A software platform dubbed an online board portal allows you to plan meetings, save documents and conduct votes. It also gives you tools to manage meetings and tasks, as well as ensure conformance with laws. But not all software used for board management are designed the same. Different solutions provide different features and price points which makes online board portal software it a challenge to choose the right one for your organization. Think about the following questions to narrow your options before selecting the right board platform:
No matter if you’re a startup with a modest budget or a well-established company looking to improve collaboration and governance, a portal for board meetings can help. The best board meeting portals can help reduce administrative costs, improve discussions and align participants in the boardroom. They also have numerous features that make managing documents and the preparation of meetings easier and more efficient.
Some of the most important aspects include:
Agendas and documents. Board management software lets you create and share an agenda, add related documents and topics, and distribute it to attendees prior to the meeting. It also lets you take notes and automatically create comprehensive meeting minutes.
You can also use a portal for board of directors to store and manage confidential documents. These include pitch decks for telehealth projects, investment memoirs to seed investors, as well as government agency research reports. The software’s central repository for documents allows users to easily access and organize all kinds of files, plus its redaction capabilities can reduce the time it takes agencies to respond to FOI requests.
