A virtual board and data storage portal is a computer program for governance that allows users to communicate and collaborate digitally in a protected environment. It offers document storage, voting capabilities, messaging capabilities and records storage. It is a great option for companies who want to simplify their board meeting procedures as well as increase the effectiveness and efficiency of their directors.
A board portal lets directors easily access the most recent information prior to and during meetings. This changes the way decisions are taken. Directors can also comment and collaborate on files in real time, eliminating the need to scour old emails or sort through piles of physical documents. The ability to browse, comment on and share files quickly regardless of geographical location, is invaluable in a time when boards are becoming more diverse and distributed.
It is essential to think about the needs of both administrators and directors when selecting the right board portal. It is also essential to choose an option that has a user-friendly design as well as excellent customer service. The software should also be scalable and have both a monthly and an annual pricing plans which can be adjusted to your budget.
Additionally, you should be able to track the actions of specific users. If an employee leaves the company, you’ll be able embracing cloud technology for scalability see what documents they have viewed (and when they viewed them). This ensures that confidential information will not be leaked or shared to unauthorised parties, and increases accountability.