Board portal software is a web-based application that manages the people and processes involved in scheduling, documenting and governing meetings between a board and its management team. It allows secure remote access to the materials for meetings on any device connected to the internet. Board members can log in using any browser on the internet or mobile apps on their iPhone, iPad or other tablet. They have access to documents and meetings on the devices they use most often for work or pleasure.
The advantages of a board portal include decreasing the use of paper, increasing director engagement and providing secure online collaboration tools which help to enhance the quality of the governance process. It also saves time and money by replacing costly printing, shipping and emailing of physical materials. A good portal for boards lets administrators set permissions and create a single source of truth for information that improves transparency and accountability.
It is essential to examine the features that are likely to be the most beneficial for your business when selecting the right board portal. Look for a software program that has high ratings and lots of positive reviews on independent review websites like Capterra and G2.
Modern board portals provide a comprehensive set of security and collaboration tools that are simple to use by administrators, but offer real value to boards. Rather than having to sort through emails and attachments that can easily get lost or confused boards of directors can use portals to allow them to comment on documents and other files from any device or platform, in real time and simultaneously. This allows board members to attend meetings https://boardroomplace.com/benefits-of-the-board-management-software/ and prepare for them. They also have the most recent versions of documents even when they are traveling across continents and countries.