As businesses grow as do their boards and the responsibilities that they carry. This means it becomes increasingly difficult for board members to keep track of meeting preparations using old-fashioned tools like email and file sharing applications or even binders of meeting notes and other materials. Board governance software can help boards collaborate and communicate more efficiently. It also ensures that important information doesn’t go missing or lost or forgotten.
Before deciding on a provider ensure that the platform is equipped with all of the tools needed by your team to improve meetings and management. You should also take into consideration the pricing structure to make sure that the solution is affordable for your business.
Board Portals Make it Simple for Board Members to access all of the Documents they require
Centralize all documents, including agendas, meeting minutes, and board books, in an online place. Replace internal servers and eliminate the need to email private documents back and forth.
Virtual Voting Allows Board Members the Freedom to take part at any time
A reliable board management tool allows members to attend meetings no matter what time it is. With virtual voting, it’s easier to get input from the entire board and make decisions quickly. It’s also easier to vote anonymously, giving members the confidence to voice their opinions. This feature is especially useful for smaller organizations, in which certain members are unable attend meetings in person because of scheduling conflicts.