Features of the Board of Directors Portal
Collaboration and innovation are key for board members of technology companies. Board portal software helps you get more done prior to, during and after meetings. Comprehensive board management software protects sensitive information, enhances governance and communication, and helps save time and money.
Board portals can be a great alternative to emailing board documents. They provide a secure platform that stores and delivers board packs in a format which is easily accessible. Availability messages ensure that directors connect to the portal before being granted access, while multi-factor authentication helps reduce security risks by having a password as well as a unique code to gain entry. Board of directors portals also contain a separate audit log that documents the history of all transactions, ensuring transparency and compliance with internal data policies.
After connecting to the portal, directors can view upcoming meetings and their preparation items on a dashboard, which displays the agenda, scheduled tasks and polls they have been assigned. They can also join remote video conference with a single click. These will automatically sync to their preferred web-based conferencing tools and appear on their dashboard.
After the meeting agenda items can be transformed into draft minutes with a single click. These can be distributed to approvers from any device. Unlike the free versions of file-sharing sites that present security risks, dedicated portals provide integrated support for the governance of an organization and integrate with devices directors already utilize. The best options offer features that enhance engagement following the same process the board members work which makes them more convenient than a traditional board book or paper-based procedure.
http://www.thedailyboardroom.com/board-meeting-voting-terminology
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