An online board portal is a software platform that lets you store and distribute board documents to schedule meetings, as well as conduct votes. The technology provides tools to manage meetings and tasks to ensure compliance with the regulations. Not all board management software is equally, however. It isn’t easy to decide between solutions that offer different features and costs. Use the below questions to narrow your options before selecting a board platform:
A board meeting portal is a powerful tool for any business regardless of whether you are just a small business on a budget or a large corporation seeking to improve collaboration and governance. The most effective board of directors portals can cut administration costs, encourage more productive discussions, and help to align members of the boardroom. They are equipped with a range of features to facilitate the management of documents and prepare for meetings simpler and more efficient.
Some of the most important features are:
Agendas and documents. Board management software allows you to create agendas and share them with others, add topics and documents, and then send participants with agendas prior board portal to the meeting. It also allows you to take notes and automatically generate detailed minutes of meetings.
You can also make use of the board of directors portal to store and manage confidential documents. These include pitch decks for telehealth projects, investment memoirs to seed investors, and agency research reports. The software’s centralized document repository makes it easy to access and organize all types of files. Additionally, its capabilities for redaction can speed up the time it takes for agencies to respond to FOI requests.
