Board management software (also known as a portal for boards) is an electronic application that helps facilitate communication and collaboration between committees and boards and committees, thereby reducing the time spent in meetings. Board members can view and exchange documents online in a secure environment, and communicate with one another in between meetings and after. It also includes the tools needed for the creation of agendas, surveys, and votes that enable all members to participate and take decisions together.
Aprio’s management tools for boards allow boards to reduce time spent on preparation for board meetings. It is possible to make an agenda and then update it in minutes with the right features. These tools provide several layers of security and strict security that allows administrators to manage the access rights.
Meeting times can be reduced by providing easy access to all documents before the meeting, scheduling meetings ahead of time, making it possible to utilize agenda templates and adding new items with the click of a button scheduling discussion time for agenda items and including a short break between each session. Board management tools include a board notepad where directors can share their opinions on specific issues either at or after the meeting. This lets them take an active part in the discussion.
Board management tools permit easy sharing of important reports, like the chief executive’s report, financial reports, and committee reports. This eliminates the necessity of conserving the paper copies of these reports and saves printing costs as well as going paperless helps preserve the resources of the earth.