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Board portal solution provides security, efficiency, and transparency in board governance and management. This means that boards can concentrate on the strategic decisions that drive business growth.
There are a myriad of choices for board portals, but it is essential to select the right one for your needs. It should be designed to meet your company’s requirements and workflows and include features like documents storage, scheduling meetings, and voting tools. It should also be mobile-friendly to ensure that board members have the ability to access it anywhere anytime, on any device.
Before you purchase board portal software take note of the following crucial features to ensure it is a good fit for your business:
The streamlining of decision-making process: Facilitate formal decision-making with secure electronic voting directly within the portal, avoiding messy ballots made of paper and allowing quick tally results. The portal also tracks actions and decisions, ensuring every member’s voice in meetings is heard.
User-friendly: Provide training materials, including tutorial videos and FAQs which will ensure that your board members enjoy an effortless and easy experience using the platform. The more comfortable your board members are with the portal, then the more efficient it is.
Ask your vendor if there are any free trials available. Make use of these. This will allow your board members to try out the features before making the final decision. Also, determine if they have an effective customer service team to help you get started and answer any questions that arise during the process of implementation.