The Benefits of Board Portals
|A board portal for directors and administrators with a suite of tools that can help them prepare for meetings. These tools let directors receive notifications about meetings, digital board packs and other documents to read and edit them, and even comment on and annotate them using a collaborative online setting. These tools also permit digital signatures and remove the requirement to print, distribute and store physical copies.
These tools can also assist to cut down on the time it takes to prepare for a meeting. For instance, the admin can put together and distribute board books in just a few minutes using the tool’s built-in templates. The boardrights.com tool can also provide an overview to make it easy to keep track of director assignments and the progress. The best boards portals even show a dashboard of forthcoming meetings that display the agenda for meetings and polling schedules as well as other pertinent information.
Due to the numerous benefits that board portals can provide many organizations are using them to meet their governance requirements. This trend is particularly pronounced in non-profits which are where the use of advanced technology shows the organization’s dedication to transparency, accountability and effectiveness.
It is important to take into account the reputation and level of service of the company when selecting a platform for board games. A good service will offer training sessions to ensure that users are comfortable with the system and quickly solve any issues or concerns they may encounter. Find out how potential suppliers are planning to improve or develop their product in the near future to ensure it is in line with the best practices for governance and your organisation’s evolving needs.