Choosing Board Governance Software
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Create and distribute meetings effortlessly, documents, and minutes. Reduce the time spent on governance and increase efficiency.
Board governance software allows trustees to concentrate on what is important, not the weeds of administrative tasks such as composing agendas for meetings and tracking RSVP responses and compiling physical board packs. This is because the software blends a variety of smart tools into a single platform that streamlines everything from the preparation and publication of meeting materials, to detailed meeting minutes.
The most important feature to look for in any board management system is an encrypted, cloud-based portal that lets directors access and review their information from one location. This makes them more productive because they don’t have the need to browse through long emails or go through physical board books.
Ideally, this will allow you to add annotations and notes to documents and other files. This improves collaboration and helps the creation of a single source of truth that is dependable upon in meetings.
The most effective software will come with a variety of integrated tools for collaboration and communication in addition to the portal itself. These include video conference platforms as well as calendar management tools. document management and storage software and electronic signature tools.
The last aspect is crucial. The best solutions provide high-end security to guard your data from hacking, phishing and other threats. They’ll provide AES-256 encryption of documents as well as a multi-factor authentication model that enables on-the-fly encryption, automatic deletion of lost devices precise permissions, audit trails and strict password policies.