Board governance software is a digital tool that helps directors of boards and their administrative staff handle the numerous tasks involved in organizing meetings, creating and sharing documents, and ensuring compliance. This type of technology gives an efficient and effective way to conduct meetings and eliminates a lot of manual processes that are labor-intensive for administrative teams and boards.
Choosing the right board portal system starts with knowing your needs. Find a system that lets you create and share meeting agendas along with documents, take minutes, and track the compliance with a variety of legal and regulatory requirements based on your industry. The best software for managing boards will also include a virtual video feature, which lets you conduct remote meetings effortlessly.
Some top-rated board portals also offer valuable governance tools to aid your decision-making and assist your board members to be as prepared as they can. They could include curated board reports and news and a large selection analytics that can help better understand your organization.
Be sure that all meeting materials are accessible via an intuitive, user-friendly interface. Replace insecure email with a safe and secure system of record for all your vital board communications, and reduce the need to browse through multiple sources for information. The most effective board management software will also safeguard your data by utilizing advanced cybersecurity features such as encryption of data, two factor authentication, and secure cloud storage. Choose a company with top-quality support, with support available 24/7 via live chat or individual training for administrators and board members.