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Board governance software is a digital tool that is designed to assist directors’ boards and their administrative staff organize tasks like organising meetings, creating meeting agendas and board-packs, taking meeting minutes and assigning post meeting tasks. The top board software solutions come with a wide range of features that will streamline the entire process from beginning to finish. It also allows for better communication and collaboration between administrators and directors members.
The main benefit of using software for board management is that it provides a more secure alternative to sending emails. The most reliable systems offer encryption and clear delineation of the communications between your group and any third party, thereby eliminating the possibility of hacking, phishing attacks or missing communications.
Other benefits of using a portal for boards include the ability to design and store a board book, allowing you to eliminate the expense of printing, distribution and storage fees. The platform gives access to all documents including meetings, agenda items and meetings in one location. The software also assists administrators and directors monitor their work and progress on tasks that require their attention.
Additionally, certain platforms such as Cat Herder allow the creation of proposals which can be put to vote by the board during between meetings. This can increase transparency and accountability. It also helps in situations where a particular member must abstain from voting due conflicts of interest. All of these features are crucial to consider when selecting the appropriate software for governance your business.