https://boardroomspace.info/majority-shareholders-and-company-control

Board management software, also referred to as board portals, is a computer-based tool that helps boards of directors, their administrative staff, and their members to organize meetings distribute, edit, and communicate key information. It reduces the need for paper, boosts productivity, and enhances governance. With key features like online meeting management and document storage, eSignature functionality, and much more, board governance software is a perfect solution for nonprofits who need to improve efficiency while also saving time and money.

Facilitate meetings using tools like meeting management video conference integrations, meeting management tools and private online workrooms so that your team is prepared to discuss agenda items prior to. With streamlined meetings, members can focus less doing administrative tasks and spend more time discussing the issues of the day.

Utilizing key governance functions such as e-signature and task tracking, among other features, you can boost accountability by having your board members sign documents during or after meetings, or even outside the meeting room. This makes sure that the board’s decisions are documented in full and improves transparency and accountability.

Control permissions to share information at a sub-granular level, so that committees can access information relevant to their roles and the board has the ability to centrally control all discussions and material. This is important for nonprofits who must follow federal regulations in order to continue to receive funds from their government partners.