Board governance software is designed to assist administrators and boards organize tasks like arranging meetings, preparing agendas and board packs, taking minutes of meetings and assigning tasks after the meeting. The most effective software for board governance come with a wide range of features that help streamline the entire process from start to finish and also allow for better communication and collaboration between the administration team and directors members.
The primary benefit of using a board management software is that it provides a more secure alternative to sending emails. The most secure systems offer encryption and clear distinction between your group and third parties. This lowers the risk of hacking, phishing, or lost communications.
Other benefits of using a portal for boards include the ability to design 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 aids directors and administrators keep track of their progress and complete projects that require their attention.
Furthermore, some platforms such as our Cat Herder also allow for the creation of proposals which can be considered by the board during meetings. This provides greater transparency and accountability. It is also a good option in situations where members must abstain from voting due to conflicts. All of these features are important to take into account when choosing the right software for governance for your business.