A board portal is an online platform that enhances governance practices, increases the efficiency and effectiveness of meetings and decreases time that is spent on administrative tasks like making, sharing, and distributing documents. As a result, companies realize significant return on investment due to paper savings, printing declines, and time saved.
The board portal is an easy and secure alternative to the traditional methods of distributing documents. For example corporate secretaries can design and distribute board-related documents at the touch of a button. This allows instant updates to be pushed out and ensures that directors have access to the latest version of documents and board materials.
Additionally, a modern board management software solution can be utilized on devices that directors already own. This provides convenience and accessibility for directors who are traveling. Board members can log on to the portal on various devices, including desktop computers and tablets. They are also able to participate in discussions and collaborate with other directors and the board administrator regardless of whether they’re in the same room or across the world.
It is crucial to select the right board portal that is user-friendly and simple to use. The more user-friendly an application is, the less need for training directors and board managers will require to be able to use it effectively. It is important to consider the technical proficiency of your board members and arrange more tips here training sessions that meet their needs.