Board Portal is a web-based application that allows businesses to organize their meetings and share documents and files, and improve governance. The tool is quickly growing in popularity with non-profit as well as for-profit organizations because of its numerous benefits. The tool helps save time and money, while also reducing the requirement to purchase maintenance and management of various software solutions for tasks like meeting minutes communications, document sharing, communication and voting.
You can collaborate on documents in real-time across devices and platforms, even when board members are across different continents. Utilize pre-designed templates to create agendas and share them quickly. calendar integrations for an all-in-one view of everyone’s live schedules, and eSignatures to sign off on the decisions in a matter of minutes. The system maintains a log of every vote, action and comments so that you get a complete view.
Board portals let directors communicate securely with committee members or team members in between meetings and before. They can also look over and annotate documents online. They also ensure that all changes are recorded and then backed up to ensure that the most current version is always accessible.
The top board management software vendors offer strict security protocols, such as two-factor authentication for user logins and complete encryption of stored information and communications between members. They are also usually supportive of data retention policy to reduce the risk of liability for the company. They should also offer an opportunity to trial the software for free for potential customers, in order to give them an opportunity to test the software before investing in it.
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