In contrast to traditional paper-based meetings, online portals for board meetings provide secure access to meeting materials. This allows board members to work in-person and remotely. The software allows board directors to quickly access and share all necessary documents before and after the meeting. They can also collaborate on documents using real-time sync and voting during the meeting, and manage decisions from a central dashboard. Additionally, the software provides numerous extra features that aid in efficient decision-making and boost overall board productivity.
Better for Admins
A good system for managing boards can make the job of an administrator easier, too. By simplifying all of the meeting preparation processes–scheduling meetings, building agendas, distributing files, and capturing minutes–board management software can save significant time for administrators. The platform’s central library enables board members to quickly locate all the information they need for every meeting. This eliminates the need for administrators to share information via email, or distribute paper packets that can be lost in the process of transport.
The top tools for managing boards have a strong security stance and provide users with robust data encryption. The top platforms also integrate with revenue management software, providing boards a single source of data which helps them understand their business. This will enable boards to detect trends and make proactive adjustments that support an organization’s growth. In addition, AI functionalities are increasingly being offered by board meeting software vendors and allow them to forecast business trends and potential results of different decisions.