As companies expand and their boards expand, so do the companies and the responsibilities they bring. In the process, it can become increasingly difficult for board members to keep track of meetings preparations using outdated tools such as email and file sharing apps, or even binders of meeting notes and materials. Board governance software allows boards to communicate and collaborate with one during the process to ensure everyone is efficient and organized while ensuring that crucial information isn’t lost or thrown away.

Before deciding on a service be sure that the platform you choose has all the tools you and your team require to improve meetings and governance. You should also look at the pricing structure to ensure that the solution is affordable for your business.

Board portals make it easy for board members to access all their required documents

Centralize all documents, including agendas, meeting minutes and board books, in one digital location. Replace internal servers and eliminate the need to send private documents back and back and.

Virtual voting gives board members the flexibility to participate at any time

A trusted board management tool will allow board members to attend meetings irrespective of their availability. With virtual voting, it’s much easier to solicit input from the entire board and make decisions quickly. It’s also easier to vote anonymously on sensitive issues which gives the members the confidence that they can express their thoughts. This feature is particularly beneficial for smaller organizations, in which some members are not able to attend meetings in person due to scheduling conflicts.

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