Top 5 Tools for Finding and Managing Board Members

published on 03 November 2024

Looking for the best tools to find and manage board members? Here's a quick rundown of the top 5 options:

  1. BoardProspects: Online network with 8,000+ board candidates
  2. BizBot: Directory of business tools, including board management software
  3. OnBoard: Cloud-based platform for running board meetings
  4. Boardable: Board management solution tailored for nonprofits
  5. BoardPro: Board operations software for SMEs and nonprofits

Quick Comparison:

Tool Main Focus Starting Price Free Trial
BoardProspects Board recruitment $15,000/year No
BizBot Business tool directory N/A N/A
OnBoard Board meeting management $199/month 30 days
Boardable Nonprofit board management $79/month 14 days
BoardPro SME/nonprofit board operations $1,500/year 30 days

Each tool offers unique features to streamline board operations:

  • BoardProspects: Huge talent pool, smart searching
  • BizBot: Organized categories of business tools
  • OnBoard: Meeting management, document storage
  • Boardable: Easy-to-use interface, task management
  • BoardPro: Automated board pack creation, conflict of interest tracking

When choosing a tool, consider your organization's size, budget, and specific needs. Test drive options with free trials when available to find the best fit.

BoardProspects: Online Board Member Network

BoardProspects

BoardProspects isn't your average networking site. It's a powerhouse platform connecting companies with top-tier board talent.

What makes BoardProspects special?

  1. Huge Talent Pool: 8,000+ members from 70+ countries, including Fortune 100 CEOs and ex-U.S. Congress members.
  2. Smart Searching: 20+ filters to find your perfect board member. Need a tech expert with nonprofit experience? No sweat.
  3. Direct Recruiting: Post your board openings and watch applications flood in. Each posting averages 150+ applications.

Don't just take our word for it:

"BoardProspects helped us cast a wider net economically and efficiently. As a result, we successfully sourced two new board members." - Lead Independent Director at Kiavi, Inc.

"Thanks to BoardProspects' innovative platform, we were able to identify and appoint a tremendous new board member whose technical background greatly complements our growth strategy." - CFO at Amtech Systems, Inc. (NASDAQ: ASYS)

But BoardProspects isn't just about finding board members. It's a complete board management solution:

Feature What You Get
Governance News Top headlines and insights
E-publications Exclusive corporate governance content
Networking Access to 10,000+ boardrooms
Year-round Pipeline Build a candidate pool for surprise vacancies

The annual corporate subscription starts at $15,000. Sounds pricey? Think again. You get unlimited searches, unlimited postings, and zero success fees. For companies serious about top-notch boards, it's a smart investment.

BoardProspects is also shaking up diversity in the boardroom. It's giving diverse candidates a platform to showcase their skills to a wide audience.

"BoardProspects gives companies exposure to talent they might not otherwise come across. This is the next wave of opportunity - to have access to a broader group of people through technology." - TERI MCCLURE, Board Member at Fluor (NYSE: FLR), GMS (NYSE: GMS), JetBlue Airways (NASDAQ: JBLU), and Lennar (NYSE: LEN)

In a world where 65% of board directors get their seats through personal connections, BoardProspects is changing the game. It's bringing transparency, diversity, and efficiency to board recruitment. If you're looking to build a board that's not just good, but great, BoardProspects is worth a serious look.

2. BizBot: Business Tools Directory

BizBot

BizBot is a one-stop shop for business tools, including some that can boost your board management game. It's not just about board stuff, though - BizBot covers a ton of business needs.

Here's what BizBot offers:

  • A bunch of tool categories (think accounting, HR, and yes, board management)
  • User-friendly options for businesses of all sizes
  • Tools that can grow with your company

What makes BizBot cool? It's all about making your life easier. You can find, compare, and manage all your business tools in one place. No more juggling a million subscriptions or wasting time searching for the right software.

BizBot's got some neat features:

Feature What's Good About It
Organized Categories Find what you need, fast
Easy-to-Use Focus No tech degree required
Growth-Friendly Options Tools that won't hold you back
All-in-One Management Keep track of your tools and costs

One standout? Digital CFO tools. These can be a game-changer for keeping your board in the loop on finances.

Now, BizBot won't help you recruit board members like BoardProspects does. But it can hook you up with tools to make your board's life easier. Think shareholder registers, reporting software - that kind of thing.

As boards get more tech-savvy, having a trusted place to find the right tools is huge. That's where BizBot comes in.

