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Governance of boards is based on the regularity of meetings. Board meetings whether they are bi-monthly, quarterly, or monthly, allow leaders to accomplish important tasks within the context of annual strategic responsibilities such as policy and conformity as well as audit and budget appointments, and elections.
A high-quality board portal provides an easy-to-use, user-friendly platform for administration and board members to access meeting materials and other documents from any location and any device. This makes it easy for the entire board to prepare for and run productive meetings.
Board portals aren’t just a great way to prepare for meetings they also provide a secure and efficient way to store and share documents. With centralized file storage, directors will no longer need to look through a sea of email attachments to find the information they require. The top board portals provide advanced security features that make it harder for criminals to gain unauthorised access to sensitive data. This includes 256-bit AES encryption, multiple-factor authentication, and GDPR compliance.
There are many different board management software options available, but not all of them are created to be the same. When deciding on the best option for your company it is important to consider all possible options. During demonstrations, you should ask prospective vendors about their ease-of-use features and how to start. You don’t want long hours learning how to use a new tool especially when you’re already stressed out.
Take a look at the pricing structure of the vendor and whether or not they charge additional fees for users, administrators, training, or data storage. Some vendors offer the opportunity to try their product for a period of time that will allow you to determine whether the product is suitable for your needs.
