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Board governance is the structure that outlines how a company is run. As businesses grow their meeting and board processes must be able to grow. It can be inefficient and time-consuming to use traditional methods like email or file sharing apps. Board management software can make this process more productive and allow board members to concentrate on what is important taking decisions that will move the company forward.

Digital board portals, as opposed to traditional board books, offer directors with an unsecure, single location to access all meeting material and also communicate. Board members can make use of an intuitive interface to review and add annotations to documents in real time even while simultaneously from different locations. They can also create private or public discussion rooms, and communicate with each other directly via messaging tools. These tools allow directors to stay involved before, during and even after meetings, so they can make informed decisions.

Board portals should have an intuitive user interface and provide reliable statistics on uptime. They should also be secure. Data encryption and robust application hosting are essential as is the capability to track every step and upload for compliance purposes. With features such as reminders and notifications, directors will be aware when it’s the right time to submit an electronic signature, cast a vote on open approvals, or respond to surveys.

Govenda, an easy-to-use board governance software, is designed to make it easier for administrators and directors to check off their responsibilities. The software is simple to use, and offers an intuitive and well-guided experience as well as flexible dashboards. It offers enterprise-grade security, with AES-256 encryption of documents, multi-factor authentication and permissions dependent on roles and groups, remote wiping, permanent purge, and audit trail.