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How to Select a Board Meeting Software
Conducting a virtual board meeting is a smart way to keep everyone engaged. There are many different tools that are not alike, especially when it comes to meeting productivity and ease-of-use. When you’re evaluating possible tools for managing your board be sure to look for a simple user interface that’s free of distractions and requires minimal training to master. It is important to look for features like integrated video conferencing that allows you to hold meetings in one place. This will allow you to concentrate on your task instead of switching between different tabs and applications. In addition, you should look for solutions that offer tech support, tutorials and workflow training, so you can ensure your board members can go through an easy adoption process.
One of the most used features in modern board management software is real-time sync, which means that once directors sign in to their board portal, they’re immediately presented with the most recent version of every document. This eliminates the need to compile and distribute meeting materials following the event, saving time and effort for administrators. Additionally, online collaboration capabilities enable board members to record notes and discuss their thoughts in a collaborative format, which helps improve meeting preparation and meeting outcomes. Some board-level platforms allow attendees to vote in a way that is a great way to reach consensus about the governance policies and hiring. In the UK for instance section 360A in the Companies Act allows businesses to adopt an online voting system instead of a show-of-hands voting system and keeps track of the outcomes of each decision, thereby increasing transparency and trust among shareholders and investors.