Board management software is an app or website specifically designed to provide a board of directors and administrators by providing secure access to meeting materials. This technology, also referred to as”board-portal, “board-portal,” is an important tool for improving governance and creating efficiencies at the level of the board. Many people believe that it’s a costly addition to a boardroom. In actuality, it’s an investment that pays for itself through enhanced efficiency and more efficient procedures.
A high-quality solution for a portal for boards can be priced from free to expensive, depending on the features available and the needs of your company. In generally, paid solutions have subscription fees as well as extra charges for customizations or additional features. It is far less than the traditional method of photocopying documents, and then mailing documents via post. In the long term, this could reduce administration overhead, printing and material expenses.
Govenda, a Diligent brand, offers affordable Board Governance software that is feature-rich and features which is specifically designed for nonprofits, community healthcare institutions and higher education institutions as well as credit unions. The software get more provides the tools, data and information needed to increase efficiency across every aspect of the governance cycle.
The software decreases the likelihood that sensitive information will be released by storing all materials for meetings in a central secure location. The software facilitates more efficient meetings by supplying easy-to use tools for taking notes, sharing them, creating polls and surveys, as well as giving participants the ability to electronically sign legal documents.
