A software for board of directors solution is more than a necessity for companies. Boards require a mobile solution that allows directors to access board materials from any location. The technology should be easy to use by directors and provide seamless access across all devices, whether they are on the move or at home. It should also be secure.
A good board portal selection can save your company time and money. As you evaluate the different options, take a look at the upfront costs as well as ongoing expenses. Be sure to take into consideration the complete set of features that come with each option as well as the effects of various security measures. Certain software for board of directors vendors offer basic, professional and enterprise editions It’s crucial to be aware of the differences in features when comparing prices.
A good board portal does not only saves administrative time but also provides advanced tools to improve the experience of board meetings for both members and administrators. Many service providers offer an “anytime anyplace, anytime” approach that allows directors to access the portal via their mobile devices, or a web browser. Certain solutions allow directors to take notes in meetings and to share their thoughts in real-time. Certain solutions allow electronic voting and signatures on documents following meetings.
Another important feature to consider is how the tool prompts good governance practices, for example, including safety and health items on the agenda, or requesting the approval of minutes at the next meeting. Lastly, a good board portal is easy to upgrade and add to over time.