What to Look For in a Board Portal Solution

A board portal solution is a set of digital instruments that bring all stakeholders together on the board. These tools reduce admin, enable collaboration and facilitate increased discussions and governance monitoring. This allows the board to take better decisions quicker and be in compliance with the latest regulations with confidence.

The most effective board portal solutions can be used by every member, regardless of their level of tech proficiency, and help save administration time and effort by automating processes and decreasing dependence on email. This allows them to spend more time on governance and enhance the preparation for meetings and discussions during meetings.

It is also important that any board portal be secure and provide a robust audit track. So, those who manage the organisation can be assured that the portal is strictly adhered to the privacy standards for data. Moreover, members communicate through the portal, rather than using email, which is more vulnerable to hacking.

Board-level documents are among the most sensitive information in an organization, and the appropriate portal will ensure they are secure at all times during their lifecycle. Features such as remote wipe, role-based authorizations and permanent purge will ensure that information is not lost or thrown away.

A good board portal will also provide a variety of scheduling options, for meetings and other events. This allows board members to participate at any time and from any location, which can be highly beneficial to facilitate hybrid or remote meetings. Video conferencing is a must for meetings where face-toface meetings aren’t possible.

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