Governance of boards is based on regular meetings. Board meetings whether bi-monthly, quarterly or monthly, help leaders perform important tasks within the context of strategic responsibility for the year, such as policy and compliance, budget and audit, elections, and appointments.
A well-designed board portal provides an intuitive, user-friendly way for administration and board members to access meeting materials and other related documents from any location and any device. This makes it easier for the board members to conduct productive meetings and plan for them.
In addition to being a useful tool for preparing for meetings board portals also provide an easy and secure method to share and archive documents. With centralized storage of documents, directors no longer have to dig http://boardroomplus.info/why-are-meeting-minutes-important through a plethora of email attachments just to find the information they require. The top board portals provide advanced security features to make it more difficult for malicious actors to gain unauthorised access to sensitive data. This includes 256 bit AES encryption, multi-factor authentication, and GDPR compliance.
There are a myriad of software for managing boards on the market however, not every one is designed the same. When selecting the best solution for your company it is important to evaluate all possible options. During demos, talk to prospective vendors about their user-friendly features and how to start. You don’t want to invest a lot of time learning how to use a brand new tool particularly in the event that your board is working at a minimum.
Also, be sure to consider a vendor’s pricing model and whether they charge for additional users and administrators, training or amounts of data storage. Some vendors offer trials that aid you in deciding whether the product is suitable for your needs.
Leave a Reply