Board of Directors Software Features to Look For in a Board Portal

Board of Directors software helps organizations of all sizes improve governance by making it easier to collaborate and communicate with board members. It provides a secure online space for directors to gather, discuss, share documents and information and reduce administrative tasks for the governance specialist or corporate secretary.

Effective and efficient board meetings are vital for the success of any business. However, the process of preparing materials, distributing documents, and keeping directors updated is time-consuming and laborious. When it comes to selecting the best board portal software there are a range of aspects that need to be considered. Among the most important are simple navigation, security, and reliable data security. It is important to understand how a portal has been developed with directors as well as governance experts in mind.

To save time to cut down on time, a board portal will allow you to design an agenda from an agenda template. Then, you can use the document center feature to send reports and M&A project management software other documents with your directors, so they can review them prior to the meeting. This feature ensures that directors are prepared for the meeting and are able to make informed decisions.

Boards typically deal with confidential and sensitive information that require the highest degree of security. Sharing sensitive information via email or free online file-sharing services is risky and can result in hacking, leaks or data breaches. To reduce the risk, a high-quality board portal uses SSL encryption and enforces password policies to safeguard the information of your company from unauthorised access.