Governance of the board is based on a regular meeting schedule. It doesn’t matter whether it’s bi-monthly, quarterly, monthly or sporadic meetings, board meetings assist the leaders carry out important tasks in the context of annual strategic responsibilities, such as policy and compliance, budget & audit, appointments and elections.
A high-quality board portal provides an intuitive, user-friendly solution for members of the board and administration to access meeting materials as well as other documents from any location and any device. This allows the board to run productive meetings and prepare for them.
Board portals are not just an excellent method of preparing for meetings as well as a secure and convenient way to save and share documents. With centralized storage of documents, directors not have to sift through a myriad of email attachments to locate the information they require. The best portals for board meetings offer advanced security features that make it more difficult for malicious actors to gain access to sensitive information. This includes 256-bit AES encryption multi-factor authentication, and GDPR compliance.
There are numerous board management software options, but not all of them are identical. It is important to carefully consider different options when choosing the best option for your business. In the demos, ask prospective vendors about their ease of use and where to begin. You don’t have time to learn a new tool.
Consider the pricing model of the vendor and whether they charge an additional fee for administrators, users, training, or data storage. Some vendors offer the opportunity to try their product for a period of time that will help you decide whether linked here the product will meet your requirements.