The Benefits of a Board Portal

A board portal is a safe cloud-based tool for managing and sharing documents associated with committee and board work. The tools allow online collaboration and communication between members and also support a variety additional functions, such as:

A variety of factors have led to the widespread adoption of board portal software with security concerns in mind. These include email attachments that cause serious risks as well as a need for more engagement from directors, the increase in workloads for governance specialists, and a desire to improve internal processes and mitigate risk. Typically, board members who are already using board management software will request it, either from their peers or industry insiders.

Boards of directors that have adopted a web-based portal for their meetings report significant improvements in the effectiveness and efficiency. As the number of users continue to grow, more companies are seeking to increase their use of the software. It is important to select the right board of directors portal service that can provide a high-quality service and a simple onboarding process. Start the selection process by clearly explaining the benefits of a management software solution to key stakeholders. Select and recruit portal ambassadors, usually members of the board, to help to initiate and ensure the success the implementation. This is especially crucial for those organizations that have older systems that will continue to be used in conjunction with the new portal.