A board portal is a platform that facilitates better governance, improves efficiency and productivity of meetings, and decreases time spent on administrative tasks like making, sharing, and disseminating documents. In the end, businesses see a significant return on their investment due to paper savings, printing declines, and the time saved by employees.
The board portal of the present provides a secure and convenient alternative to the traditional methods of distributing documents. Corporate secretaries, for example, can create and distribute board materials by simply pressing a button. This allows instant updates to be distributed and ensures directors have access the latest version of documents and board materials.
A modern board management solution can also be used on the devices of directors. This makes it easier and more accessible for directors moving around. Board members can log on to the portal via different devices like tablets and desktop computers. They can also join discussions and collaborate with fellow directors and the board administrator regardless of whether they’re in the same room or across the globe.
It is crucial to select a portal for board meetings that is easy and intuitive to use. The more user-friendly an application is, the less need for training directors and board managers will require for its use. It is important to consider the technical capabilities of your board members, and plan training sessions that meet the needs of your board members.