Must-Haves for Onboard Board Portals
After major financial scandals rocked the industries and investors lost billions of dollars, businesses began looking for ways to increase transparency and accountability. Board portals – also known as second generation portals – were designed to allow secure communication and document sharing between board members, while also facilitating meetings.
Technology has changed and now includes additional features that allow board directors communicate better prior to, during and following meetings and make better choices. Not all portals are created equal and it’s crucial to know which tools your board requires and what you would like to have.
Whether your organization is considering its first purchase of a board management software or upgrading to a new solution, it is essential to consider which features are critical for smooth user experience as well as a strong return on investment (ROI). To help you navigate the process of choosing the right portal for your requirements this article will outline key must-have onboard board management software features.
One of the most important things to have is a dedicated meeting agenda maker. This feature eliminates the necessity of sharing materials for meetings via email and ensures that all board members receive an agenda with the final date. In addition, having a dedicated task manager that lets secretaries assign tasks to board members helps everyone be accountable for their assigned responsibilities.
Another must-have feature is a secure document center that hosts all board documents all in one place. Utilizing this tool eliminates the need for board members to email or upload documents to other file-hosting services, like Dropbox or Google Drive as well as can also give assurance that sensitive data is safe from unauthorised users.