Choosing the Right Board Governance Software
Board Governance software lets directors work efficiently and remotely. It improves information sharing, streamlines processes, and boosts productivity. These advantages can benefit a company’s bottom-line and its overall health. However, selecting the best governance software can be a daunting process. Make a list of the software that best meets your organization’s needs. Talk to other board members on their preferred software selections to ensure they’re comfortable with the solution. Consider a free trial period to try the software.
Board portals with features include agenda builders, meeting schedulers, document storage, and more. Some of them provide a variety of collaboration tools, including video and text chats and discussion boards, 1:1 communication channels, and many more. They also offer a range of ways to add annotations to documents and files. Lastly, the best governance portals allow you to confirm the attendance of meetings and vote on items with a single click.
One of the most popular options for software that helps manage board meetings is Boardable which provides various features to provide an easier way to conduct meetings and documenting. Users have access to materials for board meetings including updates, calendars, and other materials through a customizable newsfeed. It also supports board meetings without paper and e-signature options. Its security features include multi-factor authentication, face or touch ID, and 24-hour customer assistance.
Nasdaq boardvantage is an alternative for board governance. It provides a range of tools that can help optimize board meetings and boost productivity. This includes an online board book which includes agendas for meetings as well as minutes, and includes links to all the relevant documents used by the board. It is accessible from any device, it is suitable for small as well as large enterprises. Its secure features include multi-factor authentication as well as layers of security.