Board members are a key group of stakeholders with an important role to play in the success of your company. The way in which they communicate and collaborate is vital to the overall effectiveness of your board of directors. BoardManagement can help implement the best practices for your board meetings and documents.
Features of the portal for directors and board members
A board portal is software that allows members to access their centralized library of meeting materials, which includes the agenda for the next meeting, as well as other important documents, from any Internet-enabled device. It removes the need to send email attachments that are prone to cyber-attacks or distribute and print paper packets that can easily be lost or misplaced. Additionally, it provides security and a safer platform for collaboration and discussions as opposed to email.
The best board management software can also aid in improving your communication with your stakeholders and keep everyone in the loop in the board’s decision-making process. For instance, certain board portals offer options that let you upload and share files, create documents calendars and manage the minutes of meetings so everyone is aware of what’s happening and when it will happen.
Another feature that boards of directors frequently find useful is the ability to hold a http://www.thedailyboardroom.com live chat and share important information during a meeting, no matter where they are. This is particularly useful for those who travel often or work in remote locations.