What Is a Board Management Tool?

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A board management tool (or software) is a software that helps your organization improve its governance. Board members, executive teams and committees utilize them to communicate information and conduct business. The best tools for board management can be used to create a single place of truth for crucial documents, facilitate meetings, and let you manage your organizational workflows.

A well-designed digital board administration system helps board members and administrators spend less time on manual tasks like creating agendas for meetings, preparing and sharing of board packets, and finding misplaced documents. They can also help reduce the chance of cybersecurity-related incidents by removing unsecured file sharing methods like email. The best boardrooms use an efficient, secure platform that has built-in advanced cyber security.

A digital board portal enables all contributors to manage and organize vital documents in one place, without having to sift through paper, hefty PDF files stored on shared drives or resend emails that were sent out of an order. Board document management systems also provide granular permissions to ensure that vital records are only accessible by those who need it.

Even the most organized of people may find it difficult to coordinate everything for the event. Board management tools simplify many of these meetings with a meeting schedule online workspaces, online workspaces, and video conference integrations. They can help with recording and distribution of minutes of meetings easier, and keep track of action items with automated reminders and useful features.

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