Good governance practices can boost productivity and professionalism in any field. Boards are increasingly asking that technology help them save time before and after meetings. Board portals are specially designed for these demands and can help boards simplify and speed up their decision-making processes, improve the efficiency of meetings and enhance governance.
When selecting a board portal solution, it is important to be aware of how user-friendly it will be for Board members with all levels of technological proficiency. Also, ensure that there’s no steep learning curve. In addition, you must inquire about the support provided by your potential supplier. Look for 24/7 global customer service with a dedicated team of customer success and industry recognition like the Customer Service Institute of America.
A reputable board management software program can allow directors and administrators to work offline, which is particularly helpful for meetings of the board that are remote or in instances where the Internet might be down. The best solutions will sync with the users when they come back online. This makes it easier to access and archive confidential documents both off and on site.
Another thing to consider is the amount the solution will cost you and if it will be scalable to meet the needs of your growing business. A reputable company with a track record of successfully growing businesses is an excellent option to lower the risk.