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 align with the goals of their company’s strategic plan. To accomplish this, boards require more frequent meetings, more transparency, risk mitigation and efficient communication tools. Board meeting management software streamlines the process of managing all of these tasks, and is a powerful tool for improving corporate governance.
The best software for managing boards includes all-in-one why not try this out capabilities, combining the functions of a variety of separate tools into one integrated platform. This makes it easier and faster for board members and lets them concentrate on governance issues instead of administrative duties. When evaluating the board portals be sure to look at how well they perform on respected independent software review sites. Ask vendors for details about their products and prices so that you can make an informed choice.
Make sure that the portal for your board you select meets your security standards and is in compliance with the requirements of your industry’s regulatory requirements. Look for features like remote wipe, permissions based on role 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, including tablets and smartphones.
A good board portal will allow you to schedule meetings using the calendar system of your choice. You can then send invitations for meetings directly to the calendars of your board members, and monitor their availability in real time. Board members can then attend meetings that have been planned. This helps reduce the administrative burden and improves productivity.