eSignatures offer the same legal standing as a handwritten signature. eSignatures provide a fast, secure, and accurate identification alternative for signatures, while keeping all your records compliant. This perfectly legal, markedly more secure, amazingly simple process is the frontier of
Many organizations have a comprehensive plan for managing regulated data with security, processes and policies in place to guard against leaks or intrusions, either from external parties or internal personnel (be it accidental or deliberate). How that same organization manages and secures its unregulated data can reveal its natural and cultural approach to Information Security.
Perhaps there is no better indicator for this than how the organization works with its board materials. Board-level information, often seen by only the directors and most senior managers, can be amongst the most sensitive and private information an organization has, but it is often not classed as regulated data. Its approach to how this information is stored, controlled, distributed, and kept secure can be an indicator of how unregulated data is handled across the whole of the organization.
Here at Passageways we’ve had an amazing year. We launched OnBoard for the iPhone, Windows Surface, and Android devices. We completely updated the OnBoard experience for iPads and the web. We launched OnSemble 6, retooling the design and functionality of the entire suite. We relaunched our Help Centers, were amazed by customers at Passageways University, and of course had a blast at PowWOW. It’s been a busy year.
But the holiday’s are near, and with the New Year just shy of a week away, we thought we would take stock of 2016. We wanted to take look back at the events, people, and places that made this year so remarkable. These are but a few of our favorite moments of 2016.
Kathump. Kathump. Kathump. The Grand Bank of Texas’s photocopier used to work overtime before a board meeting, cranking out reams of agendas, minutes and background for 16 members to study and scribble on.
Assistants collated, added, checked and stuffed. Then—oops, usually there was some last-minute change or addition. Reprint the board book, explain the change, mail again to the 12 members not with the $284 million-asset community bank headquartered in Dallas.
“This was a pain,” says Senior Vice President Chad Smith.
So last spring, Grand Bank purchased a license to use OnBoard, a meeting management software from a Lafayette, Ind., company called Passageways, an ICBA Preferred Service Provider of board-meeting software for community banks. Besides avoiding the time and paper waste—not to mention the ballooning postage costs—officials sought greater efficiency and security.
To many this may be a banal statistic, but it should make everyone take pause and consider its wider implications. A Harvard Business Review study showed 40% of manager’s time is spent in meetings, and a mere 38% of meetings achieve their objectives. When you compound that lost opportunity across even a small firm of 10 managers, the resulting losses stretch to $250,000 a year or $5,000 a week in unproductive meetings. At its core, this is a cultural problem that requires a cultural transformation to address.
It’s that moment of the year when things start to slow down, the night arrives earlier and earlier, and we begin to consider all the people that are responsible for our good fortune. We at Passageways would like to take stock
“We looked at a couple other pre-built solutions. Their solutions might have worked for a much smaller group or some other industry, perhaps, but not necessarily a credit union like ours. They just didn’t offer the functionality and growth potential that Passageways did.” Darlyne and her team first heard about Passageways through a client webinar. “It really helped that Passageways was affiliated with CUNA and understood the credit union movement,” Darlene said, “It’s important to partner with someone who understands what you are trying to accomplish.”
Today the Texas Bankers Association (TBA), and its subsidiary, TBA Services Company, Inc. (TBASCO), endorsed Passageways OnBoard secure digital meeting solution for bank board and committee meetings. The culmination of a four-month RFP and vetting process resulted in a unanimous vote by the TBASCO Board of Directors to endorse Passageways services.
Passageways recently launched an upgrade for the Bank of American Fork’s OnSemble Learning Management System (LMS) to solve four critical business problems. We thought we would share the success they have seen from this consulting project!
Bank of American Fork was spending time and money developing their associates with no way to track the outcome of those courses and trainings. This is particularly true of compliance training. Together, we developed a webinar/seminar tracking module to the LMS that allows the Bank to accurately report to regulators, internal hiring managers, and associates the full picture of training at the Bank.
Passageways today announced a global expansion plan with the opening of two new branch offices in Marlow, UK and Mumbai, India. Leading operations in the UK, Passageways has appointed Paul Stark, and Joy Richard was appointed to lead the India team. The international expansion aims to get Passageways board portal solution, OnBoard, in the hands of leaders in growing markets.