After major financial scandals at corporations caused disruption to industries and investors to lose billions, organizations began to https://ubisurfer.com/unlocking-efficiency-in-real-estate-transactions-the-role-of-real-estate-data-rooms/ look for ways to increase transparency accountability, transparency, and accountability. Board portals, also referred to as second generation portals were created to ensure secure communication and sharing of documents between board members, while facilitating meetings.
The technology has evolved to include additional features to assist board directors in communicating better before, during and after meetings, and make more informed decisions. Not all portals are the same and it’s important to know the tools your board requires, versus what you would like to have.
If your business is considering the first board management software purchase or upgrading to a new solution, it’s important to consider what features are crucial to an enjoyable user experience and a high return on investment (ROI). To help you navigate the process of choosing the right platform for your needs, this article will highlight key must-have onboard board management software features.
One of the most important features to have is a dedicated meeting agenda creator. This feature will eliminate the need for sharing meeting materials via email and ensures that all board members receive an agenda copy. In addition, having a dedicated task manager that lets secretaries assign tasks to board members helps everyone to be accountable for their assigned responsibilities.
Another feature that is essential is an encrypted document center that stores all documents of the board all in one location. Using this tool eliminates the requirement for board members send files via email or upload them to other file-hosting services like Dropbox or Google Drive, and it can also give security of knowing that sensitive information is secured from unauthorised users.
