A board portal provides administrators and directors with a variety of tools that can help them prepare for meetings. These tools let directors receive meeting notifications including digital board packs, meeting notifications and other documents as well as edit and read them, and comment on them and annotate them in an online environment that is collaborative. They also allow digital signatures and eliminate the need for printing, distribution and storage of physical copies.
In addition the time required to prepare for an event can be significantly reduced with the boardrights.com help of these tools. For instance, the admin can create and distribute the board books within minutes by using the built-in templates. The tool can provide a summary to facilitate reference of director assignments and progress. The most effective board portals display a dashboard which displays the agenda for meetings coming up as well as the polling schedules and other relevant information.
Due to the numerous benefits that board portals can provide many organizations are using them to meet their governance requirements. This trend is particularly apparent in non-profit organizations, where the use of modern technology is a reflection of the company’s commitment to transparency, accountability, and efficiency.
When selecting a board portal it is important to look at the reputation of the service provider and their service level. A reputable provider will provide classes to ensure that users feel comfortable using the system and quickly solve any issues or queries they may have. It is also a good idea to inquire with prospective providers about their plans for developing and improve their product over time, to ensure that it is in line with governance best practices and the changing needs of your business.