Board governance software is a tool that is designed to assist directors’ boards and their administrative support staff to manage tasks such as organizing meetings, creating agendas and boards as well as taking minutes of meetings and assigning post-meeting tasks. The best board software comes with an array of features to simplify the entire process, and increase communication and collaboration between administrative team members.
The primary benefit of using software for board management is the fact that it provides a more secure alternative to email. The most reliable systems offer encryption and clear delineation of communications between your group as well as any third parties, thus lessening the possibility of phishing attacks, hacking or missing communications.
A board portal can also allow users to create and store board books, which eliminates the need for costly printing, distribution, and storage fees. The platform also gives you an all-in-one solution for access to all meetings, documents and other action items. The software lets administrators and directors track their progress and complete tasks that need their attention.
Additionally, certain platforms such as Cat Herder allow the creation of proposals that can then be considered by the board in between meetings. This can increase transparency and accountability. It is also a good option in situations where members must abstain from voting due to conflict. All of these aspects are essential to take into consideration when choosing the right governance software for your business.
