27 Ιουνίου 2024
There is a saying that “less is more.” This adage is applicable to many different situations that range from the length of speeches to the weeks in winter, consumption of natural resources, to strokes in golf, and many more. This is especially applicable when it comes to the use of paper in board meetings. To become a paper-free board requires careful planning and dedication from the entire team. However, in the end, the results are worth the effort. The following article, from our friends at BoardEffect, outlines some key aspects to keep in mind when switching to a paper-free board.
Boards face a variety of issues, such as the time required to review and create materials for meetings. A board portal enables directors to access their documents prior meetings, and to view them on any device. Directors can sign a digital book of the board, allowing them to sign their unanimous written consent outside of the meeting. This reduces printing, distribution and shipping costs.
A board management program can also help you to ensure that all meeting materials are up-to date. With the aid of a board-management app, updates are reflected instantaneously to everyone, which makes the process efficient and cuts down on numerous hours of resource.
As with any new software it is important to provide the right training and support for board members. This will help them become familiar with the software’s capabilities and improve their efficiency.
https://edgudent.com/balancing-budget-and-security-how-to-choose-the-right-data-room/