A board management platform is a cloud-based platform that allows executives (board members and directors, CEOs and CFOs, chairs and secretaries, etc.) to collaborate, share documents and keep track of tasks. It is a great tool for an array of organizations, including public and private companies as well as nonprofit businesses, unions, associations and more. The top virtual board rooms and datarooms with high-end features offer a variety of features. It is important to read reviews in order to determine which one is able to meet the needs of your business.

Boardroom software is security that is bank-grade, as well as permission settings to control who is able to view sensitive files. Additionally, a fence-view mode blurs specific sections of the files to prevent scanning or screenshotting. This feature, combined with a digital watermark helps protect the privacy of board members’ identities. Many providers also offer 24/7 support, which is essential for resolving technical issues and aiding in the optimization of governance.

You should also choose one that provides a trial period for free to allow you to try the features to determine if they meet your needs. You can also get in touch with different vendors to inquire what customizations they address offer to tailor the software for your specific requirements. Some vendors will provide the opportunity to see a live demonstration of their software, so you can evaluate if it’s suitable for your company.