A tool for board governance will help automate manual tasks such as organising agendas, minutes, and meeting papers. Directors will also be able to share documents, track the progress of their projects, and allow legally binding electronic signatures for board decisions. It will also aid in preparing boards for their next meetings by highlighting the issues that need to be addressed, and granting them access to reports and proposals, as well as other relevant information.
A great digital board management tool will have features like:
Boardbook’s board portal is highly interactive and fully digital tool with a meeting calendar that maximizes attendance and allows the CEO and the Chair to set dates for papers to be issued, meetings for committees that report to the board, and for the board to come up with an agenda. The portal also features a document repository, which lets you store http://boardmeetingonline.blog important documents, such as meeting histories. It will also offer a variety of communication tools that include chat and discussion boards, 1:1 and group channels for communication and an annotation tool which allows users to highlight and add comments to any uploaded document to the board book.
Diligent is a cloud-based solution that wraps all the aspects of a board meeting in software, including the gathering and collation of items, agenda setting minutes, agendas and the uploading of documents from board meetings into a workflow prior to the board meeting. Directors also have access to a private area where they can share and discuss documents. They can annotate files and upload personal notes, and communicate in a variety ways, including in one-on-one conversations with other members or groups. It employs strong browser security to ensure that your information is safe and adheres to strict security guidelines.