Board governance software is designed to help boards and their administrative staff manage tasks such as organising meetings, preparing agendas and board packs, recording minutes of meetings, and assigning tasks following the meeting. The top board software has a comprehensive set of tools to streamline the entire process and enhance communication and collaboration between directors and administrative team members.
A primary benefit of using board management software is that it provides more secure alternatives to sending emails. The most reliable systems offer encryption and clear separation of communications between your group as well as any third parties, thereby eliminating the possibility of hacking, phishing attacks, or missed communications.
Other advantages of a portal for boards include the ability to create and store a board book that will help you avoid expensive printing, distribution and storage fees. The platform also gives you an all-in-one location for access to all meetings, documents and action items. The software can also help administrators and directors track their progress and work tasks that require their attention.
Finally, certain platforms like Cat Herder allow the creation of proposals that can be approved by the board in between meetings. This provides greater transparency and accountability. It is also a good option in situations where a member must abstain from a vote because of an issue. All of these features are important to take into account when choosing the right governance software for your company.