Board portals can improve the governance of organizations of all sizes and shapes. From central hubs that facilitate meetings communication, documents, and meetings to the secure delivery of sensitive information, they allow board members to be focused on strategic decision-making rather than focusing on the smallest details.
A powerful board management tool can assist you in organising agendas for meetings, distribution of documents, and more, regardless of whether your company is a public company, charity or a global corporation. A key feature is instant and on-demand transmission of revisions and updates to directors, no matter where they reside anywhere in the world. Directors are able to access and view materials from any device.
This can also help avoid the hassle and expense associated with the distribution of physical documents, which could be misplaced or go out of date very quickly. Modern portals for boards offer various other features to increase member participation. For example actions items can be linked to agenda items or members can vote electronically during meetings.
The best portals for boards will be easy to use for all members, regardless their technical knowledge. They will also evolve as you meet your governance needs. Ask your vendor about their support for clients, such as regular remote training or a single point-of-contact to assist with password resets. You should also find out what kind of start-up fees they charge, how much they charge for additional committees and administrators, as well as their policies regarding data storage.
