What is a portal for boards?
Board portals are secure cloud-based software for managing boards that provides a digital space for organizations to store, organize and share sensitive information. They enable boards of directors, advisory panels, and administrators to effectively manage their responsibilities.
What additional hints are the advantages of a board portal to your company?
The use of a board portal decreases costs by eliminating the need to print and distribute hard copies of documents while providing a more comprehensive secure and secure system of record. It also allows boards to collaborate on documents and participate in discussions that are collaborative.
What are the steps to take to set up the board meeting.
Administrators prepare a meeting agenda package and distribute it to board members to arrange a meeting. Administrators can also initiate electronic signatures, upload or edit documents, and send meeting notifications. They also manage the portal’s users.
How can board members access the board portal?
Board portals are web-based and mobile tools that allow board members to access and review materials for meetings anywhere, anytime. They also have an embedded voting platform which lets them securely vote in meetings and automatically record their votes into the meeting record.
When selecting a board portal look for features that help ease routine activities like pre-meeting prep and updates to directors when dates or documents change. You should also ask how the product evolves over time to meet the ever-changing requirements of your company and governance best practices.