Board members are a crucial group of stakeholders that play an important role to play in the success of your company. The effectiveness of your board is determined by how they communicate and collaborate. BoardManagement can help you implement best practices for your board meetings and documents.
Features of the Board of Directors Portal
A board portal is a computer program that lets members of a board to access their central library of meeting materials from any internet-connected computer. This includes agendas for the next meeting as well as other important documents. It does away with the need to send email attachments that are vulnerable to cyber-attacks, or distribute and print paper packets that can easily be lost or misplaced. Furthermore, it provides a safer and more secure platform for discussions and collaboration as opposed to email.
The best software for managing boards can also aid in improving the communication with your stakeholders and keep everyone in the loop in the decision-making process of the board. For example, some board portals have options that let you upload and share files, create a calendar of documents and manage meeting minutes so that everyone knows what’s happening and when.
Another aspect boards of directors frequently consider beneficial is the capability to engage in a real-time discussion and collaborate on important matters during meetings, regardless of where they are. This is particularly beneficial for those who frequently travel or travel to remote locations for work.