An online board portal is a software platform that allows you to store and distribute board documents, schedule meetings and conduct votes. The technology also offers tools to manage meetings and other tasks, which ensures conformance with laws. Not all board management software is created identical, however. Many options offer different features and have varying price points which makes it difficult to choose the best option for your organization. To narrow your options you should consider the following questions before choosing the right board portal:

Whether you’re a small startup with a small budget or a reputable corporation looking to improve the governance and collaboration practices, a board meeting portal can help. The best portals for board meetings can reduce administrative expenses, improve discussions and align all the stakeholders in the boardroom. They come with a range of features that make document management and preparation for meetings easier and more efficient.

The most important features are:

Agendas and documents. Board management software allows you to create and share an agenda, add related documents and topics, and distribute it to attendees prior to the meeting. It also lets you make notes and automatically create comprehensive minutes of the meeting.

You can also utilize boards of directors portals to store and manage confidential documents. These include pitch decks for telehealth projects, investment memoirs to seed investors, and agency research reports. The software’s central repository for documents allows users to easily access and organize all types of files. Its capabilities to redact can speed up the time required for agencies to respond to FOI requests.

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