Board of Directors Software Comparison

By: Tim Mcintosh

A thorough analysis is essential when it comes time to select the right board software. To maximize the benefits of your tool for governance it is important to evaluate various aspects such as training options, security tools for governance and decision-making to ensure that the platform meets your unique needs. Additionally you should take into consideration the various ways software providers for board meetings charge for their services. You should also determine the value each will deliver to your organization.

Ask for testimonials from possible providers as you narrow down your list of potential board portal providers. You can request an initial trial period so you can try the system. You must make sure that the vendor is focusing on user experience when developing their board of director software. This can have a major impact on the efficacy of the solution for your company.

When looking at board management systems take note of the following features: Meeting invitations and scheduling tools that allow directors to design and distribute agendas for meetings, reschedule meetings or send reminders. Advanced collaboration tools that permit directors to make comments on, highlight or annotate documents in real-time. Secure document storage through a dynamic permissions system that guards sensitive information and ensures only authorized users are able to view certain files. Multi-factor authentication SOC-2 certifications, multi-factor authentication and other security measures add layers of protection from unauthorised activities both during and after transactions.

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