BoardX offers a unified platform that automates board governance, compliance, and risk management through pre-built frameworks and real-time monitoring tools. This solution enables organizations to efficiently manage regulatory obligations, streamline meeting processes, and centralize evidence collection, significantly reducing compliance costs and implementation time.
Funding
$532.9K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Organizations face challenges in efficiently managing board governance, compliance, and risk management due to manual processes, disparate systems, and the complexity of regulatory obligations. This can lead to increased compliance costs, longer implementation times, and difficulty in centralizing evidence for audits.
Solution
BoardX offers a unified platform that automates board governance, compliance, and risk management through pre-built frameworks and real-time monitoring tools. The platform enables organizations to efficiently manage regulatory obligations, streamline meeting processes, and centralize evidence collection. BoardX provides a library of pre-built frameworks, common control targets, and automated workflows to accelerate compliance program implementation. The system facilitates continuous monitoring through control indicators and offers automated evidence collection to ensure audit readiness.
Target Audience
BoardX primarily serves organizations across various industries, including aerospace and defense, aged care, energy and utilities, financial services, healthcare, and non-profits, that require robust governance, risk, and compliance (GRC) solutions.
Features
- Secure board portal with an easy-to-use interface for streamlined board and committee meetings
- Automated policy lifecycle management, contract management, and standard operating procedure (SOP) management
- Employee portal for policy distribution and attestation tracking
- Issues management module that enables employees to self-identify and submit issues, triggering automated triage
- Pre-built frameworks for specific regulatory obligations and guidelines, including ISO 27001 and GDPR
- Automated control generation and implementation for multi-framework compliance programs
- Risk management tools for structured risk assessment, response, and mitigation
- Real-time alerts and interactive graphics for continuous monitoring of compliance and risk indicators