Diligent launches Smart Book Builder to streamline board tasks

Diligent has introduced Smart Book Builder, an AI-powered tool designed to streamline the creation of board books for executives and legal professionals.

The company has integrated Smart Book Builder into its GovernAI suite of features, which are part of the Diligent One Platform. These features aim to simplify governance workflows, allowing boards, executives, and legal professionals to save time while maintaining high levels of security. The tool enables the user to create and edit board and leadership materials using previous company documents, thereby removing the need for hours of manual work.

Eric Myers, General Counsel and Corporate Secretary at ELCO Mutual Life and Annuity, commented on the benefits of Diligent's GovernAI. "As our business grows, Diligent's GovernAI capabilities have been instrumental in streamlining our governance processes, enabling us to scale efficiently while maintaining clarity, compliance, and strategic focus," he said. "It has increased our productivity in meeting preparation, saving us hundreds of hours of manual work. And it empowered our directors to engage meaningfully by synthesizing insights for more effective discussions and decision-making. I'm excited about the future enhancements within GovernAI that will continue to improve our governance workflows."

GovernAI provides various capabilities, including Smart Book Builder, to assist in producing board and leadership materials. This feature compiles and structures materials to create a first draft of meeting documents, thus reducing the workload and ensuring completeness and clarity.

Additional features include Smart Book Summary, which analyses extensive board materials, highlighting crucial insights; Smart Prep, which supplies targeted questions and insights; and Smart News, which offers relevant market and peer intelligence for enhanced decision-making.

Another feature, the Smart Legal Scanner, reviews board and leadership documents for sensitive content that might increase legal risks and requires further examination. Smart Minutes is designed to convert unstructured discussions into properly formatted minutes swiftly.

GovernAI also includes an educational and templates library aimed at equipping leadership, board members, and legal professionals with the necessary skills for overseeing AI initiatives and ensuring its use is responsible and well-governed.

Nithya Das, General Manager, Governance and Chief Legal Officer at Diligent, emphasized the significance of functioning efficiently in today's risk landscape. "In today's fast-moving risk landscape, boards must operate with agility and confidence. Diligent's GovernAI capabilities streamline governance by automating time-consuming tasks and delivering key insights from market trends, historical data, and company records—all with the highest level of security," Das stated. "With Smart Book Builder, we save executives and general counsels countless hours on the tedious yet crucial task of creating board meeting materials. By providing fast, more actionable insights, we empower leaders to mitigate risks and seize opportunities with greater precision."

GovernAI is designed for boards and leadership, incorporating over 20 years of Diligent's experience and best practices within boardrooms. The platform integrates easily into existing workflows, enhancing productivity with minimal disruption while ensuring high standards of security and confidentiality, boasting enterprise-grade security (SOC 2 Type II certification) trusted by over 25,000 customers.