Board Management Software is a proven way to revitalize boards by enhancing efficiency production, efficiency and output. These software tools, often referred to under the term “Board portals,” permit you to store and share documents in a central location organize meetings, and more. They also offer advanced cyber security. These tools also enhance accountability by ensuring that board documents aren’t buried on the wrong hands of board members inboxes, desktops, or other random places. Many include task tracking features that allow you to monitor progress and even identify the person who is responsible for each metric, eliminating gray areas and allowing tasks to slip through the cracks. Voting and survey tools can also be integrated, helping you with classic board functions such as agenda item voting, as well as gathering other types of member feedback both in and out of meetings.
There are many aspects to consider when selecting the best Board portal. Find a partner that is a proponent of training for groups, as well as support and assistance to ensure that new members are able to become proficient. Select a solution that includes electronic signatures, which eliminates the need for paper signatures and ensure that your files remain private.
Ideally, you want to choose a platform for your board that can be used beyond your board, and could be expanded to include committees or other recurring groups of members. For example, Memorial Health System, an integrated healthcare facility in Ohio and West Virginia, has been successful in expanding its use of Diligent’s BoardEffect to multiple committees as well as internal groups, which has helped them deliver additional efficiencies.
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