Board portal software is a secure, central point for all your important business documents and meetings. It is used by organizations of all sizes and industries like public and private companies, governments and educational institutions, as well as non-profits. Board portals offer a myriad of benefits both qualitative and quantitative that can improve director engagement, governance, and conformity with security and regulatory standards.
We’ve put together a list of features that are important to take into consideration when choosing the right board portal. When you’re evaluating vendors, be sure to ask about these features and if they are included in the price package you are looking at.
Share, view, edit, and comment on all your important files with the option to add annotations for notes. Sync all minutes and votes in real time and oversee the outcome via your dashboard. Create a paperless meeting by using an electronic signature feature that allows parties to sign electronically.
Make sure that your portal for board meetings has a user-friendly interface so directors can access and use the software without having a steep learning curve. It is crucial to ensure that the tool is incorporated smoothly, since this can have a direct impact on the efficiency and effectiveness of your meetings. Ask your vendor if their software has a user-friendly interface, and what type of assistance they provide to new users to ensure success adoption. The more intuitive the board management software is, the more value it will provide to your company.