Fun fact: BizBot was started by Didrik Martens, a business admin pro. That explains why the platform is so practical and useful for companies of all sizes.

Bottom line: While BizBot isn't a board recruitment platform, it's a solid resource for finding tools that'll make your board run smoother. It's part of a bigger toolkit that can level up your entire governance game.

3. OnBoard: Board Meeting Software

OnBoard

OnBoard is a cloud-based platform that's all about making board meetings better. It's not just for big companies - nonprofits, healthcare systems, and government agencies use it too.

Here's what makes OnBoard stand out:

It's used by over 6,000 organizations worldwide, helping run more than 56,000 meetings each year. You can use it on pretty much any device - iPad, iPhone, Android, or Microsoft Surface. So board members can stay in the loop no matter where they are.

OnBoard takes security seriously. They use two-factor authentication and biometric identification to keep your board's info safe. Plus, they've got this cool feature that shows which parts of your board book get the most attention. It's like having a heat map for your meeting materials.

But here's the real kicker - OnBoard makes everyone's life easier. Check it out:

  • It builds minutes for you during meetings
  • It plays nice with Microsoft 365, Google Workspace, and Zoom
  • You can store and find important docs easily
  • You can sign off on decisions without dealing with paperwork
  • And if you're juggling multiple boards, no problem - you can manage them all from one place

The folks using OnBoard seem to love it. According to Passageways (OnBoard's parent company), 92% of their customers feel better-prepared for board meetings when using OnBoard. And 83% say all their board activities get simpler.

One user in customer experience said:

"OnBoard provides a comprehensive governance suite that allows my team to collaborate on meeting agendas and meeting minutes, aggregate meeting insights into comprehensive analytics dashboards, and conduct D&O surveys."

Want to give it a spin? They offer a free 30-day trial. They don't list prices publicly, but you can get a custom quote based on what your organization needs.

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4. Boardable: Board Management Platform

Boardable

Boardable is shaking up board management, especially for nonprofits. Since 2016, it's grown to serve over 2,000 organizations in 40 countries. But what sets it apart?

Easy to Use

Boardable's biggest strength? Simplicity. Users love how easy it is to navigate. One user said:

"I love that it is easy to use, easy to set up, and the customer service is amazing."

From scheduling meetings to managing documents, everything's straightforward.

Packed with Features

Boardable isn't just a meeting scheduler. It's a complete board management solution:

Feature What It Does
Agenda Builder Create meeting agendas quickly
Minutes Maker Generate and share meeting minutes
Document Center Store board documents securely
Task Manager Assign and track tasks
Polls / Voting Run board votes and surveys
E-Signatures Sign documents digitally

These features work together smoothly, covering everything from pre-meeting prep to post-meeting follow-up.

Perfect for Nonprofits

While Boardable works for all boards, it's a great fit for nonprofits. Its pricing and features are designed with these organizations in mind. The Grassroots plan starts at just $79/month, making it affordable for smaller nonprofits.

Boosts Engagement and Efficiency

Boardable does more than organize meetings. It's built to get board members more involved and streamline operations. The task manager lets admins assign tasks and track deadlines easily. Board members see their assignments right on their dashboards, which helps keep everyone accountable and efficient.

Plays Well with Others

Boardable integrates with popular tools like Microsoft Outlook, Dropbox Business, Gmail, OneDrive, Google Drive, and Google Calendar. This means you can easily fit Boardable into your current workflow.

On-the-Go Access

Boardable has a free mobile app, so board members can prep for meetings and stay in touch wherever they are.

Room for Growth

Boardable's not perfect. Some users have had trouble with e-signatures and document uploads. And the wealth of features can be a bit much for some users.

But overall, people love it. Paula Franetti, an Accident/Injury Recovery Coach, says:

"Boardable is definitely worth the cost. It's extremely valuable and there are new tools and updates being released all the time."

In the world of board management tools, Boardable stands out. It's user-friendly, feature-packed, and priced right for nonprofits. If you're looking to streamline your board operations and boost engagement, Boardable's worth a look.

5. BoardPro: Board Operations Software

BoardPro

BoardPro is a tool that makes board management easier for small and medium-sized businesses (SMEs) and nonprofits. It's built to solve the specific problems these organizations face with governance.

What's special about BoardPro?

