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Board management software is a board software that integrates that serves as a single source of truth for board data. It helps facilitate the flow of information and collaboration and improves strategic planning in companies.
Boards are constantly confronted with a plethora of papers, including agendas, meeting minutes, and financial reports. Board management software is a centralised repository that simplifies the process for organising and accessing documents before and during meetings. This saves time for board members and allows them to review the materials prior to the meeting.
A board portal should offer user-friendly, secure tools to collaborate. Look for features such as page synchronisation and a laser pointer tool that let board members highlight and make comments on documents remotely, regardless of the device they use. This provides an easy board meeting experience and eliminates the need to switch between various apps.
For boards that often travel for business the use of a mobile-friendly board portal is essential to help keep directors connected. Look for options that allow directors to use the portal via their phone or tablet – and that offer offline access for remote users.
The cost of a board portal may vary greatly depending on the features and functions it offers, as well as its security capabilities. Choose a system that is top-of-the-line security that safeguards your privacy and confidentiality of your sensitive information. Find out about certifications and security as well as physical facilities to ensure your company’s data is safe.
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