, in its recent Private Vendor Watchlist
The IDC report outlines BoardSuite's focus on Board portal solutions for
the worldwide market. Directors, Officers, and Board Members of SME,
Not-For-Profits, and Public companies face an increasing number of competing
challenges: they have limited time and resources to spend on regulatory
compliance, yet they are under pressure from government, shareholders and
other stakeholders to increase their transparency, compliance and
accountability. BoardSuite's solution helps achieve these goals, and it does
so at no cost to the users.
"This recognition by IDC combined with our early customer adoption helps
validate the market potential and unique business model for BoardSuite's
software-as-a-service (SaaS)" said Oscar A Jofre Jr., President/CEO of
With the current tough market conditions along with the pressure for
better compliance, companies need assistance with Board management, but
without the typical expense of Board portals. Since BoardSuite does not charge
for using its software, BoardSuite is well positioned to address the needs of
resource constrained organizations.
The IDC profile analyses the BoardSuite solution and reviews key success
factors: market potential, technology/solution, corporate strategy, force
multipliers, and customers. IDC's Private Vendor Watchlist is a series of
company profiles that IDC offers to its venture capital, private equity, and
other selected financial clients.
BoardSuite's profile is published on IDC's website in Document No. 216020
Directors on Boards have significant risks and responsibilities.
BoardSuite was created to mitigate risk by providing Directors and Officers a
simple yet powerful solution to address their responsibilities surrounding
good governance and compliance.
BoardSuite Corporation operates a secure online Board portal -
BoardSuite. This portal organizes and manages critical Board related
information and tasks. Stakeholders, such as Directors and Officers, need this
organized and easily accessible information to reduce business risk and
improve governance. BoardSuite's portal achieves these goals - and at no cost
to the users.
As a no-charge, web-based service, BoardSuite cost-effectively enables
executive leadership to save time with managing Board affairs. Time better
spent improving overall business performance.
For further information:
For further information: Oscar A Jofre, President/CEO, BoardSuite(R)
Corp., Oscar.Jofre@BoardSuite.ca, (647) 258-1670 ext 102, www.BoardSuite.ca