Introduction:
Zydus Lifesciences is the pharmaceutical arm of Zydus Cadila, a multinational healthcare company headquartered in Ahmedabad, Gujarat. The company has a strong presence in India and operates globally in more than 50 countries. Zydus Lifesciences was established in 1995, focusing on developing affordable medicines for patients in India. The company started with a small manufacturing facility in Gujarat and gradually expanded its operations to other parts of the country.
In 2003, Zydus Lifesciences launched its first product, “Nevimune,” a generic version of nevirapine, an antiretroviral drug used to treat HIV. This was a significant milestone for the company as it marked its entry into the highly competitive generic drugs market. The company’s focus on innovation, R&D, and strategic partnerships has helped it stay ahead of the competition and expand its operations globally. Notwithstanding the industry’s issues, Zydus Lifesciences is investing in digital technology to better company operations and patient results. It has launched several digital health solutions, such as a patient engagement platform and a virtual assistant for healthcare providers, to provide better healthcare services to patients.
Zydus chose Dess Digital Meetings for paperless board and committee meetings to make their meetings more sustainable and thereby go digital.
Key Features of Zydus Lifesciences Limited:
- Strong focus on R&D
- Diversified product portfolio
- Global presence
- Strong manufacturing capabilities
- Focus on digital health
- Strong commitment to sustainability
The Problem:
The board of Zydus Lifesciences consists of ten directors including multiple independent, non-executive, and executive directors. Zydus Lifesciences has come a long way since its inception and has established itself as a leading player in the pharmaceutical industry. Zydus Lifesciences has a positive outlook for the future and is well-positioned to take advantage of the opportunities in emerging markets and digital health. Zydus Lifesciences is also investing in digital technologies to improve its operations and enhance patient outcomes. To make the Board meetings more sustainable and digital, Zydus decided to move to Dess.
The Solution:
The implementation of Dess aimed to enhance the security and compliance procedures of Zydus while transitioning its board management operations to a digital environment. To streamline critical board-level engagements, Zydus opted for the Dess Digital Meetings software solution for paperless board and committee meetings. The dependable, secure, and user-friendly paperless meetings solution replaced the outdated paper and email-based systems that were previously used for conducting important board and committee meetings.
Dess offers various features, such as agenda management, minutes management, attendance and reports, digital signature integration, agenda distribution, circular resolutions, workflow management, and one-touch VC integration, which have saved directors a lot of time and effort.
“Going digital is extremely useful at a time like this. We are able to take advantage of Dess Digital Meetings. Dess constantly innovates to maximize the value to their customers and are the best vendor to partner with.” states Mr. Dhaval Soni, Company Secretary, Zydus Lifesciences Limited.
The Dess Board Portal software has been well-received by the Zydus management, staff, and board of directors for its user-friendly interface. With cross-platform capabilities that support iOS, Windows, and Android devices, directors now have a comprehensive user experience with the agenda management solution.
“We value our association with Cochin Shipyard Limited as their board meetings solution partner. We endeavor to consistently leverage the power of digital to deliver the finest experience to our clients,” said Mr. Dilip Ganeriwal, Founder and Managing Director of Dess.
Dess Board Portal software has elevated Zydus’s excellent corporate governance standards by making it sustainable, enhancing board collaboration, management communication, and organizational governance.
Delivered as a one-stop board meetings software for Zydus Lifesciences Limited:
- End-to-end board portal software addressing pre-meeting, during-meeting, and post-meeting requirements
- Paperless board and committee meetings with cross-platform compatibility for all major devices such as laptops, desktops, tablets, and smartphones and all operating systems including Android, iOS, and Windows
- Minutes management solution with in-built automatic activity tracking and action taken reports, agenda builder, and minutes builder
- Online approvals with digital signature and e-signature compatibility and workflow management software
- Calendar management for the board of directors with automatic board meeting scheduling and attendance management
- Notings and annotations including shareable and private comments, drawings, and highlights with offline use for on-the-go access
- Configurable reports for compliance management and tracking corporate governance and ESG goals
- Board evaluation and performance evaluation with configurable and confidential reports
About Dess:
Dess Digital Meetings is the world’s easiest-to-use board portal software for paperless board and committee meetings. Leading organizations in over 25 countries prefer Dess as their choice for efficient and effective board management software.
Dess believes in enhancing the value of information globally by harnessing unstructured data to empower the right people at the right time using the right technology. With its group of highly competent and motivated people, it has implemented several first-of-its-kind solutions.
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