Board Management Tools

The most effective tools for managing boards provide a secure, digital environment for all meeting documents and activities. This allows directors to concentrate on governance and strategic oversight and eliminates the risk of data leaks, hacking or the miscommunication that can be caused by unsecure email.

Board members can spend more time with colleagues when they have access to crucial meeting files and tools. The most effective board portals facilitate the creation of agendas as well as recording minutes of meetings. Users can also take advantage of collaborative tools like live videoconferencing in real-time and document editing shared with others to help facilitate productive discussions in the boardroom.

A good board portal should be user-friendly and offer a range of pricing and plan options for all types of companies. The most common structure for fees is a subscription-based model that includes various tiers, based on number of users and the features provided. Inquire with potential vendors about additional charges, such as extra storage for data, ongoing training and other charges that could be encountered during the process of implementation or as your needs change.

Consider expanding your solution once you’ve seen the benefits as well as increased efficiency that comes with a board https://boardmanagement.net/different-types-of-decision-making-software-you-can-use/ portal. Memorial Health System, for example, uses BoardEffect to manage a variety of internal committees and other groups beyond their board of directors. This helps them deliver efficiencies to the wider public, including staff, foundations and event committees.