What is a Board Portal?

What is a Board Portal?

Modern board governance requires that board members have access most up-to-date reports and data analysis to make informed decisions that are aligned with the organization’s goals. In www.searchboardroom.com/what-should-the-board-minutes-include/ order to achieve this, boards need more frequent meetings, greater transparency, risk management and effective communication tools. Board meeting management software can help to streamline the process of managing these tasks, and can be an effective tool for improving corporate governance.

The most effective software for managing boards includes all-in-one capabilities, combining the functionality of multiple separate tools into a single platform. This lets board members focus more on governance and less administrative tasks. When looking at board-portals, pay particular attention to their performance on reputable independent review websites. Then, ask vendors for specific details about their products and pricing details so you can make an informed decision.

Be sure the portal you choose is compliant with your security standards and complies with the regulatory requirements of your industry. Look for features such as remote wipe, role and group-based permissions and permanent purge to ensure that notes, annotations, and discussions can’t be recovered from a backup or server file. If your board is geographically dispersed be sure to verify the availability of the board portal across multiple devices, such as smartphones and tablets.

A good board portal will allow you to plan your meetings using the calendar system you prefer. This way, you’ll be able to easily push meeting invitations to your members’ digital calendars and see everyone’s real-time availability. Board members can then attend meetings that have been planned. This can reduce the administrative burden and improves productivity.