Board portal software is an online application for managing the people and processes that plan, document and manage meetings between the board of directors and its management team. It allows secure remote access to meeting materials from any device connected the internet. Board members can sign in using any mobile or web-based browser from their iPhone, iPad, or other tablet. They are now able to access documents and meetings on the devices they use the most for work or pleasure.
A board portal can help reduce the use of paper, increase director engagement, and provide secure online collaboration tools to improve the governance process. It also helps save time and money by replacing expensive printing shipping, e-mailing and physical materials. A good board portal allows administrators to establish permissions and create an unifying source of truth for all information that improves transparency and accountability.
It is important to carefully assess the features that will be most beneficial to your company when selecting the right board portal. Look for a software solution with high ratings and many positive reviews on independent software review websites like Capterra and G2.
Modern board portals provide a full set of security and collaboration tools that are easy for admins to use, but provide real value to boards of directors. Board portals allow directors the ability to comment on documents and other files in real time and simultaneously without having to go through emails and attachments that are easily lost or confused. This helps in preparing for meetings, and to attend them and ensures board members have the most up to updated versions of documents when traveling across different continents or countries.