Board Management Software — An Investment That Pays For Itself

Board management software is an application or website designed to provide a board of directors and administrators with secure access to meeting materials. This technology, also referred to as»board-portal «board-portal,» is an important tool to improve governance and create efficiency at the level of the board. Many view it as an expensive addition to the boardroom, but in reality, it’s an investment that could pay for itself in the form of increased efficiency and reduced processes.

A high-quality board portal solution offers a range of costs that range from free to expensive, depending on what features the platform offers and the requirements of your organisation. Generally, paid solutions will include subscription costs and additional charges for additional features or customizations. The cost is still much lower than the conventional method of photocopying documents and mailing them via post. This could save you money over time on administrative costs, printing and materials expenses.

Govenda is a Diligent Brand that offers a low-cost board governance software that comes with numerous features. It’s specifically designed for non-profits, community health organizations, higher education institutions, and credit unions. The software offers the tools, insights, and analytics needed to drive efficiency at every stage of the governance cycle.

The software decreases the likelihood that sensitive information could be leaking by storing all meeting materials in one central secure location. The software assists in more effective meetings by offering simple to use tools for taking notes, sharing them, as well as creating polls and surveys, and permitting participants to electronically sign legal documents.

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