Board software solutions enable governance committees and leadership teams to securely share documents, convene remotely and track actions and decisions that can improve organisational performance. Modern solutions are easy to use, work with the way people work, meet legal requirements and are built for today’s multi-screen and mobile world. They also feature powerful analytics, automation, and AI capabilities that help you discover insights from data in order to make better decisions, improve productivity, and drive collaboration.
The best providers will offer flexible plans, which can be customized to meet your requirements and scaled up or back down based on the size of your business. They also secure platforms for sensitive M&A operations have the ability to customize the solution for your specific needs, providing customized workflows and modules. This allows them the ability to handle complex business processes like financial planning and reporting. They also manage supply chain management, as well as merchandise and retail management.
A key feature is secure cloud storage, which ensures that your private information is safe and protected. Look for a provider that offers strong encryption in transit, complete encryption at rest, disaster recovery options and security audits.
It’s also helpful if the chosen board portal supports the use of a single sign-on with your preferred local electronic signature service. This ensures that all attendees will have access to the exact same content at any time. It also eliminates the need for email chains and ad-hoc invites that can be risky in terms of confidential information sharing. You can also store all your meeting documents and notes on discussions in one location.