Board governance is oriented around a regular meeting cycle. Board meetings, whether quarterly, bi-monthly or monthly, allow leaders to perform important tasks within the context of annual strategic responsibility such as policy and conformity as well as audit and budget appointments, and elections.
A well-designed board portal provides an easy, user-friendly method for board members and administrators to access meeting materials and other related documents from any location on any device. This makes it easy for the entire board to plan and run productive meetings.
In addition to being a useful tool for planning meetings board portals also provide a convenient and secure way to share and store documents. Directors do not have to search through email attachments in order to find the documents they require. The best portals for board meetings have advanced security features that make it difficult for criminals to gain unauthorized access to sensitive information. This includes 256-bit AES encryption, multiple-factor authentication, and GDPR compliance.
There are many different board management software options, but not all of them are equally. It is crucial to look at different options before deciding the best option for your organization. In the demos, ask prospective vendors about their user-friendliness and how to begin. It isn’t a good idea to spend long hours learning how to use a brand new tool, especially if your board is already in a hurry.
Consider the pricing model of the vendor and whether they charge additional fees for users, administrators, training, or storage of data. Some vendors offer an initial trial period to let you know if the product suits your requirements.