Board portals have become a vital tool for businesses seeking to streamline their management processes and improve governance. It’s not a secret that this technology saves valuable time, money and resources, allowing directors prepare for meetings and carry out their work from any internet-enabled device.
The traditional method of managing board materials can be inefficient, cumbersome and time-consuming. Directors may be spending days reading, noting and arranging physical copies of meeting materials. This can take up significant time that could be better spent on agenda items that are important. In addition coordination and tracking changes between meetings is time-consuming for the secretary of the board or directors who have to deal with one-off requests for new documents.
Board portals solve these problems with a myriad of practical features that facilitate meetings and make them more efficient. Administrators can, for example, create board packs that are distributed using secure links. This eliminates the need for the directors or board secretary to print out and distribute materials for meetings. Additionally, any updates made prior to the next meeting can be instantly distributed to the board’s other members to reduce the chance that directors are working with outdated versions of documents.
When selecting a portal for your board service, it’s essential that the service is compatible with the devices used by directors for their work. Choose a vendor that offers mobile apps and web-based portals that allow users to access their service from any device and without needing to download additional software. A user-friendly interface can also help ensure that board members can be comfortable using the solution with minimal training.
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