www.boardroomblog.com/top-preventable-organizational-compliance-risks
It is essential to select online software that is efficient and productivity when selecting tools for the board. Free software may lack features that are essential to achieving organizational goals and can make it more difficult for board members to finish tasks. It is also crucial to think about the overall cost of these tools and determine if they will be cost-effective for the board.
A good board management tool should have an easy-to-use, secure virtual meeting space and allow for document storage and sharing. It will also allow an easy and simple scheduling process for events and meetings. One-click RSVPs and timely notifications keep board members informed about the progress of meetings. Directors can share proposals and updates, share documents and notes and sync messages with personal emails.
When the board or committee meetings are scheduled directors will be provided with a digital board book which contains all the important information for forthcoming meetings. Directors can look over and edit the information prior to the meeting. Then, during the actual meeting, they can easily navigate between sections using one-tap navigation. During the meeting, they can annotate, share and chat with each other.
It is important to take into consideration the reputation of the vendor as well as their customer service when selecting an online board. Ask the vendor about their security policies and what training they provide. The best board management platforms will offer a complete secure repository that is secure and offers security that is bank-grade. They will also have a knowledgeable team of experts to answer any questions.