BoardPortal's Capabilities Grow with New Cap Table Utility

PHILADELPHIA, March 8 /PRNewswire/ -- Document Depository Corporation further expands the features of its board management software BoardPortal with the introduction of its capitalization table utility.

BoardPortal's suite of board management tools now includes a capitalization table utility, which accurately produces and securely shares information about the current capital structure of a company. Many companies manage cap tables in spreadsheets, which are prone to error from simple mistakes. The cap table utility eliminates this problem and helps ensure that the latest information is the most accurate. The cap table utility also maintains a detailed history of financing and equity events for easy reference.

This new element of BoardPortal, like its other features, is designed to help overcome the challenges that companies with boards face. The secure organizational structure and best practice guidelines provided by BoardPortal help companies with their governance responsibilities.

"Every company faces the challenge of maintaining an accurate cap table. The addition of our new cap table utility helps our clients manage this issue and further supports DDC's goal of providing time-saving tools that promote best practices for companies with boards," said Farid Naib, Founder and CEO of DDC. "You no longer have to try and guess which spreadsheet is the right one or worry that there might be a mistake." The cap table utility is included with BoardPortal. For more information about the cap table utility or BoardPortal, contact DDC at 800.872.9394 or visit the website at www.docdep.com.

About Document Depository Corporation

DDC provides web-based applications that facilitate the workflow of important documents and automate much of the details that often cost management and board members valuable time and endless frustration.  DDC was founded in 2009 by experienced professionals from the finance and legal communities.  For more information, visit www.docdep.com.

SOURCE Document Depository Corporation