Good governance practices can improve productivity and professionalism in any industry. Boards are increasingly demanding that technology helps them to save time before and during meetings, as well as outside of the meeting room. Board portals are specially made to meet these requirements and help boards simplify and speed up their decision-making, improve meeting productivity and help diligent boards improve governance.
It is essential to ensure that the board portal is user-friendly for all levels of technology proficiency. It is also essential to inquire about the support offered by the potential supplier. Look for 24/7 global customer support, with a dedicated team of customer success and industry recognition like the Customer Service Institute of America.
The most effective software for managing boards will allow directors and administrators to work off-line, which is especially useful for board meetings that are remote. The most effective solutions will sync with users once they are back online. This makes it easy to access and archive confidential documents both on- and off-site.
Another factor to consider is how much the solution will cost and whether it is scalable enough to meet the demands of your expanding business. A reputable company with an experience of successfully scaling organisations is a great option to minimize this risk.
