What is a Board Portal?
Modern board governance requires board members to have access to the most current reports and data analysis in order to make informed decisions aligned with the objectives of their organizations. To achieve this, boards need to have more frequent meetings, more transparency, risk mitigation and efficient communication tools. Board meeting management software simplifies the process of managing all of these tasks, and is a powerful tool for improving corporate governance.
The most effective board management software includes all-in-one capabilities, combining the features of a variety of tools into one integrated platform. This reduces time and effort for board members and allows them to concentrate on governance concerns rather than administrative duties. When looking at board-portals be sure to look at how they perform on independent review sites. Ask https://searchboardroom.com/does-membership-software-work-with-other-types-of-software/ vendors for product details and pricing to help you make an informed choice.
Make sure that the portal for board meetings you choose is compliant with the security standards of your industry and is in compliance with regulations. Check for features such 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 ensure whether the portal for your board is available on multiple devices like tablets and smartphones.
A good board portal will allow you to schedule meetings using the calendar system of your choice. That way, you can easily push meeting invitations to your members’ electronic calendars and view everyone’s current availability. Board members are then able to attend meetings they have planned. This helps reduce administration costs and boosts productivity.