Board members are a vital group of stakeholders who are essential to the success of any company. How they collaborate and communicate is vital to the overall effectiveness of your board of directors. If you’re trying to streamline your board meetings or simplify the management of documents, BoardManagement can help you implement the best tools for the best practices.

The Board of Directors Portal

A board portal is software that lets members access their central library of meeting materials, including the agenda for the next meeting, as well as other important documents, on any internet-connected device. It eliminates the need to use email attachments, which are vulnerable to cyber attacks or distribution and print paper-based packets which can be easily lost or thrown away. Moreover, it also provides an extra secure and safer platform for discussions and collaboration rather than email.

A well-designed board management tool will also enhance your communication with stakeholders and ensure that they are engaged in the decision-making process. For instance, certain board portals have features that let you upload and share files, create a calendar of documents and manage the minutes of meetings so everyone is aware of what’s going on and when.

Another feature that boards of directors usually appreciate is the capacity to engage in a real-time discussion and discuss important issues during the meeting, no matter where they are located. This is especially useful for those who travel often or work in remote areas.

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