Board governance software is an electronic tool designed to help boards of directors and their administrative support staff manage tasks like setting up meetings, creating agendas and board-packs for meetings, taking meeting minutes and assigning post meeting tasks. The best board software solutions offer a full suite 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 most significant benefit of using software for board management is the fact that it is a safer alternative to email. The most reliable systems offer encryption and clear separation of communications between your group and any other third parties, eliminating the possibility of phishing attacks, hacking more info here or missing communications.
Other advantages of a board portal are the ability to design and store a board book which allows you to avoid expensive printing, distribution and storage costs. The platform allows access to all documents, meetings and action items in one location. The software assists directors and administrators keep track of their progress as well as work on tasks that need their attention.
Finally, certain platforms like Cat Herder allow the creation of proposals that can then be considered by the board during between meetings. This provides greater transparency and accountability. It can also help in cases where individual members are required to abstain from voting due to conflicts of interest. These capabilities are essential when choosing the right software to manage your governance for your organisation.