Board reporting software is a great tool for communication and collaboration, which allows for various management tasks. Some of its features include meeting agendas and discussion tools, e-signature capabilities, document annotation and review, centralized archiving, video conference capability and more. These features allow board members and executives to reduce time, boost their decision-making processes, and ensure compliance.
Making a strong board report requires careful planning and preparation. To make a meaningful contribution to the discussion in your boardroom, the information you present must be concise, pertinent and effective. You should also choose the right format and graphics that are impactful but not overpowering. If you use too many complicated images, they can overpower the viewers, whereas simple text might be difficult to read and understand.
It is essential to choose the appropriate board meeting reporting tool for your needs. Some tools are specifically designed to help with many different meeting-related tasks like file-sharing solutions or virtual meeting platforms. Some are specifically designed for board meetings, like agenda and meeting management tools or portals for board meetings.
Abacum, a cloud-based tool for reporting on board meetings, can help you simplify your board report preparation and distribution process. Its dashboard and report templates can be tailored to suit the specific needs of your business. Its robust login and activity reports give valuable insight into member engagement, and ensure that your board is informed. This tool can be particularly beneficial for businesses that require regularly update their financial, operational or workforce performance metrics.