What is a Board Portal?

A board portal is an online software that enables directors and executives to work together and share information. It also assists in streamlining meeting preparation and governance processes to facilitate better decision-making and better governance results.

Modern board management software is more secure than email or file sharing platforms, which can be easily hacked and leak confidential Board documents. It uses strong encryption, multi-factor authentication and high-security storage for the protection of board documents. It also ensures that only people who have the appropriate permissions are able to access sensitive documents.

A dependable portal for board members assists your company’s policy on retention of data, and keeps each communication between Board members. This minimizes the risk of liability and it also saves you time and money by reducing the amount of administrative tasks involved in meetings and management of documents.

Finally, a quality board portal is simple to use and allows your Board of find Directors to work in the way they want to work. They can make informed decisions and participate in strategic discussions, and continue to work at work on the go or at home by using an intuitive, mobile-first platform that is compatible with any device.

It is important to get the backing of the most important stakeholders within your board in order to ensure that your new portal is successful in its implementation. It’s important to include your chief information officer, who is the person responsible for governance or compliance, and IT advisors at the planning stage to answer any questions or concerns they might have.