Board portals can also be referred to as board management software or meeting software. They allow directors and other members of the leadership team from all industries to work together securely on documents. They offer one digital platform to eliminate bottlenecks and redundant processes that are involved in meeting planning from planning through to execution. If you’re thinking about upgrading your management system for board meetings or are looking to invest in one for the first time, it’s important to https://livingboardroom.com/ know how they function. This article will help you determine what features and functions your company needs to build a robust board portal that will yield a high ROI.
The centralized board book allows users to view and edit documents prior to meetings. They can also be easily access and shared with other attendees on any device including mobile phones and tablets. This eliminates the need to use email attachments and shared drives, which could be vulnerable to security breaches.
Additionally, the ‘anytime and anywhere feature lets directors be able to access their responsibilities even when they’re offline. This lets them be productive and keep their attention on strategic decisions and away from the daily administrative tasks that run a business.
Security is a major concern for the majority of board portals. They employ robust encryption techniques, as well a multi-factor authentication, to ensure that only authorized users are able to access sensitive information. Some have also physical data centers that are monitored by security personnel and have an advanced disaster recovery systems to safeguard the sensitive data of their customers.