Board governance software is an electronic tool that is designed to assist directors’ boards and their administrative support staff to manage tasks such as organising meetings, creating agendas and board-packs for meetings, taking meeting minutes and assigning post meeting tasks. The most effective software for board governance include a range of features that will streamline the entire process from start to finish. They also allow for better collaboration and communication between administration and board members.
A primary benefit of using software for board management is that it offers a more secure alternative to sending emails. The best solutions offer encryption and a clear distinction between your group and third parties. This lowers the risk of phishing, hacking or lost communications.
A board portal allows users to create and store boards, which eliminates the need for expensive printing distribution, storage and costs. The platform gives access to all documents, meetings and action items in one location. The software helps directors and administrators monitor their progress and complete tasks that need their attention.
Lastly, some platforms like our Cat Herder also allow for the creation of proposals that can then be considered by the board between meetings. This improves transparency and accountability. It is also a good option in situations where a member has to abstain from a vote due to an issue. All of these features are important to take into account when choosing the appropriate software for governance your business.