What is a Board Portal?

Modern board governance requires that board members have access to the most recent reports and data analysis to make informed decisions that are aligned with the strategic goals of their organization. In order to achieve this, boards require more frequent meetings, enhanced transparency and risk reduction, and effective communication tools. Board meeting management software eases the process of managing all these tasks and is an effective tool for improving corporate governance.

The best board management software offers all-in-one capabilities that combine the features of a variety of tools into a single platform. This reduces time and effort for board members and lets them concentrate on governance issues instead of administrative internet duties. When looking at board-portals be sure to look at the way they perform on independent review websites. Also, ask the vendor for specific information about their products and pricing information, so you can make a fully informed choice.

Be sure that the portal you choose is compliant with the security standards of your industry and is compliant with its regulations. Look for features like remote wipe, role and group-based permissions and a permanent purge to ensure that deleted notes, annotations, and discussions can't be recovered from a backup or server file. If your board is geographically dispersed, make sure to check if the board portal is available on multiple devices including smartphones and tablets.

A good board portal will allow you to schedule your meetings using the calendar system of your choice. It is then easy to send meeting invitations directly to the digital calendars of your board members and check their availability in real time. Board members can then attend meetings prepared. This will reduce administrative costs and boosts productivity.