Board Portal is an online application used by companies to streamline meetings, share documents and files, and enhance governance. With its numerous benefits it is gaining popularity with for-profit and non-profit organizations. The tool saves time and money by reducing the need for multiple software applications to perform tasks like meeting minutes, communication and document sharing.
Collaboration on documents can be done in real-time across devices and platforms, even when board members are across different continents. Use pre-built agenda templates to quickly build and share agendas, calendar integrations to see the schedules of everyone in real-time and eSignatures to ensure instant approval of decisions. The system also keeps a historical record of all actions, votes and comments to give a complete picture of the decision-making process.
Board portals let directors communicate securely with team members or committees before and during meetings. They can also look over and annotate documents online. They also ensure that all changes are documented, and backed up so that the most recent version is always accessible.
The top board management software providers offer strict security protocols. This includes two-factor authentication for logins and complete encryption of all stored information and communications between members. They will also typically support a the policy of data retention to limit liability for the company. They should also provide an opportunity to trial the software for free for potential customers, so https://searchboardroom.com/ that they have an opportunity to try out the software before they decide to purchase it.