Board portal software gives you a secure, central point for all of your business documents and meetings. It is used by organizations of all sizes and industries including public and private businesses, government as well as educational institutions and non-profit organizations. Board portals offer a range of quantitative and qualitative benefits which can enhance director engagement as well as governance and compliance with regulatory and security standards.
We’ve put together a list things to consider when choosing the right board portal. When you’re evaluating vendors, be sure to ask about these features, and whether they are included in the pricing plan you are looking at.
Share, view, edit, and comment on all your important files with the option of adding notes and annotations. All votes and meeting minutes in real time and oversee the outcome via your dashboard. Create a paperless meeting with an e-signature feature which allows signers to sign online.
Make sure that your board portal has an easy-to-use interface so that directors can use the software without a steep learning curve. It is crucial to ensure that the software is implemented smoothly, as this can have a direct impact 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 provided to new users to ensure that the tool is successfully adopted. The more user-friendly your board management software, the greater value it can bring to your organization.