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How to Choose a Board Meeting Software
How to select the right software for your board meeting?
Conducting a virtual board meeting is a smart method to keep everyone involved. Not all tools are the same, especially when it comes to meeting productivity and ease-of-use. When you’re evaluating tools to manage board meetings to use, you should seek out a simple interface that is free of distractions. It is also recommended that you take a minimum of training. Consider features such as integrated video conferencing that allows you to conduct your meetings in one location so that you can concentrate on the task at hand instead of switching between different apps and tabs. Look for solutions that provide tutorials, workflow instruction and technical support to ensure your board members can seamlessly adopt the solution.
One of the most commonly used features that is available in modern board management software is real-time syncing. meaning that whenever your directors log into their portal for board members, they are immediately presented with the most current version of every document. This means that administrators don’t have to prepare and distribute materials following a meeting, which saves the time and effort. In addition online collaboration tools allow board members to write notes and share their thoughts in a collaborative format, which enhances meeting preparation and meeting outcomes. Some board-level platforms also facilitate the voting of attendees which is a great way to achieve an agreement on governance guidelines and hiring decisions. In the UK, section 360A allows companies to utilize an online voting system instead of a show of hands vote. The outcomes of each decision are recorded, increasing transparency and confidence of investors.
