An online board portal is a comprehensive, secure, and easy-to-use platform that can improve the efficiency of board meetings. It helps facilitate effective collaboration, enhances governance practices and keeps companies in compliance with the law.
There are numerous providers of board management software. However, choosing the best one is an issue. To ensure that you choose the right solution for your specific needs, you should consider asking the following questions during your assessment process.
Does the system have the capacity to grow and is it flexible? Does it allow you to add more users or features as your company grows? How does the system handle data backup and security? Does it use cloud-based infrastructure that meets industry standards?
How does the system communicate changes and updates to all users? Does the vendor provide easy-to-follow training materials and support? Is support available all hours of the day, every day?
Increased Productivity — Reduces the preparation process for meetings of the board and committee by providing immediate access to the latest reports and analytics. This allows for more time to focus discussing and making decisions.
Better Governance — Stores documents, votes, and discussions securely on the portal rather than floating around in personal email inboxes which reduces security risks while keeping your information private.
Seamless Remote Meetings Enables seamless collaboration between members regardless of location through video conferencing capabilities and real-time document sharing, page synchronization and laser pointer tool. Action items are automatically synchronized to participants’ calendars on the internet, and meeting notes can either be made in the course of the meeting or after.