Often referred to as board portals the software is designed to give digital access to meeting materials and aid in collaboration between directors. It can also help eliminate the cost and hassle of distributing and filing documents on paper. Whatever the size of an organization, any group that needs to communicate regularly and decision-making requires a method to make meetings productive, efficient, and secure.
A well-designed board management solution offers features that allow board members to plan meetings, send reminders to meetings as well as upload meeting materials and even create agendas. All of this can be completed from a single location online. Some solutions support voting and surveys to allow board members to voice their opinion on resolutions or issues which will impact the organization.
A successful board meeting includes the preparation and follow-up after meetings. Some of the top board management tools include task tracking software, which allow you to make lists of tasks, track their progress and even tag people responsible for specific tasks. This increases accountability and transparency among board members and between the executive team as well as between the board and board.
Finally, the most important aspect of any board management system is an online document center that allows board members to view all their documents for meetings, messages from other board members, organizational guidelines, and their responsibilities in one location. Once a board member is logged into their portal, they’ll have all the necessary materials for their meeting. This will significantly increase efficiency for both boards as well as administrative support staff because it eliminates the need to manually sort and distribute meeting materials prior to each meeting, as well as reduces the amount of time spent on administrative tasks following a boardwallet.com meeting.