A board portal is an online platform that improves governance practices, increases meeting efficiency and productivity and decreases time spent on administrative tasks such as preparing, sharing and distributing documents. Businesses see a significant ROI from their investment by decreasing the amount paper needed, printing costs and reducing the amount of time spent on labour.
The board portal is an easy and secure alternative to traditional methods of document dissemination. For example, corporate secretaries can build and distribute board packages at the touch of a button. This allows for instantaneous updates to be made available and ensures directors have access the most current version of board documents and documents.
A modern solution for managing boards can also be used on devices that directors own. This allows directors to be more accessible and convenient. Board members can access the portal using various devices, including tablets and desktop computers. They can also collaborate and engage in discussions with other directors and the board administrator, whether they are in a room together or from a different location in the globe.
It is essential to select a board portal that is user-friendly and simple to use. The more intuitive the tool is it, the less training directors and administrators will require to use it effectively. It is crucial to plan sessions of training that are tailored to the technical capabilities of your board.