An online board portal is a computer platform that lets you store and distribute board documents, schedule meetings and conduct votes. The technology can be used to manage meetings and tasks to ensure compliance with the regulations. Not every board management software is created identical, however. It can be difficult to choose between different options that have different features and prices. To narrow your options take a look at the following questions prior to choosing a board portal:

A portal for board meetings is a powerful tool for any company regardless of whether you’re a small startup on a budget or a large corporation seeking to improve collaboration and governance. The best board of directors portals can cut administrative costs, facilitate better discussions and help align all the stakeholders in the boardroom. They are equipped with a range of features to help with the management of documents and preparation for meetings simpler and more efficient.

Some of the most important aspects include:

Agendas board meeting software and documents. Board management software lets you create and share an agenda, add relevant documents and topics, and then send it out to the participants prior to the meeting. It also lets you take notes and automatically create complete minutes of meetings.

It is also possible to use boards of directors portals to manage and store confidential documents. This includes pitch decks for projects to expand telehealth and investment memoirs for seed investors and research reports for government agencies. The software’s central document repository makes it easy to access and organize all types of documents, and its redaction capabilities can reduce the time it takes for agencies to respond to FOI requests.