A board portal blog is a great governance tool for secretaries and directors alike. It simplifies the process of planning pre- and post-board meetings. This allows them to focus on strategic planning and implementation, which results in a better organisational outcome. In this article, we explore: the history of this technology, its benefits and features, how it improves governance, and what it does to improve meeting procedures.
Board portals (also called software for managing boards) are subscription-based services that allow boards to collaborate digitally and easily communicate. They are secure repositories for documents related to boards. All data related to meetings, agendas and decisions are stored in one location. This means that all data is accessible to all regardless of where they are.
Board software can help directors prepare for meetings by providing summary reports relevant background information and personalised insights on every agenda item. It can then aid collaboration by allowing easy annotation and commenting on documents, providing better understanding and improved decision-making in the meeting itself. The software can automatically generate the minutes after the meeting, while allowing directors to make the necessary changes to the document. It can also track actions and assign tasks, and set deadlines for completion.
When selecting a board management software provider, take a look at their credentials to ensure that you are dealing with a reliable company. You should be able inquire about their certifications, accreditations and how often they are inspected. You may like to read reviews and testimonials from customers to find out what others have said about the business.