A board portal is a secure and easy-to-use web application that streamlines the management of board-related tasks, like the distribution of materials for meetings and scheduling meetings, as well as facilitating online voting, and maintaining compliance with the requirements of regulatory agencies. The use of portal software can cut down on time in preparing for board meetings, and allows directors to concentrate their attention on higher value activities like strategic planning and growth of the company.
It isn’t easy to determine the quality and reliability of a company’s offerings in the market, given the number of options, but the following essential points are essential when choosing an effective software for boardrooms:
Be sure the platform is user-friendly. The most user-friendly portals cater to users of different technological capabilities and are available across a variety devices. They should be easy to navigate, and not too complicated with features that could create confusion and anger.
Look for 24/7 specialist support. Board members are typically busy and getting ready for meetings can be stressful enough without the worry that technology might fail or break down. A reliable company will provide a dedicated team of specialists to help with any technical issues that could occur, ensuring that there are no disruptions and ensure that boardroom preparation is as stress-free as possible.
Select a service that has undergone external audits and is compliant with regulations like SOX. It’s also important to check the security and encryption capabilities, as they are crucial to ensure security due diligence checklist and privacy.