Board governance software enables directors to work at a distance and efficiently. It enhances information sharing as well as streamlines procedures and improves productivity. These benefits improve a company’s performance and the overall health of its employees. However, deciding on the best governance software isn’t an easy task. It is crucial to choose the software that meets the needs of your business. Make an outline of your top software choices and consult with other board members to make sure they feel comfortable with the program. Consider a free trial period to test the software.
Some of the more advanced board portals include tools for creating agendas, meeting schedulers, and document storage. Some provide several collaboration tools such as text and video chat discussions boards, as well as 1:1 communication channels. They also offer a variety ways to make annotations on files and documents. Lastly, the best governance portals let you confirm the attendance of meetings and vote on items in a single click.
Boardable is among the best options for board governance software. It provides a variety of features to streamline meetings and documents. Users have access to materials for board meetings as well as updates and calendars via a custom newsfeed. It also supports paperless board meetings and e-signature options. Its security features include multi-factor authentication, face or touch ID, and 24/7 customer assistance.
Another alternative to board governance software is Nasdaq Boardvantage. It offers a suite of tools to optimize board meetings and enhance productivity. It comes with an online boardbook that includes agendas for meetings minutes, agendas, and links to all relevant board documents. It can be accessed on any device and is suitable for large and small businesses. Its secure features include multi-factor authentication, as well as layers of security.