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What is a board portal?
Board portals are secure, cloud-based board management software that provide a digital space for organizations to store, organize and share sensitive information. They enable boards of directors, advisory panels, and administrators to efficiently manage their duties.
What are the advantages of a board portal for your organization?
The use of a board portal decreases costs by removing the need to print and distribute hard copies of documents, while providing a more comprehensive secure and secure system of record. It also allows boards to collaborate on documents and take part in discussions with others.
What is the procedure for setting up the board meeting?
Administrators prepare an agenda for meetings and distribute it to board members in order to set up meetings. They also initiate electronic signatures and upload or amend documents, as in sending out meeting notifications. They also manage workspaces and portal users.
How can board members access the board portal?
Board portals are web-based and mobile tools that let board members access and read meeting materials from anywhere, at any time. They also have an embedded voting platform that allows them to securely vote at meetings and automatically record their votes into the record of the meeting.
When choosing a portal for your board Look for features that make it easier to manage routine tasks such as pre-meeting preparation and the ability to update directors when dates or documents change. It is also important to inquire about how the product will evolve in time to meet the changing needs of your organization and best governance practices.