Board governance software is designed to assist boards and their administrative staff manage tasks such as organising meetings, preparing agendas and board packs, recording minutes of meetings and distributing tasks following the meeting. The most effective board software offers a wide range of tools to streamline the entire process and improve communication and collaboration between directors and administrative team members.
The most significant benefit of software for managing boards is that it is a safer alternative to email. The best solutions offer encryption and clear delineation between your group and third parties. This minimizes the chance of hacking, phishing or missing communications.
A board portal can also allow you to create and store boards, which eliminates the need for costly printing distribution, storage, and fees. The platform also offers a one-stop shop for access to all meetings, documents and action items. The software also helps administrators and directors monitor their work and progress on tasks that require their attention.
Finally, certain platforms like Cat Herder allow the creation of proposals which can be voted on by the board in between meetings. This increases transparency and accountability. It is also a good option in situations where members must abstain from voting due to an issue. All of these features are essential when selecting the right software to manage your governance for your company.
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