A board governance tool can automate manual tasks such as organizing agendas, minutes and meeting papers. It will also enable directors to share documents, track task progress, and enable legally binding electronic signatures of board decisions. It will also help prepare boards for their next meetings by highlighting issues that need to be addressed, and providing them with access to reports and proposals, along with other pertinent information.
A great digital board management software will have features like:
Boardbook’s portal for board members is an active fully digital tool. It features an agenda planner that optimizes attendance. The CEO and Chair can agree on the date to distribute papers, to organize meetings to report to the Board http://boardmeetingonline.blog/ and to create an agenda. It also comes with an archive of documents, with the ability to store the meeting history and other vital documents in one place. It will also provide a variety of tools for communication including discussion forums and chat with 1:1 and group communications channels, as well as an annotation tool that permits users to highlight or add comments to any document uploaded to the book for board meetings.
Diligent, a cloud-based software solution, encapsulates all aspects of a meeting, including the collection of materials, the establishing agendas, minutes, and the uploading of board papers to a workflow prior the meeting. Directors also have access to an exclusive workspace for documents and discussions and allows them to make annotations on documents, add personal notes and share information using different methods, including a one-on-one discussion with a group of members or individuals. It makes use of secure browser encryption to guarantee the security of your data and adheres to strict security guidelines which reduce risk while keeping your information safe.