A board management tool is a system that helps directors and other stakeholders organize and conduct meetings. It can aid an organization keep the track of agendas minutes, agendas, and other tasks related to the board. It can also be used to securely communicate with other executives and board members.

The software provides a variety of capabilities, including document storage distribution, and collaboration tools. It is customizable to meet specific requirements, and usually includes features such as task tracking, permission control, and full history of versions. It can also be made to work on mobile devices, providing greater convenience and accessibility for users.

It is essential to evaluate a board management software by taking into consideration the specific needs of a company and how it will be utilized. This includes establishing the number of board members and what kinds of information they have to communicate. Once the requirements have been established it will be much easier to identify the vendor that can provide the best solution.

As the demand for these solutions continues to rise, more vendors offer their own solutions. The most successful ones are able to offer a complete package of features that cover every aspect of the board’s cycle including preparation prior to meetings and follow-up after the meeting. For instance, some software provide an “reading click this link now room” into which additional material could be placed that is not part of the official board package, but may be required for research or to assist in discussions during meetings. This cuts down on time needed to create the pack, and also ensures that all the relevant information is available for directors to go over.