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Board governance software is a tool that helps board directors and their administrative support staff to manage the many tasks involved in arranging meetings, preparing and sharing documents, as well as ensuring compliance. This type of technology can facilitate more efficient and effective meetings, and eliminates manual processes that require a lot of effort.
Choosing the right board portal system begins with understanding your requirements. Find a system that lets you create and share agendas for meetings along with documents, take minutes, and check the compliance with different legal and regulatory requirements that are specific to your industry. Additionally, the best board management systems provide a virtual video option that allows you to hold seamless remote meetings.
A few of the top board portals provide valuable governance tools that can assist you in making better choices and ensure that your board members are as well-prepared as they can be. These include board reports and news as well as a wide collection of data that can help better understand your business.
Ensure that all your meeting materials are accessible through an intuitive and user-friendly interface. Replace insecure emails with a secure, safe system to record all board communications and eliminate the need for multiple sources of information. The most reliable software for managing your board will also safeguard your data using advanced cybersecurity features like data encryption, two-factor authentication and secure cloud storage. Look for a provider that provides first-class customer support. Support representatives should be available all hours of the day via live chat or for one-on-one guidance for board members as well as administrators.