Tools for collaboration during board meetings enable teams to discuss and resolve issues as if they are all in the same place. These tools must be simple to use, effective and secure. Meeting preparation and follow-up after the meeting should be as simple and efficient as you can.
A few years ago, tools for team collaboration such as Google Docs, Skype, or Yammer could suffice for discussions and meetings. These tools are no longer adequate to meet the demands of modern boards. Board members want more from their management tools for boards than simply document sharing and discussion forums. The new software for board meetings is designed to meet these requirements and assist businesses in getting the most from their meetings and decision-making processes.
The most effective tools for board-level collaboration are intuitive and highly customizable, allowing users of all technical skills to quickly learn the software. Many of these software products also have advanced features that enable a wide range of pre – and post-meeting activities. Some of these software solutions even allow for immersive and interactive virtual meetings. Others integrate revenue management tools to provide real-time financial information that help boards know the trends in the business and their impact on their decision-making.
A streamlined process of scheduling and archiving meeting materials is one of the most essential features of any software for managing boards. Some solutions allow for board members to sign documents electronically, while others permit meeting notes and annotations to be shared. Furthermore, certain software offers more security by allowing administrators to limit access to certain board members and/or meetings.