Board management software is here to revolutionize how you manage your board of directors. This tool streamlines collaboration, enhances security, and saves valuable time otherwise lost in endless email threads. With board management software, you empower your managers to ensure organized, efficient, and unified board governance
Effective organizational board management is essential for not only survival, but also thriving. It involves critical decision-making, safeguarding stakeholder interests, and navigating complex processes with high stakes. These responsibilities demand clear communication, meticulous scheduling, and comprehensive documentation.
Geekflare has picked the following best board management software based on pricing, features and suitable for small to medium business.
- 1. Boardable
- 2. BoardManagement
- 3. BoardPaq
- 4. BoardPAC
- 5. Diligent
- 6. iDeals Board
- 7. OnBoard
- 8. BroadPro
- 9. Aprio
- 10. Nasdaq Boardvantage
- 11. Convene
- Show less
You can trust Geekflare
Imagine the satisfaction of finding just what you needed. We understand that feeling, too, so we go to great lengths to evaluate freemium, subscribe to the premium plan if required, have a cup of coffee, and test the products to provide unbiased reviews! While we may earn affiliate commissions, our primary focus remains steadfast: delivering unbiased editorial insights, and in-depth reviews. See how we test.
1. Boardable
Boardable is great for non-profit organizations that can equip their team with the right set of tools to focus on managing and leading.
Built for non-profit leaders by non-profit leaders, Boardable centralizes the communication between your board and you. With intuitive tools, you are more empowered to work with better efficiency and collaborate with committee members and your board.
Find the most preferred meeting times, store your document securely, participate in productive discussions, and a lot more in a single place. Boardable uses strong browser encryption, which is why your data remains safe, including any files you may download or upload.
In sensitive documents, restrict their access only to certain designated users, and prevent unauthorized access. Customize their dynamic templates or start creating them from scratch to directly help your committee with a private note annotation from the board portal.
After having created your agendas, you can email the same to your board members in PDF format with a single click. The communication feature in Boardable helps you save time in scheduling meetings or digging deep to manage attachments.
Boardable allows you to integrate with multiple tools seamlessly, such as Google Sheets, Excel, Outlook, Google Calendar, and more. In addition to all these, the software is affordable and starts at just $79/month.
2. BoardManagement
Collaborate with your board members from anywhere across the globe using BoardManagement. To help you manage your board members in every aspect, the software simplifies the entire process, keeping everyone in the loop.
It comes with a comprehensive, secure, and simple portal so you can conduct meetings, collaborations, document management, record keeping, etc., with ease. The service provider adheres to stringent security policies to protect your data, including files, credential records, personal information, and conversations.
BoardManagement devotes itself to providing you with the best practices for governance to maintain your organization’s sustainability and health. Collect attendees, track events and meetings, add materials, etc., with in-depth details, timely notifications, and 1-click RSVPs.
Post proposals and updates, organize discussions based on topics, and synchronize communications using your personal email. Store board documents safely, create member directories, connect with them through personalized profiles, follow their activities, and whatnot.
Furthermore, you can also create tasks, assign them to people, add documents, set deadlines, and communicate to ask about the task progress. Drag and drop files, keep them organized in folders, upload a file from comments, events, or discussions, organize your documents by tags, and a lot more.
3. BoardPaq
The paperless and cost-effective solution to centralize and manage your board information and data is BoardPaq. This next-gen tool offers an easy-to-use cloud service to facilitate seamless communication and collaboration among your board members during, before, and after your meetings.
BoardPaq prioritizes maintaining the confidentiality and security of your board data. You also have the option to adjust the security features of the software to meet your exact needs. They provide straightforward apps for web browsers, windows, and iPad with one-touch options for faster execution.
Irrespective of your skill level, you can use the simple layout of BoardPaq for navigation in a matter of moments. The intelligent admin center of BoardPaq allows you to manage or organize everything in one central place. You can split up the tasks across your groups using multi-admin permissions.
The platform also allows you to manage last-minute modifications and update them in real-time. Save your time using tools such as agenda builder, reporting, minutes builder, and more. BoardPaq is great for organizations, including banks, K-12 schools, healthcare, profit, and non-profit organizations, local government, and more.
4. BoardPAC
BoardPAC is an award-winning solution for board management that can simplify, secure, and digitize meetings for a board of directors. It is available to use in around 40 countries across the globe. And offers the highest security and confidentiality standards with user-friendly functionalities.
It supports cross-platform devices, iPads, Android, and Windows, and is a great software for corporate governance meetings. With easy-to-set-up agendas and uploading them and meetings and resolutions, management is one of the key aspects that have attracted big companies towards BoardPAC.
The software also provides you with the facilities of meeting minutes and tracking assigned tasks and actions. It allows you to incorporate board voting through the board portal directly and board approvals and surveys. You can also send automated reminders or follow-ups for better results.
Another impressive feature of BoardPAC is the pre-board facility. It allows divisional heads to submit the documents seamlessly before the board meeting. You can also set up upcoming meeting dates plus get member confirmations for their availability.
