Board of directors software helps companies in planning, scheduling and conducting meetings. The software can also be used for storing and review minutes of meetings, documents, and other material that resulted from the meeting. These tools help make meetings more productive by providing efficient solutions to common issues faced by directors.
Online board management is a key driver for many companies looking to go paperless since it provides security and efficiency. The primary reason for this is the elimination of the time-consuming tasks associated with document preparation and distribution, and the security risks and inefficiencies of emailing board documents or using free file-sharing platforms like Dropbox or Google Drive.
The capability to electronically sign documents and messages can also help eliminate the requirement for a physical signature. This feature lets directors upload documents, request signatures, and view their status on one dashboard. All the best board portals include priority security features that protect information using the highest level encryption.
Another resource significant feature of the software is its ability to manage and share information easily with other directors prior to your next meeting. This feature lets you quickly find and share meeting materials, communications from your peers along with organizational policies and any other information needed for your meeting. This central access minimizes the amount of time you or your assistant administrator have to search through documents and emails prior to your meetings.