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A board portal is digital tool that is designed to align all the stakeholders of the board. These tools allow collaboration and reduce administrative burdens, as well as improve governance monitoring. This allows the board to make better decisions in a shorter time and to be in compliance with the changing regulations in a timely way.
The best solutions for boards are easy to use for every member, regardless of their expertise in technology. They also reduce administration time and effort by automating processes and decreasing the use of email. This allows them to concentrate more time on governance issues and enhance the preparation for meetings and discussions in meetings.
It’s also essential that any board portal solution is secure and comes with an audit trail that is thorough. In this way, organisation officials can be assured that the portal complies with strict data privacy standards. Furthermore, communication between members is held within the portal rather than in individual emails which are more prone to cyber-attacks.
Board-level documents are some of the most sensitive data in an organization, and the right portal will ensure that they are protected at all times during their life cycle. Features such as remote wipe, permissions according to roles, and permanent purge ensure that information doesn’t disappear or become lost.
A good board portal should also offer the widest range of scheduling options for meetings and other activities. Board members can take part at any moment and from any location, which is ideal for remote or hybrid meetings. Video conferencing should be included for those occasions when face-toface meetings are not feasible.
