http://www.thedailyboardroom.com/what-is-a-board-management-software
The use of software for boards is now a standard feature for organizations that wish to streamline the management of meetings which will increase productivity and make governance more effective. This trend is globally-wide and is driven by a myriad of factors, such as the growing demand for transparency and risk reduction from regulatory bodies, a rise in the number of technology-literate board members, and the capacity to reduce costs through efficiency gains.
Modern board portals come with a wide range of features that let officials manage all aspects of their meetings from an integrated platform. They can cut costs and time by utilizing a single system to handle tasks like communication, document management and voting. This allows them to concentrate more on the preparation of meetings and delivering high-quality information that is essential to successful board meetings.
Board members must be able to access latest data and documents to make informed decisions that align with the goals of their business. Digital board portals allow directors to work on documents and share comments with others in a single session regardless of their location or device. They permit anonymous voting on sensitive issues.
The ‘anytime, anywhere’ remote accessibility that is provided by modern board portals enables directors to connect from any device, at any time, and with no requirement for any special software or app downloads. Directors can work from their home at a restaurant, in an airport, or on the move.