Board governance software is designed to aid directors and their staff manage tasks such as organising meetings, creating agendas and board packs, taking minutes of meetings, and assigning tasks following the meeting. The best board software comes with a wide range of features to streamline the entire process, and increase communication and collaboration between administrative team members.
One of the main benefits of using board management software is that it offers an additional level of security when sending emails. The best software offers encryption and clear separation of communications between your group as well as any third parties, thereby reducing the risk of hacking, phishing attacks or misplaced messages.
Other benefits of using a board portal are the ability to create and store a board book which allows you to avoid expensive printing, distribution and storage costs. The platform also provides a one-stop shop for access to all meetings, documents and other action items. The software helps directors and administrators track their progress and work on tasks that need their attention.
Lastly, certain platforms like Cat Herder allow the creation of proposals which can be put to vote by the board during between meetings. This increases transparency and accountability. It also helps in situations where a particular member are required to not vote due to conflicts of interest. All of these features are important when choosing the right software to manage your governance for your company.