Board management software can be an app or website that is specifically designed to provide a board’s members and administrators with secure digital meeting materials. This technology, also known as a “board-portal,” is an important tool to improve governance and generating efficiency at the level of the board. Many believe it’s an expensive addition to the boardroom. In fact, it’s an investment that pays off through the efficiency of the process and improved efficiency.

A top-quality portal for boards has a variety of pricing, from free to highly-priced, depending on what features it offers and your needs as an business. In general, paid solutions include subscription fees as well as additional charges for additional features or customizations. However, the cost is significantly lower than the conventional method of printing and mailing meeting documents. This could save you money in the long-term on administrative costs, printing and material expenses.

Govenda is a Diligent Brand that offers affordable board governance software that comes with an array of features. It’s designed specifically for non-profits, community health organizations and higher education institutions and credit unions. The software includes the tools, analytics and insights needed to drive efficiency across all responsibilities at any stage of the governance cycle.

The software decreases the likelihood that sensitive information will be leaking by storing all meeting materials in one central, secure location. The software facilitates more efficient meetings by offering simple to use tools for taking notes, sharing them, as well as creating surveys and polls, and providing participants with the ability to sign legal documents electronically.