Board of directors software is a cloud-based service, is a tool that allows you to structure virtual board meetings and improves communication between members. It also helps boards to achieve the best governance. It helps eliminate the need for physical meeting materials, and also provides secure document storage that is protected by advanced encryption protocols. It allows directors to access many features, including eSignatures, voting, directories, and more. It is often utilized in conjunction with boards portals and provides the best management of board meetings tools to facilitate effective collaboration between board members.

One of the most significant features is the ability to upload agendas, board books and other meeting documents. These documents can be edited, annotated and shared via the platform by using a variety of tools. Directors can prepare for meetings in a short time and assists with the distribution of minutes following the meeting. Many of the top software providers for boards have video conferencing capabilities so that virtual meetings are held without important source having to switch apps.

The addition of an eSignature feature to the portal can reduce the need for paper and speed up the approval process. Some solutions allow you to create a signature request, and then track the development of the document while it is being signed. This is a great method to help your company reduce costs and increase efficiency.

Some of the most sought-after tools available in a good board portal include a discussion tool for the exchange of ideas between directors and a polling tool that allows for data collection in a short time, and a library of resources for education of board members. These tools can be used between board meetings to inform directors of the most recent developments within the company. They can also aid them make better decision. It also saves valuable time by removing the need for direct messaging threads.