What is a board portal?
Board portals are cloud-based, secure board management software. They enable companies to store, organize, and share sensitive information in a digital format. They allow boards read of directors, advisory committees and administrators to efficiently manage their responsibilities.
What are the advantages of a board portal?
A board portal can cut costs by removing the need to print and distribute hard copies of documents, while also providing a more complete secure record system. Boards can collaborate on documents and engage with one another in collaborative discussions.
What are the steps involved in organizing an executive board meeting?
Administrators design agendas for meetings and distribute it to board members to arrange a meeting. Administrators can also sign electronic signatures, upload or edit documents, and send meeting notices. They also manage portal users.
How can board members access the board portal?
Board portals allow board members to access and review meeting materials from anywhere and at any time using a mobile or browser-based tool. They also come with an embedded voting platform that lets them securely vote on meetings and then automatically add their votes into the meeting record.
When selecting a board portal Look for features that ease routine activities like pre-meeting prep and the ability to update directors when dates or documents change. It is essential to inquire how the product develops over time in order to adapt to your organization’s evolving best practices for governance.