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An online board portal is a computer platform that lets you store and distribute documents for board meetings as well as schedule meetings and conduct votes. The technology allows to manage meetings and tasks to ensure compliance with the regulations. But not all software for managing boards are made equal. It can be difficult to choose between solutions that offer different features and costs. To narrow down your options take a look at the following questions prior to choosing the right board portal:

A portal for board meetings is a fantastic tool for any business regardless of whether it’s just a small business on a budget or a large corporation looking to improve governance and collaboration. The best board of directors portals cut down on administrative costs, enable better discussions and assist in aligning stakeholders in the boardroom. They also have a variety of options that make document management and meeting preparation simpler and more efficient.

Some of the most important characteristics are:

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

You can also utilize a portal for board of directors to store and manage confidential documents. These include pitch decks for telehealth initiatives or investment memoirs for seed investors, and government agency research reports. The software’s centralized document repository allows users to easily access and organize all kinds of documents, and its redaction capabilities can reduce the time taken by agencies to respond to FOI requests.