A virtual board portal and storage of data is an organization’s governance software application that allows for protected digital contact and co-operation between users. It includes document storage with messaging capabilities, voting functions and record storage. It is a great choice for companies that want to streamline the board meeting process and increase the effectiveness of directors.
A board portal lets directors quickly access the most current information prior to and during meetings. This transforms the way they make decisions. Directors can also comment on and collaborate with files in a matter of minutes which eliminates the need to go through old email messages or sort through piles make informed decisions using data-driven board portal features of physical documents. The ability to view, annotate and share files instantly regardless of location, is invaluable in a time when boards are becoming more diverse and distributed.
It is important to consider the needs of your directors and administrators when choosing a portal for your board. You should also select a solution with a user-friendly design as well as excellent customer service. In addition, the software should be scalable, allowing both an annual and monthly pricing structure that can be adjusted to fit your budget.
In addition, you should be able to monitor the actions of specific users. You should be able to see what documents an employee has been viewing and when. This ensures that confidential information won’t be disclosed or shared with unauthorised parties, and increases accountability.