Board Management Tools are digital solutions that simplify governance tasks for boards as well as their administrative staff. Utilizing a board portal, these online tools enable efficient, paperless and secure collaboration on important issues such as scheduling meetings, distribution of materials to the board, recording minutes of meetings and making sure that they are in conformance with applicable legal and regulatory requirements (depending on the industry).
Created to be used on any device, the most effective board management software is available on tablets, laptops, desktops and smartphones. This flexibility is an immense benefit for busy board members, particularly those who travel or working from home. The best solutions also provide an organized dashboard and calendar view when you log in to allow board members to stay organized with upcoming meetings, action items, and important news announcements.
The most useful feature for admins is that they can save time by making tasks more efficient and with less effort. Tasks can be assigned to individual users, logged with an associated deadline and reminder, so there is no chance of miscommunication or oversight. This gives admins more time to focus on tasks that will add value.
Another benefit is the ability to interact with board materials outside of meetings. Digital boards portals permit dynamic schedules for meetings and surveys. These features help to increase engagement and increase accountability, while ensuring transparency in the group throughout the day. Board members can also write their thoughts on the documents of the board with annotation tools and log responsibilities or follow up actions within the meeting.
