A board portal is an online platform that helps improve governance practices, improves meeting efficiency and productivity and cuts down on time involved in administrative tasks such as making, sharing, and distributing documents. Companies can realize a significant return on their investment decreasing the amount paper needed, printing costs, and saving labour hours.
The modern board portal offers an effective and secure alternative to traditional methods of document distribution. For example corporate secretaries can design and distribute board-related documents by pressing a button. This allows for immediate updates to be released and ensures directors have access the most current version of documents and board materials.
Modern board management solutions can also be used on devices that directors own. This allows directors to be more accessible and streamlined. Board members can log on to the portal from different devices like desktop computers and tablets. They can also participate in discussions and collaborate with fellow directors and the board administrator regardless of whether they’re in the same room or across the globe.
It is essential to select a board portal that is user-friendly and simple to use. The more intuitive the application is the less training directors and board members will require to use it effectively. It is important to schedule sessions of training that are tailored to the technical expertise of your board.