Board management software, also referred to as a portal or a board portal, is an online application that facilitates collaboration and communication between committees and boards. It makes meetings easier to process. It lets board members examine and exchange documents in a safe online environment and engage with each other before meetings, during and after. It also provides tools to create agendas and surveys, as well as votes for all members to take part and make collaborative decisions.
Aprio’s board management tools let boards reduce the time spent on preparation for board meetings. With the right features, it’s possible to make and edit an agenda in just a few minutes. These tools also offer several layers of security, enabling administrators to control access and ensure that sensitive information is kept safe.
Meetings can be shortened by making it easier to access documents beforehand, scheduling meetings ahead of time, using agenda templates, adding new items at the touch of a button, timing discussions for agenda items, and adding a brief break between each session. Board management tools can also include a notepad that is shared across the board, where directors can share their thoughts on certain issues during the meeting, or after taking a more active role in the discussion and contribute to better results.
Board management tools permit easy sharing of important reports like the chief executive’s report financial https://boardwallet.com/ reports, the chief executive’s report, and committee reports. This eliminates the need to archive the documents on paper and saves on printing costs.