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Qantas Super adopts cloud-based board management system
Qantas Superannuation has signed on to the IQ Group's iqBoard solution which manages and distributes board packs via a cloud-based environment.
It is part of Qantas Super's ongoing commitment to prudential practice and overall governance, according to chief executive Jane Perry.
She said the board and its committees needed concurrent, mobile access.
"The board also wanted to ensure that our security benchmark for board communications and meeting packs continued to meet, or exceed, general prudential practice guidelines," she said.
The solution also provides significant cost savings, according to Perry, due to reductions in paper, printing and courier costs.
iqBoard has introduced an 80 per cent time-saving for pack creation and includes a disaster recovery capability within the board management area.
"The cloud-based disaster recovery capability provides us with both data and contact options, if ever required," Perry said.
"The Qantas email system is now enabled to our iPad platform, and for our board members this is very convenient."
Qantas adoption of iqBoard created the impetus for the launch of iVault, an investment document management system creating a portal for monthly and compliance reports as well as investment instructions, according to IQ Group chief executive Graham Sammells.
"The immediate productivity and collaboration gains of this solution are significant from a consumables, production and communications perspective," he said.
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