new boardroomspace.info article
Board management software, also known as board portals, is a computer-based tool that allows boards of directors and their staff members, and their members to plan meetings distribute, edit, and communicate about key points. It reduces the need for paper, improves productivity, and enhances governance. Board governance software provides many options, including online meetings management, document archiving, the ability to eSignature, and much more. This is a fantastic solution for nonprofits who want to increase efficiency and reduce time and expense.
Streamline meetings with tools like meeting management, video conference integrations and private workrooms online so that your team can be prepared to discuss agenda items in advance. With streamlined meetings, employees will be able to focus less working on administrative tasks and more time discussing the issues at hand.
Utilizing key governance features such as e-signature, task tracking, and more, you can increase accountability by permitting your board members to sign documents during or after meetings or even outside the meeting room. This assures that the board’s decisions are fully documented and increases transparency and accountability.
Control the sharing permissions at a sub-granular level, so that committees have access to information relevant to their duties and the board has the ability to centrally oversee all discussions and documents. This is crucial for nonprofits which must follow federal regulations to continue receiving funding from their government partners.