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We provide a streamlined weighted voting system for any organisations. Our technology offers an advanced and highly-secured platform that allows you to administer smooth voting and see results in real-time.
What is weighted voting?
Weighted voting gives certain people more or less influence over voting outcomes. This is achieved by assigning different levels of influence, or "weights," to voters. Whereas, the amount of voting power given is usually proportional to the importance of individuals within the organisation.
Weighted Voting for Organisations
Most organisations have some sort of weighted voting system, where different members/voters get a different weight for their vote.
1
Housing Associations
In a HOA board meeting, the person who owns multiple residences in the building totaling up to 1,000 sqm is able to influence decisions more significantly than the person with one 100 sqm apartment.
2
Private Sectors
In a corporate setting, a stockholder with more shares is able to make more of an impact on company policy and decision-making than a stockholder with fewer shares.
3
Non-profit / Charities
For non-profit organisations, the person who made a one-time $100 donation is given less influence than the person who routinely gives $500,000 each year.
How is voting weighted?
The weighted voting system allows certain individuals to have more or less influence on the outcome of the vote by assigning voters different levels of influence or "weights" to voters.
Meeting the Quorum
A quorum refers to the minimum number of votes needed to get a resolution passed. In a non-weighted scenario, it's often required that 50% of the group must engage in the vote.
When it comes to a weighted vote, however, the number of people who have voted must be combined with their individual weight. These two factors will determine when a quorum is reached.
Voting Power
Taking into account the number of votes and power per person, organisations can determine a relative voting power expressed as a percentage. Adding up all the relative voting power of a group gives 100%.
To better define power, we have a voting system that can create and allow you to see the percentage of a member's power compared to the other members who are on the voter list. Note that the distribution of voter power is different from the distribution of votes.
Together with our state-of-the-art voting software and years of experience, you can rely on our team to ensure efficient and smooth voting done with compliance.
Why Vero Voting?
Vero Voting is a premier provider of cutting-edge voting solutions that have earned the trust and confidence of organisations throughout Australia. With over 20 years of experience delivering comprehensive voting and election services, Vero Voting has the expertise and knowledge to ensure the success of every voting process.
In addition to voting solutions, Vero Voting also leverages on providing comprehensive meeting solutions that provide organisations with a streamlined and efficient way to conduct meetings that require secure and compliant online voting. Our meeting services include pre and post-planning, such as agenda management, real-time vote tabulation, and fast declaration of results. The platform also provides an easy way to attend and participate virtually from anywhere in the world using any device with an internet connection.
As an independent third-party provider, Vero Voting is committed to delivering unbiased and impartial voting services that meet the specific requirements of stakeholders and regulators. The company's bespoke voting technology is designed with security as a top priority, incorporating end-to-end encryption and anonymity features that ensure the confidentiality and integrity of all data and application services, in compliance with Australian law.
Vero Voting offers end-to-end voting solutions that have a proven track record of success and customer satisfaction. As a result, clients can trust Vero Voting to provide exceptional service that is tailored to their unique needs and exceeds the highest standards of quality and reliability. With Vero Voting, organisations can be confident that their voting processes are in expert hands, and that they will receive the best possible outcomes.
What Our Clients Say
About Us
It was great! Thanks so much for your support getting us through our first virtual AGM.
Hume Bank humebank.com.au
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!
Arnott's arnotts.com
You have been FANTASTIC! I'm happy with the entire voting process.
De' Longhi Group delonghigroup.com