The board portal is an instrument for directors that allows them to share confidential information with each other from any location, on any device. It’s a more efficient and secure way to send emails, print documents, and schedule meetings. This facilitates greater communication and participation between directors as well https://liveboardroom.com/when-is-a-board-resolution-necessary/ as a more fluid flow of information.
While implementing a new system for managing boards can take a lot of time for the board’s administrators and members, it does have many advantages. Board Portals are designed to streamline meeting procedures and assist in modernizing governance. They help directors to manage their work. They offer a seamless experience using existing devices, and are compatible with Microsoft Outlook and Google Workspace. They provide security and transparency by streamlined voting, integration of action items, survey integrations, and a full audit trail.
If you’re an existing board portal user or are planning to use one for the first time, it is important to explore the features available. Assess the user-friendliness for both administrators and board members, as well as the availability of mobile apps. It is also important to inquire about the product roadmap and how your voice as a consumer is considered for future improvements and developments. Be aware of cost savings, as the money you save from running the board could be put in other areas of the business. This is especially important for not-for-profit organisations that have the tightest budget.
