Board portal software is an online tool to manage the processes and people that schedule, document and govern meetings between the board of directors as well as its management team. It enables secure remote access to meeting materials on any device with internet connectivity. Board members can login using any mobile browser or web-browser from their iPhone, iPad, or other tablet. This means they are able to access meetings and documents at their convenience and from devices they use frequently for work or leisure.
The benefits of a web-based board portal include the reduction of paper usage, enhancing director engagement, and offering secure online collaboration tools that assist to improve the quality of the governance process. It also allows you to save time https://boardroomplace.com/benefits-of-the-board-management-software/ and money by replacing costly printing, shipping and sending of physical materials. A good portal for boards lets administrators establish permissions and create a single source of truth for information which increases transparency and accountability.
Selecting the best board portal software requires a careful evaluation of the features that will be the most valuable to your company. Look for a software program that has high ratings and lots of positive reviews on independent review sites such as Capterra and G2.
Modern board portals provide an entire set of collaborative and security tools that are simple enough for administrators to use, but provide real value to boards of directors. Board portals allow directors the ability to comment on documents and other files in real-time and simultaneously, without having to sort through attachments and emails that can be easily lost or confusing. This allows board members to attend meetings and prepare for meetings. They also have the latest versions of documents, even if they travel across continents and countries.