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Board Management Software is used to automatize and increase the efficiency of boards’ daily tasks like meeting preparation as well as follow-ups, scheduling data analysis and document production. It also assists in ensuring that governance best practice is integrated into the workflow and encourages discussion of health and safety concerns prior to the start of the agenda or ensuring that the meeting is approved minutes at the next meeting. This kind of software typically integrates collaboration and communication tools, including video conference platforms as well as calendar management tools. storage and creation of documents software, and even e-signature functionality. Some products are designed to help a broad variety of industries, while others are targeted at specific areas.

When deciding on the most suitable board portal for your organization it is crucial to consider its security measures. Hackers are always looking for ways to break into the systems of your company to steal, spy or extort. Selecting a board portal with the highest level of security will help mitigate the risk of a breach.

A good board management system will also include features that support participation and good governance for example, an agenda builder dynamic that allows attendees to see a list of relevant documents prior to the meeting in order to bring up questions or concerns during the meeting. Other tools like a task tracker and survey tools can be helpful to increase accountability, transparency, and overall engagement within meetings and outside of them.