Board of directors software helps boards function more efficiently. A well-designed board portal helps with every aspect of your board’s activities, including preparing for meetings, managing tasks, and collaborating with fellow directors–all in a safe environment that guarantees privacy, lowers costs, and fosters efficiency.
When choosing a software application for your company it is important to understand the features that are available. Some software allows you to design a meeting schedule with pre-made templates which can be modified to meet the requirements of your board. You can also include supplemental materials for attendees, monitor attendance, and mark motions and votes. A lot of these solutions allow the possibility of voting on action items prior to your board’s meeting, using an easy electronic voting system.
A board management solution can also cut down on time required to prepare for board meetings by storing all relevant materials in one location which is easily accessible at any moment. This way, it’s not more necessary to search through board documents or search through email threads to find relevant information. This alleviates secretaries and administrative assistants of the burden of assembling and distributing the required items.
Furthermore, the most effective board of directors software will provide an account manager who will be available with any issues or questions that may arise. This will allow you to build the trust of a person who knows your company and is invested in its achievement.