Board management software (also called board portals) is a digital tool for directors’ boards and their administrative staff to facilitate meetings and distribute and edit documents and communicate about key issues which reduces the need for paper and improving efficiency and governance. Board governance software comes with various options, including online meetings management and document archiving as well as electronic signature capabilities, and more. This is an excellent solution for non-profits looking to improve efficiency as well as save time and money.
Streamline meetings with tools such as meeting management as well as video conference integrations. You can also create private online workrooms to ensure that your team is capable of discussing agenda items prior to the meeting. With streamlined meetings, members are able to spend less time on admin tasks and more time discussing the issues of the day.
Utilizing key governance functions like e-signatures or task tracking, and other features, you can boost accountability by allowing your board members to sign documents in between meetings, or even outside the meeting room. This ensures that the board’s decisions are recorded and improves transparency and accountability.
Control permissions to share information at a sub-granular level, so that committees have access to information relevant to their job and the board can centrally supervise all discussions and other https://www.boardroomspace.info/ materials. This is important for nonprofits that must adhere to federal regulations in order to continue to receive funding from their government partners.