Board Meeting Software is a tool that lets directors access all the information they require prior to the meeting, as opposed to a paper-based approach. This includes documents such as agendas, board packs, and minutes along with presentations and other important documents. This lets attendees make the most of their time in a meeting without having to switch back and forth between various pages of documents, which makes meetings more productive.
Additionally, a great feature of these tools is that they can also be utilized to collaborate on documents with other members. This means that a director in Chicago and their CFO in New York can work on the same document at the same time which increases efficiency. Another benefit is that the documents are accessible via any device. This means that even when a director has to travel or attend an event outside of the office they can still review and contribute.
Another great benefit of these tools is the capability to e-sign documents during a meeting. This is especially beneficial for remote teams where the process of approving papers physically can be difficult. It is also a great method to increase transparency in the voting process through recording the decisions taken during a meeting.
With all the features available to consider, selecting the right board management software for your business isn’t an easy task. Be sure to choose the right tool for your needs and the requirements of your directors. It is also worth looking for a free trial or demo that will allow you to experience the software before making a choice.