Board members are an essential group of stakeholders that play a crucial role in the overall success of an organization. The effectiveness of your board is determined by the manner in which they communicate and collaborate. BoardManagement can help you implement best practices for your board meetings and documents.
Features of the portal for directors and board members
A board portal is a software that lets members access their centralized library of meeting materials, including agendas for meetings and other important documents, from any internet-connected device. It is no longer necessary to send attachments to emails that are susceptible to cyber-attacks, or distribute and print paper packets that can easily get lost or misplaced. It also offers a safer and more secure platform for discussions and collaborative work than email.
The right tool for managing your board will also enhance your communication with stakeholders and ensure that they are actively involved in the decision-making process. Some portals for boards permit, for instance, you to upload files and share them, create calendars of documents and manage meeting minutes, so that everyone is aware of what’s going on.
Another benefit boards of directors usually appreciate is the capacity to conduct a live discussion and collaborate on important matters during the meeting, no matter where they are located. This is especially beneficial for those who travel frequently or work in remote locations.