Board governance is a framework that defines how a company is managed. As companies grow, their boards and meeting processes must be able to grow. Old methods, such as file-sharing and email apps can be time-consuming and inefficient. Board management software can help to make this process more efficient and allow board members to concentrate on what is important: making decisions that move the company forward.
Unlike traditional boardroomworld.com/objective-and-subjective-data board book formats, digital board portals provide a single, secure space for directors to access all meeting materials as well as communicate with each other. Board members can use an intuitive interface to review and add annotations to documents in real time and simultaneously from multiple locations. They can set up discussions rooms that are private or public and interact directly with each other via messaging tools. These tools let directors stay involved before and after meetings, so they can make informed decisions.
Alongside an easy-to-use interface, board portals must provide top security and reliable uptime statistics. Data encryption and secure application hosting are a must as is the capability to monitor every step and upload for compliance purposes. Director’s will be notified when it’s time to send eSignatures, vote on open approvals or reply to surveys with features such as reminders or notifications.
Govenda is a simple board governance software system designed to facilitate directors and administrators to complete their duties. It is easy to learn, with an easy-to-follow, user-friendly experience and flexible dashboards. It provides enterprise-grade protection, including AES-256 encryption of documents, multi-factor authentication and permissions according to roles and groups, remote wiping, permanent purge, and audit trail.
