Benefits of Board Governance Software
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Board governance software is designed to aid boards and their administrative staff manage tasks such as organising meetings, preparing agendas and board packs, taking minutes of meetings and assigning tasks following the meeting. The most effective board software offers an extensive set of features to streamline the entire process and improve communication and collaboration between administrative team members.
A primary benefit of using board management software is that it provides more secure alternatives to communicating via email. The best solutions offer encryption and clear distinction between your group and third parties. This reduces the risk of hacking, phishing or misplaced messages.
Other benefits of using a board portal include the ability to design and store a book of board meetings that will help you avoid costly printing, distribution and storage charges. The platform provides access to all documents, meetings and action items all in one location. The software lets directors and administrators monitor their progress and complete tasks that require their attention.
Lastly, some platforms like our Cat Herder also allow for the creation of proposals that can be placed up for vote by the board during meetings. This increases transparency and accountability. It can also be used in situations where a member must abstain from a vote because of conflict. All of these features are important to take into consideration when choosing the right software for governance for your business.