Board portal software is an online tool for managing the processes and people that schedule, document and regulate meetings between a board of directors and its management team. It provides secure remote access to meeting materials on any device with internet connectivity. Board members can log in using any mobile or web-based browser from their iPhone, iPad, or any other tablet. They can now access documents as well as meetings on the devices they use most often for work or pleasure.
A board portal can reduce the use of paper, increase director engagement, and provide secure online collaboration tools to help improve the governance process. It also saves time and money by replacing costly printing shipping, e-mailing and physical materials. A good board portal allows administrators to establish permissions and create an unifying source of truth for all information, which improves transparency and accountability.
It is important to carefully look over the features that will be the most beneficial for your company when selecting the best board portal. Select a program that has high ratings and lots of positive reviews on reputable independent software review sites like Capterra and G2.
Modern board portals offer an array of security and collaboration tools that are simple enough for administrators to use, but deliver real value for boards of directors. Board portals allow directors to make comments on documents and other documents in real-time and simultaneously without having to search through attachments and emails that can be easily lost or misunderstood. This helps board members to take part in meetings and plan for them. They also have the most recent versions of documents even when they are traveling across continents and countries.
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