A board portal is a secure cloud-based application for sharing and managing documents relevant to committee and board work. The tools allow boardroomhub.blog/legal-implications-of-board-decisions-made-by-email-vote/ online collaboration and communication between board members and can be used to support a variety of additional functions, such as:
There are many reasons behind the use of board portals, ranging from concerns about security issues with email attachments, increased workloads of governance professionals, and the desire to improve internal processes. Typically board members already using a board management software will request it from their peers or from industry insiders.
Boards of directors that have adopted a web-based portal for their meetings have noticed significant improvements in efficiency and effectiveness. As the number of users continues to grow, more companies are looking to expand their use of the software. To reap the maximum benefits it is crucial to choose a reliable board of directors portal vendor that offers a solid support service and an easy onboarding process. Start by clearly describing the advantages of a software for managing boards solution to the key stakeholders. Identify and engage portal ambassadors, usually members of the board, to assist in launch and ensure the success the implementation. This is especially crucial for organizations that have old systems that will continue to be used in conjunction with the new portal.