What is a Board Portal?

Modern board governance requires that board members have access to the latest reports and data analysis in order to make informed choices that align with the objectives of their organizations. In order to achieve this, boards require more www.searchboardroom.com/what-should-the-board-minutes-include/ frequent meetings, greater transparency and risk mitigation as well as effective communication tools. Board meeting management software can help to simplify the process of executing these tasks, and can be an effective tool for improving corporate governance.

The most effective software for managing boards incorporates all-in-one capabilities, combining the capabilities of several separate tools into a single platform. This allows board members to concentrate on governance and less on administrative tasks. When evaluating boards portals take note of how well they perform on respected independent software review sites. Then, inquire with the vendor for specific product information and pricing information so that you can make an informed choice.

Check that the board portal you select meets your security standards and complies with the regulatory requirements of your industry. Consider features such as remote wipe or role-based and group-based permissions and a permanent purge feature 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 whether the portal for your board is accessible on a variety of devices like tablets and smartphones.

A good board portal allows you to schedule meetings using the calendar system of your choice. That way, you can easily send invitations to your members’ electronic calendars and check on everyone’s real-time availability. Board members can then attend meetings with a plan to reduce administrative costs and increasing productivity.