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Board Management Tools
The most effective tools for managing boards provide a secure, digital environment for meetings documents and activities. This lets directors concentrate on governance and strategic oversight and eliminates the threat of data leaks, hacking, or confusion caused by email that is not secure.
Board members are able to spend more time with their colleagues with centralized access to meeting documents and tools. The most effective board portals enable streamlined agenda creation as well as recording minutes of meetings. Users can also take advantage of collaborative tools like real-time videoconferencing and shared document editing to encourage productive conversations in the boardroom.
A good board portal must be user-friendly and provide a variety of plan and pricing options for all kinds of companies. The most common structure for fees is a subscription model with different levels of service based on the amount of users and the services offered. Contact potential vendors to inquire about additional charges, such as extra storage for data, ongoing training and other charges that may be encountered during the process of implementation or as your needs grow.
Once you’ve seen the benefits of a board portal and the increased efficiencies that come with it, think about expanding your solution to other groups within your organization. Memorial Health System, for instance, utilizes BoardEffect to manage many internal committees and other groups beyond their board of directors. This allows them to deliver efficiencies to the wider public, including foundations, staff, and event committees.
