Board Portal is an online application that companies use to simplify meetings, share documents and files, as well as improve governance. Because of its numerous advantages it is growing in popularity with both for-profit and non-profit organizations. The tool saves time and money, as well as reducing the requirement to purchase maintenance and management of multiple software solutions for tasks like meeting minutes and communication, document sharing and voting.
You can collaborate on documents in real time across devices and platforms even the board members reside across different continents. Use pre-built templates to build agendas quickly and share them with others, calendar integrations to provide one view of everyone’s current schedules and eSignatures to sign off on decisions instantly. The system keeps a history of all votes, actions and comments so that you can see the whole picture.
Board portals let directors communicate securely with team members or committees prior to and during meetings. They can also look over and comment on documents online. They also ensure that all changes are recorded and backed up so that the most current version is always available.
The most reliable software for board management provides strict security protocols, including two-factor authentication and encryption of all stored information and communications. They are also usually supportive of the policy of data retention to limit company liability. They should provide a free trial to prospective customers to let them test the software before they invest in it.