What is a portal for boards?
Board portals are cloud-based, secure board management software. They enable organizations to store, organize, and share sensitive information in a digital space. They allow boards of directors, advisory panels and administrators to effectively manage their responsibilities.
What are the advantages of a board portal?
A board portal can reduce costs by removing the requirement for hard copies to be printed and distributed. It also provides a more complete and secure system of record. It allows boards to collaborate on documents and engage with one another in collaborative discussions.
What is the procedure for arranging the board meeting.
Administrators prepare an agenda for meetings and distribute it to board members in order to arrange a meeting. They also set up electronic signatures and upload or amend documents, as in sending out meeting notifications. They also manage workspaces and users on portals.
How do board members gain access to the board portal
Board portals are mobile and browser-based tools that allow board members what is a board portal to access and read meeting materials from anywhere, at any time. They also include an embedded voting platform, which allows them to securely vote at meetings and then automatically enter their votes into the meeting record.
When choosing a portal for your board, look for features that ease routine tasks such as pre-meeting preparation and notifications to directors whenever dates or documents change. You should also ask how the product develops over time to meet the ever-changing needs of your organization and best governance practices.
