The top board portal providers provide a secure platform that simplifies collaboration and information flow for administrators, directors, and corporate secretaries. They assist board members in preparing for meetings, share materials, take minutes, and circulate action items in one place. They also help support the most important elements of governance by providing a trusted “single source of truth” for all committee and board documents, whether they are stored in electronic or physical form.
Selecting the best online board meeting software is critical for any business that wants to improve efficiency, effectiveness, and security. When choosing a supplier be sure to consider the user experience and if it is compatible with any device (including smartphones and tablets) to allow for flexibility and convenience. Consider features that allow users to work offline (e.g. during travel or outages) and sync automatically once the board member comes back online.
Many organizations utilize board portals that range from nonprofits to financial service providers and everything in between. They are crucial to improving the governance and performance for many organizations. They are most commonly utilized to facilitate board meetings and committee meetings. However they can also be utilized in many different ways.
A charity, for example, can utilize a board portal as an avenue 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 also collaborate on new venture ideas with the founders and seed investors.