An online board portal is a computer platform that allows you to store and distribute documents for board meetings as well as schedule meetings and conduct votes. The technology also provides tools to manage meetings and tasks, ensuring that you are in compliance with the rules. Not every board management software is identical, however. It can be difficult to decide among options that offer various features and costs. Use the following questions to narrow your options before choosing a board platform:
No matter if you’re a startup with a modest budget or an established corporation looking to improve the governance and collaboration practices A board meeting portal can help. The most effective portals for board meetings can help reduce administrative costs, improve discussions and align participants in the boardroom. They are equipped with a range of features that make document management and preparation for meetings easier and more efficient.
Some of the most important features include:
Agendas and documents. Board management software allows you to create agendas and share them, add topics and documents, and then send participants prior to a meeting. You can also record notes and record minutes of meetings automatically.
You can also utilize the board of directors portal for storing and managing confidential documents. This includes pitch decks for projects to expand telehealth and investment memoirs to seed investors and research reports for government agencies. The software’s centralized document repository allows users to easily access and organize all types of files, plus its ability to redact documents can reduce the time it takes agencies to respond to FOI requests.
