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Board governance software is designed to aid the board and its administrative staff organize tasks like arranging meetings, preparing agendas and board packs, recording minutes of meetings and assigning tasks following the meeting. The best board software provides a comprehensive set of features that can streamline the entire process and enhance communication and collaboration between administrative team members.
The primary benefit of using software for board management is that it provides more secure alternatives to sending emails. The best systems provide encryption and clear delineation between your group and other parties. This decreases the risk of phishing, hacking or missed communications.
Other advantages of a board portal include the ability to create and store a board book, allowing you to eliminate costly printing, distribution and storage fees. The platform also offers a one-stop shop for access to all meetings, documents and other action items. The software helps administrators and directors track their progress and work tasks that require their attention.
Finally, certain platforms like Cat Herder allow the creation of proposals that can then be approved by the board during between meetings. This improves transparency and accountability. It is also a good option in instances where a member needs to abstain from voting because of an issue. All of these features are crucial to take into account when choosing the right governance software for your business.
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