Board portal software offers a secure central hub for all of your business documents and meetings. It is used by businesses of all sizes and industries like public and private corporations, government agencies as well as educational institutions, and non-profits. Board portals can offer numerous quantitative and qualitative benefits, including improved director engagement, governance and compliance with the requirements of regulatory standards and security.
We’ve compiled a list aspects that you should consider when choosing the right board portal. When evaluating a vendor, be sure to inquire about these features and if they are included in the pricing plan you’re considering.
All important documents can be shared, viewed, edited and commented on without difficulty. You can also add annotations and make notes. Keep track of all minutes and votes in real-time and manage the outcome on your dashboard. Create a paperless meeting experience with an e-signature feature which allows signers to sign their documents remotely.
Ensure that your board portal has a user-friendly interface so directors can utilize the software without a steep learning https://southernboardroom.com/what-is-grant-management-software-for-nonprofits/ curve. It is important to ensure that your tool is adopted smoothly, as this can have a direct effect on the effectiveness and efficiency of your meetings. Ask your vendor if the solution they offer has a simple interface and what type of support is offered to new users in order to ensure a successful adoption. The more user-friendly the board management software is, the greater value it will provide to your company.