How to Evaluate Board Management Software for Business

Board management software is a popular method for business leaders to keep on top of agendas, papers, and more. These tools are designed for efficiency in the boardroom and to streamline processes that can be time-consuming and costly.

The best place to start when looking at a portal for boards is by identifying pain points for the entire board’s lifecycle – from meeting preparation to recording, and everything in between. To accomplish this, you must look at the following areas:

Meeting preparation & access

Board directors should be given information about the meeting in advance, which includes the link to the online meeting, as well as an electronic version of the book for board members. They can then make annotations and prepare without actually attending the meeting. During the meeting directors can utilize the iOS app to navigate through the boardbook and follow along with the presentation, keeping track of their annotations.

The system should also offer an online space centrally located where documents can be shared and the ability to restrict access to a certain group of users or groups. This feature using the right board management software for your business needs lets businesses secure sensitive information and stops people who are not authorized from accessing confidential documents.

In addition, the system should be capable of tracking documents from creation to distribution and storage. This means that if a business goes through an audit they won’t have to spend time putting together documents that were shared across various folders.