When looking for a software for boards, some organizations are drawn to the prospect of free software. However, a majority of these systems don’t offer the full array of features that help directors work together before, during and following meetings. Certain systems also pose security issues that could expose sensitive information to hackers. These are the reasons why trustworthy companies that develop and sell software for managing boards never offer their products at no cost.
Although free software for board members may be attractive, it usually has limited functionality and doesn’t provide reliable customer support. As a result, new board members might not be properly taught on how to use the program. Board members who aren’t adequately trained may accidentally introduce security risks. Furthermore, they may fail to follow best practices to ensure good governance during their board meetings.
In contrast to many free programs, the board management software created by industry leaders like BoardEffect provides a full feature set that includes training and customer assistance. It helps meeting administrators work more efficiently and effectively. It can also streamline everything from agenda creation to accurate meeting minutes and makes the company an unattractive target for fishing trips and frivolous lawsuits.
Board members can manage their meetings by using a software which allows them to save all meeting details in one secure location. The system also helps them organize their schedule and prepare for conferences. Some systems also allow users to vote online or share documents with just a few mouse clicks.