Choosing Board Governance Software

Create and distribute minutes, documents and other meeting materials easily. Streamline governance to increase effectiveness.

Board governance software lets trustees concentrate on the most important aspects, and not on the routine administrative tasks like writing agendas for meetings and tracking RSVP responses. This is because it combines many of the most sophisticated tools into a single online platform that streamlines everything from the creation of meeting materials to the production of detailed meeting minutes and beyond.

A secure, cloud-based platform that allows directors to review and access all information in one place is the most important feature of any board management software. This makes them more productive because they don’t need to look through long email threads or look through the board’s books in physical form.

Ideally, this will allow you to add annotations and notes to documents and other files. This facilitates collaboration and allows for the creation of a single source of truth which can be relied upon during meetings.

The best software will come with a variety of integrated tools for communication and collaboration 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 part is the most crucial. The best solutions provide high-end security to guard your information from hacking, phishing and other threats. They will offer AES 256 document encryption as well as multi-factor authentication. They also provide on the in-the-fly encryption and automatic purge of lost devices as well as a finely-tuned audit trail for permissions, and strict password policies.

Maximizing Business Success with a Due Diligence Data Room

Written by Roberto Contreras