Board management software is an app or website that is specifically designed to support a board of directors and administrators by providing secure access to meeting materials. This technology, also known as a “board-portal,” is Extra resources an important instrument to improve governance and create efficiency on the part of the board. Many consider it to be an expensive addition to the boardroom, however, in reality, it is an investment that pays for itself with increased efficiency and simplified processes.

A high-quality board portal solution has a variety of costs, from free to highly-priced, depending on what features the platform offers and your needs as an company. Generally, paid options will include subscription costs and additional costs for additional features and customizations. However, the cost is still considerably lower than the conventional method of printing photos and mailing meeting documents. This could save you money in the long run on printing, administrative costs and materials expenses.

Govenda, a Diligent brand, offers a low-cost, feature-rich board governance software that is designed specifically for non-profits, community health organizations and higher education institutions as well as credit unions. The software provides the tools, analytics, and insights required to improve efficiency across all levels of the governance cycle.

The software reduces the risk that sensitive information could be leaked by keeping all materials for meetings in a central, secure location. It also facilitates more productive discussions during meetings, by providing easy-to-use tools for taking and sharing notes making surveys, conducting polls and allows members to easily sign legal documents electronically and securely.

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