Name: PensionPal
Author: PensionPal

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PensionPal is an online governance software designed to streamline board and governing body processes using the latest online and app-based technology. It caters to a wide range of organizations, from small pension schemes to large corporate boards and charities. According to the vendor, pension trustee boards, firms of pension professionals, independent trustees, corporate boards, and charities all benefit from the features offered by PensionPal.

## Key Features

**Electronic Meeting Packs**: According to the vendor, PensionPal simplifies the creation and distribution of meeting packs, allowing for seamless late changes to the agenda and document pack. Users can make notes and annotations on their meeting packs, facilitating collaboration and discussion during meetings. The system also maintains comprehensive records of past meetings, including minutes, actions, decisions, and terms of reference.

**Document Management**: PensionPal provides a structured document library, ensuring easy access to important documentation. It allows for central document filing and features document filtering and search functionality for efficient retrieval of historic documents. Document access controls ensure the appropriate level of document permissions for each user, as claimed by the vendor.

**Actions**: According to the vendor, PensionPal's action management feature consolidates actions from meetings, projects, and day-to-day activities, providing a consolidated view of all actions. It promotes accountability and transparency throughout the action management process. The system facilitates effective tracking and management of actions, ensuring timely completion.

**Decisions**: PensionPal offers a framework for rigorous and informed decision-making, as stated by the vendor. Decision-makers have secure access to complete information, including documentation, advice, and recommendations. Conflicts of interest can be identified and managed, and clear audit trails are maintained. The system enables effective decision-making at and between meetings.

**Risk Register (Coming Soon)**: According to the vendor, PensionPal's Risk Register feature provides a structured framework for identifying, monitoring, and managing risks. It allows for the live recording of risks and risk mitigation activities, ensuring proactive risk management. Comprehensive audit trails and alerts help maintain awareness and ensure timely risk reviews.

**Training (Coming Soon)**: PensionPal's training area records learning activities and identifies knowledge gaps for board members and governing bodies, as claimed by the vendor. It includes a skills matrix to assess and track skills, knowledge, and experience. The system promotes continuous learning and improvement within the organization.

**Conflicts of Interest (Coming Soon)**: According to the vendor, PensionPal's conflicts of interest feature helps identify, record, and manage conflicts of interest within boards and governing bodies. It allows for the documentation of conflicts of interest policies and individual conflicts, facilitating effective management and mitigation strategies. The feature promotes openness and transparency in conflict management.

**Member Websites (Coming Soon)**: PensionPal offers cost-effective member website solutions for pension schemes, as stated by the vendor. It includes compliance sites for sharing important documents and multi-page sites for structured content sharing. The member websites enhance communication between trustees and scheme members, ensuring transparency and accessibility of scheme information.

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ContractZen's Governance Cloud for SMBs features a board portal, entity management, contract management, virtual data rooms (VDR), and more – powered by AI. ContractZen was built to speed up operations, minimize risks, and maximize company value in due diligence situations.

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What is PensionPal?