# Board and investor reporting for small business buyers: what AI models recommend, October 2026

Gane Index, October 2026 Edition. Asked as "board reporting software" and as "investor reporting tool", six framings each, to fourteen models with search on, on behalf of a small B2B company. Page: https://www.gane.ai/index/finance/planning/board-and-investor-reporting/2026-10/smb

This is the permanent record of the October 2026 Edition, published October 1, 2026 and superseded since. The current standing: https://www.gane.ai/index/finance/planning/board-and-investor-reporting/smb/index.md

**Standing:** BoardPro leads with 29% of first choices; verdict contested. 48 first choices across the direct, paraphrase, budget and scale prompts.

## First-choice share

| Rank | Product | Share | Negative rate | Labels |
|---|---|---|---|---|
| 1 | [BoardPro](https://www.gane.ai/index/finance/vendors/boardpro/index.md) | 29% | 2% | 44 |
| 2 | [Visible](https://www.gane.ai/index/finance/vendors/visible/index.md) | 25% | 0% | 14 |
| 3 | [Boardable](https://www.gane.ai/index/finance/vendors/boardable/index.md) | 10% | 7% | 42 |
| 4 | [OnBoard](https://www.gane.ai/index/finance/vendors/onboard/index.md) | 8% | 24% | 38 |
| 6 | [AppDeck Board Portal](https://www.gane.ai/index/finance/vendors/appdeck-board-portal/index.md) | 4% | 0% | 11 |
| 107 | [BoardEffect](https://www.gane.ai/index/finance/vendors/boardeffect/index.md) | 0% | 58% | 12 |
| 108 | [Nasdaq Boardvantage](https://www.gane.ai/index/finance/vendors/nasdaq-boardvantage/index.md) | 0% | 84% | 25 |
| 109 | [Diligent Boards](https://www.gane.ai/index/finance/vendors/diligent-boards/index.md) | 0% | 75% | 36 |

Rank is by share of first choices among all 109 products named; products with the same share are tied, and the order among them carries no meaning. The table lists those with at least 10 labels.

## Each model's first choice on the direct prompt

- Claude Haiku 4.5: BoardPro; alternatives Boardly, Shaparency
- GPT-5.4 mini: BoardPro; alternatives Diligent Boards, Nasdaq Boardvantage, OnBoard
- Gemini 3.5 Flash: Visible, Zeck; alternatives BoardPro, Fathom, Jirav, OnBoard
- Perplexity Sonar: BoardPro; alternatives Board Intelligence, OnBoard
- Grok 4.20: BoardPro; alternatives Boardable
- Mistral Small: Boardable; alternatives BoardPaq, BoardPro, OnBoard
- DeepSeek V4 Flash: BoardPro; alternatives AppDeck Board Portal, Boardable
- Llama 4 Maverick: no first choice
- Qwen 3.7 Flash: OnBoard; alternatives Boardly, I'mBoard, Panorama
- Kimi K2: BoardPro; alternatives Boardable, Datarails, OnBoard
- GLM 4.7 FlashX: AppDeck Board Portal, Boardable; alternatives OnBoard
- MiniMax M2.5: BoardPro, OnBoard; alternatives Azeus Convene
- GPT-6 Luna: BoardPro; alternatives Visible
- Muse Glimmer 30B: AppDeck Board Portal; alternatives Board Intelligence, BoardPro, Boardable

## Sources the answers cite

78 of 84 answers came back with a source list, from 14 of 14 models. Sites named in the most answers:

- g2.com: 49 answers, 82 citations
- fast.io: 40 answers, 57 citations
- gitnux.org: 36 answers, 42 citations
- guideflow.com: 36 answers, 36 citations
- capterra.com: 30 answers, 48 citations
- zipdo.co: 30 answers, 45 citations
- appdeck.com: 29 answers, 49 citations
- clearpointstrategy.com: 26 answers, 26 citations

Pages named in the most answers:

- https://fast.io/resources/board-reporting-software (37 answers)
- https://guideflow.com/blog/board-management-software (34 answers)
- https://clearpointstrategy.com/blog/board-reporting-software (26 answers)
- https://appdeck.com/blog/board-reporting-software-comparison (21 answers)
- https://gitnux.org/best/board-reporting-software (21 answers)
- https://appdeck.com/blog/board-portal-software-comparison-2026 (19 answers)
- https://board-room.org/blog/board-reporting-software (17 answers)
- https://g2.com/categories/board-management/small-business (16 answers)
- https://imboard.ai/blog/board-reporting-software (16 answers)
- https://zipdo.co/best/board-reporting-software (16 answers)

## Warned against

- Nasdaq Boardvantage: 21 of 25 labels negative. "Enterprise-Grade Board Portals (e.g., Diligent, Nasdaq Boardvantage, BoardEffect) ... they are generally a poor fit for small businesses." (Gemini 3.5 Flash, negative prompt)
- Diligent Boards: 27 of 36 labels negative. "A small business should avoid or be highly cautious of several specific categories of these tools.... Enterprise-Grade Board Portals (e.g., Diligent...) ... generally a poor fit for small businesses." (Gemini 3.5 Flash, negative prompt)
- OnBoard: 9 of 38 labels negative. "Overpriced enterprise suites (Diligent, Nasdaq Boardvantage, Govenda, OnBoard, Workiva)" (GLM 4.7 FlashX, negative prompt)
- BoardEffect: 7 of 12 labels negative. "Listed alongside Diligent and Nasdaq Boardvantage as an Enterprise-Grade GRC Platform generally a poor fit for small businesses." (Muse Glimmer 30B, negative prompt)

## Movement since September 2026

Floor: 10 points of share, measured on the calibration repeat.
New leader: Visible (23%) to BoardPro (29%). Margin 5 points, within noise.

- I'mBoard: 11% to 0%, −11. Cleared the floor by 1 point · rank 4 → 18 of 104.
- BoardPro: 20% to 29%, +9. Inside the floor by 1 point · rank 3 → 1 of 104.
- Boardable: 20% to 12%, −8. Inside the floor by 2 points · rank 2 → 3 of 104.
- OnBoard: 2% to 10%, +8. Inside the floor by 2 points · rank 7 → 4 of 104.
- AppDeck Board Portal: 5% to 2%, −3. Inside the floor by 7 points · rank 5 → 7 of 104.
- Nasdaq Boardvantage: 2% to 0%, −2. Inside the floor by 8 points · rank 13 → 103 of 104.
- Visible: 23% to 24%, +1. Inside the floor by 9 points · rank 1 → 2 of 104.
- BoardEffect: 0% to 0%, ±0. Inside the floor by 10 points · rank 19 → 102 of 104.
- Diligent Boards: 0% to 0%, ±0. Inside the floor by 10 points · rank 94 → 104 of 104.

## Record

- Method: https://www.gane.ai/index/finance/methodology
- License: CC BY 4.0. Cite as Gane Index, October 2026 Edition, www.gane.ai/index/finance.