Board management tools are specialized software programs that offer an easy, simple and secure method for organizations to communicate with each other. They allow board members and meeting organizers to share documents, track activities, and collaborate in real time, giving the stakeholders greater control over access to information even if they’re not an employee of the company. These apps are usually encrypted and secure so they are protected from data breaches and accidental disclosure.
Board management tools have features to facilitate the creation and distribution of documents that can be used prior to, during or after meetings. They’re an effective and safer alternative to emailing documents. They permit better control over access to documents as well as task assignments, comments and versions of documents.
A lot of board management tools are mobile compatible and are accessible via various devices, including tablets and smartphones. This lets attendees access the software while on the move which makes it easier for them to be informed of agendas for meetings and other important information.
When selecting a board management software, select one that has an intuitive design and easy navigation. You should also make sure that the tool is compatible with your existing systems and can adapt to your company’s growing needs and evolving requirements. It should have a clear price structure, based on flat rate or determined by the number of users and features. If you would like to learn more about the tools for governance of boards ask for a demo or call us now.