A board portal is a safe and easy-to-use web application that streamlines the management of the board’s tasks, including dispersing meeting materials and scheduling meetings, facilitating online voting, and ensuring compliance with regulatory requirements. Portal software can cut down on time in the preparation of board meetings and enable directors to concentrate their attention on more lucrative tasks like strategic planning and growth for the company.
It isn’t always easy to evaluate the quality of a service and its suitability within the market given the variety of options, but these key elements are essential when choosing the best software for your boardroom:
Make sure that the platform is easy to use. The best portals are created with people with different technological skills in mind. They’re accessible on a range of devices. They should also be easy to navigate and not too complicated with features that could create confusion and anger.
Seek out 24/7 specialist support. Board members are often busy and meeting preparation can be stressful without worrying about technology. A reliable company will provide an expert team to assist with any technical issues. This will reduce disruptions and make boardroom preparation as easy as it can be.
Choose a company that has been audited by an external auditor and is able to comply with laws like SOX. It’s also crucial to examine the security and encryption capabilities, since these are crucial for ensuring privacy.