Board management software, also referred to as a portal or a board portal, is an electronic application which facilitates collaboration and communication between boards and committees. It streamlines the meeting process. Board members can view and exchange documents online in a safe environment, and also interact with one another during https://boardwallet.com/why-board-minutes-important/ and after meetings. It also includes an array of tools for the creation of agendas, surveys, and votes that allow all members to participate and make decisions collaboratively.
Aprio’s management tools for boards help boards cut down on time spent in preparing for board meetings. It is possible to create agendas and update them within minutes if you use the right features. These tools also provide several layers of security, enabling administrators to control permissions and ensure that confidential information is protected.
Meetings can be shortened by providing easy access to documents in advance, scheduling meetings in advance, using agenda templates and adding new items at the touch of one button, setting the discussion time for agenda items, and adding an interruption in between each session. Board management tools include a board notepad, where directors can express their opinions on specific topics at any time during or after the meeting. This allows them to actively participate in the discussion.
Board management tools facilitate the sharing of important reports, such as the chief executive’s reports, financial reports, and committee reports. This eliminates the need for archiving paper copies of these documents and also helps cut printing costs, not to mention that moving to paperless printing helps preserve the resources of the earth.