Frequently Asked Questions (FAQs)
1. What is electronic poll voting (E-polling)?
An e-Polling system is an electronic voting platform that allows shareholders to cast their votes during AGMs and EGMs digitally. It replaces traditional paper-based polling methods, offering a faster, more efficient, and secure way to conduct polls.
Electronic poll voting, also known as E-polling or E-voting, has risen in prominence among numerous organisations worldwide due to the integration of technology into everyday business practices. As such, E-polling is a way for businesses to efficiently conduct voting processes virtually in real-time, replacing traditional paper-based voting. This electronic method has become popular for virtual or hybrid meetings, allowing participants to securely cast their votes on various business items no matter where they are participating from.
2. What is BoardRoom's E-polling system and how does it work?
BoardRoom’s electronic polling system allows for efficient E-polling during all types of meetings or polling ballots, making the voting experience accessible and simple for all attendees. This system can easily be integrated into your workflow to make voting more convenient across online platforms and multiple sites via a hand-held poll-voting system.
Once deployed, you and your meeting participants can conveniently cast their votes using the E-polling system, which will then tally up all votes, ensuring accuracy and reducing the need for other members of the team to manually count the ballots.
3. Is BoardRoom's E-polling system secure?
Yes, BoardRoom’s E-polling system ensures your data remains encrypted and secure during all voting processes by using innovative technology that optimises your security. This guarantees the privacy of each vote and protects against unauthorized access or tampering.
4. Can shareholders participate remotely?
Yes, our e-Polling platform supports remote participation, allowing shareholders to cast their votes from any location. This is especially useful for hybrid or virtual AGMs and EGMs, ensuring accessibility and resulting in higher attendance rate.
5. What are the benefits of using BoardRoom's E-polling system?
There are many benefits to integrating BoardRoom’s E-polling system into your business, including:
- Modernising your company with innovative technology solutions
- Allowing more participants to easily join in on meeting polls and ballots in real-time, even if they are based in other locations or are unable to physically attend
- Automation of vote tallying to ensure accurate, quick results
- Extra encryption and security to keep all your votes safe and confidential
- Customisable platform that can be adjusted to your business needs
6. What devices can be used for voting?
Shareholders can vote using either dedicated handsets provided at the meeting or opt for the Bring Your Own Device (BYOD) option, such as shareholders’ smartphones, making the process convenient for all participants.
7. What are the costs associated with running a hybrid AGM using BoardRoom's e-Polling system?
The costs for running a hybrid AGM with our e-Polling system vary depending on factors such as the technology platform and webcasting partner used for the meeting. While there are expenses involved, hybrid AGMs offer significant value for companies aiming to modernize their shareholder meetings. In addition to adapting to today’s dynamic business environment, hybrid AGMs have consistently shown to enhance participation and improve the overall experience for shareholders.
Contact us for a quote to find out more.
8. Can BoardRoom’s e-Polling system handle large-scale physical or hybrid AGMs?
Yes, BoardRoom’s e-Polling system can support AGMs and EGMs of any size, including those with a large number of participants such as that of a leading bank in Malaysia. Our scalable platform is designed to meet the voting requirements of companies with extensive shareholder bases, ensuring seamless and efficient voting processes regardless of the meeting size. Additionally, we have a robust backup system in place to guarantee uninterrupted service, providing peace of mind that your voting will proceed smoothly even in the event of technical issues.