A COMPLETE DIGITAL SOLUTION

PraefectusTM
Corporate Governance Framework®

Today there is a greater focus on Corporate Governance than ever before, and this is partly due to a massive loss in capital value by many companies due to perceived or actual unethical practices.

But even when ethics are not at issue, there is an urgent need for a technique to measure a Board’s actual governance performance. Organisations require a methodology and language to achieve incremental improvement across the many dimensions that directors are appointed to oversee. This is especially important where remote directors are managing the activities of subsidiary organisations or where there is potential risk for non-executive directors.

PraefectusTM was developed to meet these needs and is now available based on
the well-established and respected Corporate Governance Framework®.

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The Value of this Innovative Software is that it:

DRIVES ACCOUNTABILITY

REDUCES VULNERABILITY OF NON-EXECUTIVE DIRECTORS

EMBEDS A CHANGED CULTURE

PROVIDES HEIGHTENED MEASURES OF ASSURANCE For the organisation’s board, executive management, and other key stakeholders


The software approach meets regulatory and governance imperatives advocated by common law, the King IV™ Report, CRISA, NOCLAR and the fiduciary responsibilities set out in Companies Act and other primary legislation. It is based on governance best practice and is not limited by specific country laws and regulations.

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Why PraefectusTM?

VISIBILITY
PraefectusTM provides a clear view of the organisation’s governance situation, clearly separating the board and management accountability and responsibility. It automatically highlights areas of concern for the board’s attention.

MEASUREMENT
PraefectusTM gives a clear assessment of the current Governance status, enables the prioritisation of resource allocation to critical issues and delivers a technique for the measurement of corporate governance improvement.

CORPORATE GOVERNANCE FRAMEWORK®
PraefectusTM comprises 32 dimensions to be measured and provides a simple ‘red, amber, green’ traffic light interface to focus attention on areas of concern. It benefits from 17 years of experience in corporate governance wedded to a deep understanding of scorecard technology.

KEY DOCUMENT MANAGEMENT
PraefectusTM delivers a means of storing and retrieving key strategic documents.

KNOWLEDGE
PraefectusTM includes an up-to-date and extensive Body of Knowledge containing papers covering the many dimensions of Corporate Governance

USER MANAGEMENT
Authorised users are linked to specific elements to assess performance. Verification of their assessment and the supporting evidence can be undertaken by internal or outside consultants.

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ACHIEVE YOUR BUSINESS OBJECTIVES

Who should use PraefectusTM?

PraefectusTM has been designed to help all Prescribed Officers fulfil their corporate governance duties accurately and efficiently. Prescribed Officers include:

  • Compliance and Ethics Officers
  • Company Directors
  • Executives
  • Governance Officers
  • Risk Management Professionals
  • Business Leaders
  • Equity Investors
  • Remote Managers
  • Government Oversight Officers

Our clients are progressive organisations who understand that corporate governance is the cornerstone of a sustainable enterprise and extends well beyond the boundaries of any individual profession, process, horizon or hierarchy.