Software board is an open platform that lets users to build data models for business intelligence and workflow management. It also assists with predictive analysis, and helps businesses keep their performance up to date. The software is helpful in many contexts, such as strategic budgeting and planning. Its unifying interface makes easy to access the information that is most relevant to your decision-making process.
When selecting a board portal ensure it meets the requirements of your company’s governance issues. Find a portal with features such as secure access for both board members and the administrator to meeting materials, agendas and boards packs. Other options include electronic signatures, encryption, digitally recorded meetings and post-meeting work.
Customer support is an additional important factor. It is recommended to choose a provider that offers live support via phone and online and is dedicated to helping customers utilize the software effectively. If you have an entire group of board members that are resistant to new technology, take them slowly on the digital journey. Show them the way forward and let them run a few meetings in parallel to their old process so they can have a backup plan.
Board portals are extremely adaptable and accommodate the needs of organizations of any size. For example, they can assist private Boards in their key decision-making process that determines the future structure of their companies and public Boards in their rigorous compliance obligations. They can be used to streamline board information distribution to non-Board stakeholder groups.