What is a Board Portal?
Modern board governance requires that board members have access to the most current reports and data analysis to make informed decisions aligned with the organization’s objectives. To do so, boards require more frequent meetings, greater transparency and risk management, and effective communication tools. Board meeting management software simplifies the process of managing all of these tasks, and is a powerful tool for improving corporate governance.
The best board management software blends the functions of multiple tools into one integrated platform. This lets board members concentrate on governance and less administrative tasks. When you are evaluating portals for board members pay particular attention to how they perform on respected independent review sites for software. Ask vendors for product details and prices to make an informed decision.
Be sure that the board portal you choose is in compliance with your industry’s security standards and is in compliance with regulations. Check for features such remote wipe, role-based permissions, and permanent purge. This will ensure that deleted discussions and notes cannot be recovered from backup files or servers. If your board is geographically distributed Make sure you check whether the board portal is available on multiple devices like tablets and smartphones.
Furthermore, a great board portal should allow you to plan meetings using your preferred calendar system. This way, you’ll be able to easily invite meetings to members’ digital calendars and check on everyone’s real-time availability. Then, board members are able to attend meetings in advance by you, reducing administrative costs and improving productivity.
www.searchboardroom.com/what-is-the-role-of-the-company-secretary/