An online board portal is a software platform that lets you store and distribute documents for board meetings organize meetings, and conduct votes. The technology also comes with tools to manage meetings and tasks, ensuring compliance with laws. Not every board management software is equally, however. It can be difficult to decide between different options that have different features and costs. To narrow your options, consider the following key questions prior to choosing a board portal:
It doesn’t how to make a meeting agenda matter if you’re a start-up with a tight budget, or a reputable corporation looking to improve collaboration and governance, a board meeting portal can be of assistance. The best portals for board meetings can reduce administrative expenses and improve the quality of discussions, as well as align participants in the boardroom. They also have various tools that make managing documents and meeting preparation simpler and more efficient.
Some of the most important aspects include:
Agendas and documents. Board management software lets you create and share an agenda, include related documents and topics, and send it out to participants before the meeting. You can also take notes and generate meeting minutes automatically.
Additionally, you can use the board of directors portal to store and managing confidential documents. This includes pitch decks for telehealth expansion projects and investment memoirs to seed investors, and research reports for government agencies. The software’s central repository for documents makes it easy to access and organize all types of files. Additionally, its ability to redact documents can reduce the time taken by agencies to respond to FOI requests.