A board portal is an online tool that lets you to manage and share documents that are related to the work of your board or committee. The tools facilitate online collaboration and communication between members, and also support a variety additional functions, including
Many reasons are behind the decision to adopt board portals, including concerns over security of email attachments as well as the increased workloads of governance professionals and the desire to improve internal processes. Commonly board members who are already using software for managing their board will request it from their peers or industry insiders.
Board of directors that have adopted a board portal have seen significant improvements in the efficiency and effectiveness of their meetings. As the number of users continues to grow, more companies are seeking to increase their use of the software. To maximize the benefits it is essential to select a reputable board of directors portal service that provides a dependable support and an easy onboarding process. Start by clearly articulating the advantages of a management software solution to the key stakeholders. Identify and engage portal champions, typically from the board itself to assist in launching the software and ensure the success of the implementation. This is especially crucial for companies that have older systems that they intend to continue to use in conjunction with the portal.