A software for board of directors solution is more than a luxury for organizations. With hybrid and remote work models on the rise, boards need a mobile-ready solution that lets directors access their board materials wherever they are. The technology should be easy to use for directors and provide a seamless experience across all devices, whether they are on the move or at home. It must be safe.
A well-chosen board portal will save your organization time and money. When evaluating the different solutions be sure to consider both upfront and ongoing costs. Be sure to look at the entire set of features that are offered by each solution, as well as the effects of various security measures. Some vendors of board software provide basic professional, enterprise, and versions. It is important the difference between llc and an s corp structure to evaluate the features when choosing the best price.
A good board portal does not just saves time for administrative tasks, but also offers advanced tools that can enhance the experience of board meetings for members and administrators. For instance, many providers offer a “anytime, anywhere” method that gives directors the ability to connect via their mobile devices or a web browser. Some solutions also allow directors to record their meetings and to share their thoughts with others in real-time. Some solutions allow for electronic voting and signatures on documents following meetings.
Another important aspect to take into consideration is how the tool will encourage good governance practices, for example, adding health and safety issues on the agenda, or making minutes approved at the next meeting. A good board portal is easy to improve and expand over time.