Board meeting software is a digital tool used to manage and facilitate meeting in-person or remotely. It was designed to meet the specific needs of organizing and conducting these crucial events. It includes features to simplify meeting preparation, share documents, record minutes, and facilitate secure communication among directors. It also offers advanced security layers that control access, ensure compliance, and remotely erase data from lost or stolen device.
To avoid purchasing unnecessary features, it is essential to identify what the company’s “must-haves” are for the board management software that they choose. Once the “must-haves'” are identified choose the best software that meets the requirements and that fit next page within the budget of the company.
When you are in the board meeting software selection process, it’s important to select a solution that is easy to utilize and doesn’t require extensive technical assistance. This will make it easier to avoid lengthy, back-and-forth emails. It also can boost the efficiency of directors and the quality of the information and documents shared.
Another aspect to consider is whether the board meeting software has the capability to monitor and assign action items after a meeting. It is crucial that all tasks agreed upon are completed prior the deadline. In addition, it is important to know if the system informs the individual assigned an action item of any modifications made to the task. The system should also allow them to contact other directors via in-app messaging.