What is a Board Portal?
Modern board governance requires board members to have access to the most up-to-date reports and data analysis to make informed decisions that align with the goals of their organization. To accomplish this boards require more frequent meetings, greater transparency and risk management and efficient communication tools. Board meeting management software can help to streamline the process of managing these tasks and provides a powerful tool to enhance corporate governance.
The best board management software combines the functionality of a variety tools into a single platform. This allows board members to focus more on governance and less on administrative tasks. When evaluating the board portals be sure to look at how they perform on reputable independent software review sites. Then, ask vendors for specific product details and pricing information so you can make a fully informed decision.
Make sure the portal you choose conforms to the security standards of your industry and is compliant with its regulations. Look for features such as remote wipe, role-based access and permanent purge. This will ensure that deleted notes and discussions cannot be recovered from backup servers or files. If your board is geographically dispersed be sure to verify the board portal’s availability across multiple devices, such as smartphones and tablets.
Finally, a good board portal should allow you to organize meetings using your preferred calendar system. This way, you’ll try this be able to easily invite meetings to members’ digital calendars and see everyone’s real-time availability. Board members can then attend meetings in advance, reducing administrative costs and improving productivity.
