Board portal software is an online solution to manage the people and processes which schedule, record and oversee meetings between the board of directors and its management team. It provides secure remote access to the meeting materials via any device connected to the internet. Board members can sign in using any mobile browser or web-browser from their iPhone, iPad, or other tablet. This board portal software means they are able to access meetings and documents at any time and on devices they use regularly for work or leisure.
The benefits of a portal for boards include reducing paper use, improving director engagement and providing secure online collaboration tools that help to enhance the effectiveness of the governance process. It also saves money and time by replacing expensive printing shipping, e-mailing and physical materials. A good board portal also lets administrators assign permissions and create an unifying source of truth for information which increases transparency and accountability.
Selecting the best board portal software requires careful analysis of the capabilities that will be the most valuable to your organisation. Find a solution with high ratings and a lot of positive reviews on independent software review websites like Capterra and G2.
Modern board portals provide an extensive set of security and collaboration tools that are simple to use for administrators but provide real value for boards. Board portals allow directors to make comments on documents and other files in real time and simultaneously without having to go through emails and attachments which can easily be lost or misunderstood. This allows board members to attend and prepare for meetings. They also have the latest versions of documents even when they travel across continents and countries.