A board portal is an online platform that helps improve governance practices, improves the efficiency and effectiveness of meetings and reduces time that is spent on administrative tasks like the preparation, sharing and distribution of documents. In the end, businesses see a significant return on their investment due to paper savings printing, printing declines, as well as labor hours saved.
The board portal is an effective and secure alternative to traditional methods of distributing documents. For instance corporate secretaries can create and distribute board documents at the touch of a button. This allows instantaneous updates and ensures that directors can access the latest version of the board’s materials and documents.
A modern board management system can also be used on the computers of directors. This allows for convenience and accessibility for directors on the move. Board members can access the portal using a variety of devices including tablets and desktop computers. They can also collaborate and engage in discussions with other directors and the board administrator if they are in a room together or from a different location in the globe.
When selecting a board portal it is important to choose one that is simple for users and easy to understand. The more intuitive an application is it, the less training administrators and directors will need to effectively use it. It is crucial to plan training sessions that are tailored to the technical skills of your board.