Board governance software is a tool designed to help directors’ boards and their administrative staff to manage tasks such as setting up meetings, creating agendas and board-packs for meetings making minutes of meetings and assigning post-meeting tasks. The most effective board software offers an extensive set of features to streamline the entire process and enhance communication and collaboration between administrative team members.
The most significant benefit of board management software is that it offers a safer alternative to email. The best systems provide encryption and a clear distinction between your group and other parties. This lowers the risk of hacking, phishing boardroomworld.com/objective-and-subjective-data or misplaced messages.
A board portal also lets users to create and store board books, removing the need for costly printing, distribution, and storage fees. The platform is also a one-stop shop for access to all documents, meetings and other action items. The software helps directors and administrators track their progress and work tasks that require their attention.
Furthermore, some platforms such as our Cat Herder also allow for the creation of proposals which can be placed up for vote by the board between meetings. This allows for greater transparency and accountability. It is also a good option in situations where a member must abstain from voting because of an issue. All of these features are important to take into account when choosing the best governance software for your business.