Board management software, also referred to as board portals, is a digital tool that helps directors’ boards, their administrative staff, and their members to plan meetings distribute, edit and communicate on key issues. It reduces the need for paper, boosts productivity, and enhances governance. Board governance software offers a number of options, including online meetings management and document archiving as well as electronic signature capabilities, and more. This is a fantastic solution for non-profit organizations who want to improve efficiency and reduce time and expense.
Facilitate your meetings by using tools for video conferencing integrations and online private workrooms, so that your team can discuss the agenda items before the scheduled time. Streamlined meetings let members spend less time on administrative tasks, and more time discussing issues.
Utilizing key governance functions such as e-signature as well as task tracking and more, you can improve accountability by giving your board members the ability to sign documents in between meetings, or even outside the meeting room. This assures that the board’s decisions are fully documented and increases transparency and accountability.
Control permissions to share information with granular permission levels so that committees have access information relevant to their work, and the board has the authority to oversee all discussions and materials. This is vital for nonprofits which must comply with federal regulations in order to continue to receive funding from their government https://boardroomspace.info/majority-shareholders-and-company-control/ partners.