An online board portal is a software platform that lets you store and distribute documents for board meetings to schedule meetings, as well as conduct votes. The technology also provides tools to manage meetings and tasks, as well as ensure conformance with regulations. Not every board management software is created to be the same, however. Different solutions provide different features and have varying price points making it difficult to choose the best option for your organization. Consider the following questions to narrow down your options before selecting the right board platform:

A portal for board meetings is a powerful tool for any company regardless of whether it’s an emerging startup with a budget or a major corporation looking to improve governance and collaboration. The best board meeting portals can reduce administrative costs and facilitate discussions. They also help to align participants in the boardroom. They offer a variety of features to make document management and preparation for meetings more efficient.

Some of the most important characteristics include:

Agendas and documents. Board management software lets you create and share an agenda, add relevant documents and topics, and distribute it to attendees prior to the meeting. It also lets you take notes and automatically create detailed minutes of meetings.

You can also use a board of directors portal to store and manage confidential documents. This includes pitch decks https://askboardroom.com/why-is-it-important-to-use-board-portal-technologies/ for telehealth expansion projects and investment memoirs for seed investors, and research reports for government agencies. The software’s central repository for documents makes it simple to access and organize files of all kinds. Its redaction capabilities can also help speed up the time it takes for agencies to respond to FOI requests.