Similarly, the post-board facility allows you to compile the communications through emails with interactive templates post-meeting completion. You can also include approvals and outcomes in those compilations, allow access, and track the communication between board organizers and divisions.
BoardPAC lets presenters acknowledge that they are in the next slot with the system sending status alerts. This way, company secretaries and organizers could communicate easily with the lined-up presents via a message without leaving their board meeting. The platform facilitates easy navigation and access to a meeting or resolution requiring their attention with a simple click.
You can move new agendas that are under review or awaiting approval. Get a 360-degree of actions through the agendas, including documents, annotations, version comparisons, comments, past papers, and more. BoardPAC also allows you to add videos to your agenda to put out important information or a person’s speech who could not attend the meeting.
Include e-signatures as well as approvals, and compare a page side-by-side for a better review. Leverage the presenter screen to share your screen with everyone or chosen members in a meeting. It allows encrypted chat between participants, groups, organizers, etc., during, before, and after a meeting.
5. Diligent
The simple, secure, and efficient platform of Diligent is built for executive and board meetings. It allows you to expand your reach beyond the boardroom and typical meeting needs like distributing materials in the board meeting inside a safe environment.
Carry out board evaluations, view industry-leading thought leadership, and complete D&O queries. Get real-time analytics for your company and the industry you serve in, along with curated resources and news to stay updated with the current business scenarios.
Use real-time insights to create customized reports and alerts for specific events or corporate health modifications. Leverage their artificial intelligence to improve your key insights, trends, and development while eliminating time-consuming tasks.
You can integrate data from multiple business elements, such as legal, finance, tax, compliance, and treasury, in one record system. This wholesome integration conveys your subsidiary information and critical entities securely.
Work on improving governance oversights like director interlocks or board diversity by accessing director data. Diligent Entities can help you centralize, structure, and manage your corporate record effectively to enhance entity governance while ensuring better compliance, decision-making, and risk prevention.
Diligent provides a secure, streamlined, and digital meeting process with agenda management, status updates, document collation, and material publication concerning the meeting within minutes.
6. iDeals Board
Carry out smooth and efficient board meetings with iDeals Board – the seamless software to streamline structured meetings, compliance, and decision management. Powered by iDeals Virtual Data Room, it yields a user-friendly system that ensures easy navigation even for the average technical firm. Collaborate securely and centralize document sharing to simplify board communication.
You can streamline your meetings with its robust board management system. Effortlessly collate and work together on agendas and materials and run invitations smoothly for simplified decision-making. Enjoy convenience with an all-around solution to conduct offline or online meetings rich in features like voting, noting, and smooth action item handling.
After the meeting, remain organized using automatic reminders, track real-time progress, and secure access to all details discussing the meeting. Automatic meeting minutes make it easy to use and follow through the process.
iDeals Board Pros
Intuitive navigation
Structured Meetings
Downtime tracking function
iDeals Board Cons
No trial or free version
Lack of real-time collaboration
7. OnBoard
More than 5,000 organizations using OnBoard, the secure board portal, rely on it for their creation of meetings and collaboration in real-time. OnBoard intuitive tools also bring insightful analytics to enhance the decision-making process.
It successfully performs more than 100,000 meetings yearly from its broad user network with 172k+ loyal users governing through the platform of OnBoard while maintaining the impressive tally of 400+ average number of daily meetings reflecting their trust in the platform.
Leverage the inherent power in rich data made available through OnBoards’ advanced technology to deliver actionable insights such that they are optimally prepared for critical decisions at each meeting and every step of effective governance.
OnBoard offers features such as Real-Time Collaboration, Secure Messaging, Meeting Minutes tools, and robust security features like Azure secure, 2FA, SSO, Encryption, etc.
OnBoard Pros
Rich data and actionable insights
Simplified Meeting Administration
Intuitive Technology
Office 365 integration
OnBoard Cons
Limited Multi-Board Functionality
Customization limitation
Add-on cost extra
8. BroadPro
BoardPro is the ideal solution for executives, administrators, and small- to medium-business enterprise and nonprofit organization boards. Using most of the tools proposed by BoardPro streamlines the governance process by assisting in one central place the meeting organization, document storage, interest tracking, and even secure voting capacity.
All board members will have access to all necessary information readily accessible at any time from its single centralized source. Executives enjoy clearer reporting, simple oversight, and reduced complexity, which frees up more focus for executing strategic plans.
Meetings can run smoother than before with BoardPro, as it has a built-in feature that allows an easy agenda-building process.
Additionally, through the use of a friendly pack builder, producing and distributing board packs is as easy as a click. Even with sensitive data, security will still remain at the top since they will, aside from being stored securely in a cloud, have login authentication to encrypt them.
BoardPro Pros
Automated workflows
Provides multiple layers of protection
Timely board packs
BoardPro Cons
Limited Business Problem Resolution
Limitations in customization options
Cloud convenience comes with offline risk for board papers
BoardPro Pricing
BoardPro is free for 30 days. The price starts at $1650 per board annually.
9. Aprio
Aprio is the world’s most advanced cloud-based board management software for an organization, intending effective and cost-effective corporate governance.
