What is a Board Portal?
Modern board governance requires that board members have access latest reports and data analysis to make informed decisions that align with the organization’s goals. To do so, boards require regular meetings, more transparency and risk-management and efficient communication tools. Board meeting management software can help simplify the process of managing these tasks, and can be an effective tool for improving corporate governance.
The most effective software for managing boards incorporates the features of multiple tools into one integrated platform. This makes it easier and faster for board members which allows them to focus on governance concerns rather than administrative tasks. When evaluating boards portals take note of how they perform on respected independent software review sites. Then, ask vendors for specific product details and pricing internet information so that you can make an informed choice.
Make sure that the board portal you choose meets your industry’s security standards and is compliant with its regulations. Look for features like remote wipe, role-based permissions, and permanent purge. This will ensure that deleted discussions and notes cannot be recovered from backup files or servers. If your board is geographically distributed be sure to verify if the board portal is accessible on multiple devices including smartphones and tablets.
A good board portal allows you to schedule meetings using the calendar system of your choice. This way, you’ll be in a position to easily add meeting invitations to your members’ online calendars and see everyone’s real-time availability. Then, board members can attend meetings in advance by you, reducing administrative costs and increasing productivity.
