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The term proxy refers to asking another member to vote on your behalf. A proxy vote is a ballot cast by one person or firm for a company’s shareholder meeting. The designated proxy will cast a proxy vote in line with the shareholder’s directions.
Most organisations satisfy the proxy requirements by sending out the proxy ballot to their members and requesting the forms to be sent through either via email or post. At times, this manual process is prone to errors, that leads to cost more time and effort.
At Vero Voting, we created a system that can simplify management that made it more accessible to board members by taking the whole process online. This would enable voters to register, add their proxy and lodge their votes.
Prepares formal documentation for assistance with voting. Distribute unique logins for each member.
Register login information on Vero. Then, select if they can or cannot attend the meeting.
If they cannot attend, the member will be forwarded to the proxy form where they can choose to appoint the chair or enter a proxy name. They will then have the voting decision if they wish to “direct” the appointed proxy holder to vote a certain way.
Produce the voting results in real-time and apply all the proxy voting rules which includes weighting, share classifications, and voter rights automatically.
Vero Voting is Australia’s trusted, innovative leader in voting management. Our bespoke voting solutions can save you time and resources, and ensure your vote is conducted to meet any governance requirements. Just ask our global clients across every industry.
Online voting providers have all the security features, such as end-to-end encryption and anonymity.
Certainly, choosing an electronic voting system provider is a better choice than the manual process. It eases managing the complex voting process and gives a pleasant experience for both voters and administrators. Through the use of our voting system, casting votes are now made easier, cost effective, and ensure high rates of voter turnout.
It was great! Thanks so much for your support getting us through our first virtual AGM.
It’s been absolutely great working with you. We’ve been impressed with how you’ve managed the voting process for us. Definitely a highlight!
You have been FANTASTIC! I'm happy with the entire voting process.