Its friendly interface ensures easy sharing of board materials, enhancing productive meetings and better decision-making outside a confined meeting room.
All your relevant information and discussions are in one easy-to-use platform within the great platform of Aprio.
There will not be any more preparation stress since the platform takes care of all that for you. Just make board meetings, upload documents, and schedule within no time. Its centralized portal means that one can access its schedules, minutes of meetings, and agendas, among other essential papers available in its database, from any device within whichever location.
Aprio Pros
24/7 support
Good Governance Tools
Ease of use
Aprio Cons
Lack of Integration
Difficult to “drop and drag” files
Lack Automation
10. Nasdaq Boardvantage
Nasdaq Boardvantage performs as one of the efficient board portal solutions that support collaboration, decision-making, and preparedness of directors, committees, and leadership teams. It features meeting management simplicity for corporate secretaries, and administrators expressed in agenda-building tools and material distribution capabilities.
More than 4000 organizations, besides some of the largest Fortune 100 clients, use this software.
Nasdaq Boardvantage helps directors communicate with one another through different avenues while actively participating in the meetings with the help of the required and updated information just in time, before, during, and after the meeting.
Moreover, keeping all the communication processes streamlined without breaching any confidentiality, this secure platform allows corporate secretaries to manage you and keep you well informed by timely notifications.
This gives easy access to all pertinent information in one place, allows smooth communication through the app’s emailing aspect, and allows easy reviewing of meeting materials across the different devices.
Boardvantage Pros
Efficient Board Operations
24/7 Award-Winning Support
Secure multifactor authentication
Boardvantage Cons
Learning curve
Costly for small organizations
Lack of integration
11. Convene
With a global reputation for excellence, Convene is the leading board portal and management software utilized by executives and board members worldwide.
Its cutting-edge features include agenda creation, real-time collaboration, secure document access, Minutes taking, Annotations, Voting and resolutions, task management, centralized data management, and many more.
It can be accessed across multiple platforms, such as iPad, Android devices, Mac computers, or web browsers.
Its customer base is over 100k, and the company claims that 99% of clients renew every year. Some of its esteemed clientele include Fidelity, Queen Mary University of London, Institute of Corporate Directors, Kenya Airways, Tesco, and many more.
Top corporations like FTSE 100 and some Fortune 500 companies adopt the Convene platform. This user-friendly platform simplifies meeting procedures, making it the preferred choice in digitizing meetings of diverse organizations worldwide while ensuring utmost security.
Convene Pros
Digital Signature
Audit Trail
Secure board portal
Convene Cons
No automation
Pricey for budget constraints companies
Survey features need to be improved
Convene Pricing
You can try Convene for FREE for 30 days.
What is board management software?
Board management software is a digital platform designed to streamline and centralize the processes, communications, and information necessary for effective board governance. It provides a secure, collaborative portal where board members can access meeting materials, review documents, participate in discussions, vote on resolutions, and track decisions.
Board management software goes beyond simple communication tools. It can also facilitate:
- Document Management: Secure storage, organization, and distribution of board materials like agendas, minutes, reports, and policies.
- Meeting Management: Scheduling, agenda creation, minute-taking, and follow-up on action items.
- Collaboration: Discussion forums, annotations, surveys, and real-time communication tools.
- Data Analytics: Tracking of board activities, decision-making patterns, and performance metrics.
Board management software is typically deployed in the cloud, offering benefits like easy scalability, accessibility from anywhere, and reduced IT overhead.
Why does a company need board management software?
The technological advancements and increased competition in the market demand organizations to conduct their business differently. Offline meetings are no longer the only option available, plus you can’t afford to waste time and resources. The majority of us are working from home.
Hence, board management software seems like a wise choice for you. Let’s look at the benefits that scream you must have this software.
Easy and quick access to board data
The documents and information are placed centrally in board meeting software. As a result, it facilitates easy and quick access to those data to help members make decisions faster. It saves you time instead of asking your admins to provide all those materials.
Reduced preparation time for scheduling meetings
The software reduces the preparatory time for scheduling meetings, which can be done within minutes rather than hours. You no longer have to go through the pains of assembling documents or shipping and printing their copies.
Everything is available in the cloud for you to help expedite the meeting arrangements, systemize committees, request votes, share files, ask for feedback, and conduct surveys.
Data access control and enhanced security
You have the full control to add members, remove them, share information with specific people, control passwords, and so on. Everything is also secure with industry-grade encryption used by most service providers that also comply with the regulations.
Besides, if anything goes south, you have the option of data recovery. You can schedule automatic backups to prevent your organization from losing out on important data.
Cost-effectiveness
Board management software saves your resources invested on travel and accommodation of members, plus the expenditure on printing or shipping the documents. It also saves you a lot of time that you can invest in growing your organization. Apart from that, cloud software also comes at an affordable cost while saving extra expenses on maintenance.
Conclusion
I hope all the information on board management software and its features and benefits are helpful to you. Keeping this information and your exact requirements in mind, choose any one of the solutions I have explained above. It will help you expedite your meetings, facilitate smooth collaboration and decision-making, and stay ahead in the race.