Similar to their corporate counterparts nonprofit boards face a variety of governance issues. They have to make crucial decisions within a short timeframe, manage the budget of the organization and ensure all resources are utilized efficiently. They are often staffed by volunteers, and they have a limited amount of time to dedicate to the board. Therefore, it is essential that they improve their processes and use technology in order to increase efficiency.
Nonprofit board portals can be a powerful solution to these problems. These platforms are designed specifically for boards, providing a central hub for communication which helps them work faster and remain organized. These platforms also offer secure storage of critical documents, like meeting agendas and financial reports.
By facilitating easy, straightforward communication and streamlining meeting management, board portals can assist nonprofit organizations to save valuable time and money. This lets nonprofit directors devote more of their time to fundraising and advocacy efforts. They also can eliminate the need to print out and reprint material for meetings, as well insecure email communication by using software that allows directors to access board materials from any location.
It is essential to select a portal for boards that has extensive features. It must be able to handle all types of data and allow multiple users to collaborate on the same project, and work with an array of mobile devices. It should also offer security features such as two-factor authentication and encryption. It is also an excellent idea to select a provider that offers flexible pricing.