Board of directors software will help boards function more efficiently. A well-designed board portal supports all aspects of your board’s activities, including preparing for meetings, managing tasks and collaborating with fellow directors–all in a secure, safe environment that guarantees privacy, lowers costs, and improves efficiency.
It’s important to understand the various kinds of features a board management software solution provides before selecting the right one for your business. Certain solutions let you create a meeting schedule using pre-made templates which can be altered to meet the needs of your board. You can also include supplemental materials for attendees, track attendance, and also mark motions and votes. Furthermore, a lot of these software solutions allow you to take action items and then vote on them prior to your board meeting with a simple electronic voting system.
A board management solution will also cut down the time required to prepare for board meetings by storing all pertinent materials in a central location that is accessible at any moment. It is no longer necessary to search through the board’s physical packs, or email threads, to find information. This also reduces the administrative assistants and secretaries who often have to gather and distribute the required material.
Furthermore, the most effective board of directors software can provide a dedicated account manager who will be available to help with any questions or concerns that might arise. This lets you establish a relationship with a person who knows your organization and is invested in its achievement.