A software platform called an online board portal allows you to schedule meetings, keep records and conduct votes. The technology also comes with tools to manage meetings and other tasks, which ensures that you are in compliance with the laws. Not all board management software is equally, however. It isn’t easy to decide between solutions that offer different features and costs. Think about the following questions to narrow down your options before selecting the right board platform:
A portal for board meetings is a great tool for any company, whether you are a small startup on a budget or a major corporation looking to improve governance and collaboration. The most effective portals for board meetings can help reduce administrative costs, improve discussions and align stakeholders in the boardroom. They also come with a variety of options that make document management and the preparation of meetings easier and more efficient.
The most important features are:
Agendas and documents. Board management software lets you create agendas and share them, add documents and topics and send participants prior to a meeting. It also allows you to make notes and automatically create comprehensive board portal pricing meeting minutes.
You can also utilize the board of directors portal to manage and store confidential documents. These include pitch decks for telehealth initiatives, investment memoirs to seed investors, and government agency research reports. The software’s central repository for documents makes it easy to access and organize all kinds of files, plus its redaction capabilities can speed up the time it takes for agencies to respond to FOI requests.