Board portal software is an online tool for managing the people and processes that schedule, document and manage meetings between the board of directors as well as its management team. It gives secure remote access to the meeting materials on any device connected to the internet. Board members can log-in using any browser on the internet or mobile apps on their iPhone, iPad or other tablet. This means they can access meetings and documents at their convenience and from devices they use regularly for work or leisure.
A board portal can reduce paper usage, improve director engagement, and provide secure online collaboration tools to help improve the governance process. It also helps save time and money by replacing expensive printing, shipping and emailing of physical materials. A good portal for boards lets administrators set up permissions and create one source of truth for all information. This improves transparency and accountability.
The selection of the right board portal software requires a careful evaluation of the features that will be most valuable to your business. Find a software that has high ratings and numerous positive reviews on respected independent software review websites like Capterra and G2.
Modern board portals provide a full set of security and collaborative tools that are simple enough for administrators to use but provide real value to boards of directors. Instead of having to sort through e-mail updates and attachments that can easily be lost or confusing board portals allow directors to post comments on documents and other files, on any device or platform in real-time and simultaneously. This makes it easier to prepare for and attend meetings and ensures board members have the most up-to current versions of documents when traveling across continents or even countries.