Board portal software is an online application to manage the processes and people board collaboration software that schedule, document and manage meetings between the board of directors and its management team. It gives secure remote access to materials for meetings via any device connected to the internet. Board members can log in with any mobile browser or web-browser from their iPhone, iPad, or any other tablet. They can now access documents as well as meetings on the devices they use the most for work or pleasure.
The advantages of a board portal are the reduction of paper usage, enhancing director engagement and providing secure online collaboration tools that help to improve the efficiency of the governance process. It also helps save time and money by replacing expensive printing, shipping and sending of physical materials. A good portal for boards allows administrators to set up permissions and to create one source of truth for all information. This improves transparency and accountability.
Selecting the appropriate board portal software requires a careful analysis of the capabilities that are most beneficial to your organisation. Find a software with a good rating 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 utilize, however, they are a real benefit for boards of directors. Instead of having to sift through emails and attachments that can easily be lost or muddled board portals permit directors to make comments on documents and other files on any device or platform, in real time and simultaneously. This helps board members to attend and prepare for meetings. They also have the latest versions of documents even when they travel across continents and countries.