Board management software (also called board portals) is a tool that can be used digitally for directors’ boards and their administrative support staff to organize meetings, distribute and edit documents and communicate key points, reducing the need for paper and improving productivity and governance. With features such as online meeting management and document storage, eSignature functionality and more, board governance software provides an ideal solution for nonprofits who need to improve efficiency while saving time and money.
Streamline your meetings with tools like meeting management, video conferencing integrations, and online workrooms for your team, so that they can discuss agenda items before the scheduled time. With streamlined meetings, members are able to spend less time on administrative tasks, and more time discussing the issues at hand.
Utilizing key governance features like e-signature or task tracking, and more, you can increase accountability by allowing your board members to sign documents at or after meetings, or even outside the meeting room. This can increase accountability and transparency by ensuring that the board’s decisions are documented.
Control permissions for sharing information at a sub-granular level, so committees have access to information that is relevant to their role and the board can centrally supervise all discussions and other materials. This is vital for nonprofits that must adhere to federal regulations in order to continue to receive funding from their government partners.
https://boardroomspace.info/the-relevance-of-data-room-vendors-comparison/