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An enabling tool that practically implements governance in terms of King III and the new Companies Act.

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Presentation on theme: "An enabling tool that practically implements governance in terms of King III and the new Companies Act."— Presentation transcript:

1 An enabling tool that practically implements governance in terms of King III and the new Companies Act

2 Implementing King III with minimal operational disruption and with guides and automatic updates paying a monthly subscription providing practical policies, frameworks, charters, schedules & templates “So easy I could have done it myself” Independent director, large listed company YOU SAY Have you heard about it? Of course What issue comes to mind? Complicated and expensive overheads Are you compliant? We’re fine, but no… What is the hardest part? Getting to it Who do you call? Expensive auditors & lawyers What is reality? Over budget and overdue What is your ideal solution? I comment skilfully at the board meeting, make an informed decision and know King III is taken care of WE SAY Who should be compliant? Everyone, it’s good business practice Is it law? Not quite. It provides a foundation for the new Companies Act What’s easy? Taking bite sizes More staff hires? Unlikely How much would it cost? Monthly subscriptions G OVERNANCE can be done! with the people you have. with limited impact on time and operating expenses

3 Disclosure & Compliance Know you’re doing what is required Track, evidence and prove compliance Marketing Make governance a marketable asset Communicate corporate governance activities & results to your stakeholders Continuity Make governance a utility Retain knowledge & avoiding staff churn risks Audit Have what the auditors need Activity records, review & report with ease Oversight Know that people know what to do Transparent & uncomplicated management Access Keep your info at your fingertips Have your entire governance database on hand Best Practice Theory made practical - No long nights reading manuals - No expensive training courses - No expensive certification programmes Comply with King III - Simply by using GovN

4 Take the first step! “The benefits to a company of practicing good corporate governance are now well known. It can raise capital more cheaply in a world where capital is a scarce resource; when it has a downturn it will have support from its stakeholders in its turnaround attempt; its business will be more sustainable; when the board makes a wrong business judgment call – and dealing with uncertain future events it will do so – it will not be seen as a scandal but as a consequence of the risk/reward ratio involved in equity investment; and its reputation is enhanced.” MERVYN E KING SC Chairman of the King Committee on Corporate Governance in South Africa Contact us today! Gerrit van der Merwe Carolynn Chalmers T 021 – F 021 – PO Box 733, Rondebosch, 7701


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