Board Portal: Benefits
Compared to emailing board packs, which can be breached by hackers and prone to accidental dissemination, a board portal offers enhanced security for sensitive information. It secures all documents and ensures that only authorized users can access it. It also comes with features for tracking changes and set up user-defined permissions. These measures make it simpler and safer for boards to communicate, work together and prepare for meetings.
Another major benefit of board management software is the automated routine tasks and allowing board members focus on governance and strategizing for their objectives. Board members have access to agendas, materials for meetings, and reminders through its features. It lets them review documents and annotate them before their board meetings, conduct online voting and receive the minutes following the meeting.
It also allows them to share confidential information among teams and departments. Research grant managers, for example can www.searchboardroom.com/what-should-the-board-minutes-include/ use a portal for uploading proposals and speed up approvals by department heads and deans. The centralized document repository of a portal with its redaction capabilities can be used by government agencies to respond quickly to Freedom of Information requests.
Consider the reputation of a portal for board members and its customer support prior to choosing one. You should select a provider with a solid support team for implementation and onboarding. In addition, you need to evaluate its features and pricing to determine if it’s the right choice for your business. A trusted board portal will provide excellent customer support and extensive training tools for users.