Choosing a Board Portal
A board portal is a platform that facilitates better governance, increases the efficiency of meetings and cuts down in administrative tasks like making, sharing, and distributing documents. In the end, businesses achieve a substantial return on investment due to paper savings printing costs, printing decreases, and labor hours saved.
The new board portal offers a secure environment to exchange sensitive and confidential information as well as an efficient alternative to traditional methods for document distribution. For instance corporate secretaries can create and distribute board materials at the touch of one button. This allows immediate updates and ensures that directors have access to the most current version of the board’s materials and documents.
In addition, a modern board management software can be used on devices that directors already have. This makes directors more accessible and convenient. Board members can access the portal from various devices such as tablets and desktop computers. They can also collaborate and participate in discussions with other directors and the board administrator whether they are in a room together or in a different part of the world.
It is essential to select a portal for board meetings that is simple and intuitive to use. The more intuitive the tool is more user-friendly, the less training administrators and directors will need to use it effectively. It is crucial to take into consideration the technical skill levels of your board members and schedule training sessions that are appropriate to their needs.