Board Portal is an application which allows sharing of data, documents and information online in a secure and safe environment. It is a central repository for documents for boards that can be accessed from anywhere by directors and other stakeholders. It also has a suite of tools that enable directors to communicate and collaborate during meetings, resulting in more effective governance and decision-making.
A third-generation portal is built to be secure, user-friendly and accessible on any device. The technology behind it makes the process of preparing for meetings easier, and reduces the time that governance professionals spend looking through board books and lengthy email threads. It can help reduce the number of meetings, allowing for a more efficient use of resources as well as an improved corporate culture.
A reliable provider of this type will understand the unique needs and challenges of a board, and will provide a custom solution that is simple to install and use. It should also provide extensive assistance with regard to training and documentation for new users. It should also provide a flexible price model to ensure that the solution will be used and implemented within the budget restrictions set by the organisation. A reliable service will increase the productivity and efficiency of the boardroom and governance function. It will also assist boards to remain flexible and responsive in a unstable world.