Board portal software is a central hub that provides secure access to all important documents for business, including meeting minutes. It is used by businesses of all sizes, which includes public and privately-owned companies as well as educational institutions, government agencies and other. Board portals can provide a variety of qualitative and quantitative what is strategic awareness benefits which include improved engagement with directors and governance, as well as ensuring compliance with regulations and security.
We’ve put together a list of aspects that you should consider when choosing the right board portal. Ask vendors about these features, and whether they are included in their pricing package.
All important documents you have can be shared, edited, viewed and commented upon easily. You can also add annotations for notes. Sync all minutes and votes in real time and oversee decisions via your dashboard. Create a paperless meeting with an electronic signature feature that allows parties to sign electronically.
Make sure that your board portal has an easy-to-use interface so that directors can utilize the software without a steep learning curve. It is vital to ensure that the tool is incorporated smoothly, since this can have an immediate effect on the efficiency and productivity of your meetings. Ask your vendor if the solution it offers has a user-friendly interface, and what kind of support is offered to new users to ensure that the tool is successfully adopted. The more user-friendly and intuitive the board management software, the more value it will bring to your organisation.