Board governance software is designed to assist administrators and boards manage tasks such as organising meetings, preparing agendas and board packs, recording minutes of meetings, and assigning tasks following the meeting. The best board software solutions come with a wide range of features that will streamline the entire process from start to finish. They also allow for better communication and collaboration amongst directors and administration team members.
The main benefit of using software for board management is the fact that it provides a more secure alternative to email. The best systems offer encryption and clear articulation of the communications between your group and any third parties, thus reducing the risk of phishing attacks, hacking, or missed communications.
Other benefits of using boards portals include the ability to design and store a book of board meetings that will help you avoid expensive printing, distribution and storage official site fees. The platform also offers an all-in-one location for access to all documents, meetings and action items. The software assists directors and administrators track their progress as well as work on tasks that require their attention.
Finally, some platforms like our Cat Herder also allow for the creation of proposals that can then be placed up for vote by the board between meetings. This increases transparency and accountability. It also assists when a member must not vote due to a conflict of interest. These capabilities are essential when choosing the right software to manage your governance for your business.