Board Management Tools are the digital solutions that help streamline the governance of boards and their administrative support staff. With a board portal these online tools enable efficient, paper-free and secure collaboration on crucial issues such as scheduling meetings, distribution of materials to the board, recording minutes of meetings, and ensuring compliance with relevant legal and regulatory requirements (depending on the industry).
Created to be used on any device, the most effective board management software is compatible with tablets, laptops, desktops and smartphones. This flexibility is an immense benefit for busy board members, especially those who travel or working from home. The best solutions also come with clear dashboards and a calendar view when you log in to make it easy for board members to stay on top with the upcoming meetings, agenda items, and important news announcements.
For admins, the most valuable feature of a board management tool is that it helps them save time by making tasks quicker and easier to complete. The tasks can be assigned and logged to specific users with a deadline and reminder. This helps to avoid any miscommunication or oversight. This lets administrators concentrate on tasks that add value.
The ability to engage with board materials in between meetings is a key benefit. Digital board portals can be used to create dynamic meeting schedules and surveys. These features boost engagement, improve accountability, and ensure that group transparency is maintained throughout the day – not only during meetings. Board members can also record their thoughts on board documents with annotation tools, and log responsibilities or follow up actions in the same meeting.