Board software solutions allow governance committees and leadership teams to securely share documents, convene remotely and monitor data-driven approaches to M&A structuring actions and decisions that can improve organisational performance. Modern solutions are simple to use, designed to fit the way people work, meet legal requirements, and designed to work in today’s multi-screen, mobile world. They also have powerful analytics, automation, and AI capabilities that help you gain insights from data in order to make better decisions, boost productivity, and facilitate collaboration.

The top providers will provide flexible plans, which can be tailored to your requirements and scaled up and back down based on the size of your company. The best providers also customize the solution to meet your requirements through customized workflows and modules. This gives them the ability to manage complex business processes such as financial planning and reporting. They can also manage supply chain management, as well as retail and merchandise management.

Secure cloud storage is an essential feature that will ensure your personal information is secure and safe. Look for a service provider with encryption both in transport and at rest. Also, look for options for disaster recovery such as security audits, security, and end-to-end encryption.

It’s also beneficial if your chosen board portal allows for the use of a single sign-on using your preferred local electronic signature provider. This helps to ensure that all attendees have access the same content at all times. It also removes the need for email chains or ad-hoc invitations that can be risky in terms of sharing confidential information. You can also store all meeting materials and notes from discussions in one location.