A board of director software solution is more than just a luxury for companies. Boards require a mobile-friendly solution that will allow directors to access board materials from any location. The technology should be easy to use for directors and offer seamless experiences across all devices, whether they are in the field or at home. It should also be secure.
A well-chosen board portal can help your company save time and money. When evaluating the various options available, look carefully at the upfront costs and ongoing expenses. Consider the features and security options each solution provides. Certain vendors of board software provide basic, enterprise, and professional editions. It is crucial to consider the capabilities when looking at prices.
A well-designed portal for board meetings not only helps in reducing administrative time, but also offers advanced tools to enhance the experience of board meetings for members and administrators. Many service providers offer an “anytime anytime, anywhere” approach, which permits directors to log on using their mobile device or even a web browser. Additionally, some solutions allow directors to record notes during meetings and share their thoughts with others in real-time. Some also allow for simple electronic voting and the affixing of signatures to documents following meetings.
Another important feature to consider is how the tool prompts good governance practices, for example, including health and safety items on the agenda, or prompting approval of minutes at the next meeting. Additionally, a well-designed board portal will be simple to upgrade and expand over time.