The best board portal providers provide secure platforms that simplify collaboration and information flow for directors, directors, corporate secretaries. They let board members prepare for meetings, share materials, take minutes and distribute action items in one place. They assist with the fundamental pillars in governance by offering a reliable, « single-source of truth » to all documents of boards and committees whether they’re kept in physical or electronic form.
Choosing the right online board meeting software is essential for any organization that needs to increase efficiency, productivity and security. When selecting a provider, consider the user experience and whether it can be used on any device (including tablets and smartphones) to make it more convenient and flexible. Also look for features that allow users to efficient board meeting minutes work offline (e.g. During travel or outages and the data of board members will automatically sync after they are back online.
Many organizations utilize board portals from non-profits to financial service companies and everything in-between. They have become essential for improving the governance and performance of many organizations. They are typically used to facilitate board meeting and committee meetings. However, they can be used in many different ways.
A charitable organization, for example, can utilize a portal for board members as a way to collaborate on fundraising, strategic planning and volunteer events. A private company can use a management board tool to save confidential financial projections and investor pitch decks and work on new venture ideas with founders and seed investors.