This software, which is sometimes referred to as board portals or meeting portals is designed to facilitate collaboration among directors and provide digital access to materials used in meetings. It can also help eliminate the cost and inconvenience of distributing and filing papers. Any group that has to communicate regularly and make decisions needs to find a way to ensure that their meetings are efficient, secure and efficient, regardless of the size of the organisation.

A well-designed board management software comes with features that permit board members to make and share agendas for meetings as well as schedule meetings, send reminders and upload meeting documents in one central online location. Some solutions also support voting and surveys, allowing board members to submit their opinions on resolutions or other issues that have an impact on the company.

Meeting prep and follow-up tasks are also essential to an effective board boardwallet.com meeting. The best board management systems include task tracking tools that allow you to create tasks lists and track the progress of these tasks. Some even let you tag people who are responsible for certain actions. This increases accountability and transparency between board members as well as between the executive team, the board and the board.

The document center is the most important component of any board management system. It lets board members access all the documents for meetings and messages from other members of the board, as well as organizational policies and their assigned tasks all in one spot. Once a board member has logged in to their portal, they will have all the documents they need for their meeting. This can greatly increase efficiency for both boards and administrative support staff as it removes the need to manually corral and distribute meeting materials prior to each meeting and also cuts down on the time spent performing administrative tasks after meetings.