Board Management Software is an integrated set of tools that make your board more productive and efficient. It assists boards of directors function more effectively and efficiently by allowing them to access documents and information from anywhere and on any device. This means that board members will spend less time looking through emails and shared files and more time focused on strategy and governance.

The best board portals come with meeting invitations and scheduling tools that are dynamically created agendas with defined time limits and people assignments for each section of the meeting and embedded reference documents and a range of collaborative features like annotation tools to facilitate collaboration and discussion. Many systems provide e-signature features to facilitate the signing of documents following meetings.

Boards that utilize these kinds of systems typically are capable of meeting more often and in a more efficient manner than those that don’t. The technology makes it easier to track actions items and follow-up on tasks that were not completed.

There are a variety of vendors of software for board governance with a wide Board Management Software for Nonprofits range of products at various prices. But, it’s important to be aware that not all software are all created equal. Free systems, for instance, tend to be less feature-rich and do not always have the features boards need.

Similar to that although paid solutions may be more expensive than their free counterparts in the short run, they can save you time and money by making your board more efficient and effective. It is crucial to assess various systems against your requirements and choose one that will continue to evolve to meet your board’s changing requirements in the future.