As companies grow and their boards expand, so do the companies and the responsibilities they carry. It can be a challenge for board members who use outdated tools like email and file sharing apps to keep up with the planning of meetings. Board governance software allows boards to communicate and collaborate more efficiently. It helps ensure that important information isn’t lost or forgotten.
Before deciding on a service, ensure that the platform you choose has all the tools you and your team need to improve the quality of meetings and governance. It’s also recommended to study the pricing mechanism to ensure that the service you choose is affordable for your company.
Board Portals Make It Simple for Board Members to access all of the Documents they require
Centralize all documents, including agendas and minutes of meetings in one place. Replace internal servers and eliminate the need to send private documents back and forth.
Virtual voting gives board members the freedom to take part at any time
A reliable board management tool allows members to attend meetings regardless of availability. Virtual voting makes it easier to receive feedback from the board and take quick decisions. It’s also much easier to vote anonymously on sensitive topics, giving members the confidence that they can express their opinions. This feature can be especially useful for smaller groups in which members may not be physically present due to scheduling conflicts.
