Benefits of Board Governance Software
Board governance software is an electronic tool that is designed to assist boards of directors and their administrative staff manage tasks like scheduling meetings, preparing agendas and board-packs for meetings recording minutes of meetings, and assigning post-meeting duties. The top board software has an array of features to simplify the entire process and enhance communication and collaboration between directors and administrative team members.
The primary benefit of using a board management software is that it provides a more secure alternative to sending emails. The best software provides encryption and clear separation between your group and other parties. This lowers the risk of phishing, hacking or missed communications.
Other benefits of using a board portal include the ability to design and store a book of board meetings which allows you to avoid the expense of printing, distribution and storage charges. The platform gives access to all documents, meetings and action items all in one location. The software assists directors and administrators monitor their progress and work on tasks that need their attention.
Lastly, some platforms like our Cat Herder also allow for the creation of proposals that can then be put to vote by the board during meetings. This provides greater transparency and accountability. It can also be used in situations where members must abstain from voting because of a conflict. These capabilities are crucial when selecting the best governance software for your organization.