Board governance software lets directors to work effectively and remotely. It helps improve information sharing, streamlines processes, and increases productivity. These benefits are beneficial for a company’s bottom-line and its overall health. The selection of the right governance software is a daunting task. It’s important to prioritize the software that meets the specific requirements of your company. Ask other board members about their preferred software options to ensure that they’re confident with the solution. Think about a trial period to try the software.
The board portals are feature-rich and include agenda-building tools meetings schedulers, meeting planners and document storage, among more. Some provide multiple collaboration tools, such as text and video chats discussions boards, discussion boards and 1:1 communication channels and much more. They also offer a range of ways to add annotations to documents and files. Additionally, the top governance portals allow you to confirm the attendance of meetings and vote on issues with a single click.
One of the best options for software for managing board meetings is Boardable which comes with numerous features for a streamlined approach to meetings and documents. Users have access to materials for board meetings including updates, calendars, and other materials through a customizable newsfeed. It also supports electronic signatures as well as board meetings that are paperless. Its security features include multi-factor authentication, touch or face ID, and 24/7 customer assistance.
Another option for board governance software is Nasdaq Boardvantage. It offers a suite of tools to optimize board meetings and boost productivity. It includes an online boardbook that includes agendas for meetings minutes, agendas, and hyperlinks to all relevant documents for the board. It is accessible from any device and is suitable for both small and large-sized companies. Its secure features include multi-factor authentication, as well as layers of security.