It Saves You Time

BoardPro isn't just for organizing meetings. It makes your whole board process more efficient. Users say they cut their admin time in half. How? With features like:

  • Automatic board pack creation
  • Smart meeting minutes
  • Task management
  • Interactive agenda builder

A BoardPro customer put it this way:

"BoardPro has proven itself indispensable. The structured approach makes it easy to compile agendas and Board packs and then use this same structure for creating well-organised minutes." - Virginia C, Board Secretary, Mid-Market (51-1000 emp.)

It's Secure and Easy to Access

With BoardPro, you get:

  • Access to board documents anytime, anywhere
  • Role-based permissions to keep sensitive info safe
  • Two-factor authentication for extra security

It's More Than Just Meetings

BoardPro offers a bunch of useful tools:

Tool What It Does
Events Calendar Keeps all board dates in one place
File Storage Unlimited space for your documents
Interest Register Tracks conflicts of interest
Decisions Register Records all approved decisions

What About Price?

BoardPro's pricing is simple:

  • Flat yearly rate from $1,500 per board
  • Includes unlimited users
  • No setup fee

It might seem expensive at first, but many users think it's worth it. Julie Scott, CEO of QLCHT, a nonprofit, says:

"BoardPro far more cost effective so an easy decision."

Getting Started

Want to try BoardPro? They offer:

  • A 30-day free trial
  • Weekly live training
  • 24/7 support (they usually respond in just over a minute)
  • Optional onboarding packages

Setting up takes about 60-90 minutes for a basic setup, or 4-6 hours if you want to include six months of meeting history.

The Bottom Line

BoardPro isn't just software. It's a tool that can change how your board works. By automating routine tasks and putting all your info in one place, it frees up time for what really matters: making big decisions that move your organization forward.

BoardPro might not help you recruit board members like BoardProspects, or give you a big directory of business tools like BizBot. But it's great at its main job: making board operations smoother and more efficient. If you're an SME or nonprofit looking to improve your governance, BoardPro is worth checking out.

Tool Features and Pricing Comparison

Let's compare the top board management tools we've discussed. This breakdown will help you pick the right tool for your needs and budget.

Feature BoardProspects BizBot OnBoard Boardable BoardPro
Main Focus Board recruitment Business tool directory Board meeting management Nonprofit board management SME and nonprofit board operations
Talent Pool 8,000+ members N/A N/A N/A N/A
Document Management Yes N/A Yes Yes Yes
Meeting Management No No Yes Yes Yes
Task Management No No Yes Yes Yes
E-Signatures No No Yes Yes No
Mobile App No No Yes Yes Yes
Integrations No N/A Microsoft 365, Google Workspace, Zoom Microsoft Outlook, Dropbox Business, Gmail, OneDrive, Google Drive, Google Calendar N/A
Starting Price $15,000/year N/A $199/month $79/month $1,500/year
Free Trial No N/A 30 days 14 days 30 days

Now, let's dig into the key differences:

Recruitment Power

BoardProspects is the recruitment king here. It's got a massive pool of 8,000+ members from 70+ countries. The other tools? They're more about running boards smoothly.

Pricing

Prices are all over the map:

  • BoardProspects is the priciest at $15,000 per year. But you get unlimited searches and postings with no extra fees.
  • Boardable is the budget-friendly option at $79 per month. Perfect for smaller nonprofits.
  • BoardPro charges a flat $1,500 per year for each board. Unlimited users included.
  • OnBoard starts at $199 per month. But they keep their full pricing under wraps.
  • BizBot? It's just a directory, so no direct costs for users.

User-Friendliness

Boardable and BoardPro get high marks for being easy to use. Here's what Paula Franetti, a Boardable user, said:

"Boardable is definitely worth the cost. It's extremely valuable and there are new tools and updates being released all the time."

BoardPro users say they've cut their admin time in half. That's a big win.

Cool Features

Each tool has its own special sauce:

  • BoardProspects keeps your candidate pipeline full year-round.
  • OnBoard has a heat map showing which parts of board books get the most eyeballs.
  • Boardable's Document Center is great for keeping board docs organized.
  • BoardPro tracks conflicts of interest with its Interest Register.

Security

All these tools take security seriously. But OnBoard goes the extra mile with two-factor authentication and biometric ID.

When picking a tool, think about your organization's size, budget, and what you really need. If you're always on the hunt for new board members, BoardProspects might be worth the splurge. But if you're a small nonprofit just trying to keep things running smoothly, Boardable or BoardPro could be your best bet.

