Board governance software is a tool designed to help boards of directors and their administrative support staff with tasks such as scheduling meetings, preparing agendas and boards, taking meeting minutes and assigning post-meeting tasks. The most effective software for board governance offer a full suite of features that can streamline the entire process from beginning to finish and also allow for better collaboration and communication amongst directors and administration team members.
The main advantage of using software to manage your board is the fact that it provides a more secure alternative to email. The most secure systems provide encryption and clear lines of communication between your group and any other third parties, reducing the risk of hacking, phishing attacks or misplaced messages.
A board portal can also allow you to create and store board books, removing the need for expensive printing, distribution, and storage costs. The platform lets you access all documents as well as meetings and other action items all in one location. The software lets directors and administrators monitor their progress as well as work on tasks that need their attention.
Lastly, certain platforms like Cat Herder why not try these out allow the creation of proposals that can be considered by the board between meetings. This increases transparency and accountability. It also helps when members are required to abstain from voting due conflicts of interest. These capabilities are crucial when selecting the right governance software solution for your organisation.