Board of directors software assists to simplify the process of conducting and preparing for board meetings. It enables board members to easily share documents, create agendas and organize their board books and record decisions all in one location. It also provides a range of communication and collaboration tools for teams that span the globe. It also removes messy email attachments and central file storage. It ensures security and privacy by separating board communications from personal conversations which makes it less prone to be used for fishing trips or frivolous lawsuits.
Online board meetings can be easily prepared for and run. This software for managing boards comes with a powerful, drag-and drop meeting scheduler that allows you to organize one or recurring meetings in just minutes. It also lets you quickly build an agenda and upload any relevant documents. It also lets you keep a record of attendance using an integrated boardroom calendar that connects to personal calendars and makes it simple for participants to RSVP.
All documents from a board meeting are stored in a digital repository to be accessed at a later date. The board portal allows directors to look over materials prior to and during meetings, and also make comments and annotations that improve the discussion. They can also access the platform from any device, and connect to a live conference call to conduct meetings. Most effective boards are more efficient, so they require a board portal that is equipped with real-time tools to prepare for meetings. The portal for boards should provide secure storage, SOC-2 certification and multi-factor authentication for the protection of sensitive data.
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