How to Choose the Right Board Management Tool

Picking the perfect board management tool can supercharge your organization's efficiency and security. Here's how to make the right choice:

Assess Your Organization's Needs

First, take a good look at what your board really needs:

  • How big is your board and how often do they meet?
  • How sensitive is your board's information?
  • Does the tool need to play nice with your existing systems?

Prioritize Essential Features

Focus on features that'll make the biggest splash:

Feature Why It Matters
Document Management Keep board materials safe and easy to find
Meeting Tools Build agendas, create minutes, manage tasks
Collaboration Features Edit docs together, chat in real-time
Voting Capabilities Make decisions faster
Mobile Accessibility Let board members work on the go
Security Measures Keep data safe with encryption and two-factor auth

Evaluate User-Friendliness

If it's not easy to use, your board won't use it. Look for:

  • A clean, simple interface
  • Easy navigation
  • Minimal learning curve

Michelle Akers from Firstmark Credit Union says:

"The ability to transmit large amounts of confidential data electronically has been a game-changer. We're no longer constrained by file size limits or needing to encrypt. Our board portal software takes care of that."

Consider Security and Compliance

Board talks can get pretty sensitive. Make sure your tool offers:

  • End-to-end encryption
  • Compliance with key standards (FINRA, SOC2, ISO 27001)
  • Ability to wipe data from lost devices
  • Detailed activity logs

Test Drive Before Committing

Most providers offer free trials. Use them to:

  • Get a feel for the interface
  • Try out key features in real situations
  • See what your board members think

Ruth Shirley, a board liaison, shares:

"With our board portal, I notice less confusion as directors prepared for the meeting. I used to get board members contacting me frustrated because logging in was difficult."

Factor in Total Cost of Ownership

Don't just look at the price tag. Think about:

  • Setup costs
  • Training expenses
  • Ongoing support fees
  • Potential savings from working smarter

Check Vendor Reputation and Support

A great tool with poor support is a recipe for headaches. Do your homework:

  • Read customer reviews
  • Check support response times
  • Look at the vendor's industry track record

Plan for the Future

Pick a solution that can grow with you:

  • Can it handle more board members?
  • Does it get regular updates?
  • Can it adapt to changing governance needs?

FAQs

What is board management software?

Board management software is a digital tool that makes board operations smoother and teamwork easier. It's like a Swiss Army knife for boards, packed with features:

  • Organizes meetings
  • Shares and manages documents
  • Tracks minutes and attendance
  • Provides tools for productive discussions

Gartner says:

"The use of purpose-built content sharing and distribution portals has become a common practice for sharing sensitive documents with corporate directors in preparation for board meetings."

What's in it for you? Here's the lowdown:

  • Less paperwork headaches
  • Keeps your data safe and compliant
  • Access board stuff from anywhere
  • Makes decision-making more transparent

Price-wise, you're looking at about $44/month for basic plans, while premium options can hit around $334/month.

When picking your software, think about your budget, planning needs, and how it'll play nice with your current tech setup.

What is a good way to recruit board members?

Recruiting board members isn't just about filling seats. It's about finding the right fit. Here's a game plan:

1. Know what you need

Figure out the skills and experience your board is missing.

2. Spell it out

Be crystal clear about what you expect from board members.

3. Cast a wide net

Use your networks, job boards, and professional groups to find candidates.

4. Dig deep in interviews

Make sure they'll mesh with your organization's vibe and goals.

5. Roll out the red carpet

Give new members a thorough intro to your organization.

Patrick Baker, Nonprofit D&O Product Manager for Travelers, drops this wisdom:

"Being clear about roles and expectations can help board members feel like they are making a valuable contribution to the organization."

Want to level up your recruitment? Try these:

  • Mix it up with diverse voices
  • Use term limits to keep things fresh
  • Consider board management software to smooth out the onboarding process

How do companies recruit board members?

Companies don't just wing it when it comes to finding board members. They've got strategies:

1. Tap into networks

They use professional connections and industry groups to find talent.

2. Bring in the pros

Some hire executive search firms to hunt for top-tier candidates.

3. Use tech to their advantage

Board management software can streamline the whole process, from recruitment to onboarding.

What works best? Here's the inside scoop:

  • Keep a running list of potential candidates
  • Look for a mix of skills and backgrounds
  • Be upfront about what the job entails and how much time it'll take

One last thing: Don't forget to protect your board members. Patrick Baker points out that nonprofit board members can face legal risks. That's why directors and officers liability insurance is a must-have.

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