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Board Management Software and Board Portals
www.boardroomworks.com/how-to-choose-the-right-board-management-software/
Board Management Software is known to revitalize boards by increasing efficiency productivity, output and efficiency. These tools, which are often referred to by the term “Board portals,” let you store and share documents centrally as well as schedule meetings and more. They also offer sophisticated cyber security. These tools also increase accountability by ensuring board documents don’t end up on the wrong hands of members inboxes, desktops, or other random places. Some include task tracking functions which track progress and even identifier the person who is responsible for each metric. This eliminates the possibility of tasks to be overlooked. Surveys and voting capabilities can also be added, which will help you with classic board functions such as voting on agenda items and gathering feedback from members in and out of meetings.
There are a variety of factors to consider when selecting the best Board portal. Look for a partner that emphasizes group training and support, so new members can get up to speed quickly. Select a service that provides an electronic signature option to eliminate the necessity of paper signatures and ensure that your files remain private.
You’re looking for a board portal which can be used by more than just your board members and could be expanded to include committees and other groups of members. For instance, Memorial Health System, an integrated healthcare system that spans Ohio and West Virginia, has been successful in expanding its use of Diligent’s BoardEffect to multiple committees as well as internal groups, helping them create additional efficiencies.
