Meeting minutes are very important in every company I have worked for since graduating. The current company I work for uses sharepoint to track all meeting minutes. All changes to regulations that are discussed are documented. On several occasions I have referenced these documents for daily tasks. This document also helps when one is out of office for a prolonged period. Meeting minutes is also used for taking attendance of participants, items covered during the meeting, decisions taken, follow-up actions if any, due dates and also captures all other information discussed by the various teams.