Board governance software is an electronic tool that is designed to assist directors’ boards and their administrative support staff with tasks such as organizing meetings, creating agendas and board-packs for meetings, taking meeting minutes and assigning post-meeting duties. The best board software solutions provide a complete suite of features that can streamline the entire process from start to finish and also allow for better communication and collaboration amongst directors and administration team members.
The most significant benefit of board management software is that it provides a more secure alternative to email. The most secure systems offer encryption and clear distinction between your group and other parties. This decreases the risk of phishing, hacking or misplaced messages.
A board portal also allows users to create official site and manage board books, which eliminates the need for expensive printing distribution, storage, and fees. The platform is also the ability to access to all documents, meetings and actions items. The software also assists administrators and directors track their work and progress on tasks that require their attention.
Additionally, certain platforms such as Cat Herder allow the creation of proposals that are voted on by the board in between meetings. This helps increase transparency and accountability. It can also be used in situations where members must abstain from a vote due to conflict. All of these options are important to take into account when choosing the best governance software for your company.