Online board management is designed to help organisations organize more efficient meetings. By allowing board members to work together more efficiently it can drastically cut down the amount of time spent in scheduling and attending meetings and also the administrative tasks involved in setting up meetings.
A good online board management solution is able to be used on either a tablet, desktop or mobile device and is accessible from any device with an internet connection. This makes it easy for board members to access files and documents on the go. Additionally, it allows to reduce printing costs and the cost of sending documents to the stakeholders. This is done by allowing boards to share a single link that leads to all relevant papers for the board.
A web-based board management tool is also very convenient for storing and sharing information such as committee reports and fact sheets such as financial reports, HR reports and other documents using an easy-to-use file sharing feature. It can be set to automatically upload any new documents to the agenda of the meeting or board portal, and send out notifications when new documents are added.
Board members can keep notes during meetings and the software permits them to highlight key points. This feature in the board management software can encourage discussion and buy-in during meetings. This helps keep the meeting on course. Modern online board management portals also make it easy for boards to continue working between meetings by having action items identified and tracked, as well as automatic reminders of deadlines and responsibilities.
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