Board management software is a software for boards that integrates all functions of a board and offers a single point of data. It allows for the efficient flow of information, improves collaboration and enhances strategic planning for organisations.
Boards are constantly confronted with a plethora of papers, including agendas, minutes of meetings, and financial reports. Board management software is a centralised repository that makes it easier to organize and access documents prior https://boardroomcollective.com/how-to-write-effective-board-meeting-minutes to and during meetings. This saves time for board members and allows them to read through documents prior the meeting.
Another major feature of a board portal is the ability to provide secure, easy-to-use tools to collaborate. Look for features like page synchronisation, as well as laser pointers that allow board members to highlight and post comments on documents remotely, regardless of the device they use. This allows for a seamless experience in board meetings and decreases the necessity to switch between applications.
For boards that frequently travel for business the use of a mobile-friendly board portal is vital to keep directors connected. Look for options that let directors access the portal via their mobile, tablet or laptop, and also provide offline access for remote users.
The cost of the portal will differ based on its features and capabilities and security capabilities. Choose a platform that offers the highest level of security to safeguard your sensitive data. Ask vendors about their certifications and security measures, as well as physical facilities to ensure your organisation’s data is secure.