To be a board executive of a company is quite a luxurious title, but it doesn’t mean it comes with its own challenges. One of these challenges is establishing a place where their board meetings are going to take place. There’s lots of money to spend, but that’s okay because board meeting software can make every dollar count with its effectiveness to hold productive board meetings. Here are some of the best board meeting software available right now.
12+ Board Meeting Software
1. Boardable
2. Boardeffect
3. Diligent
4. Boardmanagement
5. Boardpaq
6. Boardpac
7. Board Room
8. Onboard
9. Board Papers
10. Aprio
11. Boardbookit
12. Boardvantage
13. Boardbook
What Is Board Meeting Software?
Board meeting software is an enterprise software where board executives of a company gather and assemble for a virtual meeting. These types of board meetings can vary, from quarterly financial reports to emergency board meetings, which the software provides tools for organizers of the said board meetings to organize and facilitate.
Benefits
A huge benefit of using board meeting software is that its paperless board meetings software can provide optimized features and solutions specifically for board meetings in mind. The software also encourages high participation and collaboration between board executives during meetings where they can discuss and decide on company matters that need to be voted on with a board agenda software to guide them during these meetings. The software also breaks down barrier walls with the software being able to notify all board members from all corners of the globe of upcoming meetings. This centralized setup helps reduce workaround time which makes services and transactions much quicker and easier.
Features
Features of a board meeting software can vary but it must have these essential features. One of them is that it should be able to provide collaborative tools to let board executives discuss and decide on company decisions together. The software should also be able to monitor the time and length of every board meeting as well as summarize every meeting which can be looked back to or brought up in future board meetings. The software should also be able to hold files such as documents where such documents can be easily seen through the software. The software should also have calendar software tools that include appointment scheduling and appointment reminders so that board executives are not out of the loop.
- Collaborative tools
- Minutes management tools
- Document management
- Calendar and appointment management
Top 10 Board Meeting Software
1. Board Room
Board Room is Australia’s leading corporate services software with its all-in-one software that includes tools to facilitate board meetings. Board Room has 172 employees and earns annual revenue of $36.1 million
2. Diligent
Diligent’s digital governance software allows businesses to optimize their company governance with tools that can help them hold board meetings. Diligent has 1,067 employees and earns annual revenue of $154.7 million.
3. Boardpac
Boardpac empowers companies with board governance software that helps them simplify and automate every aspect of board management including hosting board meetings. Boardpac has 70 employees and earns annual revenue of $10.2 million.
4. Boardeffect
Boardeffect’s modern governance tools empower companies to manage themselves easier including board management tools that help them organize board meetings. Boardeffect has 30 employees and earns annual revenue of $4.4 million.
5. Board Papers
Board Papers helps businesses with paperless board management software that allows collaborative between board executives and can be accessed from any device. Board Papers has 24 employees and earns annual revenue of $4 million.
6. Boardmanagement
Boardmanagement fosters highly productive collaborative tools where executives can work anywhere and anytime. Boardmanagement is owned and developed by Board Matters, which the company has 17 employees and earns a revenue of $3 million.
7. Boardable
Boardable empowers companies with board management and board meeting tools that help generate productive results. Boardable has 16 employees and earns annual revenue of $3 million.
8. Boardbookit
Boardbookit provides secure board management software that helps companies collaborate effectively with a productive governance environment. Boardbookit has 16 employees and earns annual revenue of $2.3 million.
9. Onboard
Onboard uses business intelligence to help board executives work productively with its smart board management software. Onboard has 8 employees and earns annual revenue of $1.2 million.
10. Boardpaq
Boardpaq’s board management software is affordable and easy to use with enough tools that board executives need to be productive and collaborate with fellow executives. Boardpag has 6 employees and earns annual revenue of around $900,000.
FAQs
While board meeting software does share similarities with other meeting software such as online meetings and video conferencing software, the key difference is what the software is and who uses the software. Board meeting software provides optimized tools for board executives to conduct their board meetings with tools that may not be seen with other meeting software. Some meeting software is probably designed for use by general users with common features found in other competitor software. Hence, why board meeting software is distinguished from other meeting software.What makes board meeting software different from other meeting software?
What is board management software and how does it relate to board meeting software?
Board management software is a specialized workspace software for board executives where they assemble, gather, and collaborate on executive matters of the company, like a more generalized workspace software for employees. Board meeting software is a feature in board management where executives gather for board meetings.
How much does board meeting software cost?
Pricing for board meeting software is mostly customized. It’s important to note that most board meeting software is a key feature in many types of software such as board management and video conferencing. As such, the pricing varies depending on the cost of the software and its intended audience. Smaller businesses can benefit more from low-cost board meeting software while larger businesses can benefit more from high-cost software.
With board meeting software, executives can effectively lead their companies better as its highly productive tools help them work better. Many board meeting software also emphasizes smooth collaboration between executives which is important in running a company.
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