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Board Management Software automates and improves the efficiency of day-to-day tasks for boards, including meeting preparation and follow-ups. It also helps with data analysis and document production. It also ensures that best governance practices are incorporated into the process. For instance, it can encourage discussions on health and security issues early on the agenda, or ensuring approval of the meeting minutes at a subsequent meeting. This type of software usually integrates tools for collaboration and communication, such as video conferences as well as calendar management tools. software for creating and storing documents and even e-signature capabilities. Certain products are specifically designed to support a broad range of industries, while others are focused on specific areas.

When deciding on the right board portal for your organisation it is crucial to consider the security measures it has. Hackers are always searching for ways to hack into your company’s system in order to steal, spy or to extort. Selecting a board portal with the highest level of security will help to reduce these threats and reduce risk of a security breach.

A great board management system can also incorporate features to help with participation and good governance, like a dynamic agenda builder that allows attendees to access a list of relevant documents prior to the meeting to raise questions or concerns during the session. Other tools such as an agenda tracker or survey tools are useful for increasing accountability, in-group transparency, and overall engagement in and out of them.