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Board management software is an application or website specifically designed to support a board of directors and administrators by providing secure access to digital meeting materials. Also known as a “board portal,” this technology is an important tool that assists enhance governance and improve efficiency at the board level. Many view https://socialboardroom.com/volunteer-management-software-for-nonprofits/ it as an expensive addition to the boardroom, however, in reality, it’s an investment that could pay for itself through increased efficiency and reduced processes.
A high-quality solution for board portals offers a range of costs, from free to highly-priced depending on the features are included in the platform and your needs as an organisation. In generally, paid solutions have subscription fees and additional charges for customizations and additional features. However, the cost is much less than the traditional method of photocopying documents, and then mailing documents via post. This could save you money in the long run on printing, administrative costs and other materials costs.
Govenda, a Diligent brand, provides affordable, feature-rich board governance software designed for nonprofits, community healthcare organizations, higher education institutions and credit unions. The software comes with the tools, insights and analytics required to boost efficiency at any stage of the governance cycles.
With a secure, central location for all meeting management materials it eliminates the requirement to send sensitive information via email and lowers the chance of data breaches. The software supports more effective meetings by supplying easy-to use tools for taking notes, sharing them, as well as creating surveys and polls, and providing participants with the ability to electronically sign legal documents.