A board portal is an online platform that facilitates more effective governance, increases the efficiency of meetings and reduces time spent on administrative tasks, such as making, sharing, and distributing documents. Businesses see a significant return on their investment by cutting down on the amount of paper they use, the cost of printing, and saving labour hours.
The modern board portal provides an efficient and secure alternative to the traditional methods of document dissemination. For example corporate secretaries can create and distribute board documents at the touch of a button. This allows instantaneous updates and ensures that directors have access to the latest version of board documents and materials.
Additionally, a modern board management software program can be used on devices that directors already own. This makes it easier and more accessible for directors moving around. Board members can login and access the portal using many different devices including tablets, desktop computers, and mobile phones. They can also take part in discussions and collaborate with fellow directors and the board administrator regardless of whether they are in the same room or across the world.
It is crucial to select a board portal that is user-friendly and simple to use. The more user-friendly an application is, the less need for training directors and board managers will require to use it effectively. It is crucial to plan training sessions that are tailored to the technical expertise of your board.