Board portal software gives you an unsecure, central hub for all of your business documents and meetings. It is used by companies of all www.southernboardroom.com/what-is-grant-management-software-for-nonprofits/ sizes, which includes public and privately-owned companies government, educational institutions and governments. Board portals offer a variety of benefits both qualitative and quantitative that improve the engagement of directors and governance, as well as compliance with regulatory and security standards.
We’ve put together a list essential features to consider when choosing the right board portal. When evaluating vendors, be sure to inquire about these features, and whether they are included in the price package you are looking at.
All important documents can be shared, viewed, edited and commented upon without difficulty. You can also add annotations and make notes. Sync all votes, meeting minutes, and decisions in real-time from your dashboard. Create a paperless environment by allowing parties to sign electronically.
Make sure that your board portal is simple to use so that directors are able to access and use it without a steep learning process. A smooth adoption of the tool is critical as it has a direct impact on the productivity and efficiency of your meetings. Ask your vendor if the service they offer has a simple interface and what kind of support is offered to new users in order to ensure that the tool is successfully adopted. The more user-friendly your board management software is, the greater value it will bring to your organization.