What is a Board Portal?
Modern board governance requires that board members have access to most up-to-date reports and data analysis to make informed decisions that are aligned with the organization’s goals. To achieve this, boards require more frequent meetings, increased transparency and risk reduction, and effective communication tools. Board meeting management software helps to streamline the process of managing these tasks and provides an effective tool to improve corporate governance.
The best board management software incorporates the features of a variety tools into a single platform. This lets board members concentrate on governance and less administrative tasks. When reviewing board-portals be sure to look at their performance on reputable independent review websites. Ask vendors for details about their products and prices to make an informed choice.
Make sure the board portal you choose meets your industry’s security standards and is in compliance with regulations. Consider features such as remote wipe as well as permissions based on role and group and a permanent purge feature to ensure that deleted notes, annotations, and discussions can’t be recovered from a backup or server file. If your board is geographically dispersed, make sure to check whether the portal to your board is accessible on a variety of devices like tablets and smartphones.
A good board portal will allow you to schedule meetings using the calendar system you prefer. This way, you’ll be in a position to easily add meeting invitations to members’ digital calendars, and monitor everyone’s live availability. Board members can then attend meetings that have been planned. This can https://searchboardroom.com/what-is-the-role-of-the-company-secretary/ reduce administration costs and boosts productivity.