Collaboration tools for board meetings help teams from different locations to discuss and solve problems like they are sitting in the same room. These tools should be simple to use, efficient, and secure. Meeting preparation and follow-up following the meeting should be as easy and efficient as possible.
Several years ago, tools for team collaboration such as Skype, Google Docs or Yammer were sufficient to facilitate meetings and discussions. However, today, these tools are not enough to meet the requirements of today’s boards. Board members are seeking more than only document sharing and discussion forums from their management software for boards. Luckily, a new board meeting software has been designed to address these requirements and help businesses make the most of their meetings and decision-making processes.
The best board-level tools for collaboration are easy to use and customizable, allowing users of all technical skills to quickly master the software. Many of these software applications offer advanced features that permit a wide range of pre and post-meeting activities. Some even provide immersive and interactive virtual meeting experiences. Some integrate revenue management software to provide real-time financial data that help boards discern trends in the business environment and their impact on their decision-making.
One of the most important elements of any board management tool is a streamlined process for scheduling and archiving materials for board meetings. Some tools allow board members to sign electronically documents, while others allow notes and annotations during meetings. Certain software offers more security that allows administrators to restrict access to specific board members or meetings.