anonymous https://boardroomtools.org/the-best-virtual-data-rooms-for-the-future/
Tools for collaboration during board meetings allow teams to discuss and solve issues as if they are all in the same room. These tools should be easy to use, efficient and secure. Meeting preparation and follow-up following the meeting should be as easy and efficient as possible.
A few years ago, tools for team collaboration such Google Docs, Skype, or Yammer could be adequate for discussions and meetings. These tools are no longer adequate to meet the demands of modern boards. Board members want more from their board management tools than document sharing and discussion forums. The new software for board meetings is specifically designed to meet these expectations and help businesses get the most value from their meetings and decision making processes.
The most effective collaboration tools for boards are user-friendly and highly customizable, allowing people of varying technical capabilities to quickly understand how to use the software. These software tools offer numerous advanced features that facilitate the pre- and post-meeting activities. Some even include immersive and interactive virtual meeting experiences. Some even integrate revenue management tools to provide real-time financial data, enabling boards to better discern trends in the business environment and their impact on their decision-making.
One of the most important aspects of any management tool is a streamlined process for scheduling and archiving the materials of board meetings. Some solutions allow for board members to sign documents electronically, while others allow for notes and annotations from meetings to be shared. Some software also provides more security by allowing administrators to restrict access to only certain members of the board and/or meetings.
