Board portals improve the governance of organizations of all sizes and shapes. From a central hub that facilitates meetings, documents and communications, to the secure delivery of sensitive information, they can help board members be focused on strategic decisions, rather than petty logistics.
A robust board management solution can assist you in organising agendas for meetings, document distribution and more, regardless of whether you’re a public company, charity or a global corporation. One of the most important features is the instant and same-time transmission of revisions and updates to directors no matter where they are located anywhere in the world. This ensures that directors can access and view meeting materials on any device.
This can also help avoid the stress and cost associated with sending out paper documents that can be lost or out of date rapidly. Modern portals for boards also provide various other features that increase members’ engagement, including actions items being linked with agenda items and the capability to allow members to vote electronically during meetings.
The most effective board portals are user-friendly for every member, regardless of their level of tech expertise. They will also grow according to your governance needs. Ask your vendor how they can assist clients, such as ongoing remote training or a single point-of-contact for assistance with password resets. It is also important to know what type of starting fees they charge, as well as how they charge for additional committees and administrators, and their policies on data storage.