Digital Board Governance Tools

A board governance tool will simplify manual tasks, like collating meeting agendas and organising agendas and minutes. It will also allow directors to share documents, monitor the progress of their tasks, and allow legally binding electronic signatures for board decisions. In addition, it will help with the preparation of boards for their next meeting by highlighting what issues need to be addressed and giving access to reports and proposals, as well as other pertinent information.

A good digital board management system will include features like:

Boardbook’s portal for board members is a powerful fully digital tool. It features an appointment scheduler that maximizes attendance. The CEO and Chair can set dates for distributing papers, and to hold meetings to report to the Board and to establish an agenda. It also comes with an archive of documents, which lets you save important documents, such as meeting reports. It also offers a variety of tools for communication including discussion forums and chat as well as 1:1 and group communication channels and an annotation tool that permits users to highlight or add comments to any file uploaded to the book for board meetings.

Diligent is a cloud-based system that encapsulates all the elements of http://boardmeetingonline.blog/board-governance-at-private-companies-staying-in-compliance-with-the-law a board meeting into software, including the collection and collation of materials, agenda setting minutes, agendas and the uploading of documents from board meetings into a workflow before the board meeting. Directors also have access to a private area where they can discuss and upload documents. They can annotate files and upload personal notes, and communicate in various ways, including 1:1 discussions with members or groups. It employs strong encryption in browsers to ensure the security of your information and meets strict security policies, mitigating risk and keeping your data safe.