Board governance software is an electronic tool that assists board directors, their administrative staff, and their boards to manage the tasks involved in organizing meetings, preparing documents sharing them and making sure they are in compliance. This kind of technology offers an efficient and effective method of conducting meetings and takes away many of the manual processes that are labor-intensive for administrative teams as well as boards.
Selecting the appropriate board portal solution starts with knowing what you want. You should choose a system that will allow you to prepare and distribute agendas of meetings and files, as well as take minutes and monitor compliance with various legal and regulatory requirements depending on the industry you operate in. Furthermore, the top board management systems provide a virtual video option that lets you conduct seamless remote meetings.
The top board portals provide valuable governance resources that can aid in your decision-making and help your board members in being as prepared as they can. These include well-curated news and reports for board members along with an extensive selection of analytics that can help you understand your business and its performance.
Make sure all meeting materials are accessible via an intuitive user-friendly interface. Replace unsecure emails with a secure, secure system to record all board communications and eliminate the necessity of multiple sources of information. The most effective board management software will also protect your information using advanced cybersecurity features like data encryption, two factor authentication and secure cloud storage. Find a service that provides top-quality support with support available 24/7 via live chat or one-on-one training for administrators